American not happy with MM2H new conditions

[@jry.....why.1605]

The Malaysian country must have a new government. This is worse than I expected. As a Malaysian, I feel sorry for you sir.

[@Edwin-fk4yy]

very soon, the current backdoor PM is scheduled to have an audience with His Royal Highness tomorrow and tender his resignation.

[@Glajdar]

@@Edwin-fk4yy - as long its not the communist party DAP

[@Edwin-fk4yy]

@@Glajdar it's not for you n me to decide but leave it to the wisdom of the YDPA.

[@Glajdar]

@@Edwin-fk4yy - the previous PN govt was also upon the wisdom of YPDA. Be consistent apek

[@Edwin-fk4yy]

@@Glajdar yes, agreed, but some mp with personal agenda withdrew support ,causing the callapse of the PN govt. So now the interview process has to restart.

[@drakkus13]

Malaysia needs a new better government, that keeps to their promises. As a Malaysian, I feel your pain and I truly feel sorry for you Sir.

[@wht8349]

You are so naive and didn't know who is the gigantic culprit behind this drastic changes！

[@ATrainTravels]

Foreigners will have a major Nasi Kandar withdrawl soon...🇲🇾❤

[@raytvmy]

Where are you now? We missed you

[@tinglestingles]

Mr A Train! How’s it going?

[@greenarmy1982]

Indeed ✌️

[@kayellai5278]

There would be some adjustment. But... that does not mean the Nasi Kandar taste going to deteriorate, neither the Ramly burger memories will fade. People will still come for it. Maybe as tourist this time, not on MM2H. Yummy...

[@raymond2704]

Hopefully, with more complaints from those who are disappointed, the government should revise the tough new conditions under MM2H. As a Malaysian, I truly sympathise with you because I am certain that very few will be eligible under the new conditions.

[@sallieceelee5660]

Hopefully they make the requirements much more stringent henceforth. We don't want a flood of foreigners who think they are welcomed here. Once they are here, it's not easy to be rid of them...

[@galaxymetta5974]

@@sallieceelee5660 Educate yourself. There is no flood as only 50k foreigners took up this program. Foreigners are not a liability as they do not work here. They buy houses and spend giving business and jobs to Malaysian. That is why Malaysia government set a target of 300k foreigners.

[@sallieceelee5660]

@@galaxymetta5974 I have. That is why I know there are serious repercussions in letting foreigners set up base here. It is not only economics. The whole colonial process started when the Sultan of Kedah allowed some foreigners to set up a small base on Penang. We know how that ended up with the British colonizing us. And prior to WWII, Japanese spies set up residence in various parts of Southeast Asia, feeding intelligence to their home country, contributing to the successful Japanese invasion. Rich foreigners are a real potential threat in this sense, because their money blinds many to their potential threat. You see, liability and cost should not be measured in terms of money alone. That's being simple-minded.. Even in terms of economics, foreign contributions are insignificant. Let's not make ourselves dependent on them for our economic growth.

[@tankman20064]

It ok. Bagala come no problem

[@miaflyer2376]

@@sallieceelee5660 - Yes, yes it's your country and we are packing to make room for more illegals, migrants and refugees. All the best to you. Cheers.

[@Nor-zv3ik]

Hope malaysia government control mat engrish ke atau mat sepet negara besar ke yg nak beli tanah atau rumah utk retirement.. duk molek² kt negara sendiri dh la.. bagi paha nk betis alehaleh rakyat malaysia susah.. ambil kesempatan dkt rakyat kita pula

[@p.a.ch.3861]

Just one particular issue that makes me very angry is that they do not honour the previous or existing MM2h holders whom deem to be expired at some time in future. We , the current mm2h residents are no longer Renewable ( as they offered ) , i.e. start fresh again to pay the new fees which are 6 times higher. All those new rules just do not make sense to the new applicants and certainly the previous one. which semi well governed 3rd world would not dare to honour the previous contract....? only Bolegh malaysia. my anger has passed and digested , my past 24 hours was searching for my next civilised home ; " go where you are treated fair and well . I would not miss malaysia except its one season weather .

[@fusionbrand]

They have changed the rules in the middle of the game. Not fair, and not right.

[@sallieceelee5660]

Hopefully they make the requirements much more stringent henceforth. We don't want a flood of foreigners who think they are welcomed here. Once they are here, it's not easy to be rid of them...

[@RUHappyATM]

Malaysia tried a money grab...and it backfires. Just today, I read that applications has fallen 90%. Looks like the gov't doesn't want foreigners bringing money into M'sia. Oh well, its M'sia' loss. (I'm don't understand why these new requirements apply to those already granted the original MM2H And seriously, if I have RM40,000 monthly, I have other countries to choose from).

[@horatioc1568]

Dear Barry, as a Malaysian.. i would like to apologize for all the trouble that our stupid government have done... I do hope you enjoy your stay here in Malaysia. Malaysia is a great place to stay, it is just the stupidity of our politician have no boundary....

[@horatioc1568]

@@razr8468 you obviously have no idea what is mm2h compare to those illegal migrant and refugee.

[@brandonwoo8299]

@@razr8468 no wonder Malaysia dint go anywhere...it s because we have tones of dumbass.😂

[@gerrelldrawhorn8975]

When I was younger I recall when I'd Amin did something similar with Europeans and South Asians. They rescinded visas and said get out. I crashed the economy, ruined lives, and generally spawned a violent crackdown on opponents to Amin's lunatic policies. In some ways this is even worse as MM2H ONLY brings foreign earned capital into the country. You can't work in Malaysia on the visa, you can't actively manage a business, it's all foreign £ converted to Ringgit, spent locally. Can I explain it...except that it's motivated by the same psychopathology that motivated Idi Amin? It makes no economic sense for Malaysia or Malaysians. What happens when 20,000 plus MM2H recipients ask to pull their RM 150K to 300K Fixed Deposits out of the banks. That's a RM 1 billion outflow from the economy right there. That money stabilized the currency market for the Ringgit which will depreciate and trigger inflation. The housing market wil be glutted with homes and condos stifling construction and development. And yes...the word of the Malaysian government, who doesn't carry over visa promises for renewals will be looked at as a sign of instability by investors. They've not only spoiled the MM2H "brand" but also the a"Malaysia" brand with this. And sadly it's like Pandora's box. Try and shut it once announced.

[@chutorosushi1925]

@azd sil is one example of malay ignorant.. Who nv been outside the world. And think they are the best race in this country

[@hagarhagar2695]

@@razr8468 it is your kind of backward thinking that is pull Malaysia into this current state

[@jmse4956]

I'm not American, but here with the MM2h program and contribute to the local economy full time. The new conditions if implemented, means need to move to neighboring countries. The intl school, restaurant, apartment, etc will have 1 less family. Hope feedback can reach the government.

