Importing your own car or buying a locally manufactured car under the “Malaysia My Second Home program” (MMSH) can be done with exemption of tax / duty. This document outlines the terms and conditions for exemption of these taxes. Should you have any questions regarding the “Malaysia My Second Home” program, please feel free to contact us, as we will be most delighted to assist you.

TAX INCENTIVES

The MMSH participant may import one motorcar which belongs to him/her from his/her country of citizenship or where he/she last domiciled. He/she will be exempted from paying import duty, excise duty and sales tax on the imported motorcar.

Or

The MMSH participant may purchase one new motorcar made or assembled in Malaysia. He/she will be exempted from paying excise duty and sales tax on the new motorcar.

TERMS AND CONDITIONS

1. The applicant is a participant of MMSH approved by the Immigration Department of Malaysia.

2. An application to import a motorcar from the participant’s country of citizenship / last domicile must be done within a period of six months from the date the MMSH visa is endorsed on his/her passport. The MMSH participant should be the owner of the motorcar as evidenced in the motorcar registration document prior to obtaining the MMSH visa.

3. An application to purchase a new motorcar made or assembled in Malaysia must be done within a period of one year from the date the MMSH visa is endorsed on his/her passport. Do not make an outright purchase of the motorcar before obtaining approval for tax/duty exemption from the Treasury. However, a booking for a motorcar may be made prior to obtaining approval from the Treasury.

4. Importation or purchase of a motorcar must be for personal use only and not for commercial use.

5. The MMSH participant is eligible for tax/duty exemptions for only ONE car.

6. Tax/duty exempted motorcars which are subsequently sold or transferred will be subjected to import duty, excise duty and sales tax according to the prevailing rates.

7. For the purpose of MMSH, a motorcar includes a saloon car, a multipurpose vehicle (MPV), a sports utility vehicle (SUV) and a 4-wheel drive vehicle. It excludes commercial vehicles such as vans, buses and lorries.