What are the latest requirements for Malaysia's second home project?
Malaysia is a country that many China people are very familiar with. Many people travel abroad. This family is the first stop for many people to travel abroad. A large number of China people live and do business in Malaysia. In recent years, a large number of applicants have obtained Malaysian residence status through their second residence. The latest requirements for visas include:
1. The principal applicant is at least 2 1 year old;
2. The principal applicant has no criminal record;
3.2 1-50 years old: deposit RM 300,000, half of which can be used for house purchase, education and medical care after one year;
4.50 years old or above: the deposit is RM 654.38+RM 5,000. After one year, RM 50,000 can be withdrawn for house purchase, education and medical treatment. It can be seen that the second family project in Malaysia has low requirements for applicants. Obtaining identity is relatively easy, and applicants have no financial pressure.
Are there any changes in the application conditions for second residence in Malaysia?
In fact, the second family project in Malaysia has not changed much over the years, especially in terms of policy conditions. However, due to the interest disputes of various departments in Malaysia, the policy has been put on hold for a long time and has never been reopened. However, according to the latest statement of the official organization at the press conference, the second family project in Malaysia may be restarted soon. Details include:
1. The Malaysian government invited KPMG Management and Risk Consulting Company to conduct a comprehensive evaluation of the second family plan, and launched two new plans: retirement plan and investment residence plan.
2. The restart of the second child plan is already under discussion, just waiting for the opinions of all departments to be unified. To put it bluntly, the current plan makes the interests of various departments unclear, so it is still controversial and needs further unification.
What are the advantages of Malaysia's second home project?
The visa came from 1996. Before 2002, Malaysia's second family plan was to allow only retirees to apply for pension visas. After 2002, the age of application was extended to 2 1 year. Before the policy was suspended, a large number of applicants were approved every year, which has basically become one of the most popular residence visa programs in the market. The main advantages of this project include:
1, the threshold and price are very low.
The second company has no requirements for the applicant's education and language. If the applicant is under 50 years old, he only needs to deposit RM 300,000. If he is over 50 years old, he only needs to deposit RM 654.38+0.5 million. And after one year of deposit, the applicant can also withdraw the corresponding proportion of funds for medical treatment or children's education in Malaysia.
2. Permanent update
Although Malaysia's family visa is valid for only ten years, the applicant can renew it after it expires, which is equivalent to a life-long residence visa.
It can be seen that the second family project in Malaysia has low requirements for applicants and the policy has not changed much. The day of restart is coming. Applicants who are willing can also make preparations in advance.
These are the latest requirements of the second company in Malaysia. What are the requirements? Is there any change? What are the advantages of Malaysia's second home project? ), you can apply for Malaysia if you understand these conditions. I hope you can know how to apply for Malaysia after reading our answer.