[@deandut]

Malaysia lifting an ever larger stone that will smash its own feet

[@iamgreat1234]

@@deandut Just try attack Malaysia.hahaga

[@samumobile5744]

From singapore lots of singaporean got burns we will let go our property when thing got better and buy in batam

[@sallieceelee5660]

Hopefully they make the requirements much more stringent henceforth. We don't want a flood of foreigners who think they are welcomed here. Once they are here, it's not easy to be rid of them...

[@miaflyer2376]

@Sam Sparklebot - Malaysia has a much bigger problem than self funded MM2H visa holders, namely your straight up corrupt government, the likes of convicted master thief MO1 and his clique of cunning kleptocrats who've been ripping off the rakyat for decades with impunity. And you're worried about small fish like the MM2Hers...? Give us a break.

[@MalaysiaTravelGuide]

I'm also American and will not reknew under the new terms. Even if they drop them, I will not dare buy property/invest $ here - far too risky! I am very comfortable in Indonesia - more than happy to relocate or spend more time there as they are making things easier for foreigners...

[@dry5555]

I'm thinking about moving to Indonesia now, maybe Medan? Where do you recommend? I'm not interested in Bali but somewhere where there is a nice expat community.

[@sallieceelee5660]

Hopefully they make the requirements much more stringent henceforth. We don't want a flood of foreigners who think they are welcomed here. Once they are here, it's not easy to be rid of them...

[@tinglestingles]

@@sallieceelee5660 Mr copy n paste - how many times with the same comment?

[@fishingdad88]

@@dry5555 Bandung is quite a nice place. Weather is more favorable too. Good luck.

[@fishingdad88]

For those considering Indonesia, Bandung is quite a nice place. High elevation makes the weather cooler and it’s also a great shopping destination. People are friendly too.

[@ahpaint]

I lived in KL for 7 years and loved it, a super place. In that time I nearly bought on 2 occasions. So pleased I did not buy now…. The government basically has removed MM2H

[@kayellai5278]

I am happy that you enjoyed your 7 years stay. Malaysia is one of the best rated retirement country to be in. I think your complaints is from your bank account. I do agree the incompetence government need to do some adjustment, in a way that it suits your financial status to be attractive enough.

[@peaceman9706]

@@kayellai5278 of course the chicks here even though educated they love retired money men

[@gu411230]

Interesting take on the newly introduced MM2H program. One very important factor to consider for anyone wanting to 'live' or 'retire' in any country is the political stability. The revamped MM2H program indicates how 'unstable' the country is, given the almost Draconian and Extreme changes that was introduced. It feels as if there is a disconnect between the regime that originally introduced it and the current regime that came up with such preposterous 'demands'. Mostly, the argument at the moment is not even about the newly introduced 'inflated' 400% monthly offshore income (they probably don't understand the principle of moderation). One of the biggest contention are those who have been living there, bought homes, married, have children etc. They have invested millions in properties, schooling, and expenses over more than a decade. How can someone on a retirement pension of 10,000 ringgit a month when they moved to Malaysia 10-15 years ago suddenly expect their offshore income (basically their pensions) to have quadrupled? It's sheer nonsense. Or could it be a disguised ploy to get rid of them? The existing participants should be excluded from the new ruling for starters as they did not sign up for this level of expectancy. That's half the battle won. However common sense is not too common unfortunately with the current policy makers who posses very poor judgement and have no understanding whatsoever of world economics. For USD10,000 a month I doubt one is limited to Malaysia. They will bring where their money is appreciated. It is truly third world mentality in every sense of the word and what a laughing stock they must be to the rest, especially that of the neighboring countries; who no doubt will reap the benefits of the MASS exodus. This no longer bear any resemblance to that of a retirement program but more of a pay 'us' and you can stay program. Extremely short sighted.

[@noordinm]

Not short sighted. We don't want you

[@alexmagnum7235]

@Zhong Xina, King of Bing Chilling You have obviously no idea what you are talking about. Europeans choose MM2h because their 3-5 EUR pension allows them to live comfortably in Malaysia. Everyone making RM10K a month and can park 150/300K in a bank account adds to the economy. Nobody is spending 40K a month on groceries. Malaysia is not Monaco. With that money Europeans have absolutely no reason to take up MM2h. Portugal, Spain will be a prime destination. The 1% cap is a Nationalists thing. Even if you half the current fees it would never attract that many foreigners and if it didn't get 0.2% it certainly won't reach 1%.

[@gu411230]

@@alexmagnum7235 Well said ...just ignore the strange remarks from Zhong as he/she is not up to date with the latest information and still referring to the OLD program.

[@gu411230]

@El Che Just ignore Zhong as he/she is obviously not up to date with the latest developments and still referring to the old program.

[@p.a.ch.3861]

yes , you hit the bull's eye. rules and conditions change in every sense of life , however , not honouring those " to be renewals " ! i could find a correct word to say... even Mafia and gangaster societies honour their words and principal. some of you have suggested that a soon new governments would review the mm2h which do not believe . In fact during the " temperory years of holding off the mm2h applicants " the 3 departments were " competing within " to take control of the new mm2h policy , namely the Home Affair , The Tourism , and the Immigration.

[@neale3871]

Sadly the ecomomic damage will be done quietly. The damage to people's lives and trust in Malaysia will never recover. I spent 3 years and thousands of pounds trying to get this visa, now it seems a waste of both, due to nonsensical new criteria. I'm not able to show £6,800 monthly income nor am I willing to put £170k into a fixed deposit account in a country where the ringgit currency drops by 5% a year. With a 10 year visa I'd buy a property. With only 5 years probably not.

[@gurusekolah4318]

Sorry , hopefully the goverment will take action fast

[@geodarnodan6750]

Malaysia is not that good any way. Can try Singapore, Thailand.

[@sallieceelee5660]

Hopefully they make the requirements much more stringent henceforth. We don't want a flood of foreigners who think they are welcomed here. Once they are here, it's not easy to be rid of them...

[@neale3871]

@@sallieceelee5660 The MM2H Programme was created by the Malaysian Government to attract foreigners and foreign investment not the other way around. They don't get permanent residency nor voting rights.

[@sallieceelee5660]

@@neale3871 Like most things the Government does, it's not necessarily the best for the country. In the context of the MM2H Programme, the negative effect of this program for Malaysians is the driving up of property prices, way beyond what locals can afford. There is a glut of unsold properties in Malaysia now, because when the MM2H program was started, developers started to cater to the niche market of rich foreigners, and focused on luxury properties which was beyond the means of ordinary Malaysians. And they reduced the scale of affordable housing, because it has become less profitable. Even with the glut of unsold properties in Malaysia (despite many Malaysians still in need of homes, but can't afford it), the property prices had not gone down (to enable locals to buy), because developers still cater to foreigner market (because the MM2H program allows them to sell to foreigners at the expense of locals). So, it is understandable that Malaysians want a reduction of foreign residents and property owners, as that will force the market to correct itself. So more stringent requirements are definitely welcomed.

