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Hi

Apologies if this has been asked before - I'm new to the forum.

I have read the requirements of MM2H - they look somewhat inflexible.

As an applicant over 50 my pension does not quite meet the 10,000 lower limit, on current exchange rates. Whilst I could raise the 150,000 for bank deposit I am not keen on the prospect of this being tied to a Malaysian account, even with the lower figure of 100,000 after the first 12 months.

Is there a possibility of splitting the criteria - for example if my pension is 10% below the limit can I put say 10% of the 150,000 on deposit?

Many thanks in advance for any help given.
 

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Hi

Apologies if this has been asked before - I'm new to the forum.

I have read the requirements of MM2H - they look somewhat inflexible.

As an applicant over 50 my pension does not quite meet the 10,000 lower limit, on current exchange rates. Whilst I could raise the 150,000 for bank deposit I am not keen on the prospect of this being tied to a Malaysian account, even with the lower figure of 100,000 after the first 12 months.

Is there a possibility of splitting the criteria - for example if my pension is 10% below the limit can I put say 10% of the 150,000 on deposit?

Many thanks in advance for any help given.
I don´t think M/sia will allow that, its one or the other. Anyway, whats wrong with putting your money in a Malaysian bank. I´m with one, they gave me a car loan for 3% and then offered me a higher interest rate on the money I was going to use to buy the car!, Rob
 

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You can go to the government's website and research all the details - Malaysia My Second Home. However, I don't think that there is a lot of flexibility with it. As Rob said, though, you can get a good rate of return by putting your money into a Malaysian bank, and there is no requirement that you buy property or otherwise spend the money.
 
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