MM2H Visa Permit
House PurchaseEach participant is allowed to purchase residential houses valued above RM1,000,000 in all states as per the new ruling from 1st January 2014. There is no limitation to number of units. |
Car Purchase (Tax and Duty Free)Applicants are allowed to purchase one (1) unit of Tax Exempted car in Malaysia or bring in their own vehicle without having to pay import duty, excise duty and sales tax. Domestic HelperEach applicant can apply for one maid subject to the prevailing guidelines of the Immigration Department. EducationParticipants are allowed to bring their children who are below 21 years old and not married as their dependants. TaxTax exemption is given to remittance of offshore pension fund into Malaysia & any other foreign funds transferred into Malaysia, interest gained from bank fixed deposit as well as imports for personal / household items Business & InvestmentYou can own and actively run your own business but terms apply. Generally any MM2H visa holders can own their own business as Directors without the requirement of any Local Malaysians. You may also invest in local companies, the share market & unit trusts Working Part TimeApplicants above age 50 can work part time with terms applied. |