[@geodarnodan6750]

With the requirement of monthly salary RM40000, do u think people with such high income would choose Malaysia to live? They would go to other better countries. Press like, if u agree.

[@burung81]

the MM2H is very good program. Retirees come with their spending power to stay and this bring economy to local community. It is big win for malaysia. The home they bought is atas one so normal malaysia property wont be affected.

[@kayellai5278]

That is the initial goal but some foreigners manipulated it. Hence, came the new ruling.

[@InternationalBigshot]

@@kayellai5278 Manipulated it how? This is never explained.

[@cherylfankhauser6963]

This is my home - I want to stay here too. But if this new program comes on line I'm out of here.

[@fusionbrand]

@El Che Me 3

[@NON-2022]

@@fusionbrand me 4, most unfortunately...

[@JPGraf]

Me 5 - unfortunately

[@LODEH08532]

Fikir masak masak

[@tanzoutlet6359]

I can't believe the requirements, I mean if somebody had $10,000 income a month in the US or £7000 in the UK why would they wanna now leave? Or how can they maintain that income if they are planning to retire? That's just impossible. I think there is more to this, something is just not right

[@KeepingItRealBro]

For one you can live tax-free in Malaysia. That alone is reason enough to be based there, Not so many choices on the planet, Malaysia ranks decent among the options.

[@yihtorng]

@@KeepingItRealBro not so decent after this right

[@sallieceelee5660]

Hopefully they make the requirements much more stringent henceforth. We don't want a flood of foreigners who think they are welcomed here. Once they are here, it's not easy to be rid of them...

[@John-us9rm]

@@sallieceelee5660 your wish is already granted. More ghost will join your mm2h in your new hantucity 😆😆😆

[@yazhari3589]

@@John-us9rm which means a massive drop in house pricing , a good news to the locals actually. Now the developers have to please the locals more

[@tokabah4798]

We only want genuine well-to-do individuals to live in Malaysia confortably. We do not welcome penniless foreigners especially those illegal ones. Our government has to support them; food shelter,etc. The government has to implement stricter rule to check on the inflow of worthless foreigners comming into our country. We are not a welfare nation for foreigners. This is to safeguard the interest of our citizens in the long term.

[@hamishliu9671]

There are 57000 people with MM2H status in Malaysia, if they lose trust and leave they will withdraw the deposit of 11 Billion ringgit at least. The government set a minimum requirement if they purchase properties with 1 million rm above. If they are forced to leave I don’t know what’s the consequence for banking, real estate, education industries? I am sure the government bought out the new policy never think of the devastating outcomes. Question is simple can we afford to let them go? Swap them with refugees or illegal immigrants?

[@iamgreat1234]

Malaysia population keep increasing each year. We no longer need foreign voters.

[@Edwin-fk4yy]

@@iamgreat1234 hello, did you read the MM2H programme properly before you comment? MM2H does not mandate the Malaysian government to grant citizenship to them. It is only granting a 10-year visa stay(old programme). The participants cannot get any govt benefits as the locals do, from public-subsidised medical service to public education, let alone the rights to vote.

[@shaungibson4772]

@@iamgreat1234 Foreign MM2H holder cant not vote. you need to get your facts right first.

[@LODEH08532]

Salah ke bantu orang pelarian Moga palestine beroleh kemenangan dari zionisan

[@doc8863]

How many Malaysian would be able to meet the new conditions? Very very few I can imagine. It will just drive all foreigners out and that will make some nationalists happy but destroy the country eventually. Very short sighted for for just short term political gains

[@bldomain]

How many Malaysian would be able to meet the new conditions? -HOOOOOI! this is MM2H for foreigners. Jeez.

[@yeyonghe]

I hope that MACC scrutinize these policy makers to determine whether they personally profit from it if they ever reverse this policy in the future. What I mean is, this policy will lower the price of houses. As policy makers, they shouldn't buy low because of this policy and sell high when they reverse this policy later. This one I think MACC should conduct an investigation to determine.

[@kkkkkk464]

it depends on what is actually the goal of promoting this MM2H.. for me, let the current existing applicant enjoy the status quo of previous agreement & only focus new agreement for new applicant..i understand sometime some country including Malaysia have to tighten the rules due to some internal security loophole issues surrounding the project that after they review it, it found out that it might have potential of being dangerous, & by doing so will causing a collateral damage of innocent people..this american guy is one of the collateral damage victim of stricter rules but then, its all up to government to review what is the actual goal of promoting this project..all i can say it that either u focus on rakyat, or u busy collecting money from foreigners who want to make your country the second home..sometime u can't win both..even Singapore didn't aim at winning both..that's why there were many also foreigners including westerners who avoided choosing Singapore as second home due to high cost of living & strict rules

[@martin4911]

Been reading the terms few days ago. Damn gov are so stupid…

[@sallieceelee5660]

Hopefully they make the requirements much more stringent henceforth. We don't want a flood of foreigners who think they are welcomed here. Once they are here, it's not easy to be rid of them...

[@polyglotkevin]

I had been looking at Malaysia since it came up on so many 'best places to retire' lists. This new policy will remove it from everyone of those lists. This is very much a case of the Malaysian government shooting themselves in the feet, and at the same time a total slap in the face to the people who had faith in the Malaysian government like the gentlemen who posted this very coherent and sincere video.

[@kayellai5278]

Nothing change. It is only your bank account complaining. I agree that the Malaysia government have to re-design something that tailored to your financial status.

[@jat9757]

the new conditions set r absolutely riduculous!

[@sallieceelee5660]

Hopefully they make the requirements much more stringent henceforth. We don't want a flood of foreigners who think they are welcomed here. Once they are here, it's not easy to be rid of them...

[@jat9757]

@@sallieceelee5660 why u don't like foreigners? What makes u so narrow minded? By the way u been to overseas b4?

[@sallieceelee5660]

@@jat9757 History had shown that there are serious repercussions in letting foreigners set up base here. It is not only economics. The whole colonial process started when the Sultan of Kedah allowed some foreigners to set up a small base on Penang. We know how that ended up with the British colonizing us. And prior to WWII, Japanese spies set up residence in various parts of Southeast Asia, feeding intelligence to their home country, contributing to the successful Japanese invasion. Rich foreigners are a real potential threat in this sense, because their money blinds many to their potential threat. Therefore, it is welcome news that the Government is making it more difficult for foreigners to set up base here..

