PETALING JAYA: The outcome of a review of the Malaysia My Second Home (MM2H) programme will be known within two months.
This review was previously announced in April, following concerns raised that MM2H requirements had been too strict.
Tourism, Arts and Culture Minister Datuk Seri Tiong King Sing said it would take one or two months to obtain approval from various ministries before the latest conditions on MM2H applicants could be finalised.
“Let us finish the whole structure first, and we will let the public know,” he said when contacted.He said the ministry was aware that foreigners keen on the MM2H had been dismayed by the criteria that they would need to have a fixed deposit of at least RM1mil (up from RM300,000 previously), liquid assets of at least RM1.5mil (previously RM500,000) and a…
