MM2H requirement has never change since 10 years ago and recently the government intent to increase the requirement. The changes has been mentioned by Minister of Tourism 3-4 years ago and recently there are few meetings with MM2H agents to finalize some changes.
Following are some changes that will make:
1. No more category of above 50 or below 50.
2. Liquid assets to show increase to RM 600,000 during application. Previously RM 500,000 for below 50 years old applicant; RM 350,000 for above 50 years old applicant.
3. Applicant age 60 and above no need to show monthly income.
4. Fixed deposit increase to RM 500,000. Previously RM 300,000 for below 50 years old; RM 150,000 for above 50 years old.
5. Participant allowed to withdraw RM 250,000 after 1 years with conditions.
6. Annual visa fee increase to RM 270. Previously RM 90
7. RM 1,000 application processing fee to pay to MM2H Department. Previously FOC.
8. RM 150 processing fee per transaction for immigration department. Previously FOC.
9. Tax free car revoked.
10. Spouse parents allowed to include.
11. Parents visa from extended to 12 months from previous 6 months.
At the moment no confirmation on when this new requirement will implement yet.