MM2H Program

10
Malaysia My Second Home Program By, Complete Point (MM2H) Sdn. Bhd. www.migratemalaysia.com Official License Agent: MM2H 0006 By, Ministry Tourism of Malaysia Endorsed by, the MM2H Immigration Department and MM2H Ministry

description

Malaysia My Second Home is the 4th best retirement program in the world.

Transcript of MM2H Program

Page 1: MM2H Program

Malaysia My Second Home ProgramBy, Complete Point (MM2H) Sdn. Bhd.www.migratemalaysia.com

Official License Agent: MM2H 0006By, Ministry Tourism of Malaysia

Endorsed by, the MM2H Immigration Departmentand MM2H Ministry

Page 2: MM2H Program

WHAT MAKES Malaysia Attractive as Your Migration Destination?

English is widely used so there is no language barrier. Malaysia is a melting pot of people with different cultures and nationalities, living harmoniously together

Low density living, with a population of only 28.9 million people of3 main races, Malay, Chinese and Indian

Freedom of religion Affordable country to live in, with reasonable property prices Politically stable with liberal government policies Foreigners can have 100% ownership of their businesses Ever-growing economy, full of promise of many opportunities Good infrastructure with facilities, highways, trains and airports Good medical facilities with affordable prices Malaysia is Asia’s education hub, where you can attend many

internationally recognized courses at very affordable prices Malaysia is a peaceful country, safe from natural disasters such as,

earthquake, tsunami and volcanoes Malaysia is a gateway to the world, allowing easy connectivity and travel

with manybudget airlines available. The budget airlines include, AirAsia, JetStar and FireFly.

Malaysia ranked 11th for the Global Peace Index for 2010

Page 3: MM2H Program

Criteria/Financial Requirement to Apply for MM2H

Upon approval, successful participants will receive a ‘Conditional Approval Letterwitha validity of 6 months' from Immigration Department of Malaysia. The 3main categories of applicationare as follows:-

I.Aged Below 50 years old

Business Owners/Employeeswith proof of a minimum monthly income of MYR 10,000 anda Savings Account witha minimum of MYR 500,000

After approval, you will need to place a MM2H Fixed Deposit ofMYR 300,000.In the second year, you can withdraw up to MYR 150,000 for approved expensesand purchases made relating to property, car, education and medical purposes in Malaysia.

However, you must maintain at least MYR 150,000 in the Fixed Depositthroughout your stay under this program,unless you terminate the program.

II.Aged 50 years and above

Business Owners/Employees with proof of a minimum monthlyincome of MYR 10,000 and a Savings Account with a minimum of MYR 350,000

After approval, you will need to place a MM2H Fixed Deposit ofMYR 150,000.In the second year, you can withdraw up to MYR 150,000 for approved expensesand purchases made relating to property, car, education and medical purposes in Malaysia.

However, you must maintain at least MYR100,000 in the Fixed Depositthroughout your stay under this program, unless you terminate the program.

OR

Page 4: MM2H Program

Pensioners/Retirees with proof of a monthly off-shore pensionof a minimumofMYR 10,000 from government approved pensions or funds.

III. Property Purchased Category

For those who have already made cash payments for properties (in Malaysia)valued at MYR 1 million of more, conditional approval will be given with a Fixed Deposit requirement of MYR 100,000 (aged above 50) and MYR 150,000 (agedbelow 50).

Participants of “Malaysia My Second Home Program” are provided with various incentives to make your stay even more comfortable and enjoyable in Malaysia

House Purchase .Car .Education .Maid . Businesses/Work .Bank Facilities .

Page 5: MM2H Program

Why is the Malaysia My Second Home Program So Special?

The MM2H pass is renewable after every 10 years, allowing multiple entries to Malaysia. Indefiniteextensions are allowed, as long as you do not violate the Malaysian law or perform illegal activities.

MM2H approval processing time takes 30 to 45 days only!

