Federal And Sabah Sarawak MM2H Comparison: A Comprehensive Guide
Navigating the visa program landscape in Malaysia might seem daunting. Trust me, figuring out the nuances between the Federal MM2H and Sabah Sarawak’s versions was no small feat for myself either.
What’s interesting is that Sabah and Sarawak operate under their own set of rules due to their unique position within Malaysia. This post aims to demystify these programs by offering a comparative glance, hopefully making your decision-making process a bit smoother.
Let’s dive in, shall we?
Key Takeaways
- Sabah and Sarawak MM2H programs offer a big discount on deposit requirements, about 80% less than the Federal program. This makes it easier for people to live in Malaysia without spending a lot of money.
- The income needed to join Sabah and Sarawak’s MM2H programs is also lower than the Federal option. For example, Sarawak asks for a monthly income of MYR 7,000, while Sabah requires a fixed deposit of MYR200,000 or at least MYR600,000 if you’re buying an apartment.
- All three MM2H programs allow living anywhere in Malaysia. However, each has unique financial rules and benefits that can influence someone’s decision to choose one over the others.
- The new Premium Visa Program by Malaysia offers another choice but comes with higher fees compared to the more affordable options provided by Sabah and Sarawak’s MM2H plans.
- Applicants prefer the Sarawak MM2H because it’s easier to qualify for due to its lesser financial requirements and minimal stay period. This trend could mean more future applicants leaning towards this program as they seek affordable Malaysian residency options.
Overview of Federal and Sabah Sarawak MM2H Comparison
The Federal MM2H program lets people from other places live in Malaysia. The Sabah Sarawak MM2H plans do the same but add special rules for living on Borneo Island.
Key Differences and Similarities
So, you’re curious about the MM2H programs in Sabah and Sarawak versus the Federal version, right? Well, I’ve got the scoop for you. Both of these initiatives are about letting folks live in Malaysia, but they’ve got their own sets of rules. Let’s break it down with a simple table, making it easy to see what’s what.
| Feature | Federal MM2H | Sabah/Sarawak MM2H |
|---|---|---|
| Deposit Requirements | Higher | Lower (about 80% discount) |
| Income Requirements | Higher | Lower |
| Residency | Can live anywhere in Malaysia | Can live anywhere in Malaysia |
| Premium Visa Program Similarity | Yes, but with presence requirements | Yes, but with presence requirements |
Alright, so what does this table tell us? Both Sabah and Sarawak have made their versions of MM2H a bit more appealing for folks who might not want to break the bank to live in beautiful Malaysia. They offer a significant discount on deposit requirements – think 80% off, which is a huge deal. And when it comes to income? They’re also asking for less, making it easier for more people to qualify.
But here’s a kicker. Despite these differences, all programs let you live anywhere in Malaysia. Cool, right? Plus, they all last for a decade, giving you plenty of time to explore or settle down.
And with Malaysia’s new Premium Visa Program thrown into the mix – think of it as a sort of MM2H on steroids, but with heftier fees – it’s clear the country is getting creative about inviting folks to stay. Yet, even with this option, Sabah and Sarawak’s programs stand out because of their affordability and flexibility.
So, if you’re considering making Malaysia your new home, Sabah and Sarawak’s MM2H options could be worth a look. They’re making it easier and more affordable, all while offering the same beautiful Malaysian experience. What’s not to love?
Detailed Comparison of Requirements
When we compare the Federal and Sabah Sarawak MM2H programs, things get interesting. We look at money needs and rules for moving to Malaysia. Each program asks for different amounts of cash in the bank and monthly earnings.
Plus, their policies on who can come to live in this beautiful country have some differences too. If you’re curious about these details, keep reading!
Financial Requirements
Money talks, especially if you’re looking at the MM2H programme in Sabah and Sarawak. In Sarawak, they ask for a deposit of MYR 150,000. That’s not all – you need to show you make at least MYR 7,000 every month too.
Now, turning our eyes to Sabah, things notch up a bit with their requirements: a fixed deposit of MYR 200,000 is needed. And if you’re thinking about buying an apartment there? Be ready to spend at least MYR 600,000.
Saving money is good advice for tomorrow.
It’s clear; each program has its own set of rules when it comes down to your wallet. Whether it’s saving up more for that initial deposit or making sure your monthly income matches their criteria…
Well-preparedness makes all the difference here!
Immigration Policies
Immigration policies for Malaysia My Second Home (MM2H) show some clear rules. For Sarawak’s MM2H, you need to put MYR 150,000 in a bank account. You also have to show you make at least MYR 7,000 every month.
Plus, you must stay in Sarawak for at least 30 days each year. It’s a bit different for Sabah’s new MM2H program. Here, the government asks for MYR 200,000 in a fixed deposit account.
These programs let people live all over Malaysia, not just on one part of it. That means if I join one of these Borneoan MM2H programs, I can visit and stay in places outside Sabah and Sarawak too.
This is great because it lets people explore more of what Malaysia offers while enjoying the benefits of the MM2H visa.
Impact on Future Applicants
More people will choose the Sarawak MM2H. It’s easier to join. You need less money in the bank and can make less each year. Plus, you don’t have to stay there as much. Since more folks got approved this year, it shows they like it.
These choices mean a lot for future second home seekers in Malaysia, especially retirees who love the lifestyle here but watch their budget closely. With these programs bringing more spenders and helping local shops and jobs, new applicants now have better chances to enjoy life here with fewer worries about rules and more time appreciating what Malaysia offers—its warm culture, stunning places, and friendly faces all around.
Conclusion
Now, we know all about the MM2H programs in Sabah, Sarawak, and the federal version. Each has its own rules about money and living there. If you think of moving to Malaysia, look at these options.
They give a great chance to live in a beautiful part of Asia. With this guide, picking the right program is easier! So, start planning your move to Malaysia today.
