MM2H BENEFITS - Approval in 45 Days + -
Approval 4 Weeks / Purchase RM$1Million+ Home !
10 YEARS MULTIPLE RE-ENTRY VISA + RENEWAL FOR LIFE !
You will be issue a 5 / 10 years Multiple re-entry visa - subject to the validity of period of your passport. Upon expiry of your multiple re-entry visa you can renew at the Malaysian Immigration Department - FOR LIFE !
Each participant is allowed to buy two residential houses valued at between RM250,000 and RM300,000 and above - each. The minimum price will depend on location. The minimum price for house purchases is generally set at RM250,000 and above for all states . But for Sarawak - Kuching & Miri area must be RM300,000 and above.
Effective June 2007 - MM2H participants can purchase 2 Residence Homes above RM$250,000 without Foreign Investment Committee approval
NO Property Capital Gain taxes when you sell your property effective June 2007 also.
Each participant is allowed to bring in his own car (used) or purchase a locally-assembled car without having to pay import duty, excise duty and sales tax. However, they must apply for prior approval within the 6month / 1years time period given by the Finance Ministry and Ministry of International Trade and Industry. Participants are only allowed to sell their imported/locally purchased car after 2 years' stay on the programme by paying the prevaling duties)
(DUTY FREE CARS - SAVINGS UP TO 40% OF LOCAL CARS)
Each applicant can apply for one maid subject to the prevailing guidelines of the Immigration Department.
MM2H participants are allowed to bring their children who are below 18 years old and not married as their dependants. Dependants who intend to continue their schooling in Malaysia are required to apply for a student pass.
APPROVAL IN 45 DAYS+ - ONCE APPROVE MANY BENEFITS SUCH AS:-
1) Social Visit & Multiple Re Entry Visa for 5 / 10 Years depending on your passport validity
2) The Visa is RENEWAL FOR LIFE for you and your family
3) Buy 2 Homes above RM$250,000 No Foreign Investment Committee Approval is needed
4) Home registered in your name -100% ownership - Most Malaysia property - Freehold Title
5) Upon selling your property - No Capital Gain Tax
6) Import own car or purchase local assemble car (one) -Save up to 30+% on all taxes
7) Bring in your favorite maid or employ one foreign maid in Malaysia
8) Income from overseas - Tax free
9) Children education in Malaysia to university level some affillated with oversea universities
10) Do business in Malaysia (Employment Not allow unless local don't have the skills)
11) Go to, stay as long as you wish & leave Malaysia anytime as you please
12) Your parents above 60 year old can join you also under a long term visa
13) Import personal household items tax exempted
14) Invest in local companies, share market & unit trust also
15) Interest gain from bank fixed deposit is tax exempted
MALAYSIA - PENANG / KL / JOHOR PROPERTY - PLEASE CLICK HERE