MM2H is NOT a Retirement Visa Program Anymore

Описание: 277 | "Malaysia My Second Home", known as MM2H in the lingo, was introduced in 2002 as a retirement visa program. Sadly, it has now morphed into a residency by investment vehicle as evidenced by new fixed deposit tiers announced in mid-December. It is being reported by some that these new tiers are the only requirements in the "new" program. This is almost certainly not the case, so in this video I explain exactly what was announced and comment on what the changes actually mean for the future of the MM2H program. At the time this video is being published the government has not announced any changes to the proof of monthly offshore income or fixed asset requirements. However, as I mention in the video the nature of the MM2H program has changed; it is now geared to attract wealthy investors to Malaysia. It is no longer a viable retirement vehicle.

0:00 Intro
1:53 The buzz on the internet may be wrong
2:50 MM2H is for investment not retirement
3:30 Review of original MM2H requirements (2002)
5:39 2021 requirements
7:40 Recent changes to fixed deposit requirements (2023)
10:58 Review of all current and past requirements (chart)
11:40 Why did the government do this?
12:42 Nothing has changed...yet
11:33 The fixed deposit and inflation
16:18 MM2H only available to Chinese nationals for first year

CORRECTION: In the video I said that Evergrand Group was a developer in the Forest City project in Johor. Country Garden is actually the developer involved there.

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Email: [email protected]

#Malaysia #MM2H #MalaysiaMySecondHome #RetirementVisa #IB277 #residencybyinvestment