Tighter background checks for MM2H programme. Chinese to be more affected.
Malaysia has tightened background checks for the Malaysia My Second Home (MM2H) programme after applications were placed under jurisdiction of the Home Ministry.
A Singapore portal said among the possible security concerns are illegal casinos, betting games and financial scams led by foreign nationals, as well as money laundering, with foreign dirty cash parked in housing units.
These issues, although not always the case, more regularly crop up with applicants from China. This according to an MM2H agent dealing with many Chinese applicants over the past 10 years.
A letter of good conduct (for the applicant) has been a requirement since 2002, it acts as the first line of defence. But sometimes this hasn't been enough to cover all areas of crime.
Recently there have been reports of delays in approving MM2H applications and it is suspected that security is the reason. It was announced a task force will be set up to speed up applications.
Click here to learn more about migrating to Malaysia on the MM2H visa!