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MALAYSIA
: MY SECOND HOME programme is initiated, organized
and launched by the Malaysian Government to allow people
from all over the world, who fulfill certain criteria, to
stay in Malaysia for as long as possible on a social visit
pass with multiple entry visa. The Social Visit Pass is
initially for a period of 10 year and renewable.
All
approved applicants are entitled to special benefits given
by the Government for this unique programme. The benefits
include purchasing of one locally manufactured car with
duty free (i.e Proton, Toyota, Honda, Mercedes Benz and
others) OR the Importation of one car from the country of
domicile. Approved applicants are allowed to obtain bank
loan for purchasing of residential properties in Malaysia.
The minimum amount is RM250,000.00 and above.
The
Government of Malaysia welcome expatriates from all over
the world irrespective of nationality & age to stay in Malaysia.
This programme is however not a pre-condition to a Permanent
Resident (PR) status eligibility.
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