MM2H stands for Malaysia My Second Home which is the name of the Malaysian Government’s programme to allow foreigners to retire or live long term in Malaysia provided they can support themselves financially without working and provided they meet the scheme’s criteria.
Successful applicants who can show they meet the programme’s financial requirements have to deposit a sum of money on fixed deposit with a bank in Malaysia which must be maintained throughout their stay in Malaysia. They also have to pass a medical and obtain private medical insurance. Applicants can apply directly or use the services of an approved agent to process all the paperwork. Upon approval, foreigners are provided with a 10 year multiple entry social visit pass (visa) which is renewable.
There are numerous websites (including the Malaysian Government’s official MM2H portal) providing full details of the scheme, here is the link to the official MM2H portal http://mm2h.gov.my