The MM2H programme is promoted by Malaysia to allow foreigners, who fulfill certain criteria, to stay in Malaysia for as long as possible on a 10 year multiple-entry social visit pass which is renewable.
Open to citizens of all countries recognised by Malaysia regardless of race, religion, gender or age, applicants are allowed to bring their spouses and unmarried children below the age of 18 as dependents.
The Malaysian High Commission in Singapore, in collaboration with Tourism Malaysia briefed Malaysians living in the city-state at its monthly "Malaysians Get Together" on the advantages of owning a house in Malaysia.
Zalizam impressed upon the Malaysians to do a "sales pitch" among their
Singapore friends by highlighting the fact that the Malaysian government would continuously seek to improve the programme to ensure its success.
He said Malaysia should be their second home based on its ranking as the 16th most preferred top retirement haven in the "Annual Global Retirement Index" in 2009, according to International Living.com.
Apart from a relatively low cost of living, Zalizam said it was worthwhile to note that those who qualified would be able to bring their immediate family members along, own freehold property in Malaysia, import worldly goods and even purchase a brand new car, tax free.
"They can also enjoy all the multiple benefits that Malaysia offers to its citizens," he said, explaining further that Malaysia had an efficient and affordable healthcare system. Just a stone's throw across the causeway, Zalizam said Singaporeans should grab low-priced apartments, town houses, beachside villas and sprawling houses in city suburbs, which was real value for money, and make Malaysia their their second home.
Source http://www.bernama.com.my/
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