Latest news with #Liew
The Star
4 hours ago
- Business
- The Star
China, Taiwan investors boost Sabah-MM2H applications
KOTA KINABALU: Sabah's Malaysia My Second Home (Sabah-MM2H) programme has seen a rise in applications from investors in China, Taiwan and other countries, said Datuk Seri Christina Liew ( pic ). Liew, who chairs the Sabah-MM2H programme, credits the increase to the efforts of registered agents since the programme's launch. 'We've received more applications from China, Taiwan and several other countries. We encourage you to continue promoting the programme overseas through roadshows and other platforms,' she told 25 registered agents during a meeting on Thursday. The state Tourism, Culture and Environment Minister said Sabah hopes to attract more foreign applicants to invest in property and make the state their second home. During the meeting, she informed the agents about several amendments to the programme criteria approved by the state Cabinet. Among the changes is the lowering of the minimum age for applicants from 30 to 25. Successful applicants can now also place the required fixed deposit in any of the 12 authorised commercial banks. They may withdraw up to 50% of the deposit after 12 months for education or medical expenses. Liew said agents responded positively to the changes, viewing them as more appealing to potential applicants. She also noted several concerns raised by agents, particularly regarding the classification of eligible properties for purchase. 'These matters will be discussed in our next monthly meeting,' she assured them. Liew added that the Sabah-MM2H Committee has been efficient in processing and approving overseas applications.
Borneo Post
20 hours ago
- Business
- Borneo Post
Sabah-MM2H agents fully mobilised after criteria eased
Jenny Ngu chairing a meeting of the Malaysia My Second Home Sabah Association. KOTA KINABALU (July 19): The Malaysia My Second Home Sabah Association (MM2HSCA) welcomes the Sabah State Government's announcement to relax key criteria for the Sabah-MM2H programme — including lowering the minimum application age from 30 to 25, allowing fixed deposits in any of the 12 approved banks, and permitting up to 50% withdrawal after 12 months. These enhancements, announced by Tourism, Culture and Environment Minister Datuk Seri Panglima Christina Liew, who is chairperson of the Sabah-MM2H Approval Committee, are a strong step forward in positioning Sabah