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 More than half of MM2H participants not renewing, bye bye $$$

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TiramisuCoffee
post Sep 30 2021, 11:52 AM

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QUOTE(DarkAeon @ Sep 30 2021, 11:50 AM)
why u surpized? u think our govt is transparent?
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Cos v = democratic ? bangwall.gif
Taikor.Taikun
post Sep 30 2021, 11:53 AM

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QUOTE(xCM @ Sep 30 2021, 10:15 AM)
what outcome did govt expect?
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More zakar naik, more dhaka mafia, more javanese... we r 1 big family
iGamer
post Sep 30 2021, 11:57 AM

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QUOTE(damonlbs @ Sep 30 2021, 10:17 AM)
People bring in $$$$ they don't want them to come here

But bungla come here n sending out $$$$ they don't mind
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Without Bangla/Myanmoi our manufacturing sector probably closed down andmoved out to other SEa countries.
Stop looking down at Bangla yet worshipping MM2H foreigners.

This post has been edited by iGamer: Sep 30 2021, 11:59 AM
mrg220t
post Sep 30 2021, 11:58 AM

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QUOTE(iGamer @ Sep 30 2021, 11:57 AM)
Without Bangla our manufacturing sector probably closed down andmoved out to other SEa countries.
Stop looking down at Bangla yet worshipping MM2H foreigners.
*
Sohai Bangla come here take our money send back to Dhaka la bongok. You go see how much they remit back every fucking month.
MM2H foreigners take their money from outside and spend here. Which one is better for overall economy bongok.
Kagekiyo
post Sep 30 2021, 11:59 AM

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Great, out with the high skilled workers and retain the poor skilled locals.

The prospect of 2025 roadmap to a "high income nation" seems brighter than ever with majority of locals skilled only in selling food at the roadside.
SUSKarl Jung
post Sep 30 2021, 12:00 PM

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Can't imagine if last last it is only China PRC that could afford. Lol.

The effort was to weed out China but last last only China remain. LOL.
sky2006
post Sep 30 2021, 12:00 PM

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Another way to look at it is another half of the participants have the financial capability to renew it.

Is it good or bad? Depend on how you look at it


Henry T
post Sep 30 2021, 12:02 PM

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We are very good at driving people away. 😁


Afterburner1.0
post Sep 30 2021, 12:02 PM

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dont worry still got pak arab and pak lebais from arab nation.... hidup arab!!!!! Arab boleh! Arab Kaya! Arab selamanyaaaaaa
kelvinlym
post Sep 30 2021, 12:02 PM

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What the fuck? MM2H is not for pelabur la. They are mostly retirees. They don't really bring money to invest. They have to put that money in FDs only. It doesn't have a large economic impact besides maybe increasing the value of real estate in a few desirable areas.

Sigh, some people really stupid. Very hard to argue with stupidity.

This is not about investment, it's about retroactive application of regulations on current visa holders. Furthermore, with short notice! It's these kinds of flip flop knee jerk policy that investors large and small shun Malaysia!

Why can't these people understand that businesses and investors crave stability regardless of how stupid the policy is!

The same with the bumi equity policy. If you state it clearly in law and engage the stakeholders, business can plan around it. Not suddenly change here change there!

Shitty policymakers are just massaging their egos. Good luck Malaysia!

This post has been edited by kelvinlym: Sep 30 2021, 12:03 PM
kidmad
post Sep 30 2021, 12:03 PM

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QUOTE(damonlbs @ Sep 30 2021, 10:17 AM)
People bring in $$$$ they don't want them to come here

But bungla come here n sending out $$$$ they don't mind
*
yah man.. and top kek still got ppl who doesn't get it like the guy sharing his thought.. damn bapak bodoh.
iGamer
post Sep 30 2021, 12:04 PM

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QUOTE(sky2006 @ Sep 30 2021, 12:00 PM)
Another way to look at it is another half of the participants have the financial capability to renew it.

Is it good or bad? Depend on how you look at it
*
Non renewal can also due to pandemic movement restriction.

