Effective Jan 1 next year, applications for the Sarawak-Malaysia My Second Home (S-MM2H) programme must comply with new requirements, said State Tourism, Creative Industry and Performing Arts Minister Datuk Seri Abdul Karim Rahman Hamzah.

He said one of the new requirements is that the applicants must be citizens of countries that have diplomatic relations with Malaysia aged 30 and above.

“The mandatory opening of a fixed deposit account with any local bank in Sarawak with the required amount is RM500,000 for each application including spouse and dependents.

“All the S-MM2H pass holders also require a minimum annual stay duration in Sarawak for 30 days a year as one of the conditions for consideration of extension or renewal of Visa. S-MM2H pass duration remains five years and participants can renew their application for another five years,” he said.

According to him, the top 10 countries taking up the S-MM2H programme were China with 391 participants, the UK (350), Taiwan (262), Hong Kong (255), the US (210), Singapore (207), South Korea (178), Japan (138), Australia (121) and Indonesia (117).

Abdul Karim said further information on the S-MM2H application can be obtained by visiting the ministry’s website at https://mtcp.sarawak.gov.my.

Link: https://www.businesstoday.com.my/2024/10/31/new-requirements-for-sarawak-mm2h-effective-jan-1/