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

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TSLembu Goreng
post Sep 30 2021, 10:11 AM, updated 5y ago

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More than half of MM2H participants not renewing visas, survey shows

MORE than half of Malaysia My 2nd Home (MM2H) applicants are considering moving to other Southeast Asian countries as they cannot meet the new requirements for approval, a recent survey showed.

Held by the programme’s consultant association (MM2HCA), the survey of 925 foreign respondents, including from Europe and the United States, showed that 98% of the MM2H participants did not meet the new conditions for the long-stay programme, leaving them with no choice but to consider Thailand, Philippines, Indonesia and Singapore as alternatives.

https://www.themalaysianinsight.com/s/341923


Anyway, this is all SALAH DAP:

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This post has been edited by Lembu Goreng: Sep 30 2021, 10:54 AM
pretty23
post Sep 30 2021, 10:12 AM

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orang kita really suck in economy.
smokey
post Sep 30 2021, 10:14 AM

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Kick out higher income n educated foreigners and keep low income and uneducated foreigners
bill11
post Sep 30 2021, 10:14 AM

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but at the same time we welcome those illegal immigrant... only contribute to the crime and low level work ...


Some of the PR they actually can transition/know how some of their work experience to the local people here due to their exposure in other countries. which is a benefit for our country/people.
alanyuppie
post Sep 30 2021, 10:14 AM

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QUOTE(pretty23 @ Sep 30 2021, 11:12 AM)
orang kita really suck in economy.
*
maybe its just typical greediness and wanted immediate gains sacrificing long term benefits.

xCM
post Sep 30 2021, 10:15 AM

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what outcome did govt expect?
jojolicia
post Sep 30 2021, 10:16 AM

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QUOTE(Lembu Goreng @ Sep 30 2021, 10:11 AM)
More than half of MM2H participants not renewing visas, survey shows

MORE than half of Malaysia My 2nd Home (MM2H) applicants are considering moving to other Southeast Asian countries as they cannot meet the new requirements for approval, a recent survey showed.

Held by the programme’s consultant association (MM2HCA), the survey of 925 foreign respondents, including from Europe and the United States, showed that 98% of the MM2H participants did not meet the new conditions for the long-stay programme, leaving them with no choice but to consider Thailand, Philippines, Indonesia and Singapore as alternatives.

https://www.themalaysianinsight.com/s/341923
*
That conditions, i think many met, but why here and not else where on the same criteria

This post has been edited by jojolicia: Sep 30 2021, 10:41 AM
damonlbs
post Sep 30 2021, 10:17 AM

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People bring in $$$$ they don't want them to come here

But bungla come here n sending out $$$$ they don't mind
pretty23
post Sep 30 2021, 10:17 AM

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QUOTE(alanyuppie @ Sep 30 2021, 10:14 AM)
maybe its just typical greediness and wanted immediate gains  sacrificing long term benefits.
*
slay a duck which can spawn golden eggs really budaya kita.
DarkAeon
post Sep 30 2021, 10:17 AM

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QUOTE(xCM @ Sep 30 2021, 10:15 AM)
what outcome did govt expect?
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they were expecting rich ppl with millions in assets and income come running to apply

obviously that didn't happen
kcchong2000
post Sep 30 2021, 10:17 AM

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Bila nak cope loses, naik harga. Bodo economy 101 pun tak tau. This way is confirm die in business.
COOLPINK
post Sep 30 2021, 10:17 AM

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I have said this many times, when it comes to globalization our gomen is clueless. They still think local policies can be implemented for internationally. Topkek!

This post has been edited by COOLPINK: Sep 30 2021, 10:21 AM
Babyrabies74
post Sep 30 2021, 10:19 AM

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QUOTE(pretty23 @ Sep 30 2021, 10:17 AM)
slay a duck which can spawn golden eggs really budaya kita.
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the problem is there is no nice ponds for ducks here. every pond is filled with crocs or pirahnas.
wkn
post Sep 30 2021, 10:20 AM

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what do you expect from bodo people with no education in economics?

This post has been edited by wkn: Sep 30 2021, 10:21 AM
thales.of.miletus
post Sep 30 2021, 10:20 AM

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Even those who can meet the requirements may think twice about renewing their permit in light of this clueless government.
pretty23
post Sep 30 2021, 10:21 AM

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QUOTE(Babyrabies74 @ Sep 30 2021, 10:19 AM)
the problem is there is no nice ponds for ducks here. every pond is filled with crocs or pirahnas.
*
may be it is best time MM2H for talibun or rohinya. LOL
Asgaard
post Sep 30 2021, 10:22 AM

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Takpe, Kita cuma mahu PATI
submergedx
post Sep 30 2021, 10:22 AM

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cannot buy house, then rent lar?
xCM
post Sep 30 2021, 10:22 AM

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QUOTE(DarkAeon @ Sep 30 2021, 10:17 AM)
they were expecting rich ppl with millions in assets and income come running to apply

obviously that didn't happen
*
Come running and line up 8 Street to apply.

Obviously that didn't happen.
COOLPINK
post Sep 30 2021, 10:23 AM

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QUOTE(pretty23 @ Sep 30 2021, 10:21 AM)
may be it is best time MM2H for talibun or rohinya. LOL
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Honestly if they qualify for the new requirements they would look elsewhere too lol
JessicaAlba
post Sep 30 2021, 10:23 AM

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Manyak unemployed after this ....
bluetomato
post Sep 30 2021, 10:24 AM

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What to expect with economic policies being led by the founder of Mara Digital mall I and II ?
sunami
post Sep 30 2021, 10:25 AM

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QUOTE(bill11 @ Sep 30 2021, 11:14 AM)
but at the same time we welcome those illegal immigrant... only contribute to the crime and low level work ...
Some of the PR they actually can transition/know how some of their work experience to the local people here due to their exposure in other countries. which is a benefit for our country/people.
*
all hail rohinyaaaaaaaaaaaaaaaaaaaaaa
DarkAeon
post Sep 30 2021, 10:25 AM

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QUOTE(xCM @ Sep 30 2021, 10:22 AM)
Come running and line up 8 Street to apply.

Obviously that didn't happen.
*
their brains never fail to amaze me. when u think stupidity cannot go any lower, they show u a new world record of brainlessness

we would have gotten our first Olympic gold medal if stupidity is a sport
jojolicia
post Sep 30 2021, 10:26 AM

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QUOTE(COOLPINK @ Sep 30 2021, 10:17 AM)
I have said this many times, when it comes to globalization our gomen is clueless. They still think local policies can be implemented for internationally. Topkek!
*
The ekonomy setempat, is sell more nasi lemak to more buyers within the sector area. Then within the same sector, nasi lemak buyers will sell karipap to the nasi lemak sellers. Improvement, put a chop on others originality.
Internationally, hunt, take 30% what is profitable out there

This post has been edited by jojolicia: Sep 30 2021, 10:44 AM
pretty23
post Sep 30 2021, 10:26 AM

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QUOTE(COOLPINK @ Sep 30 2021, 10:23 AM)
Honestly if they qualify for the new requirements they would look elsewhere too lol
*
base on 3R in maresia that have a double or triple standard for same religion.
Babyrabies74
post Sep 30 2021, 10:26 AM

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suddenly application approved but surrendered 51% asset, lol! good luck
SUSKarl Jung
post Sep 30 2021, 10:28 AM

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98% is nearly all. LOL. Saying more than half is an understatement.

Malaysia really laughable. Even with the old MM2H, Malaysia could only get around 50k participants. This is not even a big number.
JimbeamofNRT
post Sep 30 2021, 10:32 AM

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QUOTE(bill11 @ Sep 30 2021, 10:14 AM)
but at the same time we welcome those illegal immigrant... only contribute to the crime and low level work ...
Some of the PR they actually can transition/know how some of their work experience to the local people here due to their exposure in other countries. which is a benefit for our country/people.
*
u see those glove co. enough lah

all level entry workers one. our industries depends a lot on these cheap labors.
JasonTheGreat
post Sep 30 2021, 10:34 AM

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QUOTE(COOLPINK @ Sep 30 2021, 10:17 AM)
I have said this many times, when it comes to globalization our gomen is clueless. They still think local policies can be implemented for internationally. Topkek!
*
Our garmen jaguh kampung only that sees nons as their threat rather than international as their threats.
gaeria84
post Sep 30 2021, 10:35 AM

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QUOTE(kcchong2000 @ Sep 30 2021, 10:17 AM)
Bila nak cope loses, naik harga. Bodo economy 101 pun tak tau. This way is confirm die in business.
*
What'd you expect from bapa mara digital mall lol
COOLPINK
post Sep 30 2021, 10:36 AM

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QUOTE(JasonTheGreat @ Sep 30 2021, 10:34 AM)
Our garmen jaguh kampung only that sees nons as their threat rather than international as their threats.
*
Even then the only international threat they see are yahudi and amerikuns only lol
pufferfish
post Sep 30 2021, 10:37 AM

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good la, telling other ppl to go back to their countries and finally they did
Whatisthiswhat_
post Sep 30 2021, 10:37 AM

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didnt they bought houses here? are they forced to sell at all time low price?lol looks like a scam.words will spread to their friends and family
SUSKarl Jung
post Sep 30 2021, 10:38 AM

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They want participant to have an active monthly income of RM40k. Topkek, if these pensioners are so rich they can just stay in their home country la.
sunami
post Sep 30 2021, 10:38 AM

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janji orekito...

other not impt
DarkAeon
post Sep 30 2021, 10:38 AM

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QUOTE(JasonTheGreat @ Sep 30 2021, 10:34 AM)
Our garmen jaguh kampung only that sees nons as their threat rather than international as their threats.
*
not only we din see them as threat, we are helping them

like singapore, offering scholarships and jobs to our brightest brains then give them pr so that they will never return. now they are winning fdi after fdi and becoming regional hq for mncs.

so new grads who can't find a job for months or even years, u know who to thank
SUSKarl Jung
post Sep 30 2021, 10:39 AM

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QUOTE(Whatisthiswhat_ @ Sep 30 2021, 10:37 AM)
didnt they bought houses here? are they forced to sell at all time low price?lol looks like a scam.words will spread to their friends and family
*
Zimbabwe property grab versi Malaysia.
hurricane21
post Sep 30 2021, 10:43 AM

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this is what happened when a bunch of monkeys running stuff
ye0073
post Sep 30 2021, 10:44 AM

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Johor Sultan is getting more unhappy then liao...

