The Downfall of Malaysia My Second Home Program (MM2H)

Ah once again another case of something fucking up due to corruption/stupidity/greed etc etc.

This time it’s the Malaysia My Second Home Program (MM2H), you can read about this crap over here at the original site.

Malaysia My Second Home Programme is promoted by the Government of Malaysia to allow people from all over the world who fulfill certain criteria, to stay in Malaysia as long as possible on a social visit pass with a multiple entry visa. The Social Visit Pass is initially for a period of ten (10) years (depending on the validity of the applicants’ passport) and is renewable.

The basic premise is, if you stick RM300,000 in a fixed deposit you get a social visit pass for up to 10 years.

It seem as though some hanky panky has been going on though, fingers in the piggy bank mister?

The news report is kind of shocking too, it’s apparently so messed up…they can’t even tell us what happened? You can read about it from The Star here.

Among the requirements for those intending to make Malaysia their home under the programme is for those below the age of 50 to have a fixed deposit of RM300,000 in a local bank. They are allowed to withdraw up to RM240,000 after one year on condition that the money is invested in Malaysia.

“Unfortunately during this transition period (one year), some of the officers from a department did something which is not nice for me to sa

I can guess it’s one of the following:

1) Officers taking bribes so the applicants don’t have to make the full deposit, just immediately put the RM60,000 in
2) Officers taking bribes so the applications don’t have to make any deposit at all
3) Applicants making legitimate deposits only to find their money has disappeared
4) Applicants withdrawing their RM240,000 only to find it’s rapidly shrunk
5) Something else fishy

Whichever it was, this is a fine case for transparency, they should tell us exactly what has transpired, who was responsible and how long they are going to be in prison for..not some shite like this.

“A few officers from the department have been sacked for not following the stipulated rules and regulations on fixed deposits,” Tengku Adnan told reporters after launching a six-page special supplement entitled “Panorama 6” for the Japanese market in conjunction with Visit Malaysia 2007 at the Putra World Trade Centre here yesterday.

He said he did not want to discuss or elaborate on the problems within the department as the matter was being sorted out.

There seems be another related problem with the agents that ‘help’ people with their MM2H applications…or help relieve them of their money anyway.

As for the local agents appointed by the ministry to help foreigners with their MM2H applications, he said some were charging up to US$15,000 (RM52,500) for their services.

“The agents are only allowed to charge a maximum of US$2,500 (RM8,750) but some of them are known to have charged between US$10,000 and US$15,000 (RM35,000-RM52,500).

Shocking.

The whole thing seems like a huge stinking scam anyway.

Other mentions:

Where’s the Transparency?
Relaunch of MM2H

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16 Responses to The Downfall of Malaysia My Second Home Program (MM2H)

  1. Lucifer January 30, 2007 at 4:45 pm #

    Am an expat here in your country…. just to comment on what you just posted. you may want to consider also what am about to relate as another reason why it M2ndH failed.

    in a nutshell:
    When I was processing my DP10 – 11 papers an officer approached my agent on a proposition on My 2nd Home program..that news overjoyed me hearing about MY2ndHome program… but not to fast here was the condition.

    They asked for a Bond deposite of RM 300K ( was not a problem at all)

    This is where the problem is now :

    they will give me a PR or MY2ndHOME status with the following conditions that I cannot WORK or set up a business here…. LOL get out of here man …what the hell will i be doing in this country if my job din’t require me to come here? (excuse me for the expression) i dont have anithing against your country it a very nice country …..its just the laws are kinda strange and funky man…

    So granted i opted for the MY2ndHome what will i do after? Can’t work!Cant Do business? what sit down and scratch my ball?

    i’ll stick to my DP10 pass although its a hustle renewing it 🙁

  2. BlackGoblin January 30, 2007 at 6:44 pm #

    Amen to that oh Evil Lucifer 😀 yup yup i’ve was offered same useless deal… if i was shittin mula $ then probably that would apply… just have a PR malaysia second home deal….bask in the sun and do endless dives at sipadan…

  3. Adm January 30, 2007 at 8:18 pm #

    Answer to Lucifer:

    If you have a PR, you CAN work or set up a business in Malaysia. There is no condition saying otherwise.

    I am not sure about MY2ndHOME conditions though.

  4. terenceg January 31, 2007 at 1:24 am #

    you know what’s more shocking to see the investment gone ? the mentality of those foreigners thinking of making MALAYSIA their SECOND HOME !!!!

    come on expats….if there’s no gun in your head, don’t choose Malaysia, what were you thinking…..if your wife is wearing sarong, she’ll be instantly thought a malay and people from the religion department will ransack your privacy. And oh..you MUST bring your MARRIAGE CERT where ever you go.

    if you’re BLACK SKINNED, and if you can tolerate NO Taxis gonna pick you up or you’ll get cuff walking in the streets and being accused of OVER STAYING in MALAYSIA, please do apply malaysia as your second home,

    Maybe they’re talking about ARABS that seems to love Malaysia and flood the streets every once a year, pretending they DO OWN THE DAMN Streets and walk as though you’re on drugs, slow and painfully in the middle not caring there’s CARS HONKING THE JEBAH outta them.

