When leaving is hard to do, settling here is an excellent Plan B. Many visitors find Penang’s natural beauty, warm tropical weather and easy island lifestyle hard to resist and harder still to leave. For those who have succumbed to the spell of this magical island, The Malaysia My Second Home (MM2H) Programme helps to ease the processes of emigration.
Each participant is allowed to bring in his/her own personal car OR to purchase a locally assembled car without the need to pay an import duty, excise duty or sales tax.
Malaysia has bilateral agreements for the automatic conversion of driving licences with 156 different countries.
Participants are allowed to start their own business in Malaysia as long as it is incorporated and registered with the Registrar of Companies Malaysia. Part time work is also allowable, pursuant to the fulfilling of conditions set by the Government of Malaysia.
Participants are bound by the policies, systems, and regulations of taxes of this country and they do not have exemption qualifications as granted to Diplomatic Missions in Malaysia. However, tax exemptions are given to pension remitted into Malaysia. Participants are required to obtain the endorsement from the authorities in their country of origin as to the total amount of yearly pension received. A copy of this letter has to be submitted in their application.
Each applicant is allowed to apply for one maid subject to the prevailing guidelines of the Immigration Department of Malaysia. The cost of full-time domestic help in Malaysia starts from as low as RM500 per month (approximately USD130).
Applicants are allowed to bring their children who are under 21 years old and not married as their dependants under this programme. Children who intend to continue their schooling in Malaysia are required to apply for a Student Pass and should be insured throughout their stay under this programme.
Penang, due to its sizeable expatriate population, has a wide range of international schools and educational institutions that cater to all levels from primary to tertiary schooling and beyond.
Note: These terms and conditions are regularly updated. For more accurate and extensive information on the MM2H programme, visit www.mm2h.gov.my