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Requirements Premium MM2H
How do you qualify for the Premium ViP MM2H Visa? This is the complete list of requirements.

REQUIREMENTS PREMIUM VIP MM2H VISA

Income
Offshore monthly income of RM40,000.

Fixed Deposit1
RM1M.

Participation Fee
One-time RM200,0002.

LOGC
Principle applicant is required to provide a Letter of Good Conduct from the Iceland authorities, if you have a Iceland passport.

Visa Application costs
Pass fee of RM500 p.a.
One-time processing fee of RM5000 for main applicant3
One-time processing fee for MM2H agent if this route in taken, as opposed to auto-submission, which is free of charge

Medical Report
Upon approval of the application, all applicants and dependents are required to do a basic medical for the presence of any communicable diseases at any private hospital or clinic in Malaysia.

Medical Insurance
All applicants and dependents need to be medically insured by a Malaysia-based insurance company. Cost: RM600 and above, depending on age, gender, etc. Incidentally, this requirement is waived for all applicants 59 years and up.

Minimum Stay
Not applicable.

Lastly, please note that PVIP MM2H holders are expected to refrain from activities that may be considered sensitive to the Malaysia population and/or a liability to the security of Malaysia.

1Withdrawal of 50% permitted after 12 months. (Medical, Education, Home purchase)
2Additional RM100,000 per dependent
3Additional RM2,500 per dependent


Frequently Asked Questions (Click the + for the answers)

That used to be the case. However, since the start of 2024, all MM2H applications need to be submitted by a recognized MM2H agent. More details? Please submit the form at the bottom of this page.
No. The fixed deposit needs to be placed at a local bank.
Depending on the situation, after one or two years, the FD may be tapped into to the tune of 40-50% of the total FD sum, albeit solely for the purpose of housing, education or medical care.
Yes, with MM2H, you're free to buy a property. In fact, Malaysia is one of very few countries that allows foreigners, citizens of Iceland included, to buy and own property outright, even freehold property. Sure, some terms and conditions apply, but that's fair enough. Use the form below if you'd like more details on this topic.
The medical includes tests for communicable diseases, including TB, HIV, Malaria and Hepatitis. Yes, all dependents need to undergo and pass the medical. The medical can take place at any certified medical institution, as long as it's in the same jurisdiction as the MM2H application in question. In some cases, applicants that have been denied insurance eligibility, for instance on the basis of their advanced age, can have the medical waived.
Choosing the right medical insurance ensures you're appropriately covered for any medical episodes that may be encountered. As there are several companies in Malaysia, local and international, offering suitable insurance services, we recommenddoing due diligence to whittle your options down to a couple of contenders. Use the form below to let us know if you could use some suggestions.
By default, employment is not permitted whilst in Malaysia. However, MM2H holders over 50 years of age can submit a request to work part-time. Typically, this request is approved.
It typically takes roughly three months for the visa application to be processed. There are exceptions, however, since the process may involve third-party entities, including authorities located overseas.
Offshore income, including general remittances, rental income and fixed income such as dividends, FD coupon payments, are all not taxable. Any capital appreciation, both offshore and local, is also not taxed. However, locally-derived employment income is taxable. Need more details? By all means let us know with the form below.
Yes. And yes, MM2H holders are eligible for bank loans of up to 80% of the value of the property. More details? Please submit the form at the bottom of this page.
You'll need to present a letter by your government/employer as well as 3/6 months' worth of banks statements that display the amounts in question.
Yes, a bond is payable by the MM2H applicant; the exact amount depends on the applicant's country of birth. More details? Go ahead and use the form at the bottom of this page.
Your kids need to be enrolled first, upon which you can apply for the relevant MM2H Visa.
Foreigners in Malaysia, citizens of Iceland included, are permitted to buy land for residential purposes only.
Yes, that's correct.
You can simply have your passport renewed, after which you'll be able to add the balance of your MM2H tenure at the immigration office of your MM2H's jurisdiction.
You can take your passport to the immigration office in your jurisdiction, along with all documents required, after which the renewal will be processed. More details? Please use the form below.
Your kids need to be enrolled first, upon which you can apply for the relevant MM2H Visa.
If you're application is on the basis of your kids' education, their school needs to be in the jurisdiction of the MM2H you're applying for.
Please provide documentation containing details of the medical condition in question, as verified by either a private or a government physician registered with the Malaysia Medical Council.
Yes, that's correct. Buying or renting a home is not a requirement for the Federal MM2H Visa. It may, however, be applicable for S-MM2H. For more details on this, click here.
MM2H is a risk-free program and it can be cancelled prematurely quite easily, after which any fixed deposit will be duly returned. The exact steps depend on the circumstances of the MM2H-holder, however. For the full process, please submit the form below.








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Some MM2H-related sites out there contain dated info. FYI, MM2H Iceland was last updated on

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