[@zerowaste8643]

Who would still apply for MM2H under these new rules? What is the attraction any more?

[@sallieceelee5660]

Hopefully they make the requirements much more stringent henceforth. We don't want a flood of foreigners who think they are welcomed here. Once they are here, it's not easy to be rid of them...

[@kagl2468]

@@sallieceelee5660 You take back the Malaysians around the world ,especially in Australia, we will take back the Australian's. I think it will be a ratio of 5 to 1 of Malaysians in Australia.

[@sallieceelee5660]

@@kagl2468 It's not my job to do that. It's the job of governments to legislate and enforce... You can lobby the Australian and other governments, if you wish..

[@kagl2468]

@@sallieceelee5660 Our Government is corrupt ,so we are stuck with people like Malaysians that have no interest in making Australia a good place to live.

[@sallieceelee5660]

@@kagl2468 So you do understand why it is not desirable to have foreigners residing long term in the country, right?

[@asterisk911]

I'm like 98% certain that the changes have a very simple reason: anti-Chinese sentiment.

[@vapourkl5324]

This stupid rules are applied towards all foreigners, not just china.

[@jasonleong7]

What has anti Chinese got to do with this?

[@gandalfthewhite2252]

@@jasonleong7 too many Chinese from mainland i believe.

[@hann659]

@@vapourkl5324 The primary reason is to stop the Chinese from coming. This has been very clear when the PH government took over. It was the government that suspended MM2H. Anyway, the final rule has not been released. I don't think it will ask for 10k USD monthly income from above 50s. It is basically handcrafted to stop the young Chinese, because this is the group that made the PH government so furious. As for 1.5m MYR of liquid asset, seriously, if you do not have this amount of money, you cannot really live for more than 10-20 years in the open south east asia countries, which are expecting you to spend above their middle income citizens. How do I arrive at this conclusion? I have been looking around for alternative places of residence too (I am a Malaysian). To live in Thailand for just 6 months every year, you need 2m MYR. Why is it so short? Because i want to avoid the compulsory high insurance premiums. Only those who intend to rely on future work or business income will claim this amount is not necessary. But MM2H and the Thai retirement visa are not for these people. They are supposed to get an investor or work visa, not a retirement visa like MM2H. In any case, a retirement visa like MM2H is not for a person to sell everything in home country and completely relocate to Malaysia. Just like I must keep my home in Malaysia when looking for an alternative residence in Thailand. You have to be ready to go back to your own place, whether at the end of the visa duration, or kicked out during a pandemic like this. It is a long term visa, not permanent residence. Well, even permanent residence does not guarantee renewal, and I experienced this myself.

[@vapourkl5324]

@@hann659 I don't think its about stopping the Chinese (China) from coming into Malaysia. The government was probably thinking the new MM2H criteria will increase revenue for Malaysia. Of course, it will badly backfire once implemented. AND If the Malaysia government is stupid enough to follow through the new MM2H requirement, then its just a matter of time they will reverse it (after damaged done). In the past, the government reverse, reinstate and reversed english medium in schools countless times. that's just one example. policy come and go here. I think, the best way to retire is hold liquid assets and rent if your in a foreign country. unless you have obtained a citizenship and have your family rooted there then its fine to dump everything in Malaysia and leave for good. BTW, what it has to do with the Chinese that made PH so furious in your statement above ?

[@JoyceVirginia]

Only the government happy by their own actually 😡

[@p.a.ch.3861]

they just shoot at their own feet without knowing why 😱 perhaps the monkies at Batu Cave could tell them

[@azmard4865]

Live up to the foreigners' expectation than Malaysians itself. Nice bastard.

[@litatwong3077]

Being Malaysian, I must apologise to you at 1st. Our government always make mistake especially each time a new Prime Minister went up. Hopefully the department do realise this issues. This is conditions are really ruined the reputation of Malaysia.

[@azmard4865]

Is this a Chinese forsaking their nation just so they can live up to the western's expectation? What?

[@danzaini5787]

@@azmard4865 confirm laaa 😂

[@hafeezhozali4786]

We don't have the president here only prime minister sorry just correcting.

[@danzaini5787]

@@benjaminstephen97 go and migrate to other countries bro then you’ll know.

[@litatwong3077]

@@danzaini5787 I knew better than you. I am living other country but I love Malaysia.

[@nguyenhong8558]

Quran 4:59 There is still so much blessing in the country.May Allah bless this country more...With inherited history and tradition of Islam ,the overall culture is kindness, respect, merciful.The nurse and doctors and staffs at government hospitals are so kind and gentle. The facility is good , the Internet is not the cheapest but surely among the better,the environment is green, clean,many forest reserves ,still alot of primary forest reserve in big cites and the food prices are relatively cheap. Countless blessing... While the whole world is coming to the end, the evil seems to prevail,the ultimate win belongs to the muminoon.May Allah bless the country and the ummah.

[@maxmanesh1529]

this will for sure hurt malaysian international relationship with other countries.

[@pgb4223]

I live in Malaysia, have done for 15 years, and agree with the majority of the comment's here. I think the reasoning goes much deeper, and in the long term will have little effect on Malaysian economy, just think about this the majority of MM2H participants, don't live here permanently, and therefore contribute little to the economy, also the current situation in South China Sea area is probably playing apart in this. An alternative may be move to Sarawak, they have their own MM2H program, nice place.

[@geodarnodan6750]

I come from sarawak, i would say its a very boring place. I have transferred to Penang for work, i would say penang is the best place in malaysia.

[@sallieceelee5660]

Hopefully they make the requirements much more stringent henceforth. We don't want a flood of foreigners who think they are welcomed here. Once they are here, it's not easy to be rid of them...

[@simont8249]

@@geodarnodan6750 Boring in your view. Many still love Sarawak for relaxing and more harmony community. Sarawak is developing fast now. You can stay in Penang for the rest of your life.

[@BB-ec4ss]

Don't listen to Peter, we don't want an influx of expats here, although it is very nice! 😊

[@InternationalBigshot]

So what if they don't live there permanently? It costs the government nothing if people apply, pay the fees, are accepted to the program and then do not actually live there. Yes, it would be better for the economy if they did live there but there is no burden on the country if they don't.

[@razor13muay]

The Malaysian gov must me consistent to what he deliver and keep the promise

[@sootuckchoong7077]

What is the new condition??? Is it that foreignors cannot stay in Malaysia?? I don't understand.

[@hassanulhadi1335]

@@sootuckchoong7077 haah i don’t understand too

[@babibrain]

As a Malaysian I feel sorry for all my international friends living in Malaysia. I am certainly oppose the decision made by the home minister changing the MM2H to unreasonable requirements. Home minister should immediately revise and take into all the consideration before coming out a new requirements for MM2H. Foreigner who live abroad has many options, why Malaysia is choosen is because of the affordability. For those who applied MM2H, the term should be remain the same and shouldn't have ang changes. For new MM2H application, new requirements are applied however it shouldn't be unreasonable unaccessible.

