Kristin Surak: “It is nothing more than an electoral measure and has such a small impact that it is of no interest beyond the votes.”
Anthony Liew on new MM2H regulations: “Only 30% to 40% of the current MM2H holders would buy property in Malaysia.”
Dominic Volek: “This mass movement is a clear indicator of the shifting dynamics in global wealth and power.”
Vincent Fong: “The [MM2H] requirements may get more stringent over time. It is very likely after the one-year special edition is over.”
“Before, they would stay because they were making a ton of money in China. Now they’re not making as much money. So they’re like, why am I staying again?”
Investment migration people in the news this week.
Now nearly 7 times cheaper than the national version and with much more flexible presence requirements, Sarawak’s MM2H is thriving.
Investment migration people in the news this week.
Others may want to avoid “a further demonization of the ultra-wealthy,” Kosnitzky continues.
Officials propose to divide MM2H into “Platinum, Silver, and Bronze” categories. Agents association call for merger of MM2H and PViP.
Investment migration people in the news this week.
Investment migration people in the news this week.
“The rich will anyways get from point A to point B […]. So, removing the price they have to pay, it’s a lost financial opportunity.”
The quadrupling of the MM2H income requirement has caused a collapse in applications. “Those who now qualify have better options,” say agents.
Industry insiders, however, are not buying the figure, calling it “misinformation” and a practical impossibility.
“In a couple of years when programme awareness is likely increased, we think the country could attract over 1,000 applicants per year.”
Investment migration people in the news this week.
Citing “security threat” as the reason for the recent review of MM2H is unjustified, says the MM2H Consultants Association.
