KLSE (MYR): HOHUP (5169)
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Last Price
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Day's Change
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2024-05-13
2024-05-07
2024-05-07
2024-05-07
2024-05-07
Good123
24,974 posts
Posted by Good123 > 3 weeks ago | Report Abuse
sabah mm2h, much easier to obtain, etc. :)
Are you eligible to apply?
The MM2H programme is open to all countries recognised by Malaysia but the programme has numerous requirements.
Open to all citizens of countries recognized by Malaysia. (Except Israel regardless of race, religion and gender).
Main applicant must visit Sabah in the recent years. Sabah immigration will request entry to Sabah stamp on your passport.
Main applicant can bring along spouse and children below 18 years old. Main applicant must NOT be younger than 30 years old. If you are between 30-50 years old, it is recommended to furnish school acceptance letter or residence address to increase chance of MM2H approval.
Main applicant may be required to show proof of residence address in Sabah as supporting documents such as Sales & Purchase Agreement (Buy a house) or Tenancy Agreement (Rent a house) in Sabah.
Financial Requirements
Main applicant below and above 50 years are both required to show proof offshore income of RM10,000 per month.
Main applicant below 50 years old is required to show liquid assets worth a minimum of RM500,000 and above 50 years old is RM350,000.
Main applicant is required to open a RM150,000 fixed deposit in Sabah for those aged >50 years / RM300, 000 for those aged <50 years for 10 years after MM2H approval.
On second year, MM2H holder may withdraw up to RM50,000 for those aged >50 years / RM150,000 for those aged <50 years for approved expenses related to house purchase, car, education for children and medical purposes from Fixed Deposit.
Incentives and Benefits
Enjoy 10-years multiple entry visa, MM2H visa is renewable every 10 years.
Fast and easy approval within 3-4 months.
Low financial requirement for entry.
Main applicant can bring along spouse, children, parents, maid and pets.
Fixed deposits are under your name, entitled to earning annual bank interest. It is completely risk free.
Part of the fixed deposit can be withdrawn after 1 year if you purchase property, car, school fees or medical expenses.
Enjoy tax-free income remitted into Malaysia.
Unlimited number of property purchase.
MM2H holders are eligible to apply for bank loans up to 80% for property purchase.
MM2H program termination process is easy and fast. It can be completed within 5 working days and you can withdraw your MM2H fixed deposit.
Application Procedures
Part 1 (Document Preparation)
Schedule a Zoom meeting with SummerPlace (MM2H) Sdn. Bhd. for personalized consultation.
Sign up Sabah MM2H application and make deposit payment.
Prepare Letter of Good Conduct and other documents according to Application Checklist.
Sign relevant documents and courier to Malaysia office.
Part 2 & 3 (MM2H Submission)
Part 4 (Visa Endorsement)
https://summerplace.co/sabah-mm2h/