[@sallieceelee5660]

Hopefully they make the requirements much more stringent henceforth. We don't want a flood of foreigners who think they are welcomed here. Once they are here, it's not easy to be rid of them...

[@akifiskandar4186]

@@sallieceelee5660 What you prefer, Banglas and Rohingyas compared to high earning expats. Singapore will make a run for their money. Kiss our dreams to make our country better goodbye then.

[@sallieceelee5660]

@@akifiskandar4186 I prefer foreigners don't make it a habit of overstaying their welcome, regardless of their economic status.

[@future4407]

Hope houses price will drop after this

[@kingmaster8615]

nop. it couldn't happen. as cost of building material is up sky rocket high. even a cardboard already much higher. they may opt not to develop for time being. when product new launch, you gonna crazy with the price.

[@AG-so4gl]

Couldn't agree more. I was hoping to switch from my EP visa to MM2H, not now under these conditions. Thailand just moved up a notch on my list. I guess there's always Sawarak MM2H

[@AG-so4gl]

@El Che same principle, much less funding, of course location specific

[@ChrisLohKL]

Firstly, UEM is not the government, having said that, I can truly understand why they government put such a tough requirement. This is to protect local purchaser....if ex-pats buy up all the affordable homes, what will happen to the local purchaser? what will happen to the developers? Having said that, there are a lot of overhang properties in Selangor itself, perhaps can make a new ruling to make it a win win situation? Like a relaxed ruling if overhang product is purchased instead?

[@enchesoyaregaliaatriadelig5951]

Well said bro... Too many foreign @ss kisser here... The job of the govt is to protect the interest of it's people, not the outsiders... With the money they had, they literally live in an average lifestyle back in their country...

[@valentinorossi7771]

@@enchesoyaregaliaatriadelig5951 Then why don't you kick out all foreigners. Hold on to your depreciating currency. Your Pension fund is invested in our stock exchange. Yes NYSE. Therefore you should send the money out of USA and nvest in your domestic market.

[@valentinorossi7771]

Expat can't buy property less than RM1 millions which is fine with me and that is to protect the local purchasers. Judging by your name lots of your "fellow citizens" have migrated to the developed countries so I recommend that they be kicked out and returned to Malaysia.

[@ChrisLohKL]

@@valentinorossi7771 If you have the means to convince your parliament to do so, by all means go ahead. We are not even discussing migration issue here. If you don't like the country laws, we are not asking you to stay and abide by it. Btw, when we migrate to your country, we don't ask to lower your house to suit our needs do we? Lastly, I did state not everything is perfect and certain changes should be considered but th one thing we dont consider is having a racist.

[@valentinorossi7771]

@@ChrisLohKL In short your understanding of language to be able to digest my entire rant is poor. GO back and learn English before you start applying to immigrate to USA.

[@speyevsspeye7940]

You'll find out it's not ur home, when they snap their fingers, you'll go by those rules or leave. You didn't really specify any of the changes either. By the way most of the countries around here are moving to a style where they only welcome people who are in top levels of wealth, not people who are 'looking for something affordable'

[@deborahlee7496]

Malaysia can't even afford to look for only top level people. At this rate, no one is going to be interested or eligible and it is yet another downfall for our struggling economy.

[@jasjas-rm9kc]

Will people already there and retired be grandfathered in, using the old requirements? In any event, I'm not sure what they were thinking. Do they realize that the new requirements are beyond the means of 99% of the people who might want to retire to Malaysia? Sure, some people can afford it, but those people are already living in Miami Beach or in Monaco.

[@ezekiel7131]

1. I feel sorry on behalf of our country.. 2. Feel disappointed as well with all policies changes without any explanation and logic... 3. Still wanna believe government must be carry their own reasonable agenda....but, they need to convince and treat fair to all.... 4. Our fren spokesman here , hope at least u love this country but not the way government manage at this moment of time.... 5. We do a senator from opposition start sound out unreasonable amendments mm2h..... 6. Tq for loving Malaysia and sound out for betterment of Malaysia....

[@RescueHam]

Understand if MY gov thinks they have enough forigners already and raise the bar but it's unfaire to apply this to already settled ones,

[@chiewata]

My friends from Hong Kong had been looking forward to apply the MM2H but with this new requirements everything gone bust and they now decide to choose for another place, he is not the only one infact there are many like him, frankly I don't know what's wrong with those guys who set these requirements, either their feet not on the ground or the smoke some thing else

[@geodarnodan6750]

It's a pity. One reason HK people move to Malaysia is because of the affordable big house in malaysia. Most HK people have never live in bungalow in their whole lifes, with the price of a small condominium in HK, they can buy two bungalows in malaysia!

[@wht8349]

Hongkie is the first target Malaysia Gov't want to stop under pressured! Go and think about why and who exert the pressure to the Province head of Malaysia. Even many EU prime minister & President dare not say no to who?

[@geodarnodan6750]

@@wht8349 your english is very weird. Can't exactly understand the second half of ur questions.

[@sallieceelee5660]

Hopefully they make the requirements much more stringent henceforth. We don't want a flood of foreigners who think they are welcomed here. Once they are here, it's not easy to be rid of them...

[@seahlk]

@@sallieceelee5660 weirdo

[@booaks2980]

Malaysia needs a new pm now.

[@powerlinkers]

sarawak still offers the same old programme

[@sallieceelee5660]

Hopefully they make the requirements much more stringent henceforth. We don't want a flood of foreigners who think they are welcomed here. Once they are here, it's not easy to be rid of them...

[@RaimonTarou]

@@sallieceelee5660 foreigners from developed countries attract outside businesses and investors here which is good for the economy, you small minded buffoon.

[@sallieceelee5660]

@@RaimonTarou Wherever their origin, whatever they may bring, good or bad, more stringent regulation is always wise when it comes to foreigners, whoever they may be.. And if they want to reside in the country, they must respect and abide by the current rules, like everyone else... No special treatments...

[@RaimonTarou]

@@sallieceelee5660 nobody said anything about treating foreigners with special treatment or the law not applying to them, wtf.

[@sallieceelee5660]

@@RaimonTarou So are we agreed that they need to follow the current rules if they want to reside in this country?

[@jeffcsl75]

Absolutely agreed with u as I am a Malaysian too. It is ridiculous as a Visa program but not PR. I wouldn’t want to apply it with new policy if i am a foreigner.

[@azmard4865]

A Malaysian? You mean a pendatang that never respects the constitution and plan to get out from Malaysia asap which is why the label "pendatang" persists?

