KLUANG, March 14 — The government has decided to amend several requirements for the Malaysia My Second Home (MM2H) programme to attract more foreign participants to the country.
Deputy Prime Minister Datuk Seri Ahmad Zahid Hamidi said among the amended requirements is the mandatory fixed deposit amount, which has been changed to three categories — platinum, gold and silver.
“We will also, in cooperation with the Immigration Department, facilitate the application process. (Applicants) will receive approval after the forms are filled out according to the requirements within three working days.
“The properties purchased by participants cannot be sold before reaching a maturity period of at least 10 years, in addition to visa extensions (for participants) every five years,” he said to reporters after attending the “Majlis Santunan Kasih Ramadan” programme at the compound Masjid Jamek Pekan Layang-Layang, Simpang Renggam here tonight.
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He said other facilities would also be provided to participants, including in terms of education and schooling options for their children in the country. — Bernama
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