MM2H nets RM1bil with stricter rules


Better quality wanted: Saifuddin Nasution wants to improve security lapses under previous MM2H programme. — Bernama

KUALA LUMPUR: The Malaysia My Second Home (MM2H) programme garnered almost RM1bil in net income in the past year alone despite its tighter conditions, says Home Minister Datuk Seri Saifuddin Nasution Ismail.

He told Dewan Rakyat yesterday that from 2015 to 2019, or prior to the Covid-19 pandemic, there were 3,900 applicants, resulting in an injection of RM958mil of funds into the banking system.

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Nation

Anwar slams criticism of Malaysia's humanitarian aid in Gaza
Meeting on Sabah's return of 40% revenue scheduled for Dec 19, says Hajiji
Bung’s son among four candidates identified for Kinabatangan, Lamag, says Sabah Umno chief
Ban on bringing pets into shopping malls remains in place, says Selangor exco
SMG wins big at CIDB Media Awards
Hannah thanks PM for new ministerial role, wishes the best to Youth and Sports Ministry
Cambodia, Thailand agree to attend Asean Foreign Ministers meet in KL, says PM
Court allows Sapura founder's son to file objection over hibah confirmation
PM tasks Media Council with recommending reforms for greater media freedom
LRT Mutiara Line: Partial lane closure at Jalan Sultan Azlan Shah, Tun Dr Lim Chong Eu Expressway

Others Also Read