Reigniting MM2H


If Malaysia intends to be back on the international radar for investors, the revised MM2H programme must be reviewed and adjusted to be more attractive for retirees. — Reuters

THE Malaysia My Second Home (MM2H) programme, which was launched in 2002, hit a snag a couple of years ago when the government then decided to impose stricter conditions for foreigners wishing to make Malaysia their second home.

As we are aware, among the tighter regulation is the monthly offshore income requirement, which was raised from RM10,000 to RM40,000 per month, as well as the ability to exhibit RM1.5mil in liquid assets, compared with RM500,000 for those under 50 years of age and RM350,000 for those above 50.

Start your ads-free experience now!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Business News

Lower quarterly loss anticipated for Top Glove
Companies in building material sector deliver improved earnings
Tokyo seeks to expand semiconductor production
Sunview bags RM79mil Bulgarian job
Potential for SD Guthrie to ramp up its RE business
Plytec secures RM26mil contract
Revolut raises account limits on growing demand
Gamuda among top three companies in Asia
Poh Kong 3Q profit up 52%
TM, Singtel in data centre tie-up

Others Also Read