We provide total consultant services to support your lifestyle in Johor Bahru, Malaysia.
MM2H Visa Application. Property Management. Company Setup.
We provide total consultant services to support your lifestyle in Johor Bahru, Malaysia.

MM2H Visa Fixed Deposit Withdrawal

MM2Hビザ定期預金引き出しサポート

 2021/01/27     

MM2H Fixed Deposit Withdrawal

Upon approval, you are required to open a Fixed Deposit account at any bank in Malaysia and must be maintained throughout the validity duration of your MM2H Visa.

However, from the second year onwards, you are allowed to withdraw partial of the required Fixed Deposit.

You can do it even if you are not in Malaysia.

Terms and Conditions

Fixed deposit withdrawals are permitted for the following purposes.
Only expenses incurred after the MM2H visa is obtained and already paid are eligible.

  1. House Purchase

    For the house purchased in Malaysia. House purchased under your spouse name is also allowed.

  2. Children’s Education in Malaysia

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

  3. Medical Expenses

    Expenses related to your medical treatment in Malaysia including medicine, consultation and hospitalization.

  • The amount that can be withdrawn is up to RM50,000 if you are over 50 years old and up to RM150,000 if you are under 50 years old. The remaining time deposit must be maintained until the termination of the MM2H visa.
  • It can be withdrawn several times, but it is recommended to apply for it all at once.

Required Documents

1. Letter of Intent
If you are abroad, you need to sign the letter prepared by us and then courier to us.
2. Proof of Purpose of Withdrawal
  • House Purchase : Copy of Sales and Purchase Agreement (All pages)
  • Education Expenses : Copy of Letter of Offer or Certificate of Enrollment, copy of permission to study
  • Medical Expenses : Copy of medical treatment certificate
3. Proof of Payment
  • House Purchase : Copy of Receipt (Down payment etc.)
  • Education Expenses : Copy of Receipt of Tuition Fee
  • Medical Expenses : Copy of Receipt of medical treatment
4. Copy of Conditional Approval Letter 【SAMPLE】
5. Copy of MM2H Fixed Deposit Certificate
6. Copy of Passport Bio Page
7. Copy of MM2H Visa Page
  • The required documents (2 and 3) may be slightly different depending on the bank.

Application Procedures

STEP.1
Inquiry

Inquiry

Please contact us for inquiry.

STEP.2
Payment

Payment

Payment can be made via bank transfer or credit card via PayPal.

STEP.3
Documents Preparation

Documents Preparation

Email to us the required documents for verification.

STEP.4
Documents Verification

Documents Verification

We will get the Certified True Copy for the necessary documents.

STEP.5
Enter Malaysia

Enter Malaysia

You are required to enter Malaysia to do STEP.7. The minimum stay required is approximately 5 working days.

STEP.6
Submission

Submission

We will submit your application to the Ministry of Tourism, Arts and Culture (MOTAC). MOTAC will process the application in 4 working days from the submission date. MOTAC will issue an Authorization Letter to withdraw your Fixed Deposit.

STEP.7
Fixed Deposit Withdrawal

Fixed Deposit Withdrawal

Submit the Authorization Letter to bank to withdraw your money from the Fixed Deposit account.

Fees

Support
Details
Required documents preparation and verification
Submission to the Immigration Malaysia
Fixed Deposit withdrawal support at your bank
Fees

RM2,000

  • If you are withdrawing the fixed deposit for educational purposes and require our assistance in obtaining a permission to study, this will cost an additional RM2,000.

Inquiry

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