https://www.malaymail.com/news/malaysia/202...l-tycoons/25904

Game over luxury high rise and Iskandar. RM 200k for an application fee. Chee sin.

This post has been edited by Cavatzu: Sep 2 2022, 01:15 PM

criminal magnet for sure

isnt this additional option on top of current MM2H?

Nice, now rakyats can buy Mont Kiara/KLCC properties liao, can get cashbacks summore, syok

That's Malaysia for you... meantime our northern cleverer neighbours

Thailand lures rich-foreigners 10 year visa tax breaks

Basically chasing out all the low-quality foreigners and eventually, property developers need to do a fire sale to clear all the unsold stocks.

why condem, if Malaysia want to control the quality of people coming over to Malaysia?

we filter off, put bar high. and then review and lower if needed.
you want all tom dick and harry to come over?

I believe this is different from the MM2H program. It's another route and may help to boost our housing market, education market, medical tourism etc. However shady folks may benefit the most from this... i hear the Rajapaksas are first in line...

The middle class from more developed countries are hardly low quality. They drove a lot of charitable movements around stray dogs and women’s empowerment. They also contributed to a cosmopolitan upper middle lifestyle and expenditure.

It just seems very short sighted in a time when everybody is keen to get back to business and open up the country for some much needed cashflow. The unfriendly and flip flop Policies have really driven a lot of people away.

The MM2H criteria are about the same without the exorbitant fee and mandatory 90 day stay. I’m not entirely clear if this takes it’s place. Regardless neither are PR in any form when one can stay in Malaysia 90 days at a time anyway.

This post has been edited by Cavatzu: Sep 2 2022, 01:01 PM

Oh no, richy & riches no coming to Malaysia spending, who pay our bill & salary? 😭

Don't say Mont Kiara, later Ulu Kampung we also got no money buy.

https://www.freemalaysiatoday.com/category/...rich-investors/

“The bill PVIP does not replace the MM2H programme aimed at retired foreigners seeking to settle in Malaysia. Participants are not eligible for citizenship.”

Difference is MM2H is retiree only though I’m pretty sure they had limited work rights. I’m struggling to see how this visa would be handy for affluent mid career or C suite foreigners. Maybe if you offered a passport.

This post has been edited by Cavatzu: Sep 3 2022, 11:05 AM