Malaysia’s Revamped MM2H Program Approves 1,300 Applicants

Malaysia’s updated Malaysia My Second Home (MM2H) program has approved 1,294 applications and generated RM840 million (US$196 million) in inflows between June 2024 and June 2025.

The inflows include RM597.5 million in fixed deposits, RM237 million in property purchases, and RM5.2 million in participation fees.

The program’s reforms, introduced in June 2024, removed income proof requirements and lowered deposit thresholds, leading to an 84% boost in inflows since December 2024.

Breakdown of Applications and Categories

Between October 2024 and June 2025, authorities received 3,019 applications:

• 48 for Platinum
• 137 for Gold
• 2,434 for Silver
• 400 for the Special Economic and Financial Zone (SEZ/SFZ) category

Economic and Market Impact

The Ministry of Tourism reports that MM2H’s benefits extend beyond property sales, contributing to sectors such as healthcare, education, and insurance through increased participation by foreign residents.

Since its inception in 2002, MM2H has issued 59,762 approvals. The recent surge contrasts sharply with 2021–2023, when only 1,900 approvals were granted following earlier rule changes.

Industry experts say the 2024 reforms have made MM2H one of the most accessible residency options in Southeast Asia, particularly with its allowance for up to three generations to be included under one visa.