What is the new minimum offshore income for MM2H?

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The new minimum offshore income requirement for the Malaysia My Second Home (MM2H) programme has been set at RM40,000 per month.

This revised financial stipulation represents a significant increase from the previous RM10,000 monthly income threshold. The updated conditions are designed to attract participants with higher earning capacities who can contribute more substantially to Malaysia's economy, reflecting considerations for expenses such as children's education in international schools and maintaining a lifestyle commensurate with their financial standing.
Increased Income Threshold

The monthly offshore income requirement has been raised from RM10,000 to RM40,000. This adjustment is part of a broader strategy to ensure that participants possess adequate financial capabilities, aligning with the government's objective of attracting high-income individuals to the programme.
Rationale for Higher Requirements

The enhanced income criteria take into account various living expenses associated with a comfortable lifestyle in Malaysia, including the costs of international school education for dependants. This ensures that the programme continues to attract individuals who can maintain their living standards while residing in the country.
Stricter Financial Criteria Overall

Beyond the monthly income, the MM2H programme now mandates a fixed savings account of RM1 million, a substantial rise from the previous RM150,000 or RM300,000 depending on age. Additionally, applicants must declare assets and demonstrate liquid assets amounting to at least RM1.5 million, a considerable increase from the previous RM350,000 or RM500,000 benchmarks.
Programme Rebranding and Focus

The MM2H programme, reactivated in October, has been restructured into two categories: one for individuals aged 35 to 49, and another for those aged 50 and above. The introduction of the younger age bracket aims to select participants with more stable income streams and established careers, reflecting evolving global trends and competitive programmes in neighbouring countries.

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What is the new minimum offshore income for MM2H?

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