General Requirements as at 14th March 2009

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Thanks Poul.  That is helpful.  Re bank accounts, I was thinking of interest earned, which is partially what we live on.  It would seem from your comments that a combination of accounts in both or either names is acceptable.

If anyone else can confirm, that would be reassuring 

When we submitted our application we provided copies of all our bank accounts and income receipts having previously confirmed with our agent that a sort of dual application would be acceptable.

It obviously was, as we received approval.

Dave

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Dear All,

1) An applicant may include the spouse’s income and cash in bank in the MM2H application as long as the spouse is in the same application.

2) As an MM2H agent, we always encourage applicants to include their spouses’ income and cash in bank in order to strengthen their financial status.

Hope the above is helpful.

Best Regards,
Yvonne Lim

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hi,

The MoTour site now has 14 requirements for applications via an agent. It was 11 requirements on the 14th March 2009.

1.   Letter of Application ( by the applicant);

2.   A copy of resume by the main applicant which include the following information;
* Academic qualification
* working experiences
*skills or expertise acquired

3.   One (1) copy of MM2H Application Form - can be downloaded from MM2H website;

Note: Applicant and all the dependents have to complete the Form individually

4.   Three (3) copies of IM.12 Form (Social Visit Pass );
*One (1 ) original copy - can be downloaded from MM2H website/obtained
at Immigration Department.
* Two ( 2 ) Photostat copies

Note : Applicant and all the dependents have to complete the Form individually

5.   Four (4) coloured passport size photographs;

6.   Copy of Passport/Travel documents ( all pages) with certification on the pages
with personal particulars;

Note : Copy of previous passport is required if applicant/dependent (s) has renew his/her passport within the last 12 months.
7. Personal bond * ( must be completed and signed by Malaysian who is one of the Board of Directors/Share Holders/Managing Director/Manager from the appointed MM2H licensed company );

Note : A Personal Bond is to be made for each applicant and dependent
8.   Letter of Good Conduct from your relevant government agency ;
i) The police authority of the applicant’s home country; or
ii) The Embassy of the applicant’s home country based in Malaysia provided that the LGC issued by the Embassy has made a reference to the respective police authority and the LGC must be attested by the Embassy.

9.   Self declaration on your/dependents health conditions - Form can be downloaded from MM2H website;

10.   Certified copy of Marriage Certificate ( if accompanied by spouse );

11.   Certified copy of Birth Certificate/legal documents ( if accompanied by children/adopted children/step children/parents );
*   Letter of Confirmation from Medical Specialist/General Practitioner
(if accompanied by disabled children above 21 years old);
* Statutory Declaration by principle applicant to bear all expenses and financial requirements during the stay in Malaysia for dependents;

12.   Certified copy (s) of latest 3 months’ bank statement /other related financial
document (s) to indicate the financial capability to support stay in Malaysia;

13.   Latest 3 months certified copies of pay slip / income statement ( If employed)/
pension slip etc;

14.   Authorization letter from applicant to Malaysia My Second Home Centre to
verify the financial documents with the relevant financial institutions;

 

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Hi All

I have been wondering for quite awhile about this 10,000RM a month income. What happened if it drops due to the currency exchange? 

Cupert

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This question raises a related issue. Once the appliction is approved and MM2H visa obtained, is income  and income sources monitored? If not then presumably unfavourable currency fluctations won't matter (until renewal comes up?). Perhaps established MM2H'ers can advise.

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hi,

The RM10,000 is a requirement for the application, at the point of application.

There's nothing in the rules about it being maintained. When it comes to renewal of the visa the experience of folks on the forum is that the authorities only need to see the FD not any monthly income stuff.

The renewal requirements also only refer to the FD and do not require any RM10,000 evidence.

There is no monitoring of the RM10,000 monthly income.

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PK, With the way the US dollar is dropping this is a concern for me.  My government pension provides an annual 3% COLA (Cost Of Living Adjustment) each July (It will drop to 2% in 2011) and I am hoping this keeps me above the 10000 Pension minimum.  If not, I'm toast.  I didn't have the savings back in 2007 (or now) to qualify under any option but the Pension one...Jim, USA

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Scott's reply above eases my concern.  But wanted to share my situation for sake of discussion of this topic...Jim

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Phew! that is a relief. Right now the Aussie $ is strong and so that is good for Aussies but wait till it comes tumbling down. 

Not so good for the spending power then. 

I also wondered why 10,000RM. I/we can live quite comfortably on that amount here let alone in Malaysia ie if we do not have to service the mortgage or rent. Just living expenses.

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PK, With the way the US dollar is dropping this is a concern for me.  My government pension provides an annual 3% COLA (Cost Of Living Adjustment) each July (It will drop to 2% in 2011) and I am hoping this keeps me above the 10000 Pension minimum.  If not, I'm toast.  I didn't have the savings back in 2007 (or now) to qualify under any option but the Pension one...Jim, USA

Then there's probably an argument for applying now while you meet the requirements pension-wise?

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papaya, Interesting thought but I don't think one can apply for an extension or renewal until the year the current visa expires (that's still a few years away for me).  Anyone know for sure?...Jim

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sorry JR I didn't realise you already had MM2H so wasn't quite what I was thinking.  Though that's a thought - can you renew/extend during the term of MM2H?   I wonder if Scott knows.