The state government has approved in principle the policies for the setting up of the Sabah-Malaysia My Second Home (SBH-MM2H) scheme. “The state cabinet has approved the policies which govern the prerequisites for participation in the programme such as age requirement, medical certification and a fixed deposit account in Sabah,” Minister of Tourism, Culture and Environment Datuk Christina...
The general reaction towards the government’s new Premium Visa Programme (PVIP) is positive but an academic feels that there is “confusion” over how Putrajaya wants to attract wealthy foreigners to invest and reside in the country. “Well, my hope is that the introduction of the new programme is a way to reform MM2H and to make it less stringent, as the requirements for this PVIP programme...
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