Best Golden Visa Lawyers in Malaysia

About Golden Visa Law in Malaysia

Golden Visa is a program that allows individuals to obtain residency in a country by making a significant investment in that country. In Malaysia, the Golden Visa program is known as the Malaysia My Second Home (MM2H) program. This program allows foreigners to live in Malaysia on a long-term basis, with the option to renew their visa every 10 years.

Why You May Need a Lawyer

There are several situations where you may need legal help in navigating the Golden Visa process in Malaysia. Some common reasons include understanding the eligibility requirements, preparing the necessary documentation, and ensuring compliance with local laws and regulations.

Local Laws Overview

Key aspects of local laws that are relevant to the Golden Visa program in Malaysia include the minimum investment amount required, the eligibility criteria for applicants, and the rights and privileges granted to visa holders. It is important to be aware of these laws to avoid any legal complications during the application process.

Frequently Asked Questions

1. What is the minimum investment amount required for the MM2H program?

The minimum investment amount for the MM2H program in Malaysia is RM500,000 for applicants aged 50 and above, and RM1 million for applicants below 50 years of age.

2. What are the eligibility criteria for the MM2H program?

Applicants must meet certain financial requirements, such as having a minimum monthly income and fixed deposit in a Malaysian bank account. They must also have good health and a clean criminal record.

3. How long does it take to process an MM2H application?

The processing time for an MM2H application typically takes around 2-3 months, although this may vary depending on the complexity of the case.

4. Can I work in Malaysia with an MM2H visa?

MM2H visa holders are not allowed to work in Malaysia, but they are permitted to invest in businesses or participate in volunteer activities.

5. Can I bring my family members with me under the MM2H program?

Yes, the MM2H program allows applicants to bring their spouse and children under the age of 21 as dependents.

6. Can I buy property in Malaysia under the MM2H program?

Yes, MM2H visa holders are allowed to purchase residential properties in Malaysia, subject to certain conditions.

7. Do I need to reside in Malaysia for a certain period each year to maintain my MM2H visa?

Yes, MM2H visa holders are required to stay in Malaysia for at least 90 days each year to maintain their visa status.

8. Can I convert my MM2H visa to permanent residency in Malaysia?

After holding the MM2H visa for 5 years, applicants may be eligible to apply for permanent residency in Malaysia.

9. What are the tax implications of holding an MM2H visa?

MM2H visa holders are not subject to Malaysian income tax on foreign income brought into the country.

10. What should I do if my MM2H application is rejected?

If your MM2H application is rejected, you may appeal the decision or seek legal advice on how to proceed.

Additional Resources

For more information on the MM2H program in Malaysia, you can visit the official website of the Malaysia My Second Home program or consult with a qualified immigration lawyer who specializes in Golden Visa applications.

Next Steps

If you require legal assistance with your Golden Visa application in Malaysia, it is recommended to speak with a knowledgeable immigration lawyer who can guide you through the process and ensure a smooth application process. Be sure to gather all relevant documentation and information before seeking legal advice to expedite the process.