MM2H brings in RM8.85b in economic value in less than two years

The Malaysia My Second Home (MM2H) programme has generated RM8.85 billion in economic value within just over two years, according to a report by Malay Mail. The programme, which includes property purchases and fixed deposits, has attracted over 7,650 new applications across various categories. Deputy Tourism, Arts and Culture Minister Chiew Choon Man highlighted the programme's potential in boosting foreign direct investment, with China leading the applications followed by Taiwan, Hong Kong, Singapore, and the United States.

To further expand the programme's reach, the MM2H One Stop Centre will organize overseas sales missions to key target markets such as Hong Kong, Japan, and South Korea. Chiew also emphasized the ministry's commitment to regulatory compliance, transparency, and integrity to maintain the programme's global reputation.

Brief written by urgent.news from Malay Mail's own syndicated text. Machine-written — may contain errors; check the original before relying on it.