Property in Malaysia for sale and rent | Buy, Rent and sell real estate and homes

Salaams Aamir

Thanks for the kind words.

MM2H will probably be too restrictive. You could set up your own business and get a work permit for it, or just apply for a job with another company. Getting a job with a work permit would only likely be possible if you go for a relatively senior position.

Asim

ish, how long will it take to get MM2H? is there any way of speeding it all up?

andrew page

thank you for your question/query. please read below for my reply.

MM2H guidelines stipulate a commitment that you will receive a prompt response in 10-12 wks from the date of application made. this process cannot be hastened. also do bear in mind that the response you get could be a conditional approval or rejection letter or further request for information.

however once approval is given the speed at which the permit is processed is dependent on applicant being present here in malaysia and thus sorting out FD, bank account, TT monies, medical report, medical insurance. if all these tasks are performed reasonably quickly then immigration will only take another few hours. all this can be done in a few days or slightly longer if bank has not processed your account. but ideally you should open an account with the bank before you come to malaysia. if you are a HSBC customer abroad you can open an account from your home country otherwise opening an account locally can take a few days.

my local partner and i are in the process of being the official agent for MM2H permits. i can assure you that we will endeavour to be efficient and most importantly effective in the whole process so that our clients are completely satisfied.

our comprehensive services are listed below for all expats applying for the MM2H permit and/or other expat services.

Insurance – Medical, property, motor, life, marine etc
Medical tourism
Freight forwarding
Property investment
Property sales/rental
Business consultancy
Work permits
Company registration
JPJ services (driving licence, car reg etc)
Children’s school advice
Maid services
Foreign exchange (TT your FD)
Travel and tours

The company comes along with a wealth of experience and a team of dedicated professionals at its helm to drive quality and deliver fantastic customer service to all our valued customers and external partners.

We consider Malaysia as one of the most promising countries of the world, and therefore, concentrate efforts on developing convenient tools for the promotion of Malaysia as a whole. Also through developing a wide network of affiliated tourism operators in both sides of the globe, we will eventually offer excellent tour packages, including culture tours, adventures and outdoor activities in Malaysia.

Our company builds upon the principle \"Service above self\" and is keen to provide satisfying service to all of its customers.

ismail mussa
non-executive director; MY EXPAT (MM2H) SDN BHD

Ish Lam

What have been the recent changes? And what is the feedback of people who apply? Is it a smooth process? I've heard they are very strict on the car

Thanks

hi farin fay

it has been a while since i posted any comments but here goes.....

yes we did finally get out [color=]80]MM2H license (MM2H0282) end of last year. since then we have been very busy assisting many clients who have been wanting to reside here in malaysia under the MM2H program. we are also a licensed INBOUND Travel agent and members of [colo[/color]r=#800080]MATTA (MA3280). so we are also do bookings for hotels/flights/tours/airport transfers etc for the whole of malaysia and beyond.

many new changes this year.... below are the main points.

1. MM2H permit holders over 50 yrs old can [col[/color]or=#008000]WORK up to 20 hrs a week but need work permit through employer and only in specific industries.

2. MM2H holders can now WORK in their own business but conditions are as usual with foreigners owning max 70% share only. but can own 100% with prior application for pioneer status etc or having a foreign office etc. rules are the same as opening a general business in malaysia.

3. unmarried children up to age 21 can be under the same permit as parents.

4. [color=]008000]parents of main applicant over 60 yrs of age can be under same permit.

5. foreign spouses of Malaysian nationals are eligible to apply for MM2H.

6. Employment Pass holders who wish to participate in the MM2H programme are exempted from the “cooling off period” on the condition that their application to participate in MM2H programme is submitted 3 months before the expiry of the Employment Pass.

7. [color=]008000]ID-Cards will be issued to MM2H participants with permanent address in Malaysia. it was initially for only the main applicant but now all dependents get an I-KAD too.

8. All MM2H applicants can go to the new Immigration office at PWTC. so no need to go to putrajaya.

9. lastly, MM2H applications can be made directly BUT will need to pay a [color=]0]security bond depending on which country you are from. My advice is to go with an agent who guarantees the applicant and provides a personal bond on their behalf so no bond needs to be paid only the agent fees. MyExpatMM2H Sdn Bhd's FEES are so low that it will actually be cheaper to go through them than pay the security bond. btw that is my company but dont take my word for it check our website.... it is the most comprehensive MM2H website and with the lowest published fees.


www.MyExpatMM2H.com

i am a british expat living in malaysia for 2 yrs under the MM2H program and here to be of assistance...... a file is attached here about our MM2H agency...

ish lam

sorry farin re: your post

the procedure for importing or buying a local is the same as before. application is much faster with 4 wks response and applicants are very happy with our services.

one more important point i missed out:

FD requirement remains the same BUT over 50 yr olds can only take out R50,000 after a year for property etc and under 50 yr olds can only take out R150,000 after a year!!!! so they have tightened the FD ruling.

ish lam