Interest from South India on Malaysia My Second Home growing
NEW DELHI — The Malaysia My Second Home programme,popularly known as MM2H, has generated a lot of interest in India, particularly in South India, where several people are looking to invest or reside in Malaysia.
Chitra Devi Ramiah, Consul-General of Malaysia in Chennai, Tamil Nadu, said awareness of and interest in the scheme is growing and her office has received several enquiries from local people over the past few months. She told Bernama that in the four months of her assuming office in Chennai, two people have already taken up the MM2H policy offer.
“The MM2H programme has drawn the attention of the growing upper-middle class which has shown a lot of enthusiasm in investing in PROPERTIES  and other forms of savings. “People in South India are closely following the new economic model by Prime Minister Datuk Seri Najib Tun Razak and they are very much attracted to Malaysia for investment plans,” she said. Iskandar Malaysia, a special economic zone in Johor Baharu, and the Golden Triangle area, the entertainment hub of Kuala Lumpur, are some of the locations attracting new investments owing to their strategic location and infrastructural facilities.
Iskandar Malaysia is also a crucial connecting point between Malaysia and Singapore, thereby qualifying as a promising location for investments, particularly residential properties. There has also been heightened interest in the greater Kuala Lumpur areas as well as Penang for investment purposes, Chitra said, adding that the public are also welcome to invest in new locations in Malaysia and also seek her advice when considering their investment options.
The MM2H, a global residential policy endorsed by the Government of Malaysia, provides multiple-entry visas to foreigners who meet financial and medical criteria, enabling them to reside in Malaysia for up to 10 years.Author : Bernama Source : The Edge Malaysia