Malaysia My Second Home
A renewable 5-year Malaysian residence visa on a fixed deposit and property purchase — one of Southeast Asia's most accessible long-term residency routes.
Malaysia My Second Home Programme Overview
Malaysia's My Second Home programme (MM2H) is a long-term residence visa administered by MOTAC — the Ministry of Tourism, Arts and Culture — under the Tourism Industry Act 1992. The programme was substantially restructured and relaunched in 2024 into a three-tier structure (Silver, Gold, and Platinum), replacing the earlier single-tier version; those 2024 rules remain in force.
Indohill tracks the Silver tier as the representative entry point — the lowest-cost of the three tiers, combining a fixed deposit with a mandatory property purchase, and issuing a 5-year visa.
Benefits of Malaysia My Second Home Programme
- A 5-year renewable Malaysian residence visa for the main applicant and dependants
- The lowest-cost entry point among Malaysia's three MM2H tiers, making it one of the most accessible long-term residency routes in Southeast Asia
- Foreign-source income is generally not taxed for individual MM2H holders
- The qualifying capital is split between a retained fixed deposit and a genuine, owned property, rather than a single non-refundable contribution
- Access to a well-established expatriate community and healthcare and education infrastructure across Malaysia
Requirements
The main applicant places a qualifying fixed deposit in a Malaysian-licensed bank and separately purchases qualifying property:
1. Silver Tier — Fixed Deposit + Property Purchase
A fixed deposit of RM500,000 (approximately $150,000 — sources describing this route are increasingly citing an equivalent USD 150,000/RM600–700,000 range as exchange rates move) placed in a bank licensed by Bank Negara Malaysia, combined with a mandatory property purchase of at least RM600,000. The visa issued under this tier is valid for 5 years.
Procedure
The applicant submits an MM2H application through MOTAC's approved agent or channel, together with proof of the qualifying fixed deposit commitment and evidence of the property purchase (or a binding commitment to complete one). MOTAC reviews the application against its 2024-restructured Silver-tier criteria before issuing the 5-year visa.
Fees & Costs
Beyond the RM500,000 fixed deposit and RM600,000 property purchase, applicants pay MOTAC processing fees per applicant and dependant, plus separate legal and property-purchase advisory fees. Indohill discloses the full statutory and legal fee breakdown for this programme, and every other programme we track, in the Global Matrix Marketplace fee breakdown tool before you commit to a specific bank or property.
The Fixed Deposit Must Be at a Bank Negara-Licensed Institution
The qualifying fixed deposit must sit at a bank licensed by Bank Negara Malaysia — several international banks operating in Malaysia (including HSBC Malaysia, Standard Chartered Malaysia, and Citibank Malaysia) qualify alongside local banks, but not every foreign bank's Malaysian presence automatically does. Indohill confirms the specific institution's eligibility before any client places funds.
Background & Legal Considerations
The My Second Home programme is administered by MOTAC, the Ministry of Tourism, Arts and Culture, under the Tourism Industry Act 1992. The programme was significantly restructured in 2024 into its current three-tier Silver/Gold/Platinum framework, replacing the earlier single-tier version — Indohill confirms an applicant's eligibility against the current, post-2024 Silver-tier rules rather than the superseded structure.
Why Indohill Advises This Program
- A private, advisor-reviewed intake — every application is scoped by a person, with the fixed-deposit bank's eligibility and the target property's qualifying status confirmed before any commitment
- Coordination with independently licensed Malaysian immigration counsel and MOTAC-approved agents, vetted against Indohill's Certified Partner Network standards before any introduction is made
- Full statutory and legal fee disclosure through the Global Matrix Marketplace before you commit to a specific bank or property
- The same 5-phase advisory methodology Indohill applies across every program, from initial audit through lifelong governance and renewal support
Malaysia My Second Home Programme FAQ
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