MM2H Visa Fixed Deposit Withdrawal

Upon approval, you are required to open a fixed deposit account at any bank in Malaysia, which must be maintained throughout the validity of your MM2H visa.

However, from the second year onwards, you are allowed to make a partial withdrawal from the required fixed deposit.

This procedure can be done even if you are not in Malaysia, but you may need to visit the bank in person, depending on the bank’s policies.

Fixed deposit withdrawals are permitted for the following purposes.
Only expenses incurred after obtaining the MM2H visa and that have already been paid are eligible.

1. House Purchase

   For purchasing a house in Malaysia. Purchases under your spouse’s name are also allowed.

2. Children’s Education in Malaysia

   School tuition fees and other expenses related to your children’s education.

3. Medical Expenses

   Expenses related to medical treatment in Malaysia, including medication, consultations, and hospitalization.

4. Interest on Fixed Deposit Account

   Withdrawals of interest earned on fixed deposits are permitted.

• The withdrawal amounts are as follows:
  For MM2H visas obtained before 2021: Up to RM50,000 if you are over 50 years old, and up to RM150,000 if you are under 50 years old.
  For eMM2H visas obtained after 2021: Up to 50% of the deposit.
  The remaining fixed deposit must be maintained until the termination of the MM2H visa.
• Withdrawals can be made multiple times, but it is recommended to apply for it all at once.