MM2H holders are not restricted by a minimum stay requirement throughout the 10 years, to eligible for renewal for the next 10 years.

Immediate family members can apply together. Even children (below the age of 21) are eligible to apply together.

Children under the MM2H pass can study in schools and colleges without needing to apply for a yearly Student Visa.

Parents above the age of 60 can also be included in the application.

Tax-free car incentive- you can either import or buy car in Malaysia.

Maid incentive- you are allowed to bring a maid from your own country.

Property incentive – you are allowed to purchase unlimited properties with a minimum price MYR500,000 per unit.

Most MM2H holders are able to get housing loan and car loan from Malaysia bankers.

MM2H holders above 50 years of age,are allowed to work for a maximum of 20 hours per week.

MM2H holders can participate and 100% own their own business in Malaysia

Page 6: MM2H Program

You are allowed to stay anywhere inseparate MM2H program needs to be applied for

With the MM2H pass, Malaysian Embassy/Consulate in yoMalaysia.

You are allowed to invest

You are allowed to remit with no tax imposed

You are allowed to import

MM2H is a 100% risk free program where name, placed in any local bank in Malaysia andwithdrawn.

You can choose to terminate MM2Hyears and take back 100% of your Fixed Deposits placed under the program. Termination only takes 5 working days!

After approval is obtained, you are required to land in Malaysiato complete the following final steps:

Endorsement of MM2H Visa

Immigration Department

Settle the Fixed Deposit Account

Perform Medical Check up

Purchase Medical Insurance

stay anywhere in Malaysia, except in Sarawak where MM2H program needs to be applied for.

the MM2H pass, you need not to apply for an entry visa from Embassy/Consulate in your country each time you come

You are allowed to invest in businesses, stock markets and funds

You are allowed to remit your monies freely in and out of the country, imposed.

import your personal belongings to Malaysia

MM2H is a 100% risk free program where the Fixed Deposits are in your any local bank in Malaysia and interest earned can be

You can choose to terminate MM2H program atanytime during the 10 years and take back 100% of your Fixed Deposits placed under the program. Termination only takes 5 working days!

obtained, you are required to land in Malaysia within 6 monthsto complete the following final steps:-

Endorsement of MM2H Visa

at Immigration Department

except in Sarawak where a

entry visa from the ur country each time you come to

and funds.

the country,

your personal belongings to Malaysia - tax free.

xed Deposits are in your interest earned can be

during the 10 years and take back 100% of your Fixed Deposits placed under the

within 6 months

Page 7: MM2H Program

About Complete Point

•Long in the business since 2001 – We are thepioneer agent of the Malaysia My Second Home (MM2H) migration program for Malaysia.

•Ranked No.1 in 2009 and 2010 as the Top Recruiter by the MM2H Ministry, Tourism Malaysia and Immigration Department of Malaysia, having handled and processed the most number of approved cases worldwide.

•To-date, we have experience in handling files of clients of 35 different nationalities. The files are of various types and styles, in terms of clients’ profile and documentation. However, we have managed to successfully obtain approvals.

•We are the only MM2H agent appointed by various bankers, including Kuwait Finance Bank, Al Rajhi Bank Bhd. and Asian Finance Bank as their exclusivemortgage broker.

•We know the program well and are able to give the latest update on the Program should there be any changes.

• Highsuccessful approval rate of 98% to date. The remaining unapproved 2% is mainly attributed to the client’s profile being unable to successfully pass thesecurity verification by our Home Security and/or the client decided not to go ahead with an appeal.

•We only concentrate and specialize in one service and one business - that is, Malaysia My Second Home program, and no other migration programs.

• We provide complete and a full range of services, ranging from schoolplacement, property investment to business set-up.

•We provide a complete and extensive range of visa support services, should you need them.

