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EXISTING PARTICIPANTS (JOINED BEFORE 1 APRIL, 2006) Existing participants will not be subjected to the new financial requirements when they next renewed their stay in Malaysia under this programme. However, the approvals of the renewal are subjected to the fulfillment of the condition required by the Government of Malaysia. Participants who complied with the earlier fixed deposit criteria are allowed to withdraw their fixed deposit as follows after a one year stay in Malaysia: i)Single Participant with fixed deposit of RM100,000
ii)Participant with spouse with fixed deposit of RM150,000
Note: Participants under this programme (both new and existing) may withdraw their entire fixed deposit anytime should they decide to terminate their stay in Malaysia under this programme. However, they must obtain prior approval from the Ministry of Tourism. |
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