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View Full Version : Malaysia My 2nd Home - priority for millionaires?



sirgalahad2010
07-10-2007, 05:32 PM
It's nice to know that the govt is getting it's priorities right.

I mean - why bother with the plebians and the riff-raff? Surely, we don't need or want their likes in the MM2H program now, do we?

Now, if only the govt could guarantee that these immigrant millionaires will be safe in Malaysia (i.e. no house breakins, no snatch thefts, no carjackings, no kidnappings, no friendly visits from the Syariah police)...or else, your money back.

Oh, yes - and an income tax rate of 18% on all income earned in, or declared in, Malaysia!

I mean, nothing is too much when one wants to court millionaires.

racheljansz
07-10-2007, 05:37 PM
It's nice to know that the govt is getting it's priorities right.

I mean - why bother with the plebians and the riff-raff? Surely, we don't need or want their likes in the MM2H program now, do we?

Now, if only the govt could guarantee that these immigrant millionaires will be safe in Malaysia (i.e. no house breakins, no snatch thefts, no carjackings, no kidnappings, no friendly visits from the Syariah police)...or else, your money back.

Oh, yes - and an income tax rate of 18% on all income earned in, or declared in, Malaysia!

I mean, nothing is too much when one wants to court millionaires.I thought we already have this program, lot of people with millions of rupiahs already holding citizenship.

sirgalahad2010
07-10-2007, 05:42 PM
I thought we already have this program, lot of people with millions of rupiahs already holding citizenship.

I think the govt wants to attract "real" millionaires into MM2H - i.e. those with British Pounds, Euros, US Dollars, Sing Dollars, Japanese Yen, Swiss Francs. And those with numbered accounts in Swiss banks or in offshore tax havens. ;)

great
08-10-2007, 01:05 PM
Because the goverment control the migrant,so the standard are so high,also like another country, migrant are high standard, MM2H program is just suitable for those ppl who retired,but for so many ppl still wanna to work is a very trouble,MM2H program still got problem on the way weather or not can work,most British do MM2H program because of they were colonist officer and solider in Malaya,they got special sence with Malaya,so they want to living in Malaysia,but another ppl who want to work or get long visas are still very hard to apply.And MM2H program is not PR,just 10yrs Visa,can't get any welfare from goverment.

coleslaw
08-10-2007, 05:34 PM
great your english is anything but..
what on earth are you talking about?

logicman
08-10-2007, 10:43 PM
great your english is anything but..
what on earth are you talking about?
Why critised ppl english. At least GREAT show his courage to share his view.

Bare in mind, leaders in China, Japan & Korea cannnot speak english but they can manage great counties.

Sorry for any offence made.

coleslaw
08-10-2007, 10:48 PM
no offence taken.
i have no problem of him sharing his view. i'm just trying to make sense of what his views were!

GreenBug
09-10-2007, 01:10 AM
I think its fair for the Malaysian government to set high standards to attract quality migrants. "Only Millionaire" (in Ringgit) is a fair policy afterall isn't what the other countries like Australia and even Singapore are practising?

The only thing is the Malaysian government should print the word RINGGIT in bold and underlined it because there seems to be a lot of them with million rupiahs and pesos holding MyKads already.

kwchang
09-10-2007, 01:51 AM
..The only thing is the Malaysian government should print the word RINGGIT in bold and underlined it because there seems to be a lot of them with million rupiahs and pesos holding MyKads already.HaaHaaHah, but those people did not come in under the "second home" programme, did they? They just walked in. They were not even invited.

Getting back to topic - as Greenbug mentioned, why make an issue about bringing in millionaires? The selection for them is obvious. But I believe sir-G's issue is the lack of assured security. My question is why the need for all these "handout mentality"? If the property owner feels the need for security, then engage guards or invest in a more secure setup.

CS Chua
09-10-2007, 10:12 AM
Thailand is so much cheaper. RM80K for individuals and RM120K for couples. Like us, they are also over-run with foreigners but most of them are from the western countries.

And frankly, I do not see why it is wrong to give priority to richer applicants as that is the name of the game.

GreenBug
09-10-2007, 12:14 PM
Thailand is so much cheaper. RM80K for individuals and RM120K for couples. Like us, they are also over-run with foreigners but most of them are from the western countries.

