save malaysia!

CM: Sabah to lower age limit for Malaysia My Second Home applicants

Publish date: Wed, 17 Apr 2024, 10:19 PM

KOTA KINABALU, April 17 — Sabah announced that the state will lower the age limit for applicants to its Sabah-Malaysia My Second Home programme (SBH-MM2H) to 30 years and above.

This means there will be a 20-year difference with the federal My Second Home programme that has a minimum age limit of 50 years.

“We will also allow participants of the programme to sell their property after five years on condition they must purchase a new home valued at no less than RM600,000,” said Hajiji in a post-Cabinet meeting statement.

Hajiji said under the new policy, the appointment of the SBH-MM2H agents must be from local Sabah companies.

According to state Tourism, Culture and Environment minister Datuk Christina Liew, the SBH-MM2H programme is expected to be implemented this month.

Last week, Liew said that the SBH-MM2H programme will be implemented after several amendments are introduced, adding that the state government is in the process of finalising the terms and conditions.

Be the first to like this. Showing 0 of 0 comments

Post a Comment