‘Thanks to the pandemic and the flak received from these ‘new colonists’ in ASEAN countries, it is time to immediately freeze if not terminate all together the MM2H project for good!’
IT IS TIME TO REVISIT IF MALAYSIA MY SECOND HOME IS ABUSED BY THE NEW COLONIALS SAYS MALAYSIA ASEAN APEC LEAD CONSUMER ADVOCATE PROF DR JACOB GEORGE.
Instead of relying on locals married to foreigners and the new colonials views serious audits and question must be raised on the 2002 abused program call – Malaysia My Second Home (MM2H)!
The mantra then was this would be a boom for foreign property sales then claimed ingeniously by those brokers that it can rake in billions in foreign exchange into the country.
Let us be honest and serious – did it?
I was among those who were glad that MM2H, was suspended in March last year following the outbreak of the Covid-19 pandemic.
I had then voiced out in diplomatic and government circles at the highest levels that this should provide the Tourism, Arts and Culture Ministry (Motac), the Home Ministry to comprehensively review and re-evaluate MM2H whether it was a false front or one that was much needed in Malaysia.
I had stated our closed jurisdictions were then giving an excellent opportunity to carry out this in-depth review whether this project was seriously benefiting the country and its people?
It provided also an opportunity to look at the applicants and their backgrounds, the countries they emerge from their in-depth history, earnings, bank records, security bio-metrics and their real motivations in subscribing to this project.
Locals with vested interest should stop falsely claiming that MM2H has indeed been a boom for Malaysia.
Interestingly, the abuse we suffered when the borders were closed from those who were making ASEAN destinations their playground with their superior currency has strengthen the call to freeze MM2H and pave a way for strict review!
It would be also foolish to claim that MM2H had brought RM40.6bil into Malaysia, with more than RM600mil coming in just from MM2H property purchases in 2018.
If there is any truth in that what is the current projections post Covid 19?
It is also plain stupidity to claim that just because our economy so desperately financial infusion we should blindly open the barn gates!
Let us also stop that baloney that foreigners who often have a choice of where to spend their retirement years but purposefully choose Malaysia, reflects serious endorsement of what Malaysia has to offer – certain future, peace and stability.
I am sure the Home Office has enough statistics and data and the real reasons why this is happening.
The last thing we need is a new form of foreign colonization or “settler colonization!”
Already there are massive adverts where promoters are encouraging Westerners to escape the high costs of living in their home countries by seeking refuge in developing nations instead.
The result – these acts can drive up the cost of living in countries where locals earn a much lower wage compared to their expat counterparts.
It exploits locals who earn a comparatively low wage to their foreign counterparts, and drives up the cost of living for people who actually live in Malaysia!
Advertisements which describes that expats can live comfortably for example in Penang island for as low as US$1,500 (RM6,156) per month is a classic give-a-way!
Thanks to the pandemic and the flak received from these ‘new colonists’ in ASEAN countries, it is time to immediately freeze if not terminate all together the MM2H project for good!
MAKAN UNTUK HIDUP BUKAN HIDUP UNTUK MAKAN!