[@jeffcsl75]

@@azmard4865 For those who can spend more time to improve their knowledge and competency rather than fill up with rasicm, then everyone can be intelligent and rich.

[@sultonamangkabumisekeperha8218]

Benda² macam ni cuma gula² je tarik perhatian bila sampai masa nak tersempit dia akan sembelih. Rakyat Malaysia biasa kena cuma tak sedar je.

[@basbosaize]

I hv a small business here in malaysia which is mainly about import raw materials process it and export it overseas So we make a good amount of money from export and the return mostly spend in malaysia But for a while now as a foreigner things hv became a bit difficult There are many companies like mine Some already left some still operating I hope that the new Gov will be a bit considered As decisions like this will shake off Ppl trust in the Gov and in the country at general

[@al16899]

Many current MM2H holders are also unhappy with the previous PN governments crazy stupid MM2H rules!

[@seanngan4605]

unfortunately the new government will be about the same, what a disaster!

[@aniqaliq7291]

i hope the government will do something about this isuue..isnt not we need people coming in malaysia not moving out of malaysia...honestly , we malaysians especially the minsters are lack of commonsense when come to making decision...where logic is not taken into an account!!!!

[@snwlooner]

Govt spent 250 billion MYR on stimulus last year. On top of that rising inflation (is a tax btw). This is how things are just that they chose to prioritize taking it out on expats.

[@syebayip-creativedirector247]

More voices on this please...many of our foreign friends are facing the same problem

[@sallieceelee5660]

Hopefully they make the requirements much more stringent henceforth. We don't want a flood of foreigners who think they are welcomed here. Once they are here, it's not easy to be rid of them...

[@NOUR-xb1rx]

Bagus lar control sikit kemasukkan orang luar...Malaysia sekarang destinasi utama orang luar untuk bersara...satgi anak cucu tak tahu kemana..orang luar yang bersepah..

[@dex9634]

Leklu

[@dragonniz]

MM2H ni program golden Visa namanya. Yg nak ditarik masuk adalah org yg cerdik pandai & berpendapatan tinggi. Lagi ramai org berkualiti, lebih bagus untuk negara kita. Yang patut dikawal & diketatkan kemasukannya adalah org yg rendah kualiti - mungkin low skilled, bermasalah rekodnya dll.

[@NOUR-xb1rx]

@@dragonniz what u mean low skilled, budak2 negara jiran yang kerja kilang/ladang pun ada jer yang ada ijazah yang ada pelajaran...nak harap orang Malaysia bukan nak kerja kat ladang2/kilang2....rekod tak cantik tu betul...pucuk pangkal pergaulan depa kat sini bro..kdg2 kat negara sendiri ok jer..datang negara orang buat onar...buat rumah/ kondo mahal2....end up penuh orang asing..depa yang dok membeli...

[@ChefOntheway]

I have the opinion that Malaysia must easy requirements for get citizenship there for hard workers skilled workers and medium hight class persons.. Those who will make contributions to malaysia economy and communities.. Millionaires are the only one that now can fill requirements and I believe these people not only are not so interested but also they usually take but not give or buy or contribute to other countries.. Malaysia is a great country and deserve people who love the country and care for it .. Also for foreigners migrants or refugees; I think they must work legally under government watch and pay taxes may be higher than local people instead of be doing nothing or working illegally like I read in some news .. Some new laws and regulations can really push Malaysia in to a better international destination and with more productive economy .

[@flyinghedgehog3833]

Bill Gates Elon musk. Richard branson. Yeh they queuing up to grab this mm2h thing ! Just wait . I heard Warren buffet is also seriously considering leaving Omaha for this amazing deal !

[@TheCheck3]

Also gsoros

[@tomatotom984]

Kisah apa aku

[@the_struggler963]

😂😂😂Mat salleh ni nak semua murah......buat apa nak manjakan mat salleh yg mata wang mahal tu

[@Patrick-wr9bg]

Why do we need care about what American think lol? We have handful of problem ourself

[@socialawareness1643]

Come to India, we have good apartments in India. We can even connect to with citizenship status. We have beautiful apartments in Bangalore. Very Affordable apartments. When you on visa, your living status is fickle.

[@socialawareness1643]

@Ho Li Fuk let me guess , you are chinese ? Covid guy Dah!!!

[@socialawareness1643]

@Ho Li Fuk it tastes like international sanctions on chinese covid

[@buburbibik]

The new conditions will be reviewed by the home minister after loads of complaints from the existing holders. Hope there will be good news for the existing holders really soon

[@sallieceelee5660]

Hopefully they make the requirements much more stringent henceforth. We don't want a flood of foreigners who think they are welcomed here. Once they are here, it's not easy to be rid of them... The Malaysian Government should work for the interest of Malaysians, not pander to the wants of foreigners..

[@buburbibik]

@@sallieceelee5660 Just get lost. You are really racist. Confusing between illegal immigrants and genuine people who have invested billions in the country. You should be the first person we get rid first!

[@gbot9000]

I can’t believe you all don’t see what’s so obvious. They truly don’t want you in their country. Do they need to put it on a blimp for you? I lived in Malaysia for 8.5 years and even though I was massively connected it was still a major operation just to shoe horn me in to be able to stay there. They want your money and what you can do for them as well as the prestige of you having been there but that’s it. Once that is extracted your dried out husk is to be exported out of the country.

[@MalikiHasan]

MM2H was not meant for retirement plan for foreigners. It is meant for tourism and investment. It doesn't seem logical to allow just any foreigner to live in any country without expecting return to the country itself.

[@NON-2022]

Johor Sultan: New MM2H conditions too restrictive, will drive foreigners away Quote: Sultan Ibrahim said the new revisions are very negative and it was ridiculous to subject existing MM2H pass holders to the new conditions. When we continue to flip-flop on conditions, how can we promote Malaysia as an investment destination? he questioned. Sultan Ibrahim said the government should be more compassionate to foreigners who are keen to settle and make Malaysia their retirement home. When you keep shifting the goalposts, foreigners will lose confidence in Malaysia. This is not the right time to raise fees. Let us help put Malaysia back on the world map as the best place to live for high net-worth foreigners. Drastic changes like this will tarnish our image and will make us a laughing stock of the world, he warned. Long-term MM2H visa holders are said to have invested nearly RM12 billion in the economy since 2002. They reportedly spend around RM10,000 a month, with many having purchased high-end properties in Johor. jabatan imigresen putrajaya: Come ooooon lah, your Majesty, calm down lah... who gives a f... ? it's all about few tens of billions $$$$ Malaysia boleh, LOL!!! 😉

[@fantasticfour9778]

Forest City will come crashing down. 😊

[@NON-2022]

@@fantasticfour9778 Maybe, who knows... anyway, hopefully it will affect only "Forest City" and not a big chunk of the malaysian economy. Otherwise, I'm afraid it won't be "that funny" to any of us...

