MM2H FIXED DEPOSIT WITHDRAWAL

MM2H participants are allowed to withdraw partial of the required Fixed Deposit from the second year onwards for expenses incurred in Malaysia related to house and car purchase, children’s education and medical purpose. 

Therefore, we advise all MM2H participants to keep all the bills and related documents to support their application for Fixed Deposit withdrawal.

Fixed Deposit Withdrawal based on age categories:

BELOW 50 YEARS OF AGE

After the approval of your MM2H application, you are required to place MYR 300,000 as fixed deposit in Malaysia

After a period of 1 year, the participant can withdraw up to MYR 150,000 for approved expenses relating to house purchase, education for children in Malaysia and medical purposes. Participant must maintain a minimum balance of MYR 150,000 from second year on wards and throughout his/her stay in Malaysia under this programme

ABOVE 50 YEARS OLD OF AGE

After the approval of your MM2H application, you are required to place MYR 150,000 as fixed deposit in Malaysia  

 After a period of 1 year, participant can withdraw up to MYR 50,000 for approved expenses relating to house purchase, education for children in Malaysia and medical purposes. Participant must maintain a minimum balance of MYR 100,000 from the second year on wards and throughout his/her stay in Malaysia under this programme