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News Malaysia Premium Visa Programme for global tycoons, PVIP

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SUSBlackagar Boltagon
post Sep 2 2022, 10:34 AM

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Malaysia fucking delusional. Already muslims country cannot do this, cannot do that then now expect so much

Thailand so free also can get golden visa easily. Cambodia also nice. Sohai lah Malaysia.
Midnight Rain
post Sep 2 2022, 11:08 AM

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For retiree who has rm16 millions and at FD rate of 3%, they can easily generate 40k per month and qualify. So essentially anyone rich enough can easily qualify for this even when not working. The FD 1 million is just a minor and insignificant criteria.

That will exclude most of the middle class from all countries though, only T10 and above are likely to qualify.

For rich expat that already works here, they already live here and this program is not relevant to them.

The question is though, if you are T10 from another country, you have lots of choices and whether Malaysia is attractive to you. I think it is unlikely to achieve that 1% quota.
doublecool
post Sep 2 2022, 11:25 AM

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QUOTE(styrwr91 @ Sep 2 2022, 08:33 AM)
Got monthly income requirement.. means retiree cannot come?
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interest from FD is also type of income
ja836kyau
post Sep 2 2022, 11:30 AM

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RM 1m means tycoon?

feynman
post Sep 2 2022, 11:45 AM

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QUOTE(Midnight Rain @ Sep 2 2022, 11:08 AM)
For retiree who has rm16 millions and at FD rate of 3%, they can easily generate 40k per month and qualify. So essentially anyone rich enough can easily qualify for this even when not working. The FD 1 million is just a minor and insignificant criteria.

That will exclude most of the middle class from all countries though, only T10 and above are likely to qualify.

For rich expat that already works here, they already live here and this program is not relevant to them.

The question is though, if you are T10 from another country, you have lots of choices and whether Malaysia is attractive to you. I think it is unlikely to achieve that 1% quota.
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Precisely.......

These clowns continue to do clowning things. They definitely do not know who are they trying to attract....

The richest of the rich in the world will not move to msia, they will live in NYC, London, Switzerland, Paris, LA, Monaco, SG HK or Dubai......cities and countries where there's enough events and activities to amuse them

So with this threshold, you're really targeting people who cannot live that rich lifestyle in OECD/rich countries. I.e. if you wanna play in monaco, shop is milan and ski in switzerland, you need to be throwing millions of euros around, that's a different scale already. 1M ringgits, is essentially about 200k euros only, for the most part, it's like the upper end of the middle class or T20 in rich countries....hardly can be considered as tycoons.

Rich people from developing countries, when they are rich, they are really rich and their target countries are OECD countries.....why would you move to a half-assed country like msia? When you can move to australia or canada?

This post has been edited by feynman: Sep 2 2022, 11:47 AM
knumskul
post Sep 2 2022, 11:53 AM

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Cukur Jho Low can come home eat nasi lemak
yhtan
post Sep 2 2022, 12:00 PM

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If i'm the ultra rich in category T1, i'll rather apply Singapore PR and enjoy the low tax rate there, then occasionally cross/fly to Malaysia and enjoy both
a13solut3
post Sep 2 2022, 12:11 PM

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better don't come, later the 1m FD, 51% is locked for prince use only
Lancer07
post Sep 2 2022, 12:16 PM

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Doubt who will come? always ban this and that, even concert also shout to ban
Peace888
post Sep 2 2022, 12:32 PM

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No, thank you
SUSdattebayo
post Sep 2 2022, 12:35 PM

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QUOTE(ycs @ Sep 2 2022, 10:18 AM)
thai got weed, sinki got lgbt; here got what?
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Ticket to syurgo courtesy of PAS
72 virgins included
netmatrix
post Sep 2 2022, 12:36 PM

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Its like a big

WE WELCOME MORE JHO LOWS HERE!
jojolicia
post Sep 2 2022, 12:39 PM

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End of the long write finally comes to this one off fee 200k

This post has been edited by jojolicia: Sep 2 2022, 12:41 PM
jojolicia
post Sep 2 2022, 12:48 PM

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QUOTE(Midnight Rain @ Sep 2 2022, 11:08 AM)
For retiree who has rm16 millions and at FD rate of 3%, they can easily generate 40k per month and qualify. So essentially anyone rich enough can easily qualify for this even when not working. The FD 1 million is just a minor and insignificant criteria.

That will exclude most of the middle class from all countries though, only T10 and above are likely to qualify.

For rich expat that already works here, they already live here and this program is not relevant to them.

The question is though, if you are T10 from another country, you have lots of choices and whether Malaysia is attractive to you. I think it is unlikely to achieve that 1% quota.
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Bro, its RM 1million, most of M40 of others developing countries hit that bracket. Don't make the T10 of others developing countries laugh out their lung. Unless this scheme is designed to attract non-developing countries VIP T10
SUSBlackagar Boltagon
post Sep 2 2022, 12:57 PM

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As long as Mahathir still alive cannot trust Malaysia. Visa program must be stable and cannot be flip flop. The rule must be consistent for at least 20 years.
SUSBlackagar Boltagon
post Sep 2 2022, 12:58 PM

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QUOTE(netmatrix @ Sep 2 2022, 12:36 PM)
Its like a big

WE WELCOME MORE JHO LOWS HERE!
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Got jho low good what. Hajj quota increase 5x under him. Now Malaysia sohai persecute him, Malaysia hsjj quota drop again. SA fuck Malaysia.
nobrainer86
post Sep 2 2022, 01:00 PM

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Lol how many different rules we had in past decade? Mm2h, RPT, talentcorp, now this?

bereev
post Sep 2 2022, 01:04 PM

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just direct say only wellcome Middle east rich arabian la
seisohai

This post has been edited by bereev: Sep 2 2022, 01:05 PM
SUSFreshmeat21
post Sep 2 2022, 01:57 PM

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LOOOL Rm1million in FD is Tycoon? hahaha
estcin
post Sep 2 2022, 02:00 PM

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MM2H - Helang edition?
Tycoon also don't want to come here la, better go SG

This post has been edited by estcin: Sep 2 2022, 02:00 PM

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