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.

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