HK migration to Malaysia : MM2H

HK migration to Malaysia : MM2H

Is it easy for Hong Kongers to migrate to Malaysia? What are the options and procedures for immigrating to Malaysia? Here are some of the tips for Hong Kong who wants to invest in Malaysia via property investments in Malaysia or MM2H.
Malaysia My Second Home (MM2H) Programme
MM2H visit pass which has a validity of up to 10 years, and it is renewable upon fulfillment of the renewal requirements when it expires.
This is not a Permanent Residence (PR) Permit nor does it lead towards you getting a PR eventually. You will simply possess a Social Visit Pass with multiple entries and exit under the MM2H program.
Who is eligible to apply for the MM2H programme?
· You are allowed to bring your spouse, unmarried children under the age of 21 and your parents.
· You can apply for a maid service during your stay in Malaysia.

Upon Application – MM2H Financial Requirements

Applicants under 50 : liquid assets above RM500,000 and a monthly income of over RM10,000 (equivalent).

Applicants over 50 : liquid assets over RM350,000 and a monthly income over RM10,000.

Upon Approval – MM2H Fixed Deposit Requirements
i) MM2H Applicants below 50 years old:
  • RM300,000 Fixed Deposit in a Malaysia bank account
  • After one year, can withdraw up to RM150,000 for the purchase of house, medical insurance or child’s education expenses
  • Maintain a minimum balance of RM150,000 from second year onwards and throughout stay in Malaysia under this programme.

ii) MM2H Applicants aged 50 years and above:
  • RM150,000 Fixed Deposit in a Malaysia bank account
  • After one year, can withdraw up to RM50,000 for purchase of house, medical insurance or child’s education expenses.
  • Maintain a minimum balance of RM100,000 throughout their stay in Malaysia under this programme.

Employment /Business Investment Rules for MM2H
MM2H visa holders are not allowed to work, except those aged 50 years old and above can work part time (for up to 20 hours a week). This is applicable to visa holders who have specialised skills in certain approved sectors.
They can set up and invest in businesses in Malaysia without being actively involved in the day to day operations the business (which will require them to switch their visa to a work permit).

Dependents
Applicants are allowed to bring along their dependants (children below 21 years of age, step children, disabled children, and parents) under their MM2H visa. Older dependent children will need to apply a separate visa. Dependants schooling in Malaysia will need to apply for a Student Pass.

House Purchase
Each participant is allowed to purchase an unlimited number of residences above the minimal applicable price set for foreigners buying property in the State where they make the purchase. In Wilayah Persekutuan, the minimum price is RM1,000,000, Selangor the minimum price is RM2,000,000 and some States, like Penang, have lower minimums for MM2H. All purchases must be approved by the State authorities.

Taxes
Successful applicants are subject to Malaysian taxes on income sourced from Malaysia but income from overseas is not taxable. There are also many foreigners who are still working overseas eg in Hong Kong but family resides in Malaysia, thus they fly between the 2 locations and would not have to pay Malaysia income taxes.

Security Vetting – Letter of Good Conduct
Approvals are given subject to security vetting clearance by the Royal Malaysian Police. Applicants will also have to show a police clearance certificate (letter of Good Conduct) from their home country to show they do not possess a criminal record.

MM2H Approval Rate
The approval for MM2H applications is under the jurisdiction of the Ministry of Home Affairs (MOHA). From 2002 to August 2017, the MM2H programme has approved about 36,000 MM2H visas.

Get Hong Kong migration to Malaysia by buying property in Malaysia or via MM2H agent, contact us today

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28Mall.com Merdeka Offer 2019

Merdeka RM31 Deals

Offers from now till Sep 2

 

Remax Floppy Disk 5,000mAh Power Bank

Usual RM60

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Momax ELITE Magnetic Car Vent Mount

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Rainbow Selfie Light

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Japan Canmake Blusher

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Korea Wonjin Effect Baby Glow Cream 45ml

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Philips Avent Classic+ Baby Bottle 125ml x 2s

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France L’Action Eye Mask x 2s

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NEW Brands at 28Mall

 

Chanel Les Beiges Healthy Glow Gel Touch Foundation SPF 25 / PA ++

Usual : RM350   Now RM310

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Dyson Supersonic Hair Dryer

Usual : RM1,799   Now RM1,662

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Dyson Airwrap Styler

Usual : RM2,199   Now RM1,994

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Best Selling HK MoonCakes Pre-Order @ 28Mall.com

Best Selling HK MoonCakes Pre-Order @ 28Mall.com

Mid-Autumn Festival Pre-Order of HK MoonCakes now started on 28Mall.com and we have already started delivering the mooncakes to Ipoh, KL, Sarawak, and overseas!