[@fantasticfour9778]

@@NON-2022 thanks to Najib Malaysia is in debt with the CCP China. These people are coming in by the plane loads .His Majesty has a finger in the pie too Why cant the Govt just says welcome all foreigners except the Commis. Oops!! The money lender will come after them .

[@AHMADKAMALZUBER]

It will be changed soon. Come Monday , our silly PM will be out of office for good. Your concern will be taken seriously and whatever promises done will be reinstated for sure.

[@samjones6603]

Sadly it wont matter if it is changed, the damage is done, people will not have faith in the program. I was planning on joining the MM2H program but even if the changes are reversed I will not be joining.

[@Edwin-fk4yy]

@@samjones6603 I understand your concern, well, Malaysian govt has always been on "flip-flop" mode or U-Turn when it comes to policy making. The policymakers are all sleeping on their jobs without conducting " Market Research".

[@Wendy-dm5ox]

Change or not, this country is going to nowhere by general observations. Already on self destruction mode, sorry to say...

[@ronyrai5119]

even though they will change , trust cant be rebuilt in investors .. policy need to made once and shouldnt be keep on changing after some years by new governments .. anyways anything happens in life is always for good .. Many investers got saved and definatly old investers will move soon .. never is too late

[@chandravythilingam3647]

My advice get out while things are have way decent , not sure what the future will be if these current batch stay in power , plenty of options out there , maybe a blessing in disguise

[@sallieceelee5660]

Hopefully they make the requirements much more stringent henceforth. We don't want a flood of foreigners who think they are welcomed here. Once they are here, it's not easy to be rid of them...

[@sharlaigneleo639]

How could i put these in words. Is it better for malaysia to be flocked by illegal migrants or to those who come legally with all thier wealth invested in malaysia?which of these two are beneficial to malaysia i prefer the latter.

[@kanamasai5194]

I agree whole heartedly with all your points. I am even more disappointed; because my Government has been short-sighted and stupid. This change will affect the reputation of the Malaysian government. What they (the Malaysian government) does NOT understand is that it also affects the reputation of the ordinary Malaysians. We (ordinary Malaysians) can clearly see this change is ill-planned and misguided. The Malaysian government does not understand that damaged trust/confidence cannot be repaired.

[@denniswoo9334]

Not only American, all others also.

[@angxiang3186]

So you know a term “roti prata”; policies changed as easily as flipping the roti. Singaporeans learnt from 1990s++ of Malaysia stock exchange CLOB issue.

[@LODEH08532]

Tambak johor takot nak roboh kan Beli air mentah johor harga takok lame Macam lah bagos sangat

[@snifey7694]

im sorry as a Malaysian, if the parliament would get around this problem for its tourism economy, it'll be a bit of relief soon or never

[@noname-pg2wl]

Those illegal immigrant not even need a documents to enter Sabah easily ..

[@hkl7432]

Have to change to new government already.

[@bojitselamanya8786]

Malaysia needs to stop take from Bangladesh, Pakistan, China India.

[@the_struggler963]

Well as you can see......America want other to change for them......but they doesn't want to change for others.......what a hypocrite.....stop meddling with other country policies.....

[@galaxymetta5974]

Check out Sarawak which has a long standing program similar to the old my2h. You can still stay in Malaysia via the sarawak program as they have independent residency requirements that only require a short stay in sarawak.

[@miaflyer2376]

Be careful going down that rabbit hole, because "autonomus" Sarawak is still on the big leash of the federal government and their SMM2H program is also just a long term vacation visa without protection of laws but just "rules" subject to change as in West Malaysia. And after all this MM2H upheaval can you really trust this FEDERAL government in your golden retirement years?

[@win398]

I guess I'll be moving to Montana instead of Malaysia...

[@sallieceelee5660]

Hopefully they make the requirements much more stringent henceforth. We don't want a flood of foreigners who think they are welcomed here. Once they are here, it's not easy to be rid of them...

[@royhiu794]

Perhaps you could consider Sarawak-MM2H? The terms and conditions of S-MM2H are more suitable for retirees in my opinion.

[@betongbodykit2921]

ya Sarawak got their law. need to read more or someone can make a video on it.

[@techguy1038]

Would you really want to be in that part of Malaysia? There is a travel warning "Eastern Area of Sabah State". Sarawak is not in the same area, but still too close for my sake.

[@vwchan841]

OMG, I feel terribly for you. Hopefully, there is enough outcry from not only current/prospective participants but also from all of the Malaysian industries that will be severely impacted should there be a masse exodus from the program as a result of these draconian guidelines. And to think some consultants were hired to review and improve the program!!!! What were they smoking??? Sure, Malaysian has every right to taylor the program to its liking but does it need to ramp up the requirements so much? if the concern is that too many Chinese have been applying, well, frankly under these rules that will not change. Perhaps a quota system does need to be deployed or different standards should be applied for different countries. Let's not ruin a good thing!!!!

[@marukisan]

Yes you already know why Malaysia Goverment need to review this policy as to give the fair treat to all applicant and makes sure the quality of foreigner coming here...Don't be someone like Jho Low who cheated everyone and move to Malaysia and enjoy their living here due to low cost of living..

[@nabilahhalimi8745]

Tak. Kenapa mereka nak retire kat Malaysia. Tinggal kat negara sendiri kan bagus. Ada family, saudara mara, kalau sakit boleh pergi hospital kerajaan sendiri, banyak benefit duduk kat negara sendiri sebagai warga negara. US tu punya la besar, mesti la ada banyak tempat-tempat yg best. Nak suasana aman damai duduk kawasan kampung.

[@simont8249]

Sebab u bukan orang America. Otak u lain.

[@Nocturnalgamer87]

Hey, what is ur problem? Don't like it here go retire in your own country.. is this what ur saying? Ok, u asked why so let me educate u a little. Malaysia is a destination for these expats because of our relatively low cost of living, tropical climate and general stability. From 2002 to 2019, Malaysia has generated 11.89 billion ringgit from this program. This money had been directly injected into our economy and this is the point. They are not staying here for free and this is a symbiotic relationship. If you change the conditions abruptly and these people leave, it will only impact our economy. The mm2 program needs to be reviewed periodically with the interest of both parties in mind as this is a symbiotic relationship. Not a parasitic one.

[@yggdrssil00]

Thanks for making this video, Hope this will get the attention of the new government. The new policies is just too sudden

[@fridayrobot3923]

What for staying in Malaysia????? Better stay in ur country,I dont kniw the needs for living here,just because you want to retire here

[@vishnudas1907]

Can someone please explain to me what is the new policy that's giving a disadvantage compared to the old one?

