Chinese nationals are the highest number of active MM2H pass holders, at 44 per cent (24,765). This is followed by individuals from South Korea (4,940), Japan (4,733), Bangladesh (3,604), Australia (9,265), and the United Kingdom (2,234). In addition, there are more than a thousand current MM2H pass holders from Taiwan, the US, Singapore, and India.
In order to increase participation and promote the arrival of tourists and foreign investors in Malaysia, (the Tourism Ministry), in conjunction with the Home Ministry and the Immigration Department, are currently fine-tuning and outlining each proposal to improve the requirements of the program, taking into account input and feedback from stakeholders and industry players. This is according to the Minister of Tourism, Arts and Culture.
He explained that among the conditions examined are age eligibility, financial ability, minimum residency period, MM2H pass period and ease of residential property ownership. And after the plans are finalised at the ministry level, the new conditions will be brought to the Cabinet for approval before being implemented.
This is a better development and possible boost for fund inflow. We need to encourage eligible young and not so young people to come to Malaysia to work, do business or just retire and enjoy the country. Let’s not get hyped by racial or religious issues on this!
Reference:
Chinese nationals hold highest number of active MM2H pass holders, Rittika Choudhury, The Sun, 13 March 2024
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