HEADLINES

New MM2H regulations to be announced soon: Tiong

Tiong says with new regulations, companies or agents providing MM2H should give the best service to uphold Malaysia’s good name

5:11 PM MYT

 

KUALA LUMPUR – New regulations for the Malaysia My Second Home (MM2H) programme have received the cabinet’s approval, with its details to be announced soon, said Tourism, Arts and Culture Minister Datuk Seri Tiong King Sing.

“The new MM2H regulations are already approved. If possible, we would announce it today,” he told reporters at the Tourism Malaysia Overseas Office Marketing Action Plan Enhancement Session programme today.

Tiong said that with the new regulations, the companies or agents providing the MM2H programme should give the best service to uphold the country’s good name.

The MM2H programme was introduced in 2002, allowing foreigners to buy property and live in Malaysia for an extended period. It was temporarily frozen in August 2020 to allow the Home Ministry and Tourism, Arts and Culture Ministry (MOTAC) to comprehensively review and reassess the programme. 

Since October 2021, the Immigration Department has handled all new MM2H applications, comprising matters related to processing existing applications and logistics.

Meanwhile, Tiong said his ministry would hold meetings with the Finance Ministry and Transport Ministry together with tour bus operators in July to find the best solution to the problems faced by the operators.

He said the meeting would, among others, also be a preparation for the Visit Malaysia Year 2026 programme. – June 14, 2024

Topics

 

Popular

Petronas staff to be shown the door to make up losses from Petros deal?

Source claims national O&G firm is expected to see 30% revenue loss once agreed formula for natural gas distribution in Sarawak is implemented

Feathers ruffled over hornbill flap – Joseph Masilamany

Why getting Sarawak’s state bird right matters more than you think 

Over 23.6 million to benefit as new electricity tariff kicks in July 1

The Energy Commission has set a new average base tariff of 45.40 sen/kWh for RP4, slightly lower than before, bringing overall electricity costs down by up to 19% compared to the previous regulatory period

Related