Malaysia Lowers MM2H Program Deposit Requirements

Find out about Malaysia's new MM2H changes and how they benefit you. [image](=) Hi {NAME}, Malaysia Lowers Deposit Amount for MM2H Program Exciting news for those eyeing Malaysia for a second residency. Malaysia has announced new changes to its Malaysia My Second Home (MM2H) program, making it more accessible. Key Changes: - Lowered Deposit Amounts: The fixed deposit for the Gold tier is now RM1 million, down from RM2 million. - Permit Duration Changes: The Platinum tier now offers a 20-year permit instead of permanent residency. - New Categories: A new MM2H category for special economic and financial zones, with details coming soon. Background: The Malaysian government has revised the MM2H program to attract high-net-worth individuals. This is the second update within a year, aiming to improve the program after the unpopular 2021 terms. New Deposit Requirements: - Silver: RM500,000 - Gold: RM1 million - Platinum: RM5 million Property Restrictions: - Silver: Minimum property value of RM600,000 - Gold: Minimum property value of RM1 million - Platinum: Minimum property value of RM2 million Other Notable Changes: - MM2H holders can withdraw 50% of their fixed deposit after one year for property, healthcare, or tourism. - A 10-year holding period is required before reselling the property, but upgrades are allowed. - Applicants must reside in Malaysia for at least 60 days per year. Impact and Next Steps: If you're considering Malaysia or exploring other options, [get in touch with us](). We'll help you navigate these changes and find the best program for your needs. In Freedom and Prosperity, The Nomad Capitalist Team = [Update Email Preferences]( | [Unsubscribe]( Nomad Capitalist Limited 2301, 23F Bayfield Building 99 Hennessy Road Wanchai Hong Kong +1 (979) 966-6623