Avex
post Sep 30 2021, 10:45 AM

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QUOTE(ye0073 @ Sep 30 2021, 10:44 AM)
Johor Sultan is getting more unhappy then liao...
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that state pump so much money into a made believe economy. Going to burn real bad soon
Left4Dead2
post Sep 30 2021, 10:45 AM

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Sohai to the max

98% not meet the criteria, i think the one set the rule must be want to halau foreigner and want to keep orang kite only and rohinya
MR_alien
post Sep 30 2021, 10:46 AM

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thailand : user posted image
hpteh
post Sep 30 2021, 10:46 AM

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Country's economic & C-19 are bad, local political issues is a messed up etc etc... Yet up the application requirements..?
Which gomen on earth would do such thing..? Who came up with the decision obviously brain damage...
OlengSam
post Sep 30 2021, 10:47 AM

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Nk kata ekonomi pandai ...tidakkkk

Nk kata sains hebat....tidakkkkk

Nk kata seks.....pandaiiii
dman
post Sep 30 2021, 10:49 AM

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Kito jual mahal and this is the outcome... haiz

Sometimes i really not sure how the current govt think, all the policy they making are backfired. Expecting U turn as usual?!
loserguy
post Sep 30 2021, 10:50 AM

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these guys are really bad at this doh.gif
19 Degree South
post Sep 30 2021, 10:51 AM

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pave way for more indons ! lol!
xCM
post Sep 30 2021, 10:51 AM

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QUOTE(DarkAeon @ Sep 30 2021, 10:25 AM)
their brains never fail to amaze me. when u think stupidity cannot go any lower, they show u a new world record of brainlessness

we would have gotten our first Olympic gold medal if stupidity is a sport
*
I bet they didn't know news can lose investor as well. Bodoh like don't know what type of bodoh.
OlengSam
post Sep 30 2021, 10:53 AM

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Nk buat bisnes /ekonomi....pls pls let the talent do it

It has proven u guys CANT do biz....just dont havr the brain

Leave the ekonomi to the expert....u guys wanna show hero or talent....go talk about seks edu...suits you
TSLembu Goreng
post Sep 30 2021, 10:53 AM

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It's actually SALAH DAP.

genesic
post Sep 30 2021, 10:54 AM

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QUOTE(dman @ Sep 30 2021, 11:49 AM)
Kito jual mahal and this is the outcome... haiz

Sometimes i really not sure how the current govt think, all the policy they making are backfired. Expecting U turn as usual?!
*
heavy price for U-turn as lost talent will remain lost for many years..
neighboring countries welcomes them with benefits and encourage their growth there, not preventing them to growth.
The mindset of expatriates taking away all the job opportunity and high income job is absurb when ourselves has yet to produce such or that much of expertise in own ground.
SouthernAllStar
post Sep 30 2021, 10:54 AM

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Maybe on paper they saw all these years MM2H bring so little benefits to the country after weighting in the negative effect of it.
DarkAeon
post Sep 30 2021, 10:55 AM

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QUOTE(Lembu Goreng @ Sep 30 2021, 10:53 AM)
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It's actually SALAH DAP.
*
why u suprized?

"hari ni berak aku x keluar, ni semua salahan dap"
God Grid
post Sep 30 2021, 10:56 AM

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where are the macais all? why no come plotek?

JKOM lai lai, dont be shy
Whatisthiswhat_
post Sep 30 2021, 10:56 AM

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a lot of them open restaurant here, so many foreign cuisine restaurant will close down soon? where am i going to get my korean meal after this

This post has been edited by Whatisthiswhat_: Sep 30 2021, 11:05 AM
Strike Eureka
post Sep 30 2021, 10:56 AM

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No longer what if earth bukan milik.....better if earth bukan milik siapa laugh.gif
danadasung
post Sep 30 2021, 10:56 AM

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QUOTE(SouthernAllStar @ Sep 30 2021, 10:54 AM)
Maybe on paper they saw all these years MM2H bring so little benefits to the country after weighting in the negative effect of it.
*
What's the negative effect of MM2H?
crystalfenix
post Sep 30 2021, 10:58 AM

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Poor are the people they can related to, the rich people is the one they cant.

So mission accomplished lol.
prophetjul
post Sep 30 2021, 10:58 AM

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New MM2H rules gives the impression that the streets of Malaysia are paved with gold. LOL
taint8
post Sep 30 2021, 10:59 AM

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So who is getting fired now?


hickups
post Sep 30 2021, 10:59 AM

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Thailand happy
alanyuppie
post Sep 30 2021, 11:00 AM

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QUOTE(Left4Dead2 @ Sep 30 2021, 11:45 AM)
Sohai to the max

98% not meet the criteria, i think the one set the rule must be want to halau foreigner and want to keep orang kite only and rohinya
*
Hmmm.... now you said it. made me wonder.

Due to increasingly hostile conditions in HK , many hongkies decided to move elsewhere is eyeing Malaysia, with some already promoting our country via socmed.

Perhaps thats the reason why gomen tighten the mm2h requirements, to "limit" the undesirables group that happen to be born a different color?


We still welcome fellow "brothers" like what you written though without expecting them to be rich either, and even offer more than just a place to stay (and breed).

This post has been edited by alanyuppie: Sep 30 2021, 11:01 AM
Left4Dead2
post Sep 30 2021, 11:02 AM

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QUOTE(Lembu Goreng @ Sep 30 2021, 10:53 AM)
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It's actually SALAH DAP.
*
He think orang asing is only Chinaman not Westerner

But what he also dont know what he talking, just want to put DAP in
haturaya
post Sep 30 2021, 11:03 AM

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QUOTE(smokey @ Sep 30 2021, 10:14 AM)
Kick out higher income n educated foreigners and keep low income and uneducated foreigners
*
Of course... for each processing fee, they have some significant 'percentage' for them.

Higher income & educated - not many, hard to swindle
Low income & uneducated - plenty and easy to swindle.

Of course they choose the latter. More personal 'income' to be generated. whistling.gif

DValentine
post Sep 30 2021, 11:04 AM

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see this fella starts with blaming dap

dah tau dah

next time kenot berak also blame ya

This post has been edited by DValentine: Sep 30 2021, 11:04 AM
DarkAeon
post Sep 30 2021, 11:04 AM

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QUOTE(alanyuppie @ Sep 30 2021, 11:00 AM)
Hmmm.... now you said it. made me wonder.

Due to increasingly  hostile conditions in HK , many hongkies decided to move elsewhere is eyeing Malaysia, with some already promoting our country via socmed.

Perhaps thats the reason why mm2h tighten the requirements?
We still welcome fellow "brothers"  like what you written though without expecting them to be rich either, and even offer more than just a place to stay (and breed).
*
here your explanation. https://www.mm2h.com/mm2h-statistics/

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Whatisthiswhat_
post Sep 30 2021, 11:06 AM

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the real rich people go to singapore
Hollow21
post Sep 30 2021, 11:08 AM

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As long as Pak Arab and Bangla, all others not welcum...
focusrite
post Sep 30 2021, 11:14 AM

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QUOTE(SouthernAllStar @ Sep 30 2021, 10:54 AM)
Maybe on paper they saw all these years MM2H bring so little benefits to the country after weighting in the negative effect of it.
*
what negatives are there? I seriously can't think of any
randomguy85
post Sep 30 2021, 11:16 AM

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Thinking about it. Long term, we will be creating high value investment. Now or never
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post Sep 30 2021, 11:17 AM

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QUOTE(Lembu Goreng @ Sep 30 2021, 10:53 AM)
user posted image

It's actually SALAH DAP.
*
Like this also can linked DAP!

He questioned 'apa agenda sebenar DAP mahu pertahankan foreigner '.

Anything DAP protest is wrong and konpem got agenda buruk behind it. doh.gif

These kind of ppl will not progress and alwiz find fault with others while thinks ownself holy like fuark..


SouthernAllStar
post Sep 30 2021, 11:19 AM

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QUOTE(danadasung @ Sep 30 2021, 10:56 AM)
What's the negative effect of MM2H?
*
Who know exactly the reason.. good if gov can give more numbers. maybe on social or local financial factors.

Also foreign people cumulatively might bring in big $ figures, but wht ended up in gov coffer maybe few 'cent' only biggrin.gif

QUOTE
Home Minister Datuk Seri Hamzah Zainudin in a parliamentary reply said that the criteria revision for the MM2H programme was made to attract high-quality participants who can contribute positively to economic growth.


