Tourism Malaysia Director in Singapore Zalizam Zakaria issued a statement recently urging Malaysians living in Singapore to promote the Malaysia My Second Home (MM2H) programme there.
Speaking with Malaysian national news agency Bernama, Zalizam noted that residents of Singapore were in the top 10 of all nationalities making purchases in Malaysia. The MM2H programme exists to allow criteria-meeting foreigners to purchase property and live in Malaysia on a 10 year, multiple-entry, renewable, visa. MM2H is open to residents of any country, and spouses and unmarried children younger than 18 are allowed to come too.
At a Tourism Malaysia-hosted event at the Malaysian High Commission in Singapore, Zalizam spoke of the importance of utilizing word of mouth to spread knowledge of the programme, and encouraged Malaysians to tell friends about MM2H’s benefits, including the ability to import goods and purchase a car tax-free.
In addition to Malaysia’s relatively low cost of living, MM2H participants also receive some of the benefits as Malaysian citizens, including access to the national healthcare system. In an Annual Global Retirement Index published in 2009, Malaysia was ranked as the 16th most desirable retirement destination.
Source : PRSEA – 30 May 2011
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