Malaysia My 2nd Home for Foreign Buyers

For foreign buyers, you can look at the Malaysia My Second Home (MM2H) scheme promoted by the Government of Malaysia to allow eligible foreigners to stay in Malaysia for as long as possible on a multiple-entry social visit pass. The Social Visit Pass is for an initial period of ten (10) years, and is renewable thereafter.

Participants of the MM2H Programme are provided with various incentives to make their stay more comfortable and enjoyable in Malaysia. Here are some highlights:

  • House purchase at prices above RM500,000
  • Car purchase without import or excise duty, or sales tax
  • Education for children under 18
  • Tax exemption subject to existing guidelines
  • Domestic help

For detailed a description about MM2H, please visit www.mm2h.gov.my

Disclaimer : This information has been extracted from the principal site and may not be the latest.