New and Improved MM2H

[inf|uencer]

anwar really terbaik thanks for sharing this news

 

[inf|uencer]

It depends on the government of the day in MY and SG. I think 1:4 is the max we can go.

I foresee SG grappling with severe ageing problems in 10 years. This will lower our productivity and economic power.

Our population is not just ageing, but ageing rapidly. In 2010, about 1 in 10 Singaporeans were aged 65 and above. A decade later, in 2020, it has risen to about 1 in 6. By 2030, another 10 years later, it would be almost 1 in 4 Singaporeans over 65.

https://www.pmo.gov.sg/Newsroom/PM-Lee-Hsien-Loong-at-the-Singapore-Ageing-Issues-and-Challenges-Ahead-Book-Launch#:~:text=Our population is not just,in 4 Singaporeans over 65.

most people are already bypassing singapore for msia.....due to the increasing cost of living....so depends on what u want

 

[Nimegen]

anwar really terbaik thanks for sharing this news

Anwar is pro sG unlike Mahathir.

 

[eyz]

so is the threshold limit for foreigners purchasing property lowered to 750k?

 

[coyote]

Good development

 

[andyhtc]

most people are already bypassing singapore for msia.....due to the increasing cost of living....so depends on what u want

Well paid expats still love Singapore.

 

[yobyella]

so is the threshold limit for foreigners purchasing property lowered to 750k?

I wont be surprised it only apply to non landed properties.

 

[andyhtc]

so is the threshold limit for foreigners purchasing property lowered to 750k?

Some older condos have the $500k RM limit for foreigners. This MM2H raised it to $750k RM. The better 2-bedroom condos are typically above this threshold.

 

[josephm]

I wont be surprised it only apply to non landed properties.

still need to adhere to each’s state’s
own rules

some states like Johor needs at least RM1
million

 

[Nimegen]

Read that dependents includes children when they grow up between 21 to 34 years old! So happy, now my kids can stay with me in JB till they get married.

 

[yobyella]

still need to adhere to each’s state’s
own rules

some states like Johor needs at least RM1
million

750k. Tink they are trying to clear unsold apts.

 

[Nimegen]

Now everyone with a paid up property like hdb can retire in Msia already.

Property in JB and Msia set to boom.

 

[jericho75]

I will just go for the silver when I retire.

I wait for bronze one

 

[Crooni]

sg work 1.5 years get invitation for pr

work 3 years get invitation for citizenship

free one

 

[nyvrem]

looks like the Silver one every 5 years must renew

unstable.

anytime can flip prata

 

[eAtNeAt]

What happens to the other 50%

 

[Nimegen]

What happens to the other 50%

I think need to put in their bank as FD.

 

[locksleychang]

Let's say I don't apply for this. I buy a condo at whatever price I need to as a pure foreigner.

I just go in and out - maybe stay 2-3 weeks there then come back SG for a week or so, go back and repeat. What's the difference? Workable?

If workable then don't even need to lock up roughly SG$70k in their bank as FD for the lowest tier.

 

[kaputzzz]

Theoretically can apply for the visa then act as a 2nd home while still working in sg... Thus the name mm2h! Then their kastam won't jjww liao and no need exit and reentry every 30 days

 

[Nimegen]

Let's say I don't apply for this. I buy a condo at whatever price I need to as a pure foreigner.

I just go in and out - maybe stay 2-3 weeks there then come back SG for a week or so, go back and repeat. What's the difference? Workable?

If workable then don't even need to lock up roughly SG$70k in their bank as FD for the lowest tier.

There have been reports of such people getting blocked at their immigration. Reported in Living in JB forum.