Appealing tax incentives, including tax exemptions, for all foreign-sourced income of MM2H-Holders', including pension payments, rental earnings, investment profit, interest gains, dividend proceeds, as well as any inheritances and bank-to-bank remittances

Arguably, one of the MM2H Visa's top benefits is the fact that all MM2H-holders' income remitted into Malaysia from overseas is fully tax-exempt. In other words, as long as the funds in question have been derived outside Malaysia, they can be transferred into Malaysia 100% tax-free.

What's more, given the Double Taxation Agreement between Switzerland and Malaysia, all income generated or received in Switzerland gains tax-exempt status upon remitting to Malaysia by the MM2H-holder.

To invoke the double taxation agreement, MM2H-holders, whilst in Malaysia, need to apply for tax registration for the purpose of transparency. I.e. the registration ensures both countries involved are able to enact the double taxation agreement.

Incidentally, since there is no inheritance tax in Malaysia, any and all assets can be bequeathed to MM2H-holders tax-free too.

Please note that income generated in Malaysia is taxable. For example, salary earned in Malaysia—if applicable—is taxed. Also, gains from property sales are taxable also. However, most other sources of capital appreciation are exempted from tax in Malaysia.

It goes without saying that the MM2H tax exemptions are, without doubt, quite appealing indeed, particularly since most MM2H-holders' income is composed, typically exclusively, from foreign-sourced funds.

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