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

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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
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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