KUALA LUMPUR: The country stands to lose up to RM48bil if the majority of the existing Malaysia My Second Home (MM2H) participants were to leave Malaysia as a result of its newly announced stricter requirements, says former Tourism, Arts and Culture minister Datuk Seri Nazri Aziz (pic).
He cited statistics which showed MM2H participants spent an average of RM4bil annually since 2018, adding that Malaysia should be inviting them to contribute to the nation's economy.
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