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Malaysia MM2H Brand New Visa Option (Malaysia My Second Home)

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Malaysia MM2H Visa Option (BRAND NEW)
How to Survive & Thrive in the 21st Century 👉 guide.nomadeli...
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Malaysia My Second Home (MM2H) just launched a brand new visa option for expats looking to invest in Johor Bahru, Malaysia's most southern city. Since it's launch in 2002, tens of thousands of expats have chosen Malaysia's MM2H, and have made Malaysia their home.
0:00 Start
0:20 MM2H History
1:24 Platinum Pass
3:50 Gold Pass
4:42 Silver Pass
5:53 MM2H in SEZ
8:09 Considerations
10:02 Alternatives
Nomad Elite is a cutting-edge, high-tech relocation agency based in Texas, United States of America.
Nomad Elite helps middle class expats and nomad obtain second residency and dual citizenship in Latin America and Europe.
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Опубликовано:

17 авг 2024

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Комментарии : 73

@stephenlee9553 Месяц назад

Buying a depreciating real property while locking up your capital in Ringgit creates a twofold financial disadvantage. This scenario significantly inflates the actual cost of the visa beyond its apparent price tag.

@carlosmartins8771 Месяц назад

they need a 50+ yr old retiree visa.... they should bring back the old visa for retirees

@NomadElite Месяц назад

What are the odds for this to happen?

@tari2203 Месяц назад

It's crazy...buy home but they don't offer PR to citizenship. I will never buy home to a country that do not offer me PR.

@NomadElite Месяц назад

Totally agree with you.

@calvyncraven1141 Месяц назад

Your lost

@Diogenes515 Месяц назад

These requirements seem to me onerous compared to those in the neighbouring countries of Thailand or the Philippines.

@NomadElite Месяц назад

Which is your favorite Asean country?

@prasenjitdey4222 27 дней назад

My knowledge on Investor Visa has grown in leaps & bounds after I have subscribed to your channel sir. Thanks a "Million" $$$ 🙏

@NomadElite 27 дней назад

Thank you for your feedback on Nomad Elite's content.

@shaduwy Месяц назад

All this money just for temporary residency and a property which later can’t shift. No thanks Malaysia, I’ll go and live in the Philippians

@NomadElite Месяц назад

Thanks for letting us know.

@swimlah Месяц назад

Waiting for the definitions of SEZ, just want somewhere nearer to SG w/o sinking too much monies.

@lyfeiswhatyoumakeit Месяц назад

All tiers require you to purchase property? Or is that the minimum IF you choose to purchase property?

@jackbaldwin3649 11 дней назад

This is very helpful! I am retired and over 50yrs. I'm considering the Silver pass Do you have 1 year to purchase a property since you must wait one year to partially withdraw from your fixed deposit? If I apply for the SEZ pass, is there a minimum amount of time I must live Johor Bahru? Thank you!

@haldepet12 Месяц назад

I am still confused about the information about the property. Before the rule was, that you must maintain the bank deposit for 1 year, before you can withdraw half of it to buy a property. The fixed income was compulsory, the real estate optional. What about the new? Do you need to do both, the bank deposit and buy the property? Or can you choose between bank deposit and buying property, whichever you like more? Or is the bank deposit still compulsory and the property only an option to withdraw half of the bank deposit?

@paulinefriend9455 Месяц назад

I was searching for an answer for it too.

@KRZ-786 Месяц назад

you have to do both but you can take 50% of the bank deposit and use it towards the purchase of the property and some agents say that you don't need to wait for 1 year to take out the 50% of the bank deposit.

@InternationalBigshot Месяц назад

Interest rates on FDs are not good, not by any stretch of the imagination. Also, there are several special economic zones and 1 special financial zone in Malaysia. Johor is the only SEZ I hear anyone talking about though. Probably because there is a huge property overhang there (Forest City/Iskandar Malaysia) that the government wants to enlist foreign buyers to help clear. The other zones (northern corridor, east coast) are eligible but no one in their right mind would unload RM1 million on a house in Terengganu. It would be financial suicide. The special financial zone is in Byan Lepas (Penang) but that's an industrial zone, I'm not sure it would qualify for MM2H purchases.

