Recently, the federal government announced that the MM2H Programme will resume online in October 2021 with stricter criteria such as an increase of compulsory fixed deposits in local banks from RM150,000 (age over 50) - RM300,000 (age less than 50) to RM1 million, offshore monthly income increases to RM40,000 from RM10,000. "The promotion of high yield quality tourism programmes like S-MM2H would certainly benefit the tourism sector in Sarawak." "As part of the state's post Covid-19 Development Strategy (PCDS), we will continue to actively diversify our tourism beyond leisure tourism by looking at the potentials of S-MM2H in bringing quality visitors to Sarawak." Karim said the state has received a total 1,306 participants in the S-MM2H programme in the past 14 years. Meanwhile, a minimum stay period of 15 days cumulative per year is required and a 10 years pass will be issued to successful applicants. The requirement to invest in real properties specifically for residential purposes with a total amount of at least RM600,000 applies only to applicants who are between 40 and 50 years old.Īpplicants who are above 30-years of age could also be considered if they are accompanying their children to study in Sarawak or seeking long term medical treatment. He said the panel is chaired by the Sarawak Tourism, Arts and Culture Ministry and Sarawak Immigration Department, Chief Minister's Department, Sarawak State Attorney General's Office, Sarawak Health Department, police as well as the federal Tourism, Arts and Culture Ministry and other agencies.Ĭurrently, among S-MM2H criteria are placement of fixed deposits in local banks from RM150,000 for individuals to RM300,000 for couples. We have our own independent panel to deliberate and decide on the applications," he said during a press conference here today. "In fact, we revised the requirements for S-MM2H in September last year. He said when the federal government decided to suspend the programme in June last year to review and re-evaluate its requirements, Sarawak didn't follow suit to put on hold the programme. ![]() Sarawak Tourism, Arts and Culture Minister Datuk Abdul Karim Rahman Hamzah said the S-MM2H programme aims to continue welcoming participants to enjoy the hospitality and warmth of Sarawak. “The newly revised S-MM2H programme will certainly benefit all stakeholders, in particular with the use of registered agents to create new jobs and boosting economic growth in Sarawak,” he added.KUCHING: The Malaysia My Second Home in Sarawak (S-MM2H) programme will not be affected by revised requirements announced by the federal government recently. “The promotion of high-yield quality tourism like via the S-MM2H programme for longer stay will certainly benefit the tourism sector in Sarawak through the potential expenditure revenue and residential investment,” he said.Ībdul Karim said the ministry was expecting the S-MM2H programme to have 1,000 new participants, generating an estimated RM8.34 million in revenue and RM31 million in investment by 2030. "As part of the response to post-COVID-19 recovery, Sarawak needs to actively continue to diversify its tourism beyond leisure tourism by looking at the potential of the S-MM2H in recent years in bringing in quality visitors," he said.Ībdul Karim said the outbreak of COVID-19 globally, coupled with the enforcement of movement restriction and border control had caused a sharp decline in travel and leisure, resulting in an unprecedented severe impact on Sarawak's tourism sector. “The S-MM2H programme will not be affected by the federal government’s suspension of the MM2H programme and all interested foreigners are welcome to apply,” he said at a press conference to announce the enhanced S-MM2H regulations and requirements, here, today.Īccording to him, the MM2H had to be temporarily suspended as the federal Tourism, Arts and Culture Ministry needed to review and re-evaluate the programme since its inception in 2002. ![]() State Tourism, Arts and Culture Minister, Datuk Abdul Karim Rahman Hamzah said foreigners could apply for the S-MM2H by abiding to the new enhanced regulations and requirements for the programme which came into effect on Sept 1. ![]() KUCHING (Sept 4): Sarawak will continue to offer the Sarawak-Malaysia My Second Home (S-MM2H) programme to foreigners although the federal government has decided to suspend the MM2H until this Dec 31.
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