Page 8: MM2H Program

•We provide complete busiobtaining various trade licenses as well as work visa for their staffthe up and running of their

• We have fostered good relationshipfinancing for your property and car purchase, should you requireanytime. We are the official appointed mortgage broker for Al Rahji Bank Malaysia.

•We are a company that isare able to render support and servicesyear visa stay and beyond.

•Our office is located in the heeasily accessible, with no doubt of finding us!

•We understand that migration your needs will be met hassle freeglad our satisfied clients have contributed to

•We recommend that the best place to verify our compecontactingPuanSitiNani, the MM2H Director

Ms. Bee with En. Hamid, MM2H Immigration Head of Department

complete business solutions to our clients from incorporation to various trade licenses as well as work visa for their staff, to facilitate

ir businesses.

ood relationships with bankers, facilitating your approval forfinancing for your property and car purchase, should you require themanytime. We are the official appointed mortgage broker for Al Rahji Bank

y that is six staff strong (not a one man show business) and able to render support and services, which you may require during your 10

year visa stay and beyond.

•Our office is located in the heart of Kuala Lumpur City Centre - a location with no doubt of finding us!

We understand that migration is a very personal business, thus we ensure all met hassle free.Our aim is provide convenient service

our satisfied clients have contributed tomany referrals to-date.

the best place to verify our competency and services is by PuanSitiNani, the MM2H Director or any of her colleagues a

ness solutions to our clients from incorporation to to facilitate

facilitating your approval forthem at

anytime. We are the official appointed mortgage broker for Al Rahji Bank

(not a one man show business) and which you may require during your 10-

a location that is

hus we ensure all services.We are

tency and services is by of her colleagues at

Page 9: MM2H Program

theMM2H Centre (Tel: + 603-88917428/+603-88917432).For more information on the MM2H Ministry, kindly visitwww.mm2h.gov.my.

•If you are in overseas, please feel free to drop by at the Ministry of Tourism Malaysia and Malaysia Embassy in your country to ask for the verification of our Company. To locate the Malaysia Foreign Ministriesaround the world, please visit www.kln.gov.my.

In the case that any of the following happens to you, we assure you that an extensive array of visa support services is readily available to you:

My passport is going to expire My initial visa stamping is only valid for 3 years. It now requires extension. One of my family member’s passport is lost/ missing My citizenship has changed My child’s student visa is going to expire and it needs to be converted to a

MM2H visa As a MM2H main applicant, I want to stamp the visa earlier, while my

family members do it at a later date My maid’s visa needs renewal My Approval Letter and Entry Visa are lost! I have new child added to my family My parents’ 6-month visas need to be renewed regularly I want to terminate the MM2H program and withdraw my fixed deposits I want to extend my approval letter My children and my parents who are in Malaysia, require visa extension

Mr Danny and Ms Bee with PuanSitiNani, MM2H Director

Page 10: MM2H Program

OTHER SERVICES:-

• Application and processing of Maid Visa

• Application of Inclusion of Parents and New Children to the MM2H Program

• MM2H Fixed Deposit Withdrawal After One-Year

• Application for Motor Vehicle Tax Exemption (Local Purchase or Import)

• Termination of the MM2H Program

• School Placement and Assessment Test arrangement

• Property Rental arrangement

• Property Purchase arrangement

• Finance Facility for Property and Car Purchase

• Assistance for the Formation and Set Up of a New Company

• Business Investment Advisory and VariousLicensing assistance

• Application of Expatriate Permit, and all other Immigration passes and visas

For Business Advisory information, please visit www.malaysiabizadvisory.com

Locate Us at:-

Complete Point (MM2H) Sdn. Bhd.(MM2H License No 0006)Unit 07-09 Level 7, Plaza 138 (same building as Maya Hotel)138 JalanAmpang, 50450 Kuala LumpurMalaysia(Opposite KLCC, next to British Council)

www.migratemalaysia.comTel: +603-2161 5096Fax: +603-2166 1951

Email: [email protected] Person: Mr. Danny Soon, International Marketing Director