What income, savings or financial-resources threshold applies and how does family affect it where officially specified?
The deposit is RM500,000. Monthly pension or offshore income is RM10,000 for an individual or RM15,000 with dependants. The savings alternative is RM100,000 for an individual or RM200,000 with dependants, evidenced over the latest three months. Property purchase is optional; if buying, the stated minimum is RM600,000 in Kuching or RM500,000 elsewhere in Sarawak.
See recorded sources
- Certified Copy of Pension Letter
Cont’d.
C. Financial Proof
Certified Copy of Fixed Deposit Statement from any panel local
bank in Sarawak;
RM500,000.00 (Main Applicant)
AND
Certified Copy of Pension Letter and Latest 3 months government
approved pension funds:
RM10,000.00 monthly (for Individual)
RM15,000.00 monthly (for Individual + Dependent)
OR
Copy of Employment Confirmation and latest 3 months payslip
and bank statements as a proof of monthly offshore income
funds
RM10,000.00 monthly (for Individual)
RM15,000.00 monthly (for Individual + Dependent)
OR
Certified copy of bank account statement as proof of savings
fund for the latest three (3) months (For applicant who does not
have offshore income/pension). Subject on Panel Approval
RM100,000.00 (for Individual)
RM200,000.00 (for Individual+Dependent)
mtcp.sarawak.gov.my 09
- This processing fee of RM5,000 is non-refundable.
SMM2H Online Application
SMM2H Management and Online Application System (MOAS)
Licensed agents / sponsors can submit their application using the
following link:
https://service.sarawak.gov.my/web/web/home/sla_view/0/656/
User manual is also available online for reference.
SMM2H Processing Fee
All applicants are required to pay one-time processing fee of
RM5,000.00 to the Ministry of Tourism, Creative Industry and
Performing Arts Sarawak (MTCP). The application will be processed upon
receipt of the processing fee and submission of all required documents.
This processing fee of RM5,000 is non-refundable.
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- The Security/Personal Bond rate
Requirement for Security/
Personal Bond
A sponsor is required to sign a Security/Personal Bond as
the sponsor (guarantor) for the application.
The Security/Personal Bond rate for applicant from different
countries are listed as follows:
RM2,000 RM1,500
Saudi Arabia
Canada Africa
United States of America Australia
Colombia British C.I.
Angola Brunei Darussalam
Burkina Faso China
Burundi Europe
Cameroon Iran
Central African Republic Iraq
Republic of the Congo (Congo- Portugal C.I.
Brazzaville) Taiwan
Democratic Republic of Congo Tunisia
Cote D'Ivoire Vietnam
Djibouti
Equatorial Guinea RM750
Eritrea Myanmar
Ethiopia Nepal
Guinea-Bissau Bangladesh
Ghana Philippines
Liberia India
Mali Pakistan
Mozambique Sri Lanka
Niger
RM500
Nigeria Indonesia
Rwanda
Western Sahara RM300
Thailand
RM1,000 RM200
Japan Singapore
South Korea
Macau RM1,500
Hong Kong
Any other countries not listed
Source: Immigration Department of Malaysia
mtcp.sarawak.gov.my 13
- ii) FROM PERSONAL SPONSOR
B. Sponsor Cont’d.
i) FROM AGENT; OR
Company's Cover Letter for Submission
Certified Copy of Company's SMM2H licensed
Security Bond Form (Suffix with RM10 stamp and must be done at
Sarawak Inland Revenue Board (LHDN))
Details Regarding Local Sponsor (IMM.45 dan IMM.45A) “BK Form”
Proof of Agent's Employment
Copy of Certified Agent's IC
Copy of Certified Shareholder Details (Form 51)
Sponsor Declaration Form (must be completed by SMM2H Licensed
Company)
ii) FROM PERSONAL SPONSOR
Letter of Intention from Sponsor
Personal Bond Form (Suffix with RM10 stamp)
Copy of Certified Sponsor's IC Card, Marriage Certificate
(if applicable)/ Birth Certificate (if applicable)
Butiran Mengenai Penaja Tempatan Pemohon Annexa kepada Borang
(IMM.45 dan IMM.45A) “Borang BK”
Personal sponsor can only sponsor one applicant at a time.
Only immediate family members are allowed to be a personal
sponsor such as a spouse (husband/wife), parent/step-parent,
children or siblings.
mtcp.sarawak.gov.my 08
- Participants could make partial withdrawal
Withdrawal of Fixed Deposit
Participants could make partial withdrawal of their Fixed Deposit (maximum
50% of the Fixed Deposit amount) after one year in the programme based on
one of the following reasons:
Purchase of Purchase of Medical Children's
a house in a car in Expenses in Education
Sarawak Sarawak Sarawak in Sarawak
How to Withdraw Fixed Deposit (FD)
Please submit the following documents to the Ministry of Tourism, Creative
Industry and Performing Arts Sarawak:
Letter of Intent from Applicant
Copy of Approved SMM2H Conditional Approval Letter
Copy of Applicant's Passport (Applicant's Personal Details and Multiple-Entry
Pass Page)
Copy of Latest Fixed Deposit with the bank address and the account number
Proof of Payment or any Supported Documents
House Purchase
Property purchase is optional for all applicants. The approved participant is
allowed to purchase a residential house in Sarawak with value at least
RM600,000 (Kuching Division) and RM500,000 (other Divisions) subject to Land
Code (Amendment)(No.2) Order 1998 & Land (Market Value of Property for
Foreign Acquisition) Direction 1998.
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