“We Want More Quality Foreigners” Says Home Minister On MM2H Situation
Hamzah Zainuddin says he will also discuss with Sabah and Sarawak to standardize the MM2H conditions for the whole country.
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Home Minister Datuk Seri Hamzah Zainuddin said that the Federal government is amending the requirements to make sure that candidates for the Malaysia My Second Home (MM2H) program are composed of those who are of quality and able to contribute to generating the national economy.
Existing MM2H holders may consider flexibility from meeting current policies such as the requirement of ownership of a fixed deposit account of at least one million and a maximum withdrawal of 50% allowed on the principal value for the purpose of purchasing property, health, and education of children, etc.
Home Minister Datuk Seri Hamzah Zainuddin
However, for all new participants, they need to comply with the new MM2H policy to ensure that MM2H participants in Malaysia are truly genuine, high quality and able to make a positive contribution to the country’s economic growth.
READ MORE: Thousands Of Expats And Foreign Investors Set To Leave Malaysia Under MM2H New Requirements
Sabah, Sarawak have their own provisions but Home Ministry wants to iron it out
The difference in MM2H program policy and immigration rules between the Peninsular and Sarawak and Sabah is because Sabah and Sarawak have special provisions as outlined under Sections 64 and 65 of the Immigration Act, according to the Home Minister.
To manage immigration matters related to the entry of foreigners, and the period of stay of foreigners in these two states, he said, the state governments of Sabah and Sarawak can adjust the conditions of program participation for the purpose of issuing social visit passes.
However, I and the states of Sabah and Sarawak will sit down and discuss this matter so that we can adapt this program for the whole country so that there are no more two different conditions between the Peninsula, Sabah and Sarawak.
Home Minister Datuk Seri Hamzah Zainuddin
Home Minister looking to improve on other immigration programmes as well
Meanwhile, he said that those who come as investors, that is under different programme altogether and Hamzah added that the government is looking at improving that as well.
Because in the past, the investors who came can invest RM100,000, form a company and we gave a lot of visas. That’s something that we will look into to ensure security in the country because there are people who abuse all the visas that were issued, either a long-term visa or an MM2H program.
Home Minister Datuk Seri Hamzah Zainuddin
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