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State government approves prerequisites for Sabah My Second Home programme

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Publish date: Thu, 02 Feb 2023, 08:59 AM

KOTA KINABALU: The Sabah government will be looking for high yields from participants of the Sabah-Malaysia My Second Home (SBH-MM2H) programme.

State Tourism, Culture and Environment Minister Datuk Christina Liew said the state government had approved the prerequisites for the programme.

"Among the terms and conditions of the SBH-MM2H programme are a minimum stay of 30 days a year, and the approved duration for an individual or family is for 5+5 years for stay in Sabah only.

"Others are the eligibility to purchase property at RM600,000 and above, certification of good conduct from the applicant's country of origin, medical check-up certificate and opening of a bank account in any local bank in Sabah with a fixed deposit of RM200,000.00," she said in a statement after the state cabinet meeting.

Liew added that the ministry was optimistic that the programme would attract participants who fulfilled the criteria.

"It is anticipated that these participants will create a significant impact on the state's economy, especially in real property and tourism industries," she added.

 

https://www.nst.com.my/news/nation/2023/02/875588/state-government-approves-prerequisites-sabah-my-second-home-programme

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