Indonesia Second Home Visa (B211B) vs Malaysia My Second Home (MM2H)
A factual side-by-side comparison of two residency programmes. All figures are drawn from the canonical program pages — follow either link in the table header for sources and the full profile.
Key Differences at a Glance
- ›Indonesia Second Home Visa (B211B) is faster: 2 months vs 3 months for Malaysia My Second Home (MM2H).
- ›Indonesia Second Home Visa (B211B) leads to citizenship (~10 yrs); Malaysia My Second Home (MM2H) does not.
- ›Lower capital: Indonesia Second Home Visa (B211B) (130,000 USD) vs 150,000 for Malaysia My Second Home (MM2H).
- ›Malaysia My Second Home (MM2H) uses territorial taxation; Indonesia Second Home Visa (B211B) taxes worldwide income.
Indonesia Second Home Visa (B211B) Indonesia · retirement | Malaysia My Second Home (MM2H) Malaysia · retirement | |
|---|---|---|
| Country | Indonesia | Malaysia |
| Category | Retirement | Retirement |
| Application Fee | $200 | $4,300 |
| Minimum Income | — | $9,100 /mo |
| Minimum Investment | $130,000 | $150,000 |
| Processing Time | 2 months | 3 months |
| Family Included | Spouse and dependent children may be included on the principal's permit; parents not eligible | Spouse and unmarried children under 34 may be included as dependents; dependent pass fee of ~MYR 500 per person |
| Path to PR | Yes — 5 years | No |
| Path to Citizenship | Yes — 10 years | No |
| Physical Presence | Visa is valid for 5 or 10 years (multi-entry). No minimum presence requirement. | Under revised 2023 rules: minimum 90 days per year in Malaysia |
| Dual Citizenship | Not allowed | Not allowed |
| Tax Impact | Tax residency triggers at 183+ days physical presence in any 12-month period. Indonesian tax residents pay progressive PIT up to 35%; foreign-source income is taxable. The Second Home Visa does not confer any special tax exemption — applicants spending less than 183 days in Indonesia avoid Indonesian tax residency entirely. | Foreign-sourced income is not taxed in Malaysia. MM2H holders are not required to pay Malaysian income tax on income earned abroad. Local income is subject to standard Malaysian income tax. |
| Tax Residency Trigger | 183 days/yr | 182 days/yr |
| Worldwide Taxation | Yes | Territorial |
| Renewal Cost | $200 | $1,100 |
About Indonesia Second Home Visa (B211B)
Indonesia's Second Home Visa (introduced October 2022 under Regulation 22/2022, refined by 2024 amendments) grants a 5-year or 10-year multi-entry residence visa to foreign nationals depositing IDR 2 billion (~USD 130,000) in an Indonesian state bank for the duration of the visa. The visa does NOT require minimum income, employment, or physical presence and may be used as a base for visiting Indonesia (especially Bali) without becoming a tax resident. The deposit may be used to purchase property or held as a savings deposit. After 5 years of legal residence with continuous physical presence, the visa-holder may apply for permanent residency (KITAP) and after 10 years, naturalisation — though Indonesia generally does not permit dual citizenship and naturalisation requires renunciation.
Full Indonesia Second Home Visa (B211B) profile →About Malaysia My Second Home (MM2H)
Malaysia's My Second Home (MM2H) program grants a 5-year renewable multiple-entry visa to retirees and high-net-worth individuals, requiring a fixed deposit and offshore income. The program was revamped in 2021 with significantly higher thresholds, making it more exclusive than earlier iterations.
Full Malaysia My Second Home (MM2H) profile →Gotchas to Watch For
Indonesia Second Home Visa (B211B)
- ⚠IDR 2B is a deposit, not a fee — but the funds are locked for the visa duration (5 or 10 years)
- ⚠Indonesia does NOT permit dual citizenship — naturalisation requires renunciation of original citizenship
- ⚠Tax residency at 183+ days; visa doesn't confer special tax treatment
- ⚠Bali property purchase by foreigners has additional restrictions (HGB / Hak Pakai title structures rather than freehold Hak Milik)
Malaysia My Second Home (MM2H)
- ⚠MM2H does NOT grant work rights — holders cannot be employed in Malaysia or operate a business without separate work authorization
- ⚠MM2H does NOT lead to PR or citizenship — pure long-stay visa
- ⚠Fixed deposit is substantial: Silver tier RM 500,000 (≈USD 110,000) locked for visa duration
- ⚠2021/2022 MM2H revision dramatically raised thresholds from old RM 300,000 deposit and RM 10,000/mo income — many existing holders faced sudden non-compliance
- ⚠2024 revision added Platinum tier and clarified partial withdrawal rules (up to 50% for approved purposes like property, education, medical)
- ⚠Mandatory licensed agent — cannot self-apply; agent costs RM 5,000-10,000
- ⚠Malaysia does not allow dual citizenship — MM2H is not on a path to citizenship and naturalization requires renouncing
- ⚠Labuan company structure is NOT a tax-free structure for MM2H holders who are Malaysian tax residents — 3% corporate tax applies
Neutral reference — we don't recommend one programme over another. Programmes change: always verify each detail against the official source linked on the individual program pages.