Second Home Program – Zeon Properties

Moving to Malaysia

Malaysia has a charming natural landscape and a relatively affordable cost of living, and it is a leading country in Asia for livability. According to the Overseas Long-term Residence Association, it is one of the popular destinations for immigrants. In addition, Malaysia is not located in the Pacific Rim seismic belt and is rarely affected by earthquakes and tsunamis. In addition, Malaysia has a similar culture to Taiwan and high school education is popular, which provides an excellent settlement option for overseas people looking for a new home.

Benefits of a Second Home

Malaysia My Second Home Program (MM2H) offers many benefits to attract overseas residents to stay and invest for a long time, including:

Long-term residence
Financial flexibility
Healthcare Advantages
Lower cost of living
Children's education options
Real estate investment opportunities

Second Home Application Process

1. Free consultation

We will provide any information and advice on the Malaysia My Second Home Program.

2. Application confirmation

Once you are confirmed to participate in this program, we will charge you a processing fee.

3. Prepare application documents

You need to prepare the necessary documents and mail the originals to the MM2H office.

4. Submit documents

Once the documents are complete, we will submit the application documents to the government department.

5. Preliminary government review

The government reviews and decides on the application outcome.

6. Audit Results

Applicants need to stay in Kuala Lumpur for 7 days to complete the following tasks: purchase medical insurance, bank deposit procedures, and pay visa fees.

7. Collect MM2H visa

The Malaysian Immigration Department is the approval and issuance agency for MM2H visas.

8. Property selection and contract signing

Applicants must select and sign a property purchase contract within one year of approval.

Frequently questions

Answer common questions about buying property in Malaysia
to make your home buying process smoother

Can I use funds, government bonds or stocks in my proof of assets?

No, now the second home only recognizes deposits and current accounts; financial products, funds, bonds, stocks, etc. are no longer recognized.

What are the levels and conditions of the Second Home Program?

The Malaysia My Second Home (MM2H) program has been reclassified in 2024 and has three levels: Platinum, Gold and Silver. The requirements and benefits of each level are different, as follows:

1. Platinum

Deposit requirements: Minimum deposit of USD 1 million (or equivalent in other currencies).
Visa duration: 20 years, renewable.
Other requirements: Applicants must provide health insurance, a clean criminal record, and meet residency requirements.
Other benefits: Enjoy the highest level of property purchase requirements, investment opportunities and premium benefits.

2. Gold

Deposit requirements: Minimum deposit of USD 500,000 (or equivalent in other currencies).
Visa duration: 15 years, renewable.
Other requirements: You also need to provide health insurance, a clean criminal record, etc., and meet basic residency requirements.
Other benefits: Provide medium-level property purchase requirements and other corresponding benefits.

3. Silver

- Deposit requirements: Minimum deposit of $150,000 (or equivalent in other currencies).
- Visa duration: 5 years, renewable.
- Other requirements: Applicants need to meet basic health insurance and criminal record requirements.
- Other benefits: The minimum value of the property purchase is lower, which is suitable for applicants with smaller budgets.

Regarding MM2H insurance, can I use the medical insurance of my own country?

You must purchase medical insurance in Malaysia. The first year is mandatory.

What are the main taxes and fees that foreigners need to pay when buying a house in Malaysia?

Can I work in Malaysia after obtaining the MM2H visa?

After obtaining the MM2H visa, the holder cannot engage in paid work in Malaysia. This visa is mainly for long-term residence and does not authorize the holder to work locally. If you wish to work in Malaysia, you must also apply for a work visa.

Can I set up a company after obtaining the MM2H visa?

If it is obtained through the platinum category, then yes. Other categories prohibit employment in Malaysia. There is no problem working remotely in Malaysia as long as the income is earned outside Malaysia.