QUOTE
Maybank Investment Bank group chief economist Suhaimi Illias says that the number of MM2H participants makes up a fraction, around 0.01%, of cumulative foreign tourist arrivals since 2002.

“Consequently, their economic contribution is also very low when we look at the ringgit and sen, for instance, as ratios to gross domestic product (GDP), consumer spending and the banking system’s total deposits,” he tells The Edge.

alanyuppie
post Sep 30 2021, 11:19 AM

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QUOTE(dman @ Sep 30 2021, 12:17 PM)
Like this also can linked DAP!

He questioned 'apa agenda sebenar DAP mahu pertahankan foreigner '.

Anything DAP protest is wrong and konpem got agenda buruk behind it.  doh.gif

These kind of ppl will not progress and alwiz find fault with others while thinks ownself holy like fuark..
*
Will he barked the same shit if the foreigners DAP protected consisted of palestinians and rohingyans?

This post has been edited by alanyuppie: Sep 30 2021, 11:20 AM
OlengSam
post Sep 30 2021, 11:23 AM

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Janji viet / thai / prc still supplying here

No issue for me
TiramisuCoffee
post Sep 30 2021, 11:26 AM

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QUOTE(DarkAeon @ Sep 30 2021, 10:17 AM)
they were expecting rich ppl with millions in assets and income come running to apply

obviously that didn't happen
*
Rich and educated ppl oso expect something in return 4 their investment like safety, security, non discriminatory policies, superb infrastructure, political stability. cool2.gif
SUSKarl Jung
post Sep 30 2021, 11:28 AM

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If need active USD10K, can even consider Singapore la.
skybleu05
post Sep 30 2021, 11:28 AM

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any expat prefer to live in taliban training ground? sounds funny...tho
SinzChan
post Sep 30 2021, 11:29 AM

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got money why consider maresial? dah pariah country ady still wan sell expensive sendiri buat bodo in the end.
TiramisuCoffee
post Sep 30 2021, 11:34 AM

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QUOTE(DarkAeon @ Sep 30 2021, 11:04 AM)
Outdated data .... Also any idea who r the 50%?

Sadly 2 years of pandemic have made a lot of ppl “poorer”. Kena “ forced out”? bye.gif

This post has been edited by TiramisuCoffee: Sep 30 2021, 11:35 AM
ruffy_z
post Sep 30 2021, 11:34 AM

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QUOTE(DarkAeon @ Sep 30 2021, 11:04 AM)
This wan saiful was right?
invinciblevoice
post Sep 30 2021, 11:35 AM

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RM1,000,000 Bank Deposit + RM40,000/month offshore income, you can live ANYWHERE. Only sohai would pick Malaysia if they had that kind of money.

Malaysia just removed itself from the list of FIRE destinations for most people.
dawnreaver
post Sep 30 2021, 11:35 AM

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Mana semua PN supporters?
TiramisuCoffee
post Sep 30 2021, 11:35 AM

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QUOTE(ruffy_z @ Sep 30 2021, 11:34 AM)
This wan saiful was right?
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Right about?
SUSKarl Jung
post Sep 30 2021, 11:37 AM

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QUOTE(invinciblevoice @ Sep 30 2021, 11:35 AM)
RM1,000,000 Bank Deposit + RM40,000/month offshore income, you can live ANYWHERE. Only sohai would pick Malaysia if they had that kind of money.

Malaysia just removed itself from the list of FIRE destinations for most people.
*
That's why Malaysia so bodoh right?

With so much money, even Americans can withstand any shitty taxation from Biden and continue to retire in the US.
darkterror15
post Sep 30 2021, 11:38 AM

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saw a few prc and hk mm2h ppl record video put youtube to shoot this mm2h also. kek
toiletwater
post Sep 30 2021, 11:38 AM

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Non-competitive requirements. So be it. The country has to suffer a lot more before the numbskulls awake.
coyouth
post Sep 30 2021, 11:39 AM

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QUOTE(pretty23 @ Sep 30 2021, 10:12 AM)
orang kita really suck in economy.
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biar je lah. since they're the majority, they will feel the brunt of it anyway.
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post Sep 30 2021, 11:41 AM

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QUOTE(toiletwater @ Sep 30 2021, 11:38 AM)
Non-competitive requirements. So be it. The country has to suffer a lot more before the numbskulls awake.
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They are gonna drag us along for the ride sweat.gif
DarkAeon
post Sep 30 2021, 11:42 AM

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QUOTE(TiramisuCoffee @ Sep 30 2021, 11:34 AM)
Outdated data .... Also any idea who r the 50%?

Sadly 2 years of pandemic have made a lot of ppl “poorer”.  Kena “ forced out”?  bye.gif
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u got new one u share la. if dun have then.....
Thrust
post Sep 30 2021, 11:45 AM

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Orang asing kaya they want to kick out..

Orang asing miskin they welcome in..
TiramisuCoffee
post Sep 30 2021, 11:45 AM

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The selling pts hv always been : friendly rakyat (pipit) , wonderful food ( 🤭 ), x earthquakes ( but got banjir 😖)... wat else... ?
iGamer
post Sep 30 2021, 11:46 AM

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Good lah, hope they desperate sell their unit, no longer contribute to prop unreasonable price hike. innocent.gif
jay
post Sep 30 2021, 11:46 AM

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yea let em leave we dont need more poor peeople
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post Sep 30 2021, 11:47 AM

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Nvm... certain minister says Malaysia is selective in it's investment.
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post Sep 30 2021, 11:47 AM

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QUOTE(darkterror15 @ Sep 30 2021, 11:38 AM)
saw a few prc and hk mm2h ppl record video put youtube to shoot this mm2h also. kek
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siapa rekod video dia...
o wai
TomYummy
post Sep 30 2021, 11:48 AM

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QUOTE(iGamer @ Sep 30 2021, 11:46 AM)
Good lah, hope they desperate sell their unit, no longer contribute to prop unreasonable price hike. innocent.gif
*
If you invested your money in a country that flip flop change the criteria, making them quadruple than before, resulting in you unable to meet them, is that what you consider “good lah”? Please help me to understand your thought process.

This post has been edited by TomYummy: Sep 30 2021, 11:49 AM
TiramisuCoffee
post Sep 30 2021, 11:50 AM

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QUOTE(DarkAeon @ Sep 30 2021, 11:42 AM)
u got new one u share la. if dun have then.....
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If I hv surely i’d hv shared out... dun tell me gov oso based their decision on 2018 figures 😖 ... in 3 months it’s 2022, bro! icon_rolleyes.gif
iGamer
post Sep 30 2021, 11:50 AM

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As normal peasant, I believe these MM2H cause us to suffer higher prop prices. Their spending here at most benefit boss level ppl, not peasants.
DarkAeon
post Sep 30 2021, 11:50 AM

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QUOTE(TiramisuCoffee @ Sep 30 2021, 11:50 AM)
If I hv surely i’d hv shared out... dun tell me gov oso based their decision on 2018 figures 😖 ... in 3 months it’s 2022, bro! icon_rolleyes.gif
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why u surpized? u think our govt is transparent?
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
*
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.
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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.
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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
code10
post Sep 30 2021, 12:11 PM

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QUOTE(Henry T @ Sep 30 2021, 12:02 PM)
We are very good at driving people away. 😁
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since decades ago.
SkyHermit
post Sep 30 2021, 12:12 PM

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QUOTE(smokey @ Sep 30 2021, 10:14 AM)
Kick out higher income n educated foreigners and keep low income and uneducated foreigners
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The Malaysian way
kidmad
post Sep 30 2021, 12:13 PM

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QUOTE(iGamer @ Sep 30 2021, 12:09 PM)
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.
*
MM2H is a program way before najib and the policy changes nearly every year. The property craze / inflation is something global after the 2007 financial crisis in US. Now you jokers.. with these groups of people leaving malaysia.. you really think those million dollar property price will go down to 400k for you to purchase? Dream on.. the average home we malaysian could afford in KV should be approx RM500k. Anything hitting a million will continue to be a market for the rich or T10 groups. so you better wake up.
iGamer
post Sep 30 2021, 12:14 PM

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QUOTE(kidmad @ Sep 30 2021, 12:08 PM)
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.
*
Good riddance.

Look at every city in the world, cities that were targeted by foreigners (be it angmoh or rich Tongshan) mostly inflated local prop prices until the local ppl can’t afford it.

Only those who goreng prop or developers benefit from their presence. Normal peasants will suffer rather than benefit from it.
iGamer
post Sep 30 2021, 12:19 PM

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QUOTE(kidmad @ Sep 30 2021, 12:13 PM)
MM2H is a program way before najib and the policy changes nearly every year. The property craze / inflation is something global after the 2007 financial crisis in US. Now you jokers.. with these groups of people leaving malaysia.. you really think those million dollar property price will go down to 400k for you to purchase? Dream on.. the average home we malaysian could afford in KV should be approx RM500k. Anything hitting a million will continue to be a market for the rich or T10 groups. so you better wake up.
*
Of course I can’t afford those high end prop, yet you think the overall market price is not inter-related?