Highly recommended are the limited edition Maxim HK MX The Avengers set – avengers & iron man lava custard mooncake or the MX Disney Princess musical box creamy custard mooncake

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For people who prefer them less sweet, grab the low sugar mooncakes.

For those who wants to splurge, grab the sold-out The Peninsula HK hotel custard mooncakes.

Order before 15 Aug and get the items 19 Aug onwards in Malaysia. Corporate mooncake hamper orders accepted with free delivery of West Msia. Best-selling hong kong mooncakes. Yes, we also can ship globally.

Order online at https://www.28mall.com/shop/hk_mooncakes.html or WhatsApp +6012-2328878

Have a great week!

Regards,
Fione Tan
CEO
www.28Mall.com

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28Mall Amber’s Choice July

28Mall x Amber’s Choice : Model’s Secrets to Healthy Glossy Hair

Offers and Bonus are valid during Amber’s FB live from 9pm to 10pm July 2nd, 2019. While stock lasts.

 

GA.MA Italy 4D Ozone Ionic Hair Brush – Anti-Bacterial Active Oxygen + Ionic Anti-Frizz Hair Brush

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GA.MA Italy Argan Intense Care 125ml

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Reduce radiation of iPhone, Huawei and other mobile phone brands up to 99%

Swiss startup Fazup announces today the launch of its innovative solution to drastically reduce mobile phone radiation.

According to a report on mobile phone radiation in Scientific American last March, “Cell phones and other wireless devices emit EF radiation continually, even if they are not being actively used, because they are always communicating with cell towers.”

In the same report, Jon Samet, a professor of preventive medicine and dean of the Colorado School of Public Health, said that “findings ‘confirm that RF radiation exposure has biological effects’ in rats, some of them ‘relevant to carcinogenesis.’”

Mobile phone radiation was classified by the World Health Organization as ‘possibly carcinogenic to humans’ in 2011, and there is currently no global scientific consensus on this subject. This lack of clarity and regulation, means that nothing is being done to protect mobile phone users from radiation.

Mobile Phone Radiation Patch

Now, Swiss startup Fazup has released an extra thin patch including a passive antenna that regulates and reduces the radiation emitted by the mobile phone towards the head when a call is made and towards the body when a person carries a phone on their person.

For the patch to be effective, it must be placed in a specific position for each phone model. To make this easy for users, Fazup has developed and patented a smart positioning tool included in each product kit, which helps users to install the patch to its optimal position with millimeter precision.

According to a press release, SAR (Specific Absorption Rate) is the only international standard applicable for all cell phones in the market. It quantifies the maximum amount of energy absorbed by the user’s head and the body when communicating (energy = heat).

Safe levels of SAR for head and body must be < 2W/kg. In the laboratory tests, the SAR is measured in the worst network coverage conditions, when your mobile phone works at maximum emission power.

After 13 years of research and testing, Fazup has finally achieved a practical and effective anti-radiation solution, which is scientifically proven to reduce SAR levels of mobile phone, making head and body less exposed to harmful electromagnetic waves.

Fazup delivers the average SAR reduction of 80%, increasing to 99% for certain cell phone models and frequency bands. All SAR tests were conducted by EMITECH, French COFRAC accredited laboratory (French Accreditation Committee) used by French Radiofrequency Agency (ANFR) and French Sanitary Agency (ANSES) for their SAR measurements.

After all the encouraging results obtained in the lab, the Fazup co-founders Antoine Samakh and Mathieu Samakh decided to assess the impact of the patch on the everyday life of frequent users of mobile phones.

The results showed that 85% of testers who suffered from headaches or other feelings of discomfort had seen real improvements or total disappearance of negative symptoms such as sleep disorders, tinnitus, tingling, heating of the phone / or ear, etc.

Fazup was created, because its co-founders, Antoine and Mathieu, knew that it might take many years for scientists to get to a consensus whilst there are millions of people today who are degrading their health totally unaware they are constantly overexposed to mobile radiation.

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Limited Edition Cherry Blossom SK-II Treatment Essence 230ml for 28Mall.com Mother’s Day Sale

28Mall.com Mother’s Day Sale Limited Edition Cherry Blossom SK-II Treatment Essence 230ml – Usual RM830 Now RM580

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GA.MA 5D Anti-Aging Therapy Hair Dryer & Hair Straightener for 28Mall.com Mother’s Day Sale

28Mall.com Mother’s Day Sale GA.MA 5D Anti-Aging Therapy Hair Dryer & Hair Straightener (FREE 4D Ionic Ozone Hair Brush worth RM298) – Usual RM1,620 Now RM958

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Sulwhasoo Perfecting Cushion Limited Edition for 28Mall.com Mother’s Day Sale

28Mall.com Mother’s Day Sale Sulwhasoo Perfecting Cushion Limited Edition – Usual RM230 Now RM188

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