New MM2H Guidelines 2024

TL;DR

1. New MM2H provides three tiers Platinum, Gold & Silver;

2. New requirement to buy real estate which is compulsory;

3. Fixed deposit requirement increased;

Exactly three years ago I shared a comparison of existing MM2H with newly proposed MM2H requirement in 2021. You can check out the previous MM2H post here.

Instead of comparing the proposed requirement back in 2021, let’s forget about those as they are irrelevant now.

For those that are new to MM2H;

The Malaysia My Second Home (MM2H) is a programme promoted by the Malaysia Tourism Authority and the Immigration Department of Malaysia, to allow foreigners to stay in Malaysia for a period of ten years. Foreigners who fulfill certain criteria may apply, and a successful applicant is allowed to bring a spouse, an unmarried child under the age of 21, and parents who are over 60 years old. Wiki

At the time of writing, considering the ‘chaos’ happening in the western and european countries, it seems like Southeast Asia could be the destination for foreign nationals to migrate. In my previous article I did some comparisons living or retiring in ASEAN countries e.g. Thailand, Philippines etc. You can revisit the post here.

I listed out a summary for new MM2H criteria that recently updated as of 22 July 2024. Of course, they are non-exhaustive list. For complete requirements, you can request free pdf download here.

Summary of New MM2H Requirements by Tier