Malaysia My Second Home (MM2H) program was conceived by the Malaysian Government to allow foreign citizens (with spouse and children) to stay in Malaysia for an extended period of time. Participants under this program will be given renewable 5-year multiple-entry Social Visit Passes.
Penang is a good place stay. Click on the links (on the left frame) to find out the reasons for joining this program
Contact us via e-mail or phone and our consultants will answer your questions and guide you through the application process.
Current Time, Weather & Exchange Rate
Current time in Penang / Kuala Lumpur from www.timeanddate.com
Current weather in Penang from www.weather.com
Current exchange rate for all major currencies from www.thestar.com.my
Maps of Malaysia
Map of Malaysia from www.encarta.com
Requirements For Malaysia My Second Home
ELIGIBILITY
The program is open to all foreign citizens except those from Israel and Yugoslavia). Successful participants are allowed to bring their dependants.
FINANCES / INCOME
Applicants above 50 years old (individual)
Fixed deposit of RM100,000 OR monthly income of RM7,000
Applicants above 50 years old (with spouse)
Fixed deposit of RM150,000 OR monthly income of RM10,000
Applicants below 50 years old (individual)
Fixed deposit of RM100,000 AND monthly income of RM7,000
Applicants below 50 years old (with spouse)
Fixed deposit of RM150,000 AND monthly income of RM10,000
The fixed deposit will be given the current interest rate of 4.25% per annum. Interest rate may vary. Contact us for more details.
Visa holders can bring-in their own car or acquire one in Malaysia tax-free
Visa holders are not allowed to work in Malaysia though setting up a small business is allowed.
INSURANCE COVERAGE
Medical insurance coverage by insurance companies operating in Malaysia. Applicants over 50 years old are not required to purchase medical insurance here. However, we strongly encourage them to buy.
The status of the application will be known in 30 days
Our consultants will assist you in meeting all the requirements.
Why Stay in Malaysia?
Here are some of the reasons why many foreigners have chosen Malaysia as their second home.
WEATHER
It is nice and warm throughout the year. There is rain but there are no natural disasters like typhoons, hurricanes, tornadoes or earthquakes.
COST OF LIVING
Living standard is reasonable high but the cost is low. In Penang, a monthly expenditure of RM3800 (US$1000) is enough for two people. The cost of living being low, you are assured of enjoying a good life here.
PEOPLE
Malaysians welcome foreigners. English is widely used here. The local people have no qualms about mixing with foreigners and cultural exchanges happen all the time. Many expatriates and participants of this program live in Penang.
ECONOMIC & POLITICAL STABILITY
Malaysia has a stable government. There should not be any worries about political uncertainties. Economic growth is expected to continue in the foreseeable future.
NATURE / CULTURE
Malaysia has one of the finest forests in the world. There are so many places to visit that you will never to able to finish
all of them. Malaysia (especially Penang and Malacca) is rich in culture which dates back to 1700s
SHOPPING
With a favourable exchange rate, Malaysia (especially Kuala Lumpur and Penang) is a shoppers' paradise. Bargains are everywhere. .
FACILITIES
On the whole, the road system within the country is good. The highways are well maintained. Airports are available at major cities. Communication infrastructure is good. Mobile phones services are cheap and easily available. Medical facilities are good too.
SPORTING / OUTDOOR EVENTS
Every March, Formula 1 racing starts off the grids in Sepang. Malaysia hosts lots of international sporting events. Golf
courses are plenty and affordable. Places and facilities for diving can be found here too.
FOOD
Malaysia is well known for its food. Local and non-local food is easily obtainable. Penang is famous for its hawker
fare which is cheap and tasty. Tourists and expatriates alike love the food here. It is full of flavour and rich in taste.
LOCATION
Malaysia is situated in the middle of South East Asia. It is just hours away from Thailand, India, Sri Lanka, Australia, Japan, China, Vietnam and other countries. Penang is just 45 minutes by air to KL International Airport. It is the perfect place to stay with easy access to the world. Make Penang your hub to your travels to Asia.
