KUALA LUMPUR: New participants of the Malaysia My Second Home (MM2H) programme in all three categories – platinum, gold and silver – are not eligible to apply for permanent resident status, according to Datuk Seri Tiong King Sing.
In a Facebook post, the Tourism, Arts and Culture Minister said the government has agreed to introduce new requirements for the MM2H programme.
“Through this new approach, the Tourism, Arts and Culture Ministry (Motac) is confident that the MM2H programme will attract prospective participants from the target groups, especially high net-worth individuals and digital nomads, to make Malaysia their top destination,” he said, Bernama reported.
Introduced in 2002, the MM2H programme allowed foreigners to purchase property and reside in Malaysia. It was temporarily frozen in August 2020 for the Home Ministry and Motac to review the programme.
Since October 2021, new MM2H applications have been handled by the Immigration Department, covering processing services and logistics.
Tiong also said Motac has started processing and approving MM2H Tourism Business Operation Licences based on the new conditions.
