Malaysia’s My Second Home Program (MM2H) has successfully attracted an impressive US$200 million following its recent revamp

Malaysia’s My Second Home Program (MM2H) has proven to be a significant success following its revamp in June 2024, attracting approximately US$200 million in inflows. As reported by Tourism Minister Datuk Seri Tiong King Sing, the program recorded inflows of US$196 million by June 2025. This includes US$140 million in fixed deposits, US$55.5 million in property investments, and US$1.2 million in participation fees.

During the period from October 2024 to June 2025, the MM2H program received 3,019 applications, with a breakdown of 48 for Platinum, 137 for Gold, 2,434 for Silver, and 400 for the Special Economic and Financial Zone (SEZ/SFZ) category. Of these applications, 1,294 were approved, bringing the total number of MM2H approvals since the program began in 2002 to 59,762. The figures suggest that the program’s revamp has been a success.

The most flexible residency programs in Southeast Asia

Christina Miller, JD, Esq., Group Head of Global Business Development at COSMOS Analytica, said that the 2024 reforms, which included removing income proof requirements and lowering fixed deposit thresholds, have made My Second Home Program (MM2H) far more accessible.

The program’s new structure features tiered categories: Platinum, Gold, and Silver. Applicants must now purchase property valued at a minimum of:

1. RM600,000 (US$140,000) for Silver, 5-year duration (renewable) – Business, investment or employment activities are NOT allowed
2. RM1 million (US$234,000) for Gold, 15-year duration (renewable) – Business, investment or employment activities are not allowed
3. RM2 million (US$467,000) for Platinum, permanent residency – Business, investment or employment activities are allowed

In each case, up to half of the deposit may be withdrawn to pay for education, health care or buying a house.

In each case, the following additional terms apply:

• Minimum age: 30 years old
• Parents and in-laws can be included as dependents as long as they are over 60 years old.
• Children of the main applicant: The maximum age is 34 (as long as the child is unmarried and not working in Malaysia).

Annual physical presence:

• 60 days a year for main applicant or spouse/dependents (if main applicant aged 30-49).
• 60 days a year for main applicant and spouse (if main applicant aged 50+).

Restrictions: The visa is a residential visa, not intended for people wishing to work here, but the Platinum level is different, allowing wealthy applicants and their families to settle and work here.