Sunny Side Up!

Time to whip those shades out as the sun’s shining brightly for the Malaysia My Second Home program!

The UK, Middle East (specifically Iran), Japan, Korea and Australia will be the targets of the Malaysia My Second Home agents in 2010. Based on records, citizens of these countries have found a liking towards Malaysia and most were driven by our soothing tropical climate as well as our very palatable currency rate.

While the UK and Australia are part of the Commonwealth and may be more familiar with our political and social structures, the rest are not. However, successful participants of the program or also commonly known as the Homers have testified to favoring Malaysia when thoughts of extreme weather and skyrocketing standards of living crossed their minds.

When reminded of the seasonal climate back home, most would baulk at the burden of having to adapt like a chameleon at the turn of every season. But over in Malaysia, they beam at the daily sun with smiles on
their faces. Suffice to say, spirits were lifted with the consistent weather where even the sun and sea seeking folks have professed their love for our pristine sandy shorelines.

On the business front, the MM2H agents are looking at growing the industry by another 30%, in tandem with the healthier state of our domestic economy. Spurred also by the more matured MM2H program, the Agents are adamant about welcoming our new friends to join the more than 13,000 Homers in the country. Just last February, some measures were taken to refine the program to ensure Malaysia is as competitive if not more attractive when compared to similar programs in the region. Among them are the eligibility to work up to 20 hours a week in selected sectors b skilled professionals above 50 years old, ability to actively participate in business an investment activities, extension of the Socia Visit Pass from five to ten years (see MM2H Improvements).

In an effort to promote the program further, the MM2H Agents Association has earmarked mid-2010 to hold its very first Symposium after a successful Training and Dialogue Seminar held in September 2009. The Symposium aims to bring together more practitioners this time round to keep them abreast with issues critical to the business. Policies surrounding the program top the Symposium’s agenda and this is followed by topics on professionalism, economic trends, political direction, investment options, business opportunities and even easy going touristy issues such as holiday destinations, shopping varieties and nature adventures. HF

Improvements on MM2H ( as of 13 february 2009 )

  1. Qualified MM2H participants aged 50 and above with specialized skills and expertise that are required in the critical sectors of the economy are allowed to work on a part time basis. The approval to work part time is subject to the following conditions:
    • The application is approved by the MM2H Special Committee.
    • The work contract needs to state that MM2H participants are working on a part time basis with work schedule attached.
    • Total number of work hours a week does not exceed 20 hours.
  2. MM2H participants are allowed to invest and actively participate in business, subject to existing government policies, regulations and guidelines which are in forces for the relevant sectors.
  3. Foreign spouses of Malaysian nationals are eligible to apply for MM2H, subject to the terms and conditions of the MM2H program. Alternatively, they have the option to apply for the Spouse Program.
  4. The 10-year Social Visit Pass is extended to all Silver Hair and MM2H participants who were previously approved under the fiveyear Social Visit Pass, subject to the validity of their passports.