Despite all the controversies of the program Tourism Minister, Datuk Seri Dr Ng Yen Yen, is targeting UK buyers to take part in the Malaysia My Second Home (MM2H) program. The program gives foreigners who fulfill certain financial and other criteria a multiple-entry visa, allowing them to reside in Malaysia for 10 years.
At an event in London last week, organised by the Malaysian Tourism board. She said: “We know that many Brits buy homes in Spain an France, and now with globalisation and the ease of travelling with low-cost budget airlines people are going further away, seeking more diverse cultures and a more interesting and exciting destination.”
She added: “Our linkage with the UK is so strong. You left us education and legal systems and the civil service, and we have utilised it to the maximum. It’s always important to communicate easily, and English is very widely spoken in Malaysia. We have political stability too – our airports have never been closed, we achieved independence without a drop of blood, and have progressed tremendously.”
She went on to say: “China and India is another market with a big population that we are targeting. We want to attract a certain group of people, who can afford to live well, not necessarily luxuriously but comfortably. But the UK is always a frontrunner. I believe that the more awareness there is the more British will come.”
The country is streamlining the application process for the Malaysia My Second Home Program, to make it easier and quicker. Dr Ng said: “We’re sharpening the Malaysian second home product to make it better and tidier. Five months is a long time for processing, we are now aiming for 3 months.”
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