Temporary freeze of Malaysia My Second Home programme | EdgeProp.my
KUALA LUMPUR (August 4): The Malaysia My Second Home (MM2H) programme is temporarily frozen to enable the Ministry of Tourism, Arts and Culture (MOTAC) to comprehensively restudy and reevaluate it.
According to a statement from the ministry today, the move is also in line with the government’s decision of still not allowing the entry of foreign nationals into this country due to the COVID-19 pandemic.
“Among the matters to be studied are the conditions, incentives and comparisons with MM2H-like programmes in other countries such as the Citizenship by Investment (CBI) or Residence by Investment (RBI).
“During the MM2H freeze period, MOTAC as coordinator of the programme is unable to process new applications forwarded to it. This takes into consideration that processing of the MM2H applications involves various ministries and agencies which are also impacted by the temporary freeze.
Tuesday, 4 August 2020
Temporary freeze of Malaysia My Second Home programme | EdgeProp.my
Do you want to share?
Do you like this story?
YOU MIGHT ALSO LIKE
Subscribe to:
Post Comments (Atom)
RSS Feed
0 comments:
Post a Comment