Search Articles

Find tips, tools and how-to guides on every aspect of property

More Than 30,000 MM2H Applications From Foreign Nationals Approved

test

More Than 30,000 MM2H Applications From Foreign Nationals Approved

KUALA LUMPUR, March 22— A total of 31,723 applications from foreign nationals from 126 countries to participate in the Malaysia My Second Home (MM2H) had been approved from 2002 until last year.

Tourism and Culture Minister Datuk Seri Mohamed Nazri Abdul Aziz said China recorded the most number of applicants with 7,976 followed by Japan (4,127), Bangladesh (3,399) and United Kingdom (2,361).

“In addition, there were 1,331 applications by Iranians, Singapore (1,258), Taiwan (1,175), South Korea (1,174), Pakistan (958), India (861) and other nations (7,103),” he said at the Dewan Rakyat Session, today.

Mohamed Nazri was replying to Loke Siew Fook (DAP-Seremban) who wanted to know the number of people staying in Malaysia via the MM2H according to their original country and the benefits from the programme.

He said the MM2H programme had contributed an estimated RM2.9 billion to the national economy last year through MM2H from the collection of visa fee, the opening of fixed deposits and purchase of residential properties.

Disclaimer: The information is provided for general information only. iProperty.com Malaysia Sdn Bhd makes no representations or warranties in relation to the information, including but not limited to any representation or warranty as to the fitness for any particular purpose of the information to the fullest extent permitted by law. While every effort has been made to ensure that the information provided in this article is accurate, reliable, and complete as of the time of writing, the information provided in this article should not be relied upon to make any financial, investment, real estate or legal decisions. Additionally, the information should not substitute advice from a trained professional who can take into account your personal facts and circumstances, and we accept no liability if you use the information to form decisions.

More Articles