Hi guys, there's some updates to the S-MM2H eligibility criteria: Over 50s can provide proof of savings if they do not meet the income requirement. Also the 30-49 age group has been lumped together into one category. See more here: th-cam.com/users/shortsnoFOEySrGCo?feature=share
So if you are aged 30 to 49 yeaes old you have to do 1 of the following: Purchase a house worth at least 600K MYR, having children under the age of 21 enrolled in a school in Sarawak, or undergoing long term medical care in Sarawak. For me that means MM2H is cheaper than S-MM2H, thats a pity about having to purchase property! Great detailed and concise info thanks for sharing
A hypothetical question: let's say you did the 5 years + 5 years extension for MM2H silver or S-MM2H, what happens after the 10 years are up? Would you only be able to return to Malaysia on a tourist visa? Or could you go do a 6-12 month stay in another country (Philippines, Thailand, etc.) as a "reset" then return to Malaysia and apply for MM2H or S-MM2H again? I know the gold and platinum MM2H plans offer longer periods (with a much more substantial bank deposit). I suppose you could do 10 years with S-MM2H and then 10 years under MM2H providing the revised requirements for the latter are within your reach.
Hello from canaries island.if i bye a house in filipinas will a get a permanently residence to stay for ever ? Is that right?do i must start a bisness o just buy a house more than 75000 € ?
Hi Franck, the SIRV visa is for purchase of stocks in a company only, it gives you a renewable residency permit. There is a new visa that leads to PR and citizenship called the FIV visa.
Are Sarawak S-MM2H agencies also waiting for reviews and renewed licenses like the MM2H agencies on West Malaysia? Will this slow down the Sarawak MM2H program, too?
For people who are 50 years, you said you need to show 7000 Ringgits per month. Is this working salary, or can it be money in a bank account or rental property?
The only thing that trips us up with Malaysia is the income 😞...We could put money into a bank but as I understand, you need to prove income AND deposit money into a Malaysian bank, not one or the other like someone else told us.
@@gothops2632 Instead of overseas income - 50,000MYR single and 100,000MYR couple. Obviously, you also still need to deposit the 150,000MYR single and 300,000MYR couple is a Malaysian bank.
@@gothops2632 50,000MYR single and 100,000MYR couples in savings plus the usual deposit requirement placed in a Malaysian bank - ideally best to contact a SMM2H agency like Aramaz in Kuching.
Technically you can under the current rules. However this wouldn't be practical for the under 50s category, as your property/medical/school would have to be located in Sarawak.
@@offshoreinasiaWhat do you mean by 'technically'? I am well over 50 and willing to fill all the requirements of the Sarawak program provided I can live the rest of the year in West Malaysia. Have you had any corroboration or clarification on this issue?
@@leopoldbourne8444 I would certainly NOT reside in KL with an SMM2H visa. You may not be caught out today or tomorrow but sometime soon immigration will look at your movements/spending etc. Rule can be tightened and probably will.
I am noting your remark about participants in the Sarawak MM2H being allowed to live in West Malaysia so long as the 30 day Sarawak residence is fulfilled. Have attempted to confirm this online from every Malaysian outfit which is posting information online. None of them will answer this question.
Hi Ivan, technically you can live in West Malaysia but you still have to spend at least 30 days in Sarawak each year. Although I wouldn't be surprised if this was tightened up in the future.
Hi guys, there's some updates to the S-MM2H eligibility criteria: Over 50s can provide proof of savings if they do not meet the income requirement. Also the 30-49 age group has been lumped together into one category.
See more here: th-cam.com/users/shortsnoFOEySrGCo?feature=share
What is the other way round? You proof the income, but don't hit the savings criteria? I heard this is possible, too?
@@Maria68Maria68 You can provide proof of bank savings of RM 50,000. Or RM 100,000 for couples.
Very Clear and easy to understand description. Thanks You.
So if you are aged 30 to 49 yeaes old you have to do 1 of the following: Purchase a house worth at least 600K MYR, having children under the age of 21 enrolled in a school in Sarawak, or undergoing long term medical care in Sarawak. For me that means MM2H is cheaper than S-MM2H, thats a pity about having to purchase property! Great detailed and concise info thanks for sharing
Well done digger, excellent clarity
Thanks 👍
@@offshoreinasia I reckon they're gonna be busier with all the Thailand tax uncertainty
Informative video👍🏼
Thanks for the video, just wondering have any of the requirements changed?
