Malaysia’s MM2H changes draw cautious welcome, questions among ex-pats
Al Jazeera
Southeast Asian country’s revised residency scheme comes after 2021 revamp significantly tightened eligibility.
Penang, Malaysia – For foreigners hoping to relocate to Malaysia or extend their stay, the announcement of new terms for one of the most coveted residential and retirement visas prompted mixed emotions.
Many ex-pats drawn to the Southeast Asian country, which offers a sunny climate, famed cuisine and a mix of Malay, Chinese, Indian and Indigenous influences, breathed a sigh of relief at the rollout of “relaxed” requirements for Malaysia My Second Home (MM2H).
But after nearly a year of anxious waiting for clarity about changes to the scheme, some prospective applicants were disappointed to see key details left unmentioned in the announcement earlier this month – including whether certain income and asset thresholds will need to be met, and whether applicants aged 50 and above are included.
“The new rules open up the visa programme to a lot more people although a few things are still to be clarified,” Andy Davison, the CEO of expat-focused publisher TEG Media, told Al Jazeera.
“High on the list is the required monthly income which is the biggest single obstacle for most people wanting to apply for the existing MM2H visa.”
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