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S-MM2H Requirements

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SARAWAK MM2H (S-MM2H) PROGFinancial Requirements for main applicant above 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 RM10,000 (couple) or RM7,000 (single) equivalent of combined average monthly income in the last 6 months (salary, pension, dividends, rental, interest etc).
or

LIQUID FUNDS

Show a minimum RM100,000 (couple) or RM50,000 (single) equivalent of combined liquid funds in the last 6 months (bank accounts, stocks, investments, pensions etc).

 

Before Submission (a bank account will be opened in person when in Sarawak) :

place RM300,000 (couple) or RM150,000 (single) fixed deposit in a bank in Malaysia, you can withdraw 40% after 1 year (T&C apply).
No income requirement

AND

Additional requirements for aged below 50:

For aged 40-49 years old – Either investment in property (RM600,000 in Kuching, RM500,000 in other areas) OR have children enrolled in an educational institution in Sarawak.
For aged 30-39 years old – Must have children enrolled in an educational institution in Sarawak.

Important points to consider:

  • If outside MALAYSIA then you can only apply under income only category
  • 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
  • No Government processing fees

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