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Financial Requirement

 

Applicants are expected to be financially capable of supporting themselves on this programme in Malaysia.

Upon application:

  • Applicants aged below 50 years are required to show proof of liquid assets worth a minimum of RM500,000 and offshore income of RM10,000 per month. For certified copy(s) of Current Account submitted as financial proof, applicants must provide the latest 3 months' statement with each month's credit balance of RM 500,000.

  • Applicants aged 50 and above may comply with the financial proof of RM350,000 in liquid assets and off shore income of RM10,000 per month.  For certified copy(s) of Current Account submitted as financial proof, applicants must provide the latest 3 months' statement with each month's credit balance of RM 350,000. For those who have retired, they are required to show proof of receiving pension from government RM 10,000 per month.

  • Approved participants who have purchased property which were bought at RM 1 million and above in Malaysia may state their intention in their application letter during submission to lower down basic fixed deposit requirement.

 

Eligibility

Eligibility

It is open to citizens of all countries recognised by Malaysia regardless of race, religion, gender or age. Applicants are allowed to bring their spouses and unmarried children below the age of 21 as dependants.

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