Prop price hike due to foreigners are pretty common in many cities around the world. Even angmoh ppl also become victim of rich foreigners jacking up their local prop prices.
Whatisthiswhat_
post Sep 30 2021, 12:19 PM

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QUOTE(iGamer @ Sep 30 2021, 12:09 PM)
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.
*
durig najib time MYR also drop like shit
SinzChan
post Sep 30 2021, 12:19 PM

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QUOTE(toiletwater @ Sep 30 2021, 11:38 AM)
Non-competitive requirements. So be it. The country has to suffer a lot more before the numbskulls awake.
*
u expect those idiots wake up? they will never ran out of things to blame other than themselves when thing went wrong.
sky2006
post Sep 30 2021, 12:19 PM

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QUOTE(kidmad @ Sep 30 2021, 12:08 PM)
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.
*
Even we citizens have restrictions to travel, let alone a group of "nomads".


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post Sep 30 2021, 12:20 PM

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On PM’s first official visit to Johor, Sultan Ibrahim urges Putrajaya to expedite review of MM2H
JOHOR BARU, Sept 25 — Johor Ruler Sultan Ibrahim Sultan Iskandar today asked the government to expedite its review of the new conditions for the Malaysia My Second Home (MM2H) programme that were imposed recently.

He raised the matter during an audience with Prime Minister Datuk Seri Ismail Sabri Yaakob at Istana Pasir Palangi here today.

Sultan Ibrahim decreed that Johor is one of the main destinations for foreign investment, apart from the state being a key contributor to Malaysia’s economic growth.

“Johor is not only a neighbour of Singapore, but the MM2H programme is one of the contributors to the state’s economic strength.

“Review the strict conditions set and maintain the old conditions by making some improvements for a positive balance, especially on economic growth,” added Sultan Ibrahim in a statement posted on his official Facebook page today.

Johor Mentri Besar Datuk Hasni Mohammad was also present during the audience with Sultan Ibrahim.

The 63-year-old state monarch said that he had also discussed other matters related to the state’s development with Ismail Sabri.

This is Ismail Sabri’s first official visit to Johor after he became the country’s ninth prime minister on August 21.

The Bera MP is on a one-day working visit to Johor where, after the audience with Sultan Ibrahim, he will attend two closed-door meetings with state government officials and local community leaders at the Thistle Hotel here.

On August 30, Sultan Ibrahim expressed his disappointment with the Home Ministry for refusing to review the strict conditions set for MM2H.

He said Johor was one of MM2H’s popular destinations and the programme also contributed to the state’s revenue.

Sultan Ibrahim had also previously said that he would personally take up the matter with Ismail Sabri.

On August 11, the Home Ministry announced that MM2H, which was previously frozen, would be reactivated with improvements made to the application policy and conditions for the purpose of balancing security and economic aspects.

The revised terms and requirements of MM2H, which takes effect in October, includes an increase in the minimum monthly income (derived from offshore sources) to RM40,000; a minimum fixed deposit of RM1 million; a minimum liquidity requirement of RM1.5 million; an annual visa fee of RM500; and a reduced visa duration to five years.

https://malaysia.news.yahoo.com/pm-first-of...-082042685.html

kidmad
post Sep 30 2021, 12:20 PM

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QUOTE(iGamer @ Sep 30 2021, 12:14 PM)
Good riddance.

Look at every city in the world, cities that were targeted by foreigners (be it angmoh or rich Tongshan) mostly inflated local prop prices until the local ppl can’t afford it.

Only those who goreng prop or developers benefit from their presence. Normal peasants will suffer rather than benefit from it.
*
so you telling me metropolitans like New York/Tokyo/Singapore their million dollar properties are being inflated because of programs like MM2H? You better think again.

Every nation where they are moving towards high income (which we hope for) would eventually face the property bubble crisis where homes are no longer affordable. You better look up on the % of foreign ownership of our properties here in malaysia.

The low tier/mid tier homes will still remain a place for the local malaysian while the higher tier property will continue have it's own ball game all together. The inflation of property price since after 2007 doesn't only happen in malaysia for y our information, unless one nation controls their housing development like singapores HDB it's still pretty much in reflects back to the buying power of the people against what's being offered by the developer.

Like i said, every state had already inplant a policy where foreigners would not be able to own props below RM500k for rural places, below RM2m for propers in KV, JB if it i wasn't mistaken it's 1m. Those are not properties and average malaysian is looking for to begin with. Now... we basically lose out totally when these group of ppl leaves malaysia.

No matter how you see it.. we lose more than we gain.
SUSKarl Jung
post Sep 30 2021, 12:20 PM

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Oklor let's see if house price reduces.
iGamer
post Sep 30 2021, 12:23 PM

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QUOTE(SkyHermit @ Sep 30 2021, 12:12 PM)
The Malaysian way
*
Will the MM2H ppl help to keep our manufacturing sector alive?

I laughed at the shallow minded comments here downplaying foreign workers DIRECT contribution to our economy.
SinzChan
post Sep 30 2021, 12:23 PM

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QUOTE(kidmad @ Sep 30 2021, 12:13 PM)
MM2H is a program way before najib and the policy changes nearly every year. The property craze / inflation is something global after the 2007 financial crisis in US. Now you jokers.. with these groups of people leaving malaysia.. you really think those million dollar property price will go down to 400k for you to purchase? Dream on.. the average home we malaysian could afford in KV should be approx RM500k. Anything hitting a million will continue to be a market for the rich or T10 groups. so you better wake up.
*
this, sohai gomen screwed up on property price with mm2h and they will continue screw it up by lower the purchase barrier for foreigner 1, they already lower down the minimum purchase price for foreigner from 1.5mil to 600k...slippery slope down the line maybe become 400k and below to cater bangala/rohingya shit.
kidmad
post Sep 30 2021, 12:24 PM

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QUOTE(sky2006 @ Sep 30 2021, 12:19 PM)
Even we citizens have restrictions to travel, let alone a group of "nomads".
*
well that's true but most of them would wait out cause the same goes to thai/viet/indon during this pandemic. but the question is.. with this kind of requirement we are basically chasing all of them away. If you have RM40k income why malaysia like others had pointed out.. i will be in thailand where booze is cheap, horny bastards could easily find their hooker there and it's a much bigger nation where one could explore.
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post Sep 30 2021, 12:24 PM

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Good riddance. If you want to work in malaysia then come with the intention to work. Like most people do when they go to go work in other country. We dont need you to compete with the locals in domestic housing market.

We are not like canada, australia, argentina with literally unlimited land to sell to foreigners.

UK folks especially in london suffers when simple 2000 sqft sold for 10 million in central london because most owners take the easy way to get rich and sell their properties to group investors from other countries.

This post has been edited by arekay17: Sep 30 2021, 12:24 PM
kidmad
post Sep 30 2021, 12:25 PM

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QUOTE(SinzChan @ Sep 30 2021, 12:23 PM)
this, sohai gomen screwed up on property price with mm2h and they will continue screw it up by lower the purchase barrier for foreigner 1, they already lower down the minimum purchase price for foreigner from 1.5mil to 600k...slippery slope down the line maybe become 400k and below to cater bangala/rohingya shit.
*
exactly lo! those buggers... but i think now it's being reviewed and back to 2m for KV.. there's one point RM500k can already get a property here in KV.. idiots.
HokkienMee_Lover
post Sep 30 2021, 12:25 PM

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got count bangla mou
kelvinfixx
post Sep 30 2021, 12:25 PM

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QUOTE(pretty23 @ Sep 30 2021, 10:12 AM)
orang kita really suck in economy.
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short sighted.
SouthernAllStar
post Sep 30 2021, 12:26 PM

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QUOTE(smokey @ Sep 30 2021, 10:14 AM)
Kick out higher income n educated foreigners and keep low income and uneducated foreigners
*
actually the opposite, they keep high net foreign people, these high net foreign people dont care about mm2h latest update and will remain here. only low net foreign people (less than 150k saving in MY bank) affected.
iGamer
post Sep 30 2021, 12:26 PM

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QUOTE(Karl Jung @ Sep 30 2021, 12:20 PM)
Oklor let's see if house price reduces.
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It will at the very least not hike up unreasonably due to developers frenzy to build ever more pricier prop in their attempt to profit from foreigners.
Whatisthiswhat_
post Sep 30 2021, 12:28 PM

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QUOTE(arekay17 @ Sep 30 2021, 12:24 PM)
Good riddance. If you want to work in malaysia then come with the intention to work. Like most people do when they go to go work in other country. We dont need you to compete with the locals in domestic housing market.

We are not like canada, australia, argentina with literally unlimited land to sell to foreigners.

UK folks especially in london suffers when simple 2000 sqft sold for 10 million in central london because most owners take the easy way to get rich and sell their properties to group investors from other countries.
*
there are 42k mm2h residents here in malaysia, do you think it will have any major effect on property price lol, property price is mainly due to inflation and weakening of currency lar
iGamer
post Sep 30 2021, 12:30 PM

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QUOTE(SinzChan @ Sep 30 2021, 12:23 PM)
this, sohai gomen screwed up on property price with mm2h and they will continue screw it up by lower the purchase barrier for foreigner 1, they already lower down the minimum purchase price for foreigner from 1.5mil to 600k...slippery slope down the line maybe become 400k and below to cater bangala/rohingya shit.
*
I knew of MM2H participants in early stage only spent around RM300k for PG island condo. Seldom stay here, but they definitely benefited from condo price hike in the later years should they sell out their unit even at current gloomy market.
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post Sep 30 2021, 12:30 PM

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QUOTE(invinciblevoice @ Sep 30 2021, 11:35 AM)
RM1,000,000 Bank Deposit + RM40,000/month offshore income, you can live ANYWHERE. Only sohai would pick Malaysia if they had that kind of money.

Malaysia just removed itself from the list of FIRE destinations for most people.
*
Actually, got 2 killer areas..

