Maybank has partnered with the Ministry of Tourism, Arts and Culture (MOTAC) to support the Malaysia My Second Home (MM2H) programme, making a strategic effort to position Malaysia as a top destination for long-term foreign residents.
The collaboration makes Maybank the first Malaysian bank selected to offer tailored financial solutions to successful MM2H applicants through its wealth management arm, Maybank Premier.
The initiative includes international roadshows, with the first held recently at MSpace@Maybank Tower in Singapore under the theme “MM2H Your Gateway to Malaysia.”
Maybank Group President and CEO, Dato’ Khairussaleh Ramli, said the collaboration reflects Maybank’s commitment to supporting Malaysia’s economic growth by attracting high-net-worth individuals and global investors.
MM2H is a government initiative that offers long-term renewable visas of 5 to 20 years to retirees, professionals, and investors. The programme has recently introduced a new tiered structure Silver, Gold, and Platinum with added benefits for those investing in Malaysia’s Special Economic and Financial Zones.
Successful applicants will enjoy a comprehensive financial package from Maybank, including preferential rates, low charges on unit trust investments, automatic Premier banking status, and full financial advisory services.
Tourism Minister Dato’ Sri Tiong King Sing said the partnership is a key step in promoting Malaysia as a second home destination.
“Malaysia’s rich culture, safety, and modern infrastructure make it an ideal choice,” he added.
Following the Singapore launch, Maybank and MOTAC plan to host more MM2H-focused events across key regional markets.
Shahriena Shukri is a journalist covering business and economic news in Malaysia, providing insights on market trends, corporate developments, and financial policies. More about Shahriena Shukri.