Get in touch here for the latest info: offshoreinasia.com/contact/
G'day Azza!
A hypothetical question: let's say you did the 5 years + 5 years extension for MM2H silver or S-MM2H, what happens after the 10 years are up? Would you only be able to return to Malaysia on a tourist visa? Or could you go do a 6-12 month stay in another country (Philippines, Thailand, etc.) as a "reset" then return to Malaysia and apply for MM2H or S-MM2H again? I know the gold and platinum MM2H plans offer longer periods (with a much more substantial bank deposit). I suppose you could do 10 years with S-MM2H and then 10 years under MM2H providing the revised requirements for the latter are within your reach.
Ten years is an extremely long time in Malaysian politics. Who even knows if the MM2H social passes will still be available?
Hello from canaries island.if i bye a house in filipinas will a get a permanently residence to stay for ever ? Is that right?do i must start a bisness o just buy a house more than 75000 € ?
Hi Franck, the SIRV visa is for purchase of stocks in a company only, it gives you a renewable residency permit. There is a new visa that leads to PR and citizenship called the FIV visa.
Can you share info or direct folks to a comparison of Sarawack and Sabah? Thanks in advance.
Are Sarawak S-MM2H agencies also waiting for reviews and renewed licenses like the MM2H agencies on West Malaysia? Will this slow down the Sarawak MM2H program, too?
For people who are 50 years, you said you need to show 7000 Ringgits per month. Is this working salary, or can it be money in a bank account or rental property?
Hi Rickey, it should be pension or investment income.
The only thing that trips us up with Malaysia is the income 😞...We could put money into a bank but as I understand, you need to prove income AND deposit money into a Malaysian bank, not one or the other like someone else told us.
@@tinglestingles That's great news!... Thanks for the reply 👍
@@tinglestingles How much savings do you need to have to be granted the visa?
@@gothops2632 Instead of overseas income - 50,000MYR single and 100,000MYR couple. Obviously, you also still need to deposit the 150,000MYR single and 300,000MYR couple is a Malaysian bank.
@@gothops2632 50,000MYR single and 100,000MYR couples in savings plus the usual deposit requirement placed in a Malaysian bank - ideally best to contact a SMM2H agency like Aramaz in Kuching.
@@gothops2632 50,000MYR per person - but the approval panel look at each application on merit.
2:30 Wait, wait, wait so you could vacation in Sarawak for 30 days/year and live full time in KL under the Sarawak MM2H?
Technically you can under the current rules. However this wouldn't be practical for the under 50s category, as your property/medical/school would have to be located in Sarawak.
@@offshoreinasia Buy property in Sarawat, rent it out and rent in KL?
@@offshoreinasiaWhat do you mean by 'technically'? I am well over 50 and willing to fill all the requirements of the Sarawak program provided I can live the rest of the year in West Malaysia. Have you had any corroboration or clarification on this issue?
@@leopoldbourne8444 I would certainly NOT reside in KL with an SMM2H visa. You may not be caught out today or tomorrow but sometime soon immigration will look at your movements/spending etc. Rule can be tightened and probably will.
I am noting your remark about participants in the Sarawak MM2H being allowed to live in West Malaysia so long as the 30 day Sarawak residence is fulfilled. Have attempted to confirm this online from every Malaysian outfit which is posting information online. None of them will answer this question.
I'm not surprised they do not answer.
on the 30 days you have to stay can it be broken into 2 15 days visits ?
I think continuous days
Can be broken into many visits.
Can S MM2H upgrade to full fledge MM2H in future by keep on depositing in installments?
You would have to apply for each program separately.
does the s-mm2h give me the " right" to live anywhere ( east or west malaysia) ?
Hi Ivan, technically you can live in West Malaysia but you still have to spend at least 30 days in Sarawak each year. Although I wouldn't be surprised if this was tightened up in the future.
MM2H really popular? I’m glad I still hold the Malaysian citizenship I an come n go anytime save the hustle indeed .
Definitely s-mm2h is better