Malaysia to lose over RM48bil if MM2H participants leave country, says Nazri


  • Nation
  • Tuesday, 28 Sep 2021

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.

Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!

Nazri Aziz , MM2H , Parliament

   

Next In Nation

Azmin has a tendency to ‘micromanage’, says Amirudin
Muhyiddin should assist MACC to locate son-in-law, says Fahmi
Explain why Kelantan can’t resolve water woes, Anwar asks PAS, Perikatan
Company owners to be charged with fraud in Tawau
Vincent Tan, Berjaya Land file RM200mil suit against Sanusi
Kudat MMEA detains two Filipinos for ferrying controlled items without permit
State polls: Talk about bringing down Federal Govt will not aid economic recovery, says Nik Nazmi
State polls: Don't miss out opportunities for a better life, Zahid tells Kelantan folk
Sanusi sues Saifuddin over REE theft allegations
Ipoh cops on the hunt for car thieves

Others Also Read