SARAWAK MM2H (S-MM2H) Financial Requirements for main applicant 30 years of age or above, both requirements below must be fulfilled :
| INCOME or LIQUID FUNDS REQUIREMENT | FIXED DEPOSIT REQUIREMENT |
|---|---|
|
Before Submission (income or liquid funds requirements at submission are only for application purposes & NOT required for the future) :
INCOME Show a minimum RM15,000 (couple) or RM10,000 (single) equivalent of combined average monthly income in the last 3 months (salary, pension, dividends, rental, interest etc).
OR
LIQUID FUNDS Show a minimum RM200,000 (couple) or RM100,000 (single) equivalent of combined liquid funds in the last 3 months (bank accounts, stocks, investments etc).
|
Before or after Submission (a bank account will be opened in person when in Sarawak) :
place RM500,000 fixed deposit in a bank in Malaysia, you can withdraw 50% after 1 year (T&C apply) |
Important points to consider:
- Ten (10) Years Renewable.
- Minimum 30 days stay per year in SARAWAK by main applicant spouse but can stay anywhere in MALAYSIA
- Approval may take between 4-6 Months
- Medical Insurance done before submission if in SARAWAK
- VISA fee at RM500 per person year
- RM5,000 Government processing fees
