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Malaysia’s Revamped MM2H Attracts 1,300 Approvals and US$200 Million in Under a Year · IMI Podcasts

• 0:00
  SPEAKER_00: The Malaysia My Second Home, also known as MM2H program, which the government revamped in June 2024, has recorded 840 million ringgit or 196 million US dollars in inflows as of June 2025, according to Tourism Minister Datakser Tionking Singh.
• 0:19
  SPEAKER_00: This includes 597.5 million ringgit or 140 million US dollars in fixed deposits, 237 million ringgit, or 55.5 million US dollars in property investments, and 5.2 million ringgit or US dollars in other investments, 1.2 million US dollars in participation fees.
• 0:41
  SPEAKER_00: The program generated 384 million ringgit or 90 million US dollars in investments between December 2024 and June 2025.
• 0:53
  SPEAKER_00: This represents an 84% boost since December 2024.
• 0:57
  SPEAKER_00: The fixed deposit component grew from 455.8 million ringgit or 107 million US dollars in December 2024 to 597.5 million ringgit or 140 million US dollars by June 2025.
• 1:15
  SPEAKER_00: Between October 2024 and June 2025, the program received 3,019 applications, split into 48 for platinum, 137 for gold, 2,434 for silver, and 400 for the Special Economic and Financial Zone, the SEZ or SFZ category.
• 1:35
  SPEAKER_00: Among these, authorities approved 1,294 applications, bringing the total number of MM2H approvals since its 2002 inception to 59,762.
• 1:48
  SPEAKER_00: The figures suggest that the program's revamp has been a success.
• 1:51
  SPEAKER_00: The previous version had seen a sharp drop in interest after changes in 2021.
• 1:57
  SPEAKER_00: Between 2021 and 2023, MM2H approved only 1,900 applicants, compared to nearly 1,300 in just one year since the latest revamp.
• 2:09
  SPEAKER_00: Hannah Ma, group head of global business development at Globe Visa Group, said that the 2024 reforms, which included removing income proof requirements and lowering fixed deposit thresholds, have made MM2H far more accessible.
• 2:23
  SPEAKER_00: She noted that the minimum fixed deposit for the economic and financial special zone category is now 600,000 ringgit, compared to 1 million ringgit under the old rules.
• 2:33
  SPEAKER_00: She explained that this adjustment in particular has been popular, attracting many new and returning applicants.
• 2:40
  SPEAKER_00: The program's new structure features tiered categories, platinum, gold, and silver.
• 2:45
  SPEAKER_00: Applicants must now purchase property valued at a minimum of 600,000 ringgit or 140,000 US dollars for silver, 1 million ringgit, or 234,000 US dollars for gold, and 2 million ringgit or 368,000 US dollars for platinum, 467,000 US doll for platinum.
• 3:07
  SPEAKER_00: The tourism minister said the program's positive economic impact has been evident in sectors other than real estate, such as healthcare, education, and insurance.
• 3:15
  SPEAKER_00: He did not provide a detailed breakdown as to how, but it appears he's referring to MM2H participants enrolling in private schools, accessing private healthcare services, and purchasing local insurance policies.
• 3:28
  SPEAKER_00: Ma pointed out that MM2H is one of the most flexible residency programs in Southeast Asia, as it has a straightforward application process and requires no donation or business investment.
• 3:40
  SPEAKER_00: Applicants' ability to include three generations under one visa, she added, offers a unique value proposition, lauding the program for easing requirements, while many other Asian countries are tightening theirs, making MM2H highly accessible compared to peer programs.
• 3:58
  SPEAKER_00: This episode first appeared as an article by Mustafa Daily on IMIDaily.com.
• 4:03
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