New MM2H terms will cause great exodus, survey shows

New MM2H terms will cause great exodus, survey shows - Hello loyal readers FeedGoogle, In the article you are reading this time with the title New MM2H terms will cause great exodus, survey shows, We have prepared this article well for you to read and take information in it. hopefully the contents of the post Article Malaysians, what we write you can understand. Alright, happy reading.

Only 2.26% of survey respondents said they could meet both the new conditions of RM40,000 offshore income and the minimum RM1 million fixed deposit.KUALA LUMPUR: Many Malaysia My Second Home (MM2H) pass holders may pull out from the programme and head elsewhere, especially Thailand, if the government insists on new conditions announced on Aug 11.Malaysia My Second Home Consultants Association (MM2HCA) president Anthony Liew told a press conference today that surveys conducted with TEG media and the Japan Club of Kuala Lumpur (JCKL) found that most MM2H participants do not meet the new RM40,000 offshore income requirement.In a TEG Media survey with 925 respondents (mostly from Western countries), only 21% of them reported being able to meet the minimum offshore income requirement, while 44% would be able to meet the minimum RM1 million fixed deposit requirement.Only about 2.26%…