The Malaysia My Second Home Program originated from the "Silver Project" issued by the Ministry of Tourism in 1996 to encourage foreign retirees to stay in Malaysia for a long time. In 2002, the government changed the name to "Malaysia Second Home Programme". In August 2021, a new policy was introduced, the application conditions were greatly adjusted, and the deposit limit was increased.
In 2019, nearly 8,000 groups of clients applied for the two, surpassing the EB-5 in the United States and becoming the world's most popular immigrant investor program. Since 2011, the number of Chinese applicants has continued to increase, accounting for as much as 35% in 2019, and these two sets of data fully demonstrate that Malay second homes are very attractive to people who want to move overseas. Expats who obtain the status of second home in Malaysia enjoy Europe-American level medical care, education in the Europe-American system, and high-return investment to provide better accommodation and education environment for children and parents.