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Some of the terms include a placement of fixed deposits in local banks from RM150,00 to RM300,000 for couples, property investment for residential purposes of at least RM600,000 for applicants between 40 and 50 years old and applicants above 30 years old are also considered if they are accompanying their children to study in Sarawak or seeking long-term medical treatment.Ĭhua said it would be a disappointment if Sabah does not take an active approach over the MM2H programme, saying many foreigners think Sabah as a highly liveable place with the clean air, nature and low cost of living. The Borneo state has its own independent panel to deliberate and decide on the applications. On August 24, Sarawak in response to the MM2H programme decided to come out with the Sarawak-MM2H (S-MM2H). The measure taken by Putrajaya deemed unfair, include a minimum monthly income increase to RM40,000 (300% increase), a minimum fixed deposit increase to RM1 million (600% increase), a minimum liquidity requirement increase to RM1.5 million (400% increase), a yearly visa fee increase to RM500 (600% increase) and a duration of MM2H visa reduce to 5 years. Sabah government must take a firm stand and not follow the new terms introduced by Putrajaya that are set to be implemented in October,” he said in a statement here today. The new terms appear to "penalize" the foreigners. “The new MM2H terms contradict the spirit of the MM2H program, which is to promote Malaysia and attract foreigners. Not only this, he said the new terms set by Putrajaya could lead to an exodus of expatriates and foreigners who have already been in Sabah for a long time. The participants of the Programme are also strictly forbidden from participating in activities that are sensitive to local people, politics, missionary work, and in activities that are provocative, instigative, and sensitive in nature that could threaten the security of the country or state.Its president Datuk Chua Soon Ping said the state government should emulate Sarawak on the MM2H which are setting their own requirements, aptly known as Sarawak-MM2H (S-MM2H), not following the federal revised criteria that is now seen driving foreign investors away from Malaysia. Participants are not allowed to work for the duration of their participation in the Programme, except where permission has been granted by the Director General of Immigration. The amount depends on the country of origin of the applicant and ranges from RM 200 to RM 3,000.Īll participants and their dependents are requited to purchase medical insurance and present proof of the purchase before obtaining the S-MM2H pass. The sponsor if required to sign a personal bond as sponsor (guarantor) of the application. Successful applicants are issued with 10 years of approved visitors pass with a Multi Entry Visa and applicants for extension must be done for the second half of the period, subject to the validity of the applicant’s passport and submission of the new medical report.Ī participant is required to stay at least 15 days in each year in Sarawak.Īn applicant must be sponsor who is a Sarawakian and who currently resides in Sarawak of by a MM2H-licensed agent that is registered in Sarawak. For applicants aged 30 years and above, by showing proof of monthly off-shore income funds of RM 7,000 per individual and RM 10,000 per couple.
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For applications aged 50 years and above, by presenting proof of government approved pension funds of minimum RM 7,000 per individual and RM 10,000 per couple orĬ. Opening a fixed deposit account with any local bank in Sarawak with a minimum fixed deposit of RM 150,000 per individual and RM 300,000 per couple ī. S-MM2H Programme must be 50 years old and above but there is no age requirement for their spouse.Īpplicants aged 30 to 50 years may apply if they have children below 18 years old who are pursuing further education in Sarawak or if they are undergoing long-term medical treatment in Sarawak, with their condition verified by private or government physicians registered with the Malaysian Medical Council.Īpplicants are expected to be financially capable of supporting themselves for the duration of their participation:Ī.