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  • Partial Fixed Deposit (FD) Withdrawal

Partial Fixed Deposit (FD) Withdrawal

MM2H applicants are eligible for a partial withdrawal from their MM2H Fixed Deposit after one year from the date of their first endorsement. Withdrawals can be made for four purposes: purchasing property or a new car, covering medical expenses at clinics or hospitals, and funding their children’s education under MM2H in Malaysia. The maximum withdrawal limits are:

  • RM50,000 for a RM150,000 Fixed Deposit
  • RM150,000 for a RM300,000 Fixed Deposit
  • (For eMM2H) RM500,000 for a RM1,000,000 Fixed Deposit

Required Documents for Partial Fixed Deposit Withdrawal Application

  • Authorisation Letter from the principal – Signed by the principal.
  • Copy of the MM2H Approval Letter.
  • Copies of all previous and current passport particulars pages of the applicant(s), along with all MM2H visa pages – To verify the continuity of the applicant(s)’ MM2H visa.
  • Copy of the Bank Lien Letter for the MM2H Fixed Deposit.
  • Copy of the Fixed Deposit bank slips or certificates.
  • Latest Fixed Deposit Bank Statement, showing the current balance and interest at maturity – This must be stamped "CTC" (Certified True Copy), signed, and dated by a bank officer.
  • Release Letter if the applicant originally applied through a different agent/sponsor who is still active.
    Note: If changing agents/sponsors, a Release Letter is required from the previous agent/sponsor, absolving them of responsibility for the applicant. The applicant can request this letter directly or Alter Domus can assist. A fee may apply, as the previous agent/sponsor may charge for the loss of potential business.
  • Personal Bond for each applicant (if they did not apply through Alter Domus) – We will assist in purchasing this free of charge.

FD Withdrawal for Property Purchase in Malaysia

Additional Documents Required for Fixed Deposit for Property Purchase in Malaysia

  • Sales and Purchase Agreement (SPA or S&P) – Must be dated after the first endorsement. We will assist with free certification of the document.
  • Payment receipt – Issued by the housing developer or relevant stakeholder, confirming the payment.
  • Proof of payment – A bank statement reflecting the payment for the property (one of the applicant’s names listed on the Approval Letter must appear on the statement).
  • For completed properties, a utility bill (e.g., TNB, PBA, IWK) with the purchased property’s address is required.

All required documents must be submitted to us at least 2 days before our initial visit to the MM2H Centre.

The submission process for partial Fixed Deposit withdrawal takes 1 working day at the MM2H Centre, with approval expected within 3 to 5 working days. We will keep you informed of the submission and approval status in real time.

FD Withdrawal for Medical Treatment/Expenses in Malaysia

Additional Documents Required for Fixed Deposit Withdrawal for Medical Treatment/Expenses in Malaysia

  • Cumulative medical bills from the clinic or hospital for approved expenses – Must include the name of at least one applicant listed on the Approval Letter.
  • Payment proof – Bank slips and a bank statement confirming the payment of medical expenses (the name of at least one applicant on the Approval Letter must be present on these documents).

All required documents must be submitted to us at least 2 days before our initial visit to the MM2H Centre.

The submission process for partial Fixed Deposit withdrawal takes 1 working day at the MM2H Centre, with approval expected within 3 to 5 working days. We will keep you informed of the submission and approval status in real time.

FD Withdrawal for Education of Children under MM2H

Additional Documents Required for Fixed Deposit Withdrawal for Education of Children under MM2H

  • Cumulative education bills from the school or institution – Must include the name of at least one applicant as listed on the Approval Letter.
  • Payment confirmation – Bank slips and a bank statement reflecting the payment of the education fees (the name of at least one applicant on the Approval Letter must appear on these documents).

All required documents must be submitted to us at least 2 days before our initial visit to the MM2H Centre.

The submission process for partial Fixed Deposit withdrawal takes 1 working day at the MM2H Centre, with approval expected within 3 to 5 working days. We will keep you informed of the submission and approval status in real time.

**FD Withdrawal for Car Purchase in Malaysia

NOTE: If the Approval Letter permits car purchase with a partial withdrawal, the applicant(s) may buy a new car in Malaysia using cash (loans are not allowed).

Additional Documents Required for Fixed Deposit Withdrawal for Car Purchase in Malaysia

  • Car registration document (front and back) – Must feature the name of at least one applicant listed on the Approval Letter.
  • Car invoice copy – The invoice must contain the name of at least one applicant listed on the Approval Letter.
  • Car payment receipt copy – Must show the name of at least one applicant listed on the Approval Letter.
  • Proof of payment – A bank statement reflecting the car purchase payment (the name of at least one applicant on the Approval Letter must appear on the statement).

All required documents must be submitted to us at least 2 days before our initial visit to the MM2H Centre.

The submission process for partial Fixed Deposit withdrawal takes 1 working day at the MM2H Centre, with approval expected within 3 to 5 working days. We will keep you informed of the submission and approval status in real time.