Tuesday, 3 April 2012

Malaysia My Second Home (MM2H) Statistic

Web: www.mm2h.gov.my
-Ministry of Tourism, Malaysia

1 comment:

  1. MM2H Residence14 May 2013 at 20:59

    Qualifying criteria

    1. Income of RM 10,000-00 per month.

    2. Liquid Assets of RM 350,000-00 (if 50 years OR older) OR RM 500,000 (if below 50 years of age).

    3. Intention to make a fixed deposit in a Malaysian bank of RM 150,000 (if 50 years OR older) OR RM 300,000 (if below 50 years of age).


    Advantages

    • 10-year Visit Pass and Multiple-Entry Visa, which is renewable every ten years and it means eventually it will give you a lifetime easy access to the country.

    • Tax free Importing OR purchasing of a new car plus other tax incentives.

    • Other tax benefits include, no tax on any income derive outside of the country.


    • There is no inheritance tax and no capital gains tax on assets other than property. There is also no VAT, but there is a Government Sales Tax (GST) of five percent on hotel and restaurant bills and on professional bills such as lawyers' fees.

    • Benefit of owning business and investing in Malaysia.

    • Affordable luxury lifestyle at a comparatively low cost.

    • Above all, you will retain your citizenship and all its privileges in your own country.

    • No restriction of number of days to stay in Malaysia and you can travel back and forth, as much as you want.

    • Medical insurance policy is affordable.
    For More Details : info@sunenterprises.ca

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