@fazbell Месяц назад

Terms are STILL unreasonable. No one but millionaires will be interested in this plan. Why not retire in the south of France or other expensive countries? Malaysia, like Thailand, thinks it can ask any amount of cash and western dolts will just cough it up, They forgot to ask for a PONY, as well.

@NomadElite Месяц назад

LOL I'm with you! Expats should keep living on tourist visas but don't invest serious money there. Their flip-flop visa policies have caused chronic anxiety.

@scottfree993 Месяц назад

@@NomadElitenot to mention the nasty taxes coming up in the next couple of years on foreign income

@xiaomashitu Месяц назад

Welcome To Invest in Malaysia 🎉

@paulinefriend9455 Месяц назад

Can anyone guess what will be the minimum price for an apartment in Johor Bahru to qualify for SEZ Pass?

@Anonymous-ym8gr Месяц назад

In Johor, foreigners are restricted to property purchases of Ringgit 1 Million or more only.

@keangwooichoo6138 Месяц назад

I see

@davidk1415 Месяц назад

Whether it's the platinum pass, gold pass or silver pass, I'll pass on these passes.

@NomadElite Месяц назад

Where would you take your money?

@davidk1415 Месяц назад

@@NomadElite I don't like to stay in a place for a long period of time. I'd rather visit a country or a place for short duration and if I like it, I'd go back often. I like Penang but I don't like to spend more than two months on each visit. So, to answer your question, I would not spend money to obtain temporary residency of another country.

@keangwooichoo6138 Месяц назад

Borneo would be better than or similar to the special economic zone.

@NomadElite Месяц назад

Sarawak is the best place in Malaysia.

@keangwooichoo6138 Месяц назад

@NomadElite sabah is a strong contender as it has far more beautiful islands and wildlife than sarawak.

@jackbaldwin3649 11 дней назад

@@NomadElite Have you been to Sarawak? Is it much different than Western Malaysia?

@valentinorossi7771 Месяц назад

As the name implies,MM2H is a retirement visa. Typical people retires at say 55 to 65.The fact that now people under 35 years old can apply shows that it is more like a commercial visa as the intention is mainly to sell overhang properties and very little to attract retirees. COMMON SENSE.

@alex-lu8mi Месяц назад

Lots of younger generation male their income online now. So its a good way to attract more money in the economy

@miqsirajuddin5378 Месяц назад

You missed the real estate requisites.

@jonasm9096 Месяц назад

You are right, it's getting more confusing with these kind of videos about Malaysia. There's a permanent residency option through property investment plus some monthly income to be eligible for a PR, not sure if that's still in place.

@areyoukiddingme9299 Месяц назад

What about 50plus age? Do they follow same rules?

@IsmailHamadFCCA 11 дней назад

Can one member of the family stay 90 days and, by doing so, satisfy the requirement of the remaining members? For example, my wife and the children, but not me.

@emptybuddha5308 Месяц назад

A shadow of its former self. Not worth it…

@NomadElite Месяц назад

What a great statement. I couldn't agree more. It takes a lifetime to create a reputation, and only a second to destroy it. The latter happened during the past administration.

@elainev670 Месяц назад

@@NomadElite I beg to differ. It's not the past administration. Even the current administration is tarnishing this programme. If it's only the fault of the past administration, as a current govt with a parliament majority, why make this half hearted revision that is so unattractive? I mean, yes Malaysia is good for living an all but it's ridiculous to expect ppl to not set up companies. And the requirement for buying properties is completely disingenuous!!! Can foreigner buy a rm 600k property in KL or Selangor or Penang? I mean, at least tell the foreigners the truth or ask them to refer to the state authorities. Foreigners can't buy properties that are less than rm 1 mil in these states...

@NomadElite Месяц назад

Don't invest in Malaysia, unless you're very wealthy and don't care about what's going to happen to your investment. It will be hard to sell the property.

@user-pc4wb6md6p Месяц назад

PH has the most generous immi pkg & Filipinos are the nicest ppl group in the world, fyi im not Filipino n im not paid to sing them high praise, juz my truly sincere opinion,❤❤

@NomadElite Месяц назад

The Philippines has been the most consistent country for sure.

@ZulfiqurChowdhury Месяц назад

With second home program can do any business?

