PETALING JAYA: Johor ruler Sultan Ibrahim Ibni Almarhum Sultan Iskandar is urging the government to review the new conditions set for the Malaysia My Second Home (MM2H) programme.
"The review was supposed to make things better. But, the new criterias are only going to drive investors and tourists away from Malaysia.
The Johor Ruler added that the government should revert to the programme's old conditions, since it has a proven track record of promoting the country as a retirement destination. “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,” His Majesty said.
The government has also introduced nine new conditions for those intending to apply for the programme, including that participants must be in the country for at least 90 cumulative days in a year to ensure they truly contribute to the Malaysian economy.
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