TERMS AND CONDITIONS.

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


FINANCIAL REQUIREMENT.


WHEN APPLYING.

Applicants  aged below 50 years are required to show proof of having liquid assets worth a minimum of RM 500,000 and an off shore income of RM 10,000 per month.   

Applicants aged above 50 years are required to show proof of having liquid assets worth a minimum of RM 350,000 and an off shore income of RM 10,000 per month.

Applicant who have  purchased properties in Malaysia and paid a minimum of RM 1 Million qualify for a Fixed Deposit placement upon approval.

WHEN APPROVED.

Age below 50 years old.

   *   Open a  Fixed Deposit account of  RM  300,000  in any bank in  Malaysia.

   *   After a period of one year can withdraw up to RM 150,000 for purchase of houses, children's education and medical expenses.

   *   Must maintain a minimum balance of RM 150,000 from second year onwards and through out your stay in Malaysia under this programme.


Aged above 50 years old.

   *  Open a Fixed Deposit account of  RM 150,000  in any bank in Malaysia.

   *  After a period of one year can withdraw up to RM 50,000 for purchase of houses,  children's education and medical expenses.

   *  Must maintain a minimum balance of RM 100,000  from second year onwards and throughout your stay in Malaysia under this programme.

   *  OR  show proof of Government approved Pension funds of RM 10,000.