As of July 31, there are 57,478 foreigners who are holders of the MM2H passes, of which 28,249 are principals while the rest are their dependents. On complaints that the new policy imposed by the government was too restrictive, he said the government needed to ensure participants of MM2H “are of quality and can help generate income and spur the economy”. “If the participants are young and their income is just between RM1,000 and RM3,000, they benefit more by living in Malaysia and contribute only a little to the economy. The minister said the condition on offshore income for MM2H participants remained the same for almost 20 years from 2002 until changes were made recently. keywords: MM2H, participant, income, offshore, policy, Hamzah Zainudin

Source: The Star September 01, 2021 07:30 UTC