1. RM40K per month income
2. 3 months stay per year

These 2 together are killers. First, not many have passive 40k income. If they are working, rm40k is quite achievable BUT they need to satisfy 3 months stay per year! How to keep the job and still satisfy 3 months stay? Some of them work oversees and relocate their family here for education and medical and low cost of living. The 3 month requirement killed them off.
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post Sep 30 2021, 12:31 PM

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QUOTE(iGamer @ Sep 30 2021, 12:23 PM)
Will the MM2H ppl help to keep our manufacturing sector alive?

I laughed at the shallow minded comments here downplaying foreign workers DIRECT contribution to our economy.
*
wah again.. damn bodoh.

MM2H and foregin worker policy is two different thing. B50/B60 is what we should be tackling not MM2H bangau. instead of reviewing the low end foreign workers and empowering our own B50/B60 to take up the jobs/role we go and do stupid things like putting such restriction to MM2H policy to limit others from enjoying what's in our country.
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post Sep 30 2021, 12:31 PM

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Rubbish country and many city highest crime in the world. Tot rich peoples want to stay in Malaysia? In your dream
ju146
post Sep 30 2021, 12:31 PM

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Who want to try best racing track in the world, can try mm2h. Those not renewing probably tried liao, and time to move on
ti.infinion
post Sep 30 2021, 12:32 PM

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Bring in more Bangla and Muslim to Malaysia then for the sake to hold highest crime in the world
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post Sep 30 2021, 12:33 PM

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QUOTE(Whatisthiswhat_ @ Sep 30 2021, 12:28 PM)
there are 42k mm2h residents here in malaysia, do you think it will have any major effect on property price lol, property price is mainly due to inflation and weakening of currency lar
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alot of idiots don't understand. MM2H will not or never did directly impact the price of our property... damn stupid la these ppl.

42k vs the millions of housing and hundreds of thousand vacant property in malaysia.. and they are saying MM2H is the sole contributor for these inflation.. Really joker.
iGamer
post Sep 30 2021, 12:33 PM

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QUOTE(Whatisthiswhat_ @ Sep 30 2021, 12:28 PM)
there are 42k mm2h residents here in malaysia, do you think it will have any major effect on property price lol, property price is mainly due to inflation and weakening of currency lar
*
Developers were in frenzy building ever more pricier units to profit from MM2H in earlier years. The whole prop market is inter-related. Impossible to have zero spill over effect.
damonlbs
post Sep 30 2021, 12:34 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!
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post Sep 30 2021, 12:34 PM

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QUOTE(iGamer @ Sep 30 2021, 12:23 PM)
Will the MM2H ppl help to keep our manufacturing sector alive?

I laughed at the shallow minded comments here downplaying foreign workers DIRECT contribution to our economy.
*
No, but we need their money as they buy and shop in here.

And the property. Imagine the property bubble burst when they leave
kidmad
post Sep 30 2021, 12:35 PM

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QUOTE(iGamer @ Sep 30 2021, 12:26 PM)
It will at the very least not hike up unreasonably due to developers frenzy to build ever more pricier prop in their attempt to profit from foreigners.
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it won't again you better school yourself in understanding why developing nation property prices would actually hike up.

Only places like Bandar Iskandar in Johor would be impacted the rest of the places there wouldn't be much movement.
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post Sep 30 2021, 12:35 PM

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QUOTE(kidmad @ Sep 30 2021, 12:24 PM)
well that's true but most of them would wait out cause the same goes to thai/viet/indon during this pandemic. but the question is.. with this kind of requirement we are basically chasing all of them away. If you have RM40k income why malaysia like others had pointed out.. i will be in thailand where booze is cheap, horny bastards could easily find their hooker there and it's a much bigger nation where one could explore.
*
Well, last I heard, months back, Thai also chasing out foreigners with new requirements.

Also some foreigners especially Americans don't like the vibe or Americanised culture in Philiphine.


iGamer
post Sep 30 2021, 12:36 PM

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QUOTE(kidmad @ Sep 30 2021, 12:31 PM)
wah again.. damn bodoh.

MM2H and foregin worker policy is two different thing. B50/B60 is what we should be tackling not MM2H bangau. instead of reviewing the low end foreign workers and empowering our own B50/B60 to take up the jobs/role we go and do stupid things like putting such restriction to MM2H policy to limit others from enjoying what's in our country.
*
U cannot be a civilised forumer discussing a topic without calling others bodoh? You wanna be the only right person why u bother come to a forum? Bye.
Enjoise
post Sep 30 2021, 12:36 PM

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bumi oren kite in the end
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post Sep 30 2021, 12:39 PM

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QUOTE(sky2006 @ Sep 30 2021, 12:35 PM)
Well, last I heard, months back, Thai also chasing out foreigners with new requirements.

Also some foreigners especially Americans don't like the vibe or Americanised culture in Philiphine.
*
nop... they did not they renewed their visa policy as many actually abuse the visa to teach in thailand to be there without even having to have xxx income back in their country or xxx investment in thai. they just merely tighthen for a few type of visa policy due to the abuse.
cablesguy
post Sep 30 2021, 12:40 PM

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Instead of bringing in people who will spend and can contribute, who can bring up the standard of living, we're doing the opposite
Actually not surprising, its just a continuing trend to bring this country downhill.

Sikit sikit lama jadi lubang besar

This post has been edited by cablesguy: Sep 30 2021, 12:41 PM
kidmad
post Sep 30 2021, 12:43 PM

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QUOTE(iGamer @ Sep 30 2021, 12:36 PM)
U cannot be a civilised forumer discussing a topic without calling others bodoh? You wanna be the only right person why u bother come to a forum? Bye.
*
well simple because your argument is base on your thought without even looking into the figures. again how many MM2H folks living here in malaysia. Do you know how many empty units of property we have here in malaysia? Do you know what's the percentage of property being built for those over a million dollar vs the ones selling for the average malaysian?

If you are spewing shit should i be calling you clever? damn.

And again those retiree down here.. they are basically nomads.. they will be renting not buying cause they wouldn't want to be tied up having properties here as they will be leaving anytime when somewhere offers better. So you better wake up.

the only group whom will be buying are most likely the hongkies and singaporean but how large is their population part of MM2H. You still think they directly inflate the property price?

It's not even a debate when your just spewing shit with your own opinion without really looking into the real reason of why property price inflated in the first place.


and hey.. if you can't take the heat don't be in kopitiam la.. strawberry betul.

This post has been edited by kidmad: Sep 30 2021, 12:44 PM
iconia17
post Sep 30 2021, 12:44 PM

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QUOTE(Whatisthiswhat_ @ Sep 30 2021, 12:28 PM)
there are 42k mm2h residents here in malaysia, do you think it will have any major effect on property price lol, property price is mainly due to inflation and weakening of currency lar
*
Let say u are right and we try to look at the historical trend, in 2009 condo in taman melati pv3 sold for around 280k per unit. At that time exchange rate was around 3.5. Fast forward 2012 i remember viewing the units and most owner try to sell at 400+. Currency strengthen to 3.2 but price shoot up?

That is the period of illogical property boom in KL due to illogical euphoria from property agents and young ppl to make quick bucks.

Ok fast forward to 2021. Most condo in pv3 still sells for around 400-550k when exchange rate deteroriate to 4.2. Currency weaken but price only increase a bit?

This is just example of exchange rate and inflation is not the main factor of property price increase. Its always about the demand, price people can afford and bank lending policy.

This post has been edited by iconia17: Sep 30 2021, 12:46 PM
Red_rustyjelly
post Sep 30 2021, 12:45 PM

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QUOTE(kidmad @ Sep 30 2021, 12:39 PM)
nop... they did not they renewed their visa policy as many actually abuse the visa to teach in thailand to be there without even having to have xxx income back in their country or xxx investment in thai. they just merely tighthen for a few type of visa policy due to the abuse.
*
group of my Japanese friends, 4 out of 7 of them are moving out back to Japan.

not sure what abuse you mean.
if you mean illegal immigrants like Bangla and indowho abuse visa/overstay, there are plenty.
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post Sep 30 2021, 12:45 PM

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QUOTE(cablesguy @ Sep 30 2021, 12:40 PM)
Instead of bringing in people who will spend and can contribute, who can bring up the standard of living, we're doing the opposite
Actually not surprising, its just a continuing trend to bring this country downhill.

Sikit sikit lama jadi lubang besar
*
3.3m indon in malaysia and they did not go tackle... they tackle the 42k who isn't grabbing the local B50/B60 jobs.. bangwall.gif bangwall.gif bangwall.gif
SUSFreshmeat21
post Sep 30 2021, 12:46 PM

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And the likes of Zakir naik can come in and marry our aweks (4 maximum) and apply for earth prince status, kek
Terbaik
kidmad
post Sep 30 2021, 12:47 PM

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QUOTE(Red_rustyjelly @ Sep 30 2021, 12:45 PM)
group of my Japanese friends, 4 out of 7 of them are moving out back to Japan.

not sure what abuse you mean.
if you mean illegal immigrants like Bangla and indowho abuse visa/overstay, there are plenty.
*
that's exactly the group. the ones who applied visa for teaching english, jap, korea but instead of teaching they went travelling around.. living in thailand.

there are few category of visa's in thai and the ones where foreigners commonly applied would be the teaching visa.. they teach down there a couple of months then quite and travel for the rest of the year.
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post Sep 30 2021, 12:48 PM

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QUOTE(xCM @ Sep 30 2021, 10:15 AM)
what outcome did govt expect?
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They want more of this type of foreigner.

user posted image
Whatisthiswhat_
post Sep 30 2021, 12:49 PM

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QUOTE(iconia17 @ Sep 30 2021, 12:44 PM)
Let say u are right and we try to look at the historical trend, in 2009 condo in taman melati pv3 sold for around 280k per unit. At that time exchange rate was around 3.5. Fast forward 2012 i remember viewing the units and most owner try to sell at 400+. Currency strengthen to 3.2 but price shoot up?