And frankly, I do not see why it is wrong to give priority to richer applicants as that is the name of the game.Yes Chua, Thailand and Cambodia had among them GARY GLITTER who was later deported as a chile paedophile (is this how you spell it? Jeez. why can't they make English simpler?) :rolleyes:

Malaysia should also consider paying RM10,000 to every MyKad holder in Sabah and also in South West Johor, West Coast Selangor and West Coast Kedah who came in illegally and asked them to balek kampong. :D

layman
09-10-2007, 01:00 PM
I think its fair for the Malaysian government to set high standards to attract quality migrants. "Only Millionaire" (in Ringgit) is a fair policy afterall isn't what the other countries like Australia and even Singapore are practising?

The only thing is the Malaysian government should print the word RINGGIT in bold and underlined it because there seems to be a lot of them with million rupiahs and pesos holding MyKads already.


well,australia and singapore is in another league-1st world country
1 million ringgit is just 330k aust. dollar and 450k sing dollars respectively-probably good enough for a council flat in sydney or HDB flat in sing.

one needs 2 million A (6 million ringgit) or 2 million sing(4.5 mil.ringgit)to qualify as' investment grade' immigrants to the 2 countries

bslee
09-10-2007, 01:45 PM
Oh well..RELA in the news again.. news source, TheStar.
Its reported RELA personnel's incompetency and harsh treatment of an Indonesian diplomat's wife and a university student during the agency's anti-illegal immigrant operations in Chow Kit and Kajang.
Obviously these people are visitors and for now its their 2nd home for a short period.
THAT oso these people in authority (given a routine task) can bungle things up and create a mess!. You think I've got faith in this gahmen running the country ah?..
All they replied was.."We're NOT aware!"...same as "I tak tahu!"..

sirgalahad2010
09-10-2007, 01:53 PM
Oh well..RELA in the news again.. news source, TheStar.
Its reported RELA personnel's incompetency and harsh treatment of an Indonesian diplomat's wife and a university student during the agency's anti-illegal immigrant operations in Chow Kit and Kajang.
Obviously these people are visitors and for now its their 2nd home for a short period.
THAT oso these people in authority (given a routine task) can bungle things up and create a mess!. You think I've got faith in this gahmen running the country ah?..
All they replied was.."We're NOT aware!"...same as "I tak tahu!"..

Yup, Indonesia has protested to the Msian govt about these two incidents, as reported in the Spore New Paper today.

Ms Muslianah Nurdin, the wife of an Indonesian diplomat, was detained in KL last Oct, by RELA personnel.

In her case, and in that of the Indonesian student Muhammad Yunus Lubus in Kajang, the Indonesian Embassy in KL said RELA personnel ignored the documentation showed by the 2 Indonesians.

Looks like SBY is going to call up Pak Lah real soon and give him an earful!!

As will certain quarters in Indonesia who have an axe to grind with Malaysia.

sarawakian
09-10-2007, 01:59 PM
There is a serious lack of discipline in our country and that stems from the education and the deacying moral values where our own culture is not enriched but polluted in the name of freedom.

I think there should be serious thoughts on the governance as well as whom we put to represent us as well as improvement of the people manning the system.There is lack of doing the job properly and our country is in need of discipline and focus instead of playing the couch critic. Someone must come up and have the balls to do so and make it happen. :cool:

tupai
09-10-2007, 04:54 PM
we are digressing lah...

Anyway, canada, Usa, uk, oz etc all also got their m2h program wah...all money talk only lah...so whats the diff?

so, if i wanna go for say, the canadian 2ndhome program..i only have to work very hard for the nxt 100yrs, save up C$3million or more, and then go lah...or maybe i jsut follow the northern star and settle down in Krabi....its cheaper & nearer to the famous nasi kandar, char keow teow and assam laksa in penang :p

Yang Akan Berumah diSiam lato tupai

p/s no money never mind lah...pick up a skill set like plumbing...can go to Oz u know :D

online12793
26-10-2007, 07:03 PM
As for me i'm from Australia but i spend a lot of time in Malaysia cos
my gf is there and i usually stay there for 5 mths as i can do that in
an Australia passport after that i just fly to Thailand for 2 weeks just
to relax and come back to stay for another 5 mths again.

This way i'm not liable to pay tax in Malaysia at all with what '
i make through trading forex online.

MM2H is a very good idea have thought of dong that a few times,
as it is very low entry fees only RM$300k.

If you were to have a million ringgit you can be a millionaire in Malaysia,
then i must have qualify a few times around, surely this is not the case
to be qualify as a millionaire in Malaysia someone tell me the truth.