@babibrain Месяц назад

This is a good move from Malaysia to introduce MM2H to allow foreigners to buy property above RM600k. For those who truly want to live in Malaysia, getting a property is a wise move. So now MM2H is not for those who are not planning to live in Malaysia for long term

@valentinorossi7771 Месяц назад

I think you need inspect yourself before posting your comment. You buy a property, then after 10 years MM2H program no longer exist and your visa runs out. You must leave the country. So it is time to sell it and to sell any property in a hurry means dropping the price to 40 cents to the dollar.

@babibrain Месяц назад

@@valentinorossi7771 don't worry, the MM2H will continue to exists. The MM2H community living in Malaysia is huge. Malaysia government always listen to feedbacks. For example, previously changes in MM2H causes existing MM2H holders worried, Malaysia government listen and announce new rules didn't apply to them. Malaysia is full of nice people and friendly to foreigners. There are a lot of MM2H bought property in Malaysia and they love it

@valentinorossi7771 Месяц назад

use your brain. How can foreigners live in Malaysia once the visa expires?

@hayafaridi5192 Месяц назад

With the mm2h visa one cannot work in malaysia as employee but can open a business in malaysia? Or not ?

@sammalik128 Месяц назад

I really like Malaysia but I would never pay money for a temporary visa. People should just save their money and invest it wisely and look for retirement elsewhere.

@NomadElite Месяц назад

Where would you rather move to?

@kibwengoientombe5556 Месяц назад

IS MALAYSIA SO SPECIAL TO PAY ALL THAT MONEY? WITH THAT MONEY,I STAY HERE IN AUSTRALIA 🇦🇺...AUSTRALIA IS BETTER

@boink800 Месяц назад

There are plenty of empty flats in Forest City near Johor. Ha, ha, ha, ha, ha, h

@NomadElite Месяц назад

Empty apartment buildings are all too common in Southeast Asia. The mainlanders have been moving their black money down south for decades. Getting it out of the mainland is the top priority.

@AdamSoreg Месяц назад

What could Malaysia offer that close alternatives like Cambodia, Vietnam or the Philippines cannot? Their residence program, even after the recent changes, remains ridiculously expensive (at least in the eyes of someone like myself, who was born and raised in Eastern Europe). One can stay, live and do business in Cambodia by paying a $285 fee once in a year. The Philippines has a very attractive scheme too if you are over 35 years old. All you need to do is to deposit $20k to a govt-approved bank account, and collect your long-term visa. No proof of income or property investment needed. I know less about Vietnam, but it seems almost as easy as Cambodia.

@NomadElite Месяц назад

Real residency is hard to come by in Southeast Asia..

@paulinefriend9455 Месяц назад

Adam, you can not compare Malaysia to Cambodia or Vietnam: I couldn't find any kind of antibiotic in Cambodia and Vietnam does not even have Retirement Visa. And, you have to know the local languages in both countries, if not you will be suffering...

@user-pc4wb6md6p Месяц назад

Agree on PH, and they allowed USD 6k tax free personal household effect importation (if im not mistaken), try that in Msia,😂😂

@AdamSoreg Месяц назад

You'll almost certainly get superior medical attention and a better healthcare system in Malaysia, compared to Cambodia or PH. That must be true. However, everything depends on your personal needs and overall health condition. Knowing the basics of the local language is a must IMHO in any place where you wish to stay long-term. So I'd never write off the other options besides Malaysia for retirement (even if I am relatively young, my gut feelings and limited experience tell me this).

@ricedrown День назад

I came across a post from a 52 years old American has been retiring in Vietnam and now he wants to leave because it's not livable according to him. He visited Malaysia after that and he fell in love with the country so he wants to move to Malaysia

@paulinefriend9455 Месяц назад

MM2H will sink with the Property Purchasing condition!

@secrets.295 Месяц назад

Omg u r back doing Malaysia video. I almost feel sorry for you on your last video and the slaughter u get. 😅

@NomadElite Месяц назад

😁 Thank you. Can never get it right for everyone. People will complaint for all kinds of reasons. If you're too positive, like in this one, they'll criticize you for it. That's modern day society.

@ZulfiqurChowdhury Месяц назад

No one deposit 1,mil in a third world country.With half of the investment can get easily European PR Malaysia will never give you even PR.