That is the period of illogical property boom in KL due to illogical euphoria from property agents and young ppl to make quick bucks.

Ok fast forward to 2021. Most condo in pv3 still sells for around 400-550k when exchange rate deteroriate to 4.2. Currency weaken but price only increase a bit?

This is just example of exchange rate and inflation is not the main factor of property price increase. Its always about the demand, price people can afford and bank lending policy.
*
you are looking myr vs usd
the problem is usd also experience inflation...
2021 covid time, property will be stagnant...
some other factors in play too...but inflation and covid have major effect on property price
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post Sep 30 2021, 12:50 PM

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As long as not mahaidin right

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post Sep 30 2021, 12:51 PM

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QUOTE(Freshmeat21 @ Sep 30 2021, 12:46 PM)
And the likes of Zakir naik can come in and marry our aweks (4 maximum) and apply for earth prince status, kek
Terbaik
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user posted image

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cempedaklife
post Sep 30 2021, 12:53 PM

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QUOTE(Izzanobody @ Sep 30 2021, 12:50 PM)
As long as not mahaidin right

user posted image
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This is established during his administration. Topkek
kelvinlym
post Sep 30 2021, 01:03 PM

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QUOTE(kidmad @ Sep 30 2021, 12:06 PM)
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.
*
Dude what are you mad about? Cool down your horses man.

I’m not against the policy nor for it. I’m saying this has nothing to do with investments in the country because MM2H economic impact is very low. They’re just retirees. I’m arguing with the person who said that DAP is against this because they want low grade investment into the country.

The impact is the flip flop policies which ruins the image of Malaysia being a place to do business which will affect the economy more.

Also, I can’t really understand your argument because of the grammar and sentence structure. Maybe try to improve it a little?

You’re saying we don’t want lower tier foreign labour which I partially agree, but those jobs have to be filled somehow.

When you were talking about the stupid initiative, is it about the MM2H policy overall or just the recent change in the requirements?
Clement1001
post Sep 30 2021, 01:05 PM

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Penungang agama politik semuanya bodoh dan bingung tentang economy ~ biarlah~

This post has been edited by Clement1001: Sep 30 2021, 01:06 PM
kidmad
post Sep 30 2021, 01:07 PM

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QUOTE(kelvinlym @ Sep 30 2021, 01:03 PM)
Dude what are you mad about? Cool down your horses man.

I’m not against the policy nor for it. I’m saying this has nothing to do with investments in the country because MM2H economic impact is very low. They’re just retirees. I’m arguing with the person who said that DAP is against this because they want low grade investment into the country.

The impact is the flip flop policies which ruins the image of Malaysia being a place to do business which will affect the economy more.

Also, I can’t really understand your argument because of the grammar and sentence structure. Maybe try to improve it a little?

You’re saying we don’t want lower tier foreign labour which I partially agree, but those jobs have to be filled somehow.

When you were talking about the stupid initiative, is it about the MM2H policy overall or just the recent change in the requirements?
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my bad then. I'm referring to the recent change of the policy. and this is kopitiam, kopitiam language is the standard.

I'm mad cause some retards are linking them directly to the inflation of property prices. topkek bodoh.

and that's my point tackle the fundamentals and high influx of foreign labor.. why waste time in mm2h.. always spending resources in the wrong area/place.

This post has been edited by kidmad: Sep 30 2021, 01:08 PM
Red_rustyjelly
post Sep 30 2021, 01:07 PM

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QUOTE(kidmad @ Sep 30 2021, 12:47 PM)
that's exactly the group. the ones who applied visa for teaching english, jap, korea but instead of teaching they went travelling around.. living in thailand.

there are few category of visa's in thai and the ones where foreigners commonly applied would be the teaching visa.. they teach down there a couple of months then quite and travel for the rest of the year.
*
In Australia, you can apply work holiday visa, work for 4 months then travel the rest of the time.

is that abuse too?
blek
post Sep 30 2021, 01:08 PM

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QUOTE(pretty23 @ Sep 30 2021, 10:12 AM)
orang kita really suck in economy.
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They bodo only know how to play race card to bait bodo supporter gain power and benefit. Yes. Majority are still bodo even given tongkat quota uni high education.
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post Sep 30 2021, 01:11 PM

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KPI met.. big "bonus" for all the minister..
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post Sep 30 2021, 01:13 PM

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QUOTE(blek @ Sep 30 2021, 01:08 PM)
They bodo only know how to play race card to bait bodo supporter gain power and benefit. Yes. Majority are still bodo even given tongkat quota uni high education.
*
Keep saying oren kita bodoh and expect to gain support from them during PRUs?

DAPiques failed big time trolololol.
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post Sep 30 2021, 01:14 PM

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QUOTE(damonlbs @ Sep 30 2021, 12:34 PM)

*
I agree that there is definitely a trickle down effect. The RM48bil impact as stated, I feel is a bit exaggerated. There were 48000 visa holders and he claimed each spends RM1 million a year? Most of the money is in FD only to satisfy the requirements. It’s not a direct translation of ringgit value to economic impact. The money has to be circulated to have an impact.

I do think that a further tightening of policy is up to the government of the day, but the knee jerk flip flop way of implementing will have a negative perception to the way the country is run.

They could have put out a clearer and smoother transition to lessen the impact on the visa holders.
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QUOTE(Red_rustyjelly @ Sep 30 2021, 01:07 PM)
In Australia, you can apply work holiday visa, work for 4 months then travel the rest of the time.

is that abuse too?
*
that's for a year and it's for those under 30 year old. it's meant for your to be able to grab on those lower end jobs like plucking apple/potatos to fill up positions where their local never wanted to do before you continue your holiday. the name of the visa itself is called ' working holiday visa'..

does a teaching visa sounds like a holiday visa to you? if you need extension to your 3 months holiday visa go get it.. you don't abuse a visa applied for different purpose.. and why are you even comparing visa of a different country? so i hit a jackpot where your so called friends are abusing the Thai visa eh?

This post has been edited by kidmad: Sep 30 2021, 01:16 PM
blek
post Sep 30 2021, 01:15 PM

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QUOTE(Zaryl @ Sep 30 2021, 01:13 PM)
Keep saying oren kita bodoh and expect to gain support from them during PRUs?

DAPiques failed big time trolololol.
*
We don't sweet talk to gain support. We are sincere for your goods and future country growth. Too bad you are still immature spoiled child keep taking healing politicians bait.
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post Sep 30 2021, 01:17 PM

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QUOTE(kidmad @ Sep 30 2021, 01:14 PM)
that's for a year and it's for those under 30 year old. it's meant for your to be able to grab on those lower end jobs like plucking apple/potatos to fill up positions where their local wanted to do before you continue your holiday. the name of the visa itself is called ' working holiday visa'..

does a teaching visa sounds like a holiday visa to you? if you need extension to your 3 months holiday visa go get it.. you don't abuse a visa applied for different purpose.. and why are you even comparing visa of a different country? so i hit a jackpot where your so called friends are abusing the Thai visa eh?
*
say the person who compare us with Thai first. top kek.
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QUOTE(Zaryl @ Sep 30 2021, 01:13 PM)
Keep saying oren kita bodoh and expect to gain support from them during PRUs?

DAPiques failed big time trolololol.
*
these are the mentality which is holding us back.. continue on trololol and be a peasant for those who are using you for their personal agenda.
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post Sep 30 2021, 01:18 PM

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Err.. Already Uturn for existing visa holders?

https://www.expatgo.com/my/2021/09/27/resid...sigh-of-relief/
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post Sep 30 2021, 01:21 PM

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QUOTE(Red_rustyjelly @ Sep 30 2021, 01:17 PM)
say the person who compare us with Thai first. top kek.
*
the one comparing is sky2006 bangau.. I'm just stating the fact that they tighten their visa especially the ones for teaching. really topkek. this is your come back line ker?

you sendiri triggered when i say they tighten teaching visa and u compare them with a work holiday visa for AU. pandai.

This post has been edited by kidmad: Sep 30 2021, 01:21 PM
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post Sep 30 2021, 01:21 PM

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QUOTE(alanyuppie @ Sep 30 2021, 11:19 AM)
Will he barked the same shit if the foreigners DAP protected consisted of palestinians and rohingyans?
*
He would jail the DAP person involved like how LGE got jailed for defending a Malay woman
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post Sep 30 2021, 01:22 PM

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QUOTE(kidmad @ Sep 30 2021, 01:07 PM)
my bad then. I'm referring to the recent change of the policy. and this is kopitiam, kopitiam language is the standard.

I'm mad cause some retards are linking them directly to the inflation of property prices. topkek bodoh.

and that's my point tackle the fundamentals and high influx of foreign labor.. why waste time in mm2h.. always spending resources in the wrong area/place.
*
That I totally agree. This policy doesn’t have a great economic impact and doesn’t affect housing prices in the affordable category due to the restrictions imposed.

Most Malaysians don’t have a strong grasp on policy making and economics hence they blame others on their inability to achieve their “dream” home.