[@LODEH08532]

Earlier one u need deposit rm 150k but now u need deposit rm 1 million

[@lyhs0219]

Come Singapore, singaporeans welcome you to exploit them. 😂

[@haqrahim]

I agree with u....policy MM2H is terrible with incompetent people running the administration...Me too and group of other foreigners feel betrayed by this unimaginable policy...i will move to Indonesia soon

[@sallieceelee5660]

Hopefully they make the requirements much more stringent henceforth. We don't want a flood of foreigners who think they are welcomed here. Once they are here, it's not easy to be rid of them...

[@Gattberserk]

Indonesia also same with new stupid law like cannot stay in opposite sex in the room or you go jail even as a tourist. The indonesia gov is more F**K than the msian. Basically, avoid all Islam run countries

[@MC-nu5bl]

New rules should never affect existing MM2H holders, even when renewing should follow the old rule, now the trust is completely gone! How can the gov persuade new comers to believe they are being protected? who would like to apply now, settle down for retirement life, and still have to worry being kick out of the country later, simply because they don't have the fat pay cheque every month. Plus, imposing living requirements but couldn't lead to permanent residence or citizenship, this is the first.

[@mayfoo02]

I am so so sorry about this. Let's hope with a new government in place, this could be addressed.

[@sallieceelee5660]

Hopefully they make the requirements much more stringent henceforth. We don't want a flood of foreigners who think they are welcomed here. Once they are here, it's not easy to be rid of them...

[@marukisan]

Government should control the approval so that the program will be given to those who are highly qualified..

[@getsmartpaul]

I didn't hear you discuss your backup plan ? go to Vietnam, Thailand, Phillipines ? Back to USA ? Also, did you discuss what were the reasons for this strict program ? Are Expats causing problems for locals ? etc.

[@Wille02]

Sir... there is no good or benefit to anyone in this country due to that backdoor government

[@bayumalam7096]

Tel Aviv is a better alternative

[@peterthermocline]

Please wait, l heard they may backtrack, please do not let it develop Stress for you. Everything in Malaysia, Boleh.

[@johnsonjohnson129]

You guys indeed have to look into the policy again. They do possess asset, pay tax, work locally and contribute to our national economy. Adequate restriction on MM2H group is enough to ensure economical stability. Thailand is increasingly more open to foreigners but we are the terbalik one. So if you guys play play like that and apply some kind of funny funny and infeasible standard on them, you try and see la ha. It might not have obvious effect immediately since their amount is less only. But this policy will certainly affect decision making of future foreigners who might consider to stay here. And the impact on our economy in future will be long term if majority of them is educated and skillful individual. Malaysia is becoming less and less competent than other SEA countries unlike before. Think on that la ya..

[@lindadorman2869]

They should have, at the very least, grandfathered in existing MM2H visa holders on the terms originally agreed upon. Even if they re-work the new rules, who will trust anything they say going forward? I was planning to retire to Malaysia in late 2022 but no longer qualify under the new program. So I have decided to relocate to a different country on my short list. I anticipate I am not the only one who has decided to go elsewhere.

[@arenabola8134]

I'm sorry to hear that.. Sincerely from Malaysia 🇲🇾

[@the_struggler963]

Wow Malaysia will be country of old foreign people🧐.....isn't west is the best place to live😂

[@waisee80]

One of the many blunders from PN.

[@love76076]

hope the stupidity of this government stops and put in charge some capable people to govern this country !!!

[@xovleader7142]

i think you don't know, this as on july 2020 foreigner and mm2h are not allowed to do 20 types of business in Malaysia, mm2h are not allowed to open company account as a signatory director

[@KironManuelCards]

The Malaysian Government has changed.

[@michaeltang864]

Welcome to Malaysia....pandai main Roti Canai? PKPDDDPDPDPDPDPDPDP

[@bklm1234]

I saw a video saying real estate developers rather build expensive housing. Do MM2H holders contribute to this but there’re only 50k-60k of them? It could be other people also buying expensive properties. Anybody knows who can buy properties in Malaysia?

[@KeepingItRealBro]

Anyone can under certain conditions, which vary from state to state (usually minimum purchase price). But developers are touting their properties with added benefits of mm2h, which now will not be possible.

[@yewjin6107]

May want to consider MM2H Sarawak. Policy is also rather stable in Sarawak.

[@alikonuk1232]

Sarawak will not follow the federal government new mm2h policy?

[@yewjin6107]

@@alikonuk1232 Sarawak MM2H has been an independent scheme all this while.

[@Edwin-fk4yy]

@@alikonuk1232 Sarawak government has autonomy on immigration according to the Malaysia Agreement 1963. The Federal govt cannot interfere.

[@bklm1234]

I would think even if SMM2H doesn’t change, the peninsula government will continue to allow SMM2H holders to live on the peninsula.

[@gerrelldrawhorn8617]

@@bklm1234 I think the States determine who can own land, where and the minimums - thus Penang sets their own policies about what the floor is for foreigners buying property - they even have a different floor in Seberang Jaya (Wellesley) vs. the island. You don't need a visa to buy property. It's just getting access year round to that property which MM2H(or SMM2H) offers. And renting is largely between you and your landlord. No minimum. Some landlords want proof that you have a bank-account, or have met the income criteria of MM2H (rather than running a check themselves), but Sarawak MM2H would be just fine for that. Showing that you have RM10K coming in monthly (the Sarawak requirement for the Visa) would be more than sufficient to show you can afford to live in Malaysia.

[@BLE9007]

Malaysia has this reputation of coming out with programs, then changing their mind and moving the goal-post as and when they like... What they don't understand is, people who got into this program are of certain age and plan to retire here... No wonder Malaysia does not look attractive to my foreigners for living or investing here... Although I am a Malaysian myself, I do feel sorry for those who got duped into this Malaysia my second home program...

[@jerrodtham]

I have no comment on the MM2H programme but as a Malaysian myself, this country need to improve a lot of aspects before able to attract foreigners to stay here. Look at Singapore, Australia and New Zealand. Follow their steps.

[@MrAndre.]

I'm trying to understand the problem here. How will this new mm2h program affect existing mm2h participants? Is this new mm2h program only for new applicants?

[@gerrelldrawhorn8617]

No just new...but all those renewing. Going back a decade and asuming 10 year visas that means initially 2000-3000 current holders each year will be affected. I suspect those who have been here a decade will be more likely to have settled and have bought a condo or home. Even if that's only 10% that acquired property that means in 2022 about 200-300 people will be unable to qualify and live in their home, virtually over night. 1800-2700 will be able to drop their leases and be able to move elsewhere where they can afford much more reasonable visa.

[@pedroswlee]

me also MM2H holder.... next time of renew it, have no money... have to sell my house here....OMG!!