Msia infection rate and number so high ktards really think those MM2H still interested to stay here? Not to mention we have the longest lockdown compared to most countries.
SUSredic
post Sep 30 2021, 12:05 PM

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see your PM's face also scared already


alanyuppie
post Sep 30 2021, 12:05 PM

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QUOTE(sky2006 @ Sep 30 2021, 01:00 PM)
Another way to look at it is another half of the participants have the financial capability to renew it.

Is it good or bad? Depend on how you look at it
*
LOL. its like when rampant robbery in a housing area with 50% already fallen victims .

Another way to look at is " the other 50% still safe and continue living there with no fear".


kidmad
post Sep 30 2021, 12:06 PM

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QUOTE(kelvinlym @ Sep 30 2021, 12:02 PM)
What the fuck? MM2H is not for pelabur la. They are mostly retirees. They don't really bring money to invest. They have to put that money in FDs only. It doesn't have a large economic impact besides maybe increasing the value of real estate in a few desirable areas.

Sigh, some people really stupid. Very hard to argue with stupidity.

This is not about investment, it's about retroactive application of regulations on current visa holders. Furthermore, with short notice! It's these kinds of flip flop knee jerk policy that investors large and small shun Malaysia!

Why can't these people understand that businesses and investors crave stability regardless of how stupid the policy is!

The same with the bumi equity policy. If you state it clearly in law and engage the stakeholders, business can plan around it. Not suddenly change here change there!

Shitty policymakers are just massaging their egos. Good luck Malaysia!
*
dude what u talking man.. if there's something you don't want and that has to be the lower tier foreign labours. These retires coming into our country at least they are not snatching the rice bowl of the B50/B60. u ada paham ker tak?

Now instead of them renting and occupying properties which already being curb - if you do not know some state 500k props only they can buy some 1m.. this stupid initiative will further empty out shoplots to home which malaysian couldn't afford to begin with. bangau.
kidmad
post Sep 30 2021, 12:08 PM

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QUOTE(sky2006 @ Sep 30 2021, 12:00 PM)
Another way to look at it is another half of the participants have the financial capability to renew it.

Is it good or bad? Depend on how you look at it
*
question is.. if their community shrinked down.. why do they want to renew? Just fyi... they move in groups as well. these retiress they are nomads.. they live in countries which gives them the best perk.
iGamer
post Sep 30 2021, 12:09 PM

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QUOTE(kelvinlym @ Sep 30 2021, 12:02 PM)
What the fuck? MM2H is not for pelabur la. They are mostly retirees. They don't really bring money to invest. They have to put that money in FDs only. It doesn't have a large economic impact besides maybe increasing the value of real estate in a few desirable areas.

Sigh, some people really stupid. Very hard to argue with stupidity.

This is not about investment, it's about retroactive application of regulations on current visa holders. Furthermore, with short notice! It's these kinds of flip flop knee jerk policy that investors large and small shun Malaysia!

Why can't these people understand that businesses and investors crave stability regardless of how stupid the policy is!

The same with the bumi equity policy. If you state it clearly in law and engage the stakeholders, business can plan around it. Not suddenly change here change there!

Shitty policymakers are just massaging their egos. Good luck Malaysia!
*
Yup, most MM2H is no investors. I opined that they contribute to inflation for prop and other prices than benefiting normal peasants. Only certain business bosses gain from their present here.

I recall prop price hike happened when Najiiis started this MM2H shit. Prop price hike spill over to non MM2H prop as land banks market is not isolated. Everything is inter-linked.
code10
post Sep 30 2021, 12:09 PM

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And own politician would say "......we are being selective...."
sky2006
post Sep 30 2021, 12:10 PM

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QUOTE(alanyuppie @ Sep 30 2021, 12:05 PM)
LOL. its like when rampant robbery in a housing area with 50% already fallen victims . 

Another way to look at is " the other 50% still safe and continue living there with no fear".
*
You're talking about robbery, lost of money, and victims.

You're totally out of context.
Phoenix_KL
post Sep 30 2021, 12:10 PM

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umo gov in charge.
blames dap.

user posted image

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