Requirement of Malaysia
Financial Requirements
Here is a financial requirements for obtain Malaysia My Second Home Facilities. Actually Malaysian Govern is much concern about Financial Stability to Stay in Malaysia as there Second Home. Here is below the details for the financial Requirements
Aged 50 Years and Above
Monthly Income:
Applicant age 50 years or above must need to proof their Monthly Income in their own country minimum RM-10,000.00 by Shown in 3 month Bank Statement or Income Tax Papers.
Bank Statement:
Upon application all applicants age 50 years and above has need to show their Financial Balance is in minimum RM-350,000.00 (BDT-10,000,000.00). They can show this amount balance unlimited numbers of account as they have. Also allowed to show spouse. There are allowed to provide Savings Account, Current Account, FDR, Bond, Deposit Scheme, Provident Fund, Stock Market Investment , any kind Investment in Different Banks or Finance Company locally or Internationally.
FDR in Malaysia:
Upon approval all of applicant age 50 years or above must need to open a FDR Account in any Bank or Government Approved Finance Company with the Balance of RM- 150,000.00 for 1 year.
Aged Below 50 Years
Monthly Income:
Applicant age below 50 years must need to proof their Monthly Income in their own country minimum RM-10,000.00 by Shown in 3 month Bank Statement or Income Tax Papers.
Bank Statement:
Upon application all applicants age below 50 years has need to show their Financial Balance is in minimum RM-500,000.00 (BDT-15,000,000.00). They can show this amount balance unlimited numbers of account as they have. Also allowed to show spouse. There are allowed to provide Savings Account, Current Account, FDR, Bond, Deposit Scheme, Provident Fund, Stock Market Investment , any kind Investment in Different Banks or Government Approved Finance Company locally or Internationally.
FDR in Malaysia:
Upon approval all of applicant age below 50 years must need to open a FDR Account in any Bank or Government Approved Finance Company with the Balance of RM- 300,000.00 for 1 year.