MM2H draws 7,650 applications, generates RM8.85bil in economic value

In the span of just over two years, the Malaysia My Second Home (MM2H) programme has generated an impressive RM8.85 billion in economic value, as reported by Deputy Tourism, Arts and Culture Minister Chiew Choon Man. From October 1, 2024 to August 31, 2026, the programme attracted a total of 7,650 new applications across various categories, including Platinum, Gold, Silver, and Special Economic Zone. The economic impact was substantial, with over RM5 billion in property purchases and RM3.82 billion in fixed deposits.

China emerged as the leading source of applications, with a significant 3,847 submissions, followed by Taiwan with 1,054, Hong Kong with 324, Singapore with 287, and the United States with 284. To further boost the programme's appeal, the MM2H One Stop Centre plans to organize overseas sales missions to key markets such as Hong Kong, Japan, and South Korea.

Chiew Choon Man emphasized the ministry's dedication to maintaining the programme's global reputation, stating that every concern raised by industry players and stakeholders is carefully considered. He highlighted ongoing collaboration with various ministries and agencies to address these concerns and find practical solutions. The ministry remains committed to regulatory compliance, transparency, and integrity in all aspects of the MM2H programme.