And yes, the country should instead reduce our reliance on foreign labour but it’s a challenging problem. See what happened in UK, nobody wanted to become a lorry driver despite the shortages. If we reduce foreign labour and force local employment, it’s no guarantee that the B40 group will have the desire to pick up these jobs, even if wages increase.

I’m just irritated at the way the country is flip flopping and indecisive.
Kelly_Sim
post Sep 30 2021, 01:24 PM

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thats why Msia always falls behind many other country.

need to ramp up the standard.
Red_rustyjelly
post Sep 30 2021, 01:27 PM

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QUOTE(kidmad @ Sep 30 2021, 01:21 PM)
the one comparing is sky2006 bangau.. I'm just stating the fact that they tighten their visa especially the ones for teaching. really topkek. this is your come back line ker?

you sendiri triggered when i say they tighten teaching visa and u compare  them with a work holiday visa for AU. pandai.
*
not triggered, the fact that you assume my genuine Japanese friends in my first post already shows that you have the assumption type. Assume first, think later type biggrin.gif

Thats why Msian many times fail.

kelvinlym
post Sep 30 2021, 01:28 PM

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QUOTE(dogbert_chew @ Sep 30 2021, 01:18 PM)
Err.. Already Uturn for existing visa holders?

https://www.expatgo.com/my/2021/09/27/resid...sigh-of-relief/
*
You see, this is exactly the reason why I said flip flopping will cause damage.

If it has been communicated clear from the beginning that current holders are not affected, there’s no hoohaa to begin with.

It is definitely fair to impose new regulations to new applicants as policies are decided based on the current circumstances. But never apply retrospectively!

The damage to the trust of the government has been done. This will affect the country more than the RM48bil that would allegedly be lost.

This post has been edited by kelvinlym: Sep 30 2021, 01:28 PM
SUSfuzzy
post Sep 30 2021, 01:28 PM

*pew pew pew*
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LOL, cannot even qualify for Malaysia, wanna qualify for Singapore?
kidmad
post Sep 30 2021, 01:31 PM

Look at all my stars!!
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QUOTE(Red_rustyjelly @ Sep 30 2021, 01:27 PM)
not triggered, the fact that you assume my genuine Japanese friends in my first post already shows that you have the assumption type. Assume first, think later type  biggrin.gif

Thats why Msian many times fail.
*
well I'm just saying tightened visa policy in Thai your the one who bring in your friends and asking they would be leaving bla bla bla. if you couldn't care to explain why they are leaving it's either you don't know or you just wanted to keep face and giving some silly example like 'working holiday' visa to compare. triggered just say triggered if not triggered you won't even bother commenting when I'm just merely responding to sky2006.

sendiri kepo terbakar want to save face then putar.. typical.

This post has been edited by kidmad: Sep 30 2021, 01:36 PM
kidmad
post Sep 30 2021, 01:33 PM

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QUOTE(dogbert_chew @ Sep 30 2021, 01:18 PM)
Err.. Already Uturn for existing visa holders?

https://www.expatgo.com/my/2021/09/27/resid...sigh-of-relief/
*
... putar again.. farkked but i hope they just announce mm2h will be further reviewed no change for now.. period
B1az3
post Sep 30 2021, 01:35 PM

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u x suka, u kluar!
nakal_mode
post Sep 30 2021, 01:36 PM

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QUOTE(xCM @ Sep 30 2021, 10:15 AM)
what outcome did govt expect?
*
We are selective.
kidmad
post Sep 30 2021, 01:36 PM

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QUOTE(B1az3 @ Sep 30 2021, 01:35 PM)
u x suka, u kluar!
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i finding la sekarang.. which country to keluar. jap.. give me some time.
fluotone
post Sep 30 2021, 01:41 PM

street.cat.tales
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rip economy
Lanchio
post Sep 30 2021, 01:48 PM

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QUOTE(dogbert_chew @ Sep 30 2021, 01:18 PM)
Err.. Already Uturn for existing visa holders?

https://www.expatgo.com/my/2021/09/27/resid...sigh-of-relief/
*
QUOTE(kelvinlym @ Sep 30 2021, 01:28 PM)
You see, this is exactly the reason why I said flip flopping will cause damage.

If it has been communicated clear from the beginning that current holders are not affected, there’s no hoohaa to begin with.

It is definitely fair to impose new regulations to new applicants as policies are decided based on the current circumstances. But never apply retrospectively!

The damage to the trust of the government has been done. This will affect the country more than the RM48bil that would allegedly be lost.
*
Never Ever trust politicians, especially this HZ. Nothing formally in writing, he cakap shiok only.
Sycamore
post Sep 30 2021, 01:53 PM

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QUOTE(TiramisuCoffee @ Sep 30 2021, 11:34 AM)
Outdated data .... Also any idea who r the 50%?

Sadly 2 years of pandemic have made a lot of ppl “poorer”.  Kena “ forced out”?  bye.gif
*
Not outdated. This data is up to year 2018.
Sycamore
post Sep 30 2021, 01:59 PM

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QUOTE(iGamer @ Sep 30 2021, 11:50 AM)
As normal peasant, I believe these MM2H cause us to suffer higher prop prices. Their spending here at most benefit boss level ppl, not peasants.
*
Dude.

Dont bobo can or not.
The property they are allowed to buy is in another price segment.
Property company specifically build those segment of properties for them.
They build pipit houses for pipit. Two different categories properties.
potatobanana
post Sep 30 2021, 02:00 PM

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shallow minded gov
matrix88
post Sep 30 2021, 02:02 PM

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40k income per month? how many can qualify?
those jokers as government, really tearing the whole country down

shotgun
post Sep 30 2021, 02:03 PM

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QUOTE(smokey @ Sep 30 2021, 10:14 AM)
Kick out higher income n educated foreigners and keep low income and uneducated foreigners
*
i wonder what illegal immigrants can contribute to malaysia? doesnt pay a lot of taxes to malaysia.
SouthernAllStar
post Sep 30 2021, 02:05 PM

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QUOTE(kelvinlym @ Sep 30 2021, 01:28 PM)
You see, this is exactly the reason why I said flip flopping will cause damage.

If it has been communicated clear from the beginning that current holders are not affected, there’s no hoohaa to begin with.

It is definitely fair to impose new regulations to new applicants as policies are decided based on the current circumstances. But never apply retrospectively!

The damage to the trust of the government has been done. This will affect the country more than the RM48bil that would allegedly be lost.
*
J royal twice asked to reconsider.

masalah too many rulers in a country.
nbi
post Sep 30 2021, 02:09 PM

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anyone listening- u tak suka u keluar
maserati
post Sep 30 2021, 02:09 PM

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We are very selective when allowing foreigners into the country, just like potential fdi. It’s for the country’s own good. Jangan persoal
SUSFreshmeat21
post Sep 30 2021, 02:10 PM

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QUOTE(chrisweeks @ Sep 30 2021, 12:51 PM)
user posted image

user posted image
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Err who is this? Thanks
iGamer
post Sep 30 2021, 02:15 PM

Toxic ktards probably losers irl
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QUOTE(Sycamore @ Sep 30 2021, 01:59 PM)
Dude.

Dont bobo can or not.
The property they are allowed to buy is in another price segment.
Property company specifically build those segment of properties for them.
They build pipit houses for pipit. Two different categories properties.
*
I’m aware of the MM2H program way before they reset the prop floor price for participants. One angmoh bought around 300k prop in PG, only after ppl make noise then only slowpoke federal govt revise the floor price. Still the whole prop is inter-related.

Anyway u can comment like a civilised ktards without calling ppl bodoh or not?
chrisweeks
post Sep 30 2021, 02:17 PM

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QUOTE(Freshmeat21 @ Sep 30 2021, 02:10 PM)
Err who is this? Thanks
*
Fathers of future Soil Kings.
smokey
post Sep 30 2021, 02:17 PM

Infinity speed
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QUOTE(shotgun @ Sep 30 2021, 02:03 PM)
i wonder what illegal immigrants can contribute to malaysia? doesnt pay a lot of taxes to malaysia.
*
Pro:
Cheap manpower

Cons:
Outflow of money
Unhygienic
Barbaric
Need to subsidise their welfare
Breed like rabbit
Selectt
post Sep 30 2021, 02:20 PM

wattttt!!
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QUOTE(alanyuppie @ Sep 30 2021, 10:14 AM)
maybe its just typical greediness and wanted immediate gains  sacrificing long term benefits.
*
long term benefits is never their intention. their intention is to let go of educated high income foreigner to trade in low skilled labour for them to force them to vote them in next election.

we cannot perceive what our govt doing is aimless or goalless, everything they do has an objective thanks for decades preaching of mahafiraun.
KHinTheGame
post Sep 30 2021, 02:21 PM

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all the "u tak suka u keluar mentality". No wonder all investors run overseas like Indo, Thai & SG. Welp i dont blame them since i did the same thing.



This post has been edited by KHinTheGame: Sep 30 2021, 02:23 PM
Sycamore
post Sep 30 2021, 02:22 PM

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QUOTE(iGamer @ Sep 30 2021, 02:15 PM)
I’m aware of the MM2H program way before they reset the prop floor price for participants. One angmoh bought around 300k prop in PG, only after ppl make noise then only slowpoke federal govt revise the floor price. Still the whole prop is inter-related.

