Ministerial takeover accelerated SMM2H: 1,901 approvals in 5 years versus 1,240 in previous 13 years under Immigration control.
Chinese nationals lead both the Federal and Sarawak MM2H programs, accounting for a total of more than 15k applications.
Chinese and UK applicants lead the pack as 450 successful applicants secure Sarawak RM90 mil in deposits ahead of the upcoming changes
Sarawak changes S-MM2H deposit threshold, income rules, new fees, and agent licensing criteria from January 1, 2025.
Malaysia now has four residence-by-deposit programs that let participants live anywhere in the country, but two of them have an 80% discount.
