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 Migrating to malaysia

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rjb123
post Dec 31 2014, 01:13 PM

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Does he have money? He could open a company with RM500K capital and stay here depending on renewal of work permits.

I have a customer that was planning to do the same, but I've advised him to go to UK instead - easier to get citizenship there.
rjb123
post Jan 1 2015, 11:50 AM

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QUOTE(mingchan @ Jan 1 2015, 12:14 AM)
Like that really can work? Which country u know of easier to get citizenship other than uk ?
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Most EU countries are similar - I believe now you work there for 5 years and can take citizenship.

Canada isn't too difficult either.

As long as you have money and a viable business and can employ a few people it isn't that difficult biggrin.gif
rjb123
post Jan 2 2015, 06:48 PM

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QUOTE(mingchan @ Jan 2 2015, 04:57 PM)
Never heard of it before. can you please roughly tell me what does this programme does? thank you.
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MM2H is dependant on age

For example under retirement age (eg. less than 50 or 55) you must put RM600K in FD and have monthly income of no less than 12K if I remember correctly.

This grants you a 10 year visa, and FD must be placed during this period. Allowed to withdraw a proportion for medical expenses or property purchase.

Google it, not sure if my information is up to date - last looked at this a few years ago.

 

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