KUALA LUMPUR: Malaysia's open-door policy has also brought tremendous gains, with foreign residents contributing over RM84.2bil annually to the local economy, says the Housing and Local Government Minister.
Nga Kor Ming said that international property buyers, expatriates, Malaysia My Second Home (MM2H) visa holders and nearly 200,000 foreign students now form a growing community that fuels investment, creates jobs and supports inclusive growth.
