A skill transfer/mentorship to a Malaysian as a precondition for the foreign visa holder to work could result in a mutually beneficial situation. My clients bring with them a wealth of knowledge. “Not everyone wants to play golf all day. “Hopefully, the previous high onerous proof of monthly income will not come back in the implementation stage as a form of unwritten practice to screen applicants for their financial standing when applications are considered.” “I agree with what the Minister has said that the new criteria are indeed simpler and clearer,” Sam Choong, a Penang-based lawyer who deals with immigration matters, told Al Jazeera. “High on the list is the required monthly income which is the biggest single obstacle for most people wanting to apply for the existing MM2H visa.” “The new rules open up the visa programme to a lot more people although a few things are still to be clarified,” Andy Davison, the CEO of expat-focused publisher TEG Media, told Al Jazeera. It is very likely after the one-year special edition is over, the requirements will tighten again.”Īl Jazeera – Malaysia’s MM2H visa shake-up prompts cautious welcome – and questions “As with all golden visa programmes, the requirements may get more stringent over time. Vincent Fong, founder of the MM2H Club, a consulting agency for the scheme in Hong Kong, said, “The ministry’s feedback is that everything should be ironed out in January, I believe that the first quarter of 2024 is a good estimate of when this programme can be launched.” “On the face of it, this seems like an improvement, but we will know more when it is actually launched and all the details are known,” said Andy Davison, the chief executive of Kuala Lumpur-based The Expat Group. Liew, whose clients are predominantly from mainland China, said fewer than 400 families a year made the cut after the 2021 revision to the entry rules, compared to 5,610 families in 2018.

“It definitely will revive their interest,” said Anthony Liew, president of the MM2H Consultants Association. South China Morning Post – Malaysia reboots flagging ‘second home’ golden visa scheme with eye on Chinese expats Sam Choong of UsKhaw Cheow Poh & Associates.Anthony Liew of MM2H Consultants Association.

Investment migration people in the news this week included:

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