SarawakProjects.com Development Projects in Sarawak
S-MM2H Application Requirements:
| REGULATIONS | CONTENTS |
| ELIGIBILITY | Open to citizens of all countries that have diplomatic relation with Malaysia (except Israel and North Korea) Applicant must make a declaration of their country of origin and citizenship(s) before making an application |
| MINIMUM STAY | Invest in a residential property with minimum purchase price of Minimum 30 cumulative days per year in Sarawak. (for main applicant only) |
| FIXED DEPOSIT | Total amount of FD according to the category: RM500,000 (main applicant) FD placement mandatory in any local bank in Sarawak Allowed to withdrawal 50% of FD placement after one year in the program for the purpose buying a residential house, purchase of a car, medical and children education in Sarawak. |
| OFFSHORE INCOME | RM10,000 (Individual) per month, RM15,000 (Dependent) per month Certified copy of Pension Letter and latest 3 months pension funds/certified copy of Employment Confirmation/ OR RM100,000 (Individual), RM200,000 (Dependent) Certified copy of bank statements as proof of savings fund for the last 3 months financial statement. |
| AGE ELIGIBILITY | 30 years old and above |
| PASS DURATION | 10(5+5) years and renewable upon expiry For renewal, the existing participants are still adhered to existing requirements. After 10 years, applicant must apply as a NEW APPLICATION |
| LIQUID ASSET | Property purchase is optional for 30 years old and above. The approved participant is allowed to purchase a residential house in Sarawak with value at least RM600,000 (Kuching Division) and RM500,000 (other Divisions) subject to Land Code (Amendment)(No.2) Order 1998 & Land (Market Value of Property for Foreign Acquisition) Direction 1998 (The participant can sell their residential house after 5 years) |
| PASS RENEWAL, CHANGE OF PRINCIPAL APPLICANT AND NATIONALITY | PDRM Security Screening |
| INVOLVEMENT IN EMPLOYMENT / INVESTMENT | All S-MM2H participants are not eligible to work. – S-MM2H participants are not eligible to work full time – S-MM2H participants are only eligible to work part time in professional jobs in sectors approved by the ILMU thru MTCP – Total working hours must not exceed 20 working hours per week S-MM2H participants are allowed to be “sleeping partner” in Jointventure (JV) business with local partner in sectors approved by ILMU. S-MM2H participants must own minimum 49% of the total paid-up capital of RM250,000 (minimum). – All applications to work under S-MM2H programme must be made to the State Authority. Professional sector: Education, Banking/Securities, Manufacturing and Medical. |
| LETTER OF GOOD CONDUCT | Principal applicant and all dependent(s) |
| RESPONSIBLE AGENCIES | Ministry of Tourism, Creative Industry and Performing Arts Sarawak (MTCP) |
| ALLOWED TO BRING MAID | YES (All applicant are allowed to bring maid subject to applicant compliance of current requirement of entry for foreign maid by Immigration Department) |
| ALLOWED DEPENDENT CATEGORIES | YES |
| EDUCATION AND HEALTHCARE BENEFIT | Applicant must be covered by medical insurance for the duration of their S-MM2H pass. |
| TAX EXEMPTIONS ON FUND BROUGHTIN | YES |
| HEALTH EXAMINATION | REQUIRED |
| TRANSFER OF MM2H PASS UPON PRINCIPALS’S DEATH | NO |
| PERMANENT RESIDENCE STATUS | NONE |
Last updated: 23rd February 2025