Anyway u can comment like a civilised ktards without calling ppl bodoh or not?
*
I think I am already very nice already in kopitiam. user posted image
supsupsui
post Sep 30 2021, 02:23 PM

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middle east ppl and somalis and their kids byebyebyebye.

support mm2h. Don't change anything


iGamer
post Sep 30 2021, 02:24 PM

Toxic ktards probably losers irl
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QUOTE(Sycamore @ Sep 30 2021, 02:22 PM)
I think I am already very nice already in kopitiam. user posted image
*
You “think”…

It’s easy to degenerate into toxic ktards. smile.gif
SUSpfizer
post Sep 30 2021, 02:25 PM

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QUOTE(dogbert_chew @ Sep 30 2021, 01:18 PM)
Err.. Already Uturn for existing visa holders?

https://www.expatgo.com/my/2021/09/27/resid...sigh-of-relief/
*
I dont believe this. They can give you so many hurdles just not to renew it if they want.
SUSFreshmeat21
post Sep 30 2021, 02:25 PM

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QUOTE(kelvinlym @ Sep 30 2021, 01:22 PM)
That I totally agree. This policy doesn’t have a great economic impact and doesn’t affect housing prices in the affordable category due to the restrictions imposed.

Most Malaysians don’t have a strong grasp on policy making and economics hence they blame others on their inability to achieve their “dream” home.

And yes, the country should instead reduce our reliance on foreign labour but it’s a challenging problem. See what happened in UK, nobody wanted to become a lorry driver despite the shortages. If we reduce foreign labour and force local employment, it’s no guarantee that the B40 group will have the desire to pick up these jobs, even if wages increase.

I’m just irritated at the way the country is flip flopping and indecisive.
*
Our government definitely are not indecisive, the ministers that are too free always thought of some stupid policies then launched it immediately without proper research in order to get media exposure. After that U-turn when backlashes get out of hand

SUSFreshmeat21
post Sep 30 2021, 02:33 PM

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QUOTE(smokey @ Sep 30 2021, 02:17 PM)
Pro:
Cheap manpower

Cons:
Outflow of money
Unhygienic
Barbaric
Need to subsidise their welfare
Breed like rabbit
*
Don’t think those legal foreign labourers are cheap with all those permits, agent fees, visas etc.
They are more efficient than our locals in the low skill jobs area, as they don’t have a lot of grandmas/grandpas mati leave
cablesguy
post Sep 30 2021, 02:37 PM

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kidmad

QUOTE(kidmad @ Sep 30 2021, 12:45 PM)
3.3m indon in malaysia and they did not go tackle... they tackle the 42k who isn't grabbing the local B50/B60 jobs..  bangwall.gif  bangwall.gif  bangwall.gif
*
Seriously, I'm at a loss as to what is going on, and what is the direction the country is taking.
Selectt
post Sep 30 2021, 02:38 PM

wattttt!!
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QUOTE(shotgun @ Sep 30 2021, 02:03 PM)
i wonder what illegal immigrants can contribute to malaysia? doesnt pay a lot of taxes to malaysia.
*
you forgot this?



user posted image
lopo90
post Sep 30 2021, 02:44 PM

On my way
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QUOTE(Selectt @ Sep 30 2021, 02:20 PM)
long term benefits is never their intention. their intention is to let go of educated high income foreigner to trade in low skilled labour for them to force them to vote them in next election.

we cannot perceive what our govt doing is aimless or goalless, everything they do has an objective thanks for decades preaching of mahafiraun.
*
So essentially we are on a sinking ship ....
smokey
post Sep 30 2021, 02:44 PM

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QUOTE(Freshmeat21 @ Sep 30 2021, 02:33 PM)
Don’t think those legal foreign labourers are cheap with all those permits, agent fees, visas etc.
They are more efficient than our locals in the low skill jobs area, as they don’t have a lot of grandmas/grandpas mati leave
*
Those one time fees are for agents only
And who are the agents??

Those foreign labourers monthly running cost and salary very low only

When they are cheap and replaceable, u can see many companies dont take health and safety seriously too..when a foreigner dies in construction mishaps, just replace with new one

This post has been edited by smokey: Sep 30 2021, 02:48 PM
kidmad
post Sep 30 2021, 03:24 PM

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QUOTE(cablesguy @ Sep 30 2021, 02:37 PM)
kidmad
Seriously, I'm at a loss as to what is going on, and what is the direction the country is taking.
*
at this point I'm just really sad to be honest but at the same time it's the few fools who still don't see what's wrong with the policy which agitates me..

if the people themselves can't be united it's just so easy for these political group to gain and upper hand and will continue to lead us to 'Holland'. yet some don't see it.. and they calling it a good move.

linking them to property price home it's stupid.. comparing them with visa tightening in Thailand is just ridiculous. I'm really at the point of planning my migration. can just go Aussie and join my cousin brother.
cablesguy
post Sep 30 2021, 04:18 PM

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kidmad

QUOTE(kidmad @ Sep 30 2021, 03:24 PM)
at this point I'm just really sad to be honest but at the same time it's the few fools who still don't see what's wrong with the policy which agitates me..

if the people themselves can't be united it's just so easy for these political group to gain and upper hand and will continue to lead us to 'Holland'. yet some don't see it.. and they calling it a good move.

linking them to property price home it's stupid.. comparing them with visa tightening in Thailand is just ridiculous. I'm really at the point of planning my migration. can just go Aussie and join my cousin brother.
*
Yup, but say too much we become agitated and alot will butthurt. And many more are thinking of leaving, but seriously, if given a choice, many will choose to stay, who wants to leave, grew up here. But maybe leaving is not such a bad idea after all, its getting from worse to downright unacceptable.

Here's Hannah Yeoh asking for the breakdown in renovation spending in ministers offices but PM cant answer, this is parliament, not some mamak tepi jalan

Sorry not sure how to embed

Link

This post has been edited by cablesguy: Sep 30 2021, 04:20 PM
SUSFreshmeat21
post Sep 30 2021, 05:32 PM

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QUOTE(smokey @ Sep 30 2021, 02:44 PM)
Those one time fees are for agents only
And who are the agents??

Those foreign labourers monthly running cost and salary very low only

When they are cheap and replaceable, u can see many companies dont take health and safety seriously too..when a foreigner dies in construction mishaps, just replace with new one
*
whoever is the agents doesn't makes the foreign worker costs cheap, those permits for foreign workers ain't one time, that's for sure.

if safety issues happens in a company, the company have to take responsibility, the compensation and penalties will not be cheap.
eaglehelang
post Sep 30 2021, 07:02 PM

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QUOTE(TiramisuCoffee @ Sep 30 2021, 11:45 AM)
The selling pts hv always been : friendly rakyat (pipit) , wonderful food ( 🤭 ), x earthquakes ( but got banjir 😖)... wat else... ?
*
Cheap rental, cheap food, cheap petrol, great medical care(&cheaper than their home country)

From Japanese, Koreans & mat salleh YouTubers staying here.
Cheap petrol is mentioned esp by Koreans & UK expats
TiramisuCoffee
post Sep 30 2021, 07:47 PM

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QUOTE(eaglehelang @ Sep 30 2021, 07:02 PM)
Cheap rental, cheap food, cheap petrol, great medical care(&cheaper than their home country)

From Japanese, Koreans & mat salleh YouTubers staying here.
Cheap petrol is mentioned esp by Koreans & UK expats
*
Tiramisu 😍🥰😘 Msia!
SammyMan
post Sep 30 2021, 07:56 PM

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Melayu economic fail as usual.
These ppl contributed alot to the economy. Housing, schools and many more. You think they only makan ramlee burger for bfast lunch dinner?? Then theres talent and future talent at stake. But no surprise as even brilliant kids given scholarship by neighbor Sg. Thats how pathetic and dumb the govt is for decades and the best part the majority rakyat cldn see it, which lead to my 1st point, economic fail.
jaycee1
post Sep 30 2021, 11:36 PM

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I personally know a bunch of expats that left msia in the past 5 years. These are seniors in the field. Some moved to Thailand.

I have one gwailo designer firm that is opening up shop in Bangkok. Eventually to shut down their local operation.

Now with this stupid move can expect more to leave.

Now who is going to rent your big ticket condos now?



SUSKarl Jung
post Sep 30 2021, 11:40 PM

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Government really want to wipe out all private companies and hire only government servants?
AyamBlend
post Oct 1 2021, 12:13 AM

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Ppl confused abt pr /expat work permit /mm2h
Chartry
post Oct 1 2021, 12:35 AM

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QUOTE(kidmad @ Sep 30 2021, 03:24 PM)
at this point I'm just really sad to be honest but at the same time it's the few fools who still don't see what's wrong with the policy which agitates me..

if the people themselves can't be united it's just so easy for these political group to gain and upper hand and will continue to lead us to 'Holland'. yet some don't see it.. and they calling it a good move.

linking them to property price home it's stupid.. comparing them with visa tightening in Thailand is just ridiculous. I'm really at the point of planning my migration. can just go Aussie and join my cousin brother.
*
Too bad, some people like to blame stuffs on foreigners. Property expensive is because of foreigners padahal price floor were introduced to prevent that. Still want to argue last time somebody bought condo in pg for 300k.

Reality is since mm2h were introduced, there were around 3 mil residential property transactions made in Malaysia.

Even if we assume half of mm2h applicants bought a property here, that constitutes only about 0.5% of the total transactions.

Assuming each applicant spends about rm8,000 per month in Malaysia, the direct inflow is RM4 billion per year. Belum kira multiplier effect to the economy when they spend the money locally.




 

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