Sabah to launch its version of Malaysia My Second Home
Bernama-
September 19, 2022 11:57 AM
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KOTA KINABALU: Sabah will launch the Sabah Malaysia My Second Home (SMM2H) programme soon, chief minister Hajiji Noor said.
He said the state Cabinet has approved the programme to be launched once the final details are firmed up and adjustments made.
“Sabah’s programme will not follow the new requirements meted out under the federal MM2H programme. With our own SMM2H, we aim to make Sabah more attractive to foreigners wishing to move to and live in the state,” he said in a statement.
“We hope to see high-value foreigners and talents moving to Sabah and creating economic spin-offs.”
Hajiji said Sabah has remained consistent in terms of attracting foreign investments.
“This is due to the many opportunities we have leveraged on multiple sectors across the state,” he said.
“The Malaysian Investment Development Authority (Mida) has listed Sabah as having secured RM9.9 billion worth of foreign investments from January to September 2022, effectively ranking Sabah as the third highest in the country.
“Sabah will continue this momentum. Rest assured the state government will ease all hurdles to facilitate investments.”
