MM2H

The Malaysia My Second Home (MM2H) programme, recently revised by the tourism, arts and culture ministry (Motac), is forecasted to have a significant positive impact on the property sector, particularly in the high-end segment. This forecast comes from Hong Leong Investment Bank Bhd (HLIB), which has upgraded the sector's rating from 'neutral' to 'overweight.' A New Cycle for Malaysia's Property...

The revised guidelines for the Malaysia My Second Home (MM2H) programme have generally been welcomed by agents, though concerns remain about the mandatory property purchase requirement. These new conditions, announced by the tourism, arts and culture ministry (Motac), aim to stimulate the high-end property market while attracting genuinely interested participants. Balancing Benefits and...

Malaysia My Second Home (MM2H) Program: A Strategic Initiative to Boost Kuala Lumpur's Economy and Attract Global Citizens The Malaysia My Second Home (MM2H) program, recently revitalized and approved by the Cabinet, presents a strategic initiative aimed at attracting international residents and bolstering the local economy. Under the stewardship of Datuk Seri Tiong King Sing, Minister of Tourism, Arts...

An unexpected hurdle has emerged in the pursuit of Sabah's ambitions to introduce the Sabah-Malaysia My Second Home (Sabah-MM2H) programme. The Federal Ministry of Tourism, Arts and Culture (Motac) threw a spanner in the works, disrupting the diligent preparations made by the Sabah State Government. Minister of Tourism, Culture and Environment, Datuk Christina Liew, expressed dismay over Motac's abrupt...

Penang, often dubbed the Pearl of the Orient, enchants retirees with its seamless blend of historic charm and contemporary conveniences, underscored by a robust healthcare infrastructure. The rise of retirement homes in this picturesque locale reflects a society that values both tradition and modernity, providing a sanctuary for those seeking a serene yet stimulating golden age. Dr. Mastura Mohd Sopian, a...

The Malaysian real estate market is experiencing a revival of foreign interest, signaling a cautious yet undeniable rebound from the pandemic's impacts. Industry experts, including the Malaysian Institute of Estate Agents (MIEA) and the MM2H Consultants Association, point to the country’s affordability, lifestyle appeal, and strategic policies like the Malaysia My Second Home (MM2H) program as key...

In a recent announcement, Malaysia's Minister of Tourism, Culture and Arts, Tiong King Sing, highlighted significant issues and forthcoming changes within the Malaysia My Second Home (MM2H) programme. This programme, designed to attract long-term foreign residents to Malaysia, has faced challenges with some agents exploiting applicants by charging exorbitant application fees without guaranteeing...

In a strategic move to attract more foreign residents and revitalize its real estate market, Sabah has announced significant changes to its Sabah-Malaysia My Second Home (SBH-MM2H) programme. The most notable amendment is the reduction of the minimum age for applicants from 50 to 30 years, positioning Sabah as a more accessible destination for younger expatriates compared to the federal MM2H...

In a move that promises to usher in a new era of growth and prosperity for Johor, the state's Menteri Besar, Datuk Onn Hafiz, has expressed his gratitude towards the federal government for its decision to revise the Malaysia My Second Home (MM2H) programme. This adjustment is anticipated to not only invigorate the real estate market but also propel the economic development of the region to new...

Sabah is on the brink of welcoming a new era for expatriates and retirees with the impending launch of the revamped Sabah-Malaysia My Second Home (Sabah-MM2H) programme, set to roll out next month. Datuk Christina Liew, Minister of Tourism, Culture, and Environment, announced the final touches are being applied to the programme, promising a smooth application process for prospective residents. Final...