WITHDRAWAL
REQUIREMENTS
MM2H
participants are allowed to withdraw partial of the required Fixed Deposit from
the second year onwards (RM50,000 for aged 50 years and above) / (RM150,000 for
aged 50 years and below) for approved expenses related to house purchase,
education for children in Malaysia and medical purposes. They have to maintain
the balanced RM100,000 (for aged 50 years and above) / RM150,000 (for aged 50
years and below) of Fixed Deposit until they terminate from MM2H Programme.
The documents required for Fixed Deposit Withdrawal are:
The documents required for Fixed Deposit Withdrawal are:
ü Copy of
MM2H visa
ü Copy of
front page passport
ü Copy of
Fixed Deposit certificate
ü Copy
proof of payment for Residential property purchase (to submit of all pages of
Sales & Purchase Agreement & receipt), Car purchase (to submit car
grant title & receipt), Children’s education in Malaysia (to submit
receipt), Medical expenses (to submit receipt)
ü Copy of
Conditional Approval Letter
Please be advised that the withdrawal is on a reimbursement basis and release
of money will be made based on the amount paid.
Withdrawal can be made after the first year, effective from date of MM2H social visit pass endorsement in the passport.
If applicant wishes to withdraw the interest accrued on savings, please indicate in the letter of intention
** The processing and approval process will take three (3) working days from the date of
submission of the application (provided the documentation is complete )
Withdrawal can be made after the first year, effective from date of MM2H social visit pass endorsement in the passport.
If applicant wishes to withdraw the interest accrued on savings, please indicate in the letter of intention
** The processing and approval process will take three (3) working days from the date of
submission of the application (provided the documentation is complete )
Important Note:
Ø All
copies must be certified TRUE COPIES OF ORIGINAL DOCUMENTS by EMBASSY / HIGH
COMMISSION / NOTARY PUBLIC AND COMMISSIONER OF OATHS REGISTERED IN MALAYSIA /
GOVERNMENT OFFICIAL.
