KUALA LUMPUR, Aug. 9 -- In recent years, a growing number of international celebrities, particularly from Hong Kong, have been investing in businesses and purchasing properties across Malaysia - a trend that coincides with the government's push to attract more foreign investors and long-term residents.
One of the key government initiatives is the Malaysia My Second Home (MM2H) programme, revamped last year with key changes including the introduction of a new tiered system. Its core purpose is to allow foreigners who fulfil certain criteria to reside in Malaysia on a long-term basis.
According to Tourism, Arts and Culture Minister Datuk Seri Tiong King Sing, the MM2H programme has managed to generate a total of RM839.9 million in revenue...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.