OTHERS
It is always good to have a long term visa to another country. You may never know when you need it. Furthermore, pension plans in developed countries in Europe and Asia are facing problems and the payout may shrink. Staying in Penang is the only way to maintain a good lifestyle.
ABOUT US
Our company "Alter Domus" means "Second Home" in Latin. It is a relocation consultancy firm based on the island state of Penang which is situated on the north western part of Peninsular Malaysia. We handle immigration matters and also specialise in the program called "Malaysia My Second Home". We have good working relationship with the Immigration Department as a retired senior Immigration Officer is one of our consultants. We believe in serving our clients well and as such we tailor our plans to suit their needs.
Being a relocation specialist, we help you move to Penang under the Malaysia My Second Home program from the time you apply to the time you settle down comfortably. Every step of the process of application is being taken care of, so you should not have any worries at all. All that is required of you is to sign the relevant documents and we will handle the application, the follow up and the bureaucracy.
There is no problem in either opening a bank account, purchasing a house/apartment, engaging good lawyers or getting interior decorators and contractors to renovate your new home. Guidance will be given at every stage and at any time. Even after you have settled down and assistance is required pertaining to health or house, we are at your service. One can get very good medical services and healthcare here. Once your application is approved, we will help you prepare and follow up on your tax-free car purchase.
In short, we will make sure your stay in Penang is comfortable and memorable. We would like to have a good and lasting relationship with our clients. We hope that you will join our group of foreigners who have made Penang their second home.
OUR SERVICES
We provide solutions for all immigration matters including application for Malaysia My Second Home program. Our concept of a one-stop center for this program is not new but we make it different by offering clients
* In-depth knowledge on immigration matters and Malaysia My Second Home Program
* Application for the 5-year visa under Malaysia My Second Home program
* Assistance on finding real estate, education, etc.
* No bureaucracy in dealing with us.
* The comfort of "We will be there when you need us" during the application period.
You can contact us through e-mail or telephone.
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In order to provide you information and prompt reply, please furnish us the following information :
1. Age (you and your spouse)
2. Citizenship (you and your spouse)
3. Children accompanying ?
4. Age of children and their educational needs.
5. Have you been to Penang ?
6. Do you have any plans of visiting Penang in the near future?
7. When you plan to apply to join this program (month/year)?
8. Are you working or retired?
Write to us with all the information and we will reply within 12 hours
CONTACT
Mobile phone
Ms. Roselind Moey +60 (12) 486-8966
Ms Carol Koay +60 (12) 402-9000
E-Mails
roselindmoey@penangmyhome.com
roselindmoey@gmail.com
info@penangmyhome.com
We believe in bringing you the latest information that is happening in Penang or Malaysia and we are not the site dedicated to bring the best information. Here are some of the links that we recommend. We do not control or endorse these external websites. They will open in new windows
Introduction to Malaysia by the Government of Malaysia (Tourism Board)
1. Age (you and your spouse)
2. Citizenship (you and your spouse)
3. Children accompanying ?
4. Age of children and their educational needs.
5. Have you been to Penang ?
6. Do you have any plans of visiting Penang in the near future?
7. When you plan to apply to join this program (month/year)?
8. Are you working or retired?
Write to us with all the information and we will reply within 12 hours
CONTACT
Mobile phone
Ms. Roselind Moey +60 (12) 486-8966
Ms Carol Koay +60 (12) 402-9000
E-Mails
roselindmoey@penangmyhome.com
roselindmoey@gmail.com
info@penangmyhome.com
We believe in bringing you the latest information that is happening in Penang or Malaysia and we are not the site dedicated to bring the best information. Here are some of the links that we recommend. We do not control or endorse these external websites. They will open in new windows
Introduction to Malaysia by the Government of Malaysia (Tourism Board)
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