INCENTIVE FOR THE TOURISM INDUSTRY
  • Incentive for the Hotels and Tourism Projects
  • Incentive for Reinvestments in Hotels and Tourism Projects
  • Incentive for Healthcare Travel
  • Additional Incentives for Healthcare Travel
  • Automatic Employment/Professional Pass Approval for Medical Specialists
  • Incentive for the Luxury Yacht Industry
  • Double Deduction on Overseas Promotion
  • Double Deduction on Approved Trade Fairs
  • Tax Exemption for Tour Operators
  • Tax Exemption for Promoting International Conference and Trade Exhibitions
  • Deduction on Cultural Performances
  • Incentive for Car Rental Operators
  • Tax Exemptions on the Value of Increased Exports

(Source from MIDA)
GUIDELINE ON ACQUISITION OF PROPERTY
  • With effect from 1 Jan 2010, foreigners can only buy residential property valued at more than RM500,000 and do not need approval from Economic Planning Unit (EPU), Prime Minister’s Department . This condition supersedes the earlier Foreign Investment Committee (FIC) guideline.

    For further information and clarification on acquisition of properties please visit the relevant website

    www.epu.gov.my
MALAYSIA SECOND HOME (MM2H) PROGRAM
  • MM2H visa is a Ten(10)-Years Social Visit Pass with Multiple Entry Visa which is renewable every 10 years.
  • Visa renewal can be done in Malaysia.
Freedom to travel
There is no minimum stay requirement. You are free to enter and leave the country anytime.

Parents’ Special Visa Your parents who are over 60-year old will be eligible to live in Malaysia under a special 6-month social visit visa renewable as long as your MM2H visa is valid.

Tax
Your foreign-sourced income or pension are not subject to tax if such income is remitted to Malaysia, since Year of Assessment (Y/A) 2004.

You are not subjected to the property gain tax if you make a profit from selling your houses which you purchased under this programme.

Interest earned by you from fixed deposit accounts is also exempted in the following situations:- Period exceeding 12 months or more – any amount of interest.
Period not exceeding 12 months – interest on fixed deposit up to a maximum of MYR100k.



(Source from MM2H website)
  House Purchase
Any foreigner may purchase any number of residential property in Malaysia, subject to the minimum rates established for foreigners by the different states. start from MYR500,000 per unit for most states.

Car Purchase
You will be given exemptions on import duty, excise duty and sales tax:
when you bring in your own personal car
when you purchase a locally-assembled car

Education
Your children can receive education (up to age of 18) under MM2H study permit in public or private schools in Malaysia.

Investment MM2H participants are allowed to invest and actively participate in business, subject to existing Government policies, regulations and guidelines which are in force for the relevant sectors.

Live-in Maid
You are allowed to apply for one foreign maid subject to the prevailing guidelines of the Immigration Department of Malaysia.

20-hr per week Special Work Permit for Main Applicant (Age 50 & above)
You are allowed to apply for special work permit to work under the critical sectors subject to the prevailing guidelines of the Immigration Department of Malaysia
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