    I AM MAD !!!! and MAD

  5. Lucifer January 31, 2007 at 10:49 am #

    to terenceg:

    Actually its not my mentallity or dream of making malaysia my 2nd home. I’m from Sevilla Spain and just brought to malaysia by the job. luckily am single, and by no remote case have any plans of getting married to a local.. even though your women here are very pretty and exotic.

    coming to malaysia they din’t have to put a gun to my head :D, with respect malaysia is a very nice country.. it just has lots of funky laws…

    the option for malaysia my second home was just presented to me as an alternative for the DP10 expat pass which is so much a hustle to renew also because they prefer to give the job we or i do to locals. one point is if a local can do it then we won’t be sent down by our parent company in madrid agreed 😀

    but regardless or not whoever can do the job i still find the proposition they presented me as rediculous for that matter.. 😉

  6. terenceg January 31, 2007 at 11:18 am #

    lucifer,

    you’re coming from spain, that’s a beautiful country and we all loves the women there, but you know your own country and i know mine.

    as for the funky laws, yeah, you’re calling them funky as how we called them 50 years ago, is no longer as funky to us locals as to you, is down right FUCKED UP. we’re lucky they abolish the STONING PPL TO DEATH or cut ARMS for Stealing.

    So enjoy the country while is still here for your enjoyment and hopefully, have a peaceful stay in malaysia.

    Cheerio

  7. Rajan R January 31, 2007 at 6:03 pm #

    terencg: Is Malaysia that crappy that foreigners should not come because of rarely-enforced ‘funky’ laws? Perhaps the food is much better than the inconveniences of our moral police, perhaps the weather is warm enough to offset other stupid laws.

  8. Christina February 1, 2007 at 2:59 am #

    I saw the departed and although it was very violent I thought that it was a very good movie.

  9. terenceg February 1, 2007 at 9:58 am #

    Rajan R:

    foreigners should come to visit, is beautiful with sandy beaches and exotic foods and also erotic ethnics. But making it their second home is another story,

    the grass is always greener and i DO think is a great change for ppl from AFGHANISTAN to make Malaysia first home….heck welcome !!! IRAQ!

  10. Ront February 1, 2007 at 10:53 pm #

    eh? terence took over the comment responding job from st ah?

  11. Rob February 3, 2007 at 11:37 pm #

    Hi
    The MM2H was bound to attract corruption like any program involving large amounts of money. Doesn’t mean it’s because of the program, just the corruption problem. I did think that perhaps this program could bring too many people in too quickly and make the locals feel uncomfortable and pushed out. I come from the UK and in a sense Malaysia is my second home – I have family here. In the UK the locals have similar feeling about outsiders coming in and overwhelming the system.

    terenceg: yes the funky laws are a nuisance and there are plenty of things about Malaysia don’t like, but perhaps with more visitors these perpetrators will be become more exposed. For your information I don’t think the UK is much better with the party donations scandal and the whole Iraq fiasco.

    BTW ST — it was you I saw at the curve Saturday evening with your other half ? you were much taller than I expected, not to mention taller than your other half. You look good together

  12. ShaolinTiger February 5, 2007 at 3:19 pm #

    Ok I’m here now too 😉

    Lucifer: This is not my country either, I’m British 😉 Merely making an observation about the screwed up system. The system does leave a lot to be desired, I think we can both agree on that.

    BlackGoblin: Sounds like heaven…but sadly yeah I think we all need to work, so a system where we can’t work or do business? No thanks.

    Adm: PR and MM2H are different man.

    terenceg: You have no idea, seriously. I think anyone that wants to leave here needs their head looked at 😛 It’s a growing economy, there’s money on trees here waiting to be plucked. Everyone else is saturated..you can got there and be a dishwasher and earn more than a normal job here..of course. But here if you apply yourself a little bit it’s so easy to excel and be a market leader because everyone is closed minded, money faced and lazy. It’s easy to stand out here, it just takes a little application and imagination.

    Rajan R: The food, the people, the weather, the bitches beaches, the opportunities here more than make up for the funky laws and screwed up bureaucracy.

    Rob: Sadly so, mostly I feel due to lack of transparency in the government and the civil service. UK is even more screwed than here, that’s why I left. 2 million Polish immigrants expected in 2007 now Poland is part of the EU they can travel and work freely in the UK. Plus the national health service, the involvement with Iraq, the education system crumbling, the lax labour laws with dole blaggers everywhere. P.S. Yeah I was at Curve Saturday night, I am tall! And thanks..

  13. Lucifer February 5, 2007 at 3:23 pm #

    Amen to that ST 😉

  14. BlackGoblin February 5, 2007 at 8:24 pm #

    Yes how i just wished that i were shittin $ that i din’t have to work and just dive all day…unfortunately not. So i’ll just have to wake up from this dream then.

    But like you said ST the opportunities here make up for their funky laws 😉

    just hope they remain lazy much much longer 😀

  15. ed ramos June 22, 2008 at 8:47 pm #

    I thought I would like to stay longer in Malaysia, but when I got robbed several times on the streets in Sg. Petani, Kedah, then I realized Malaysia is not an ideal place for a family. We reported the incident in the Police but what they did was only took our statement and placed in their thick files of unsolved crimes. I wonder why the Chief of Police in Sg. Petani allows his policemen to just stay in their aircon-office – police must be outside of the office to patrol the streets – police are not hired to do just clerical works. They are getting high salaries and only hatching their eggs in the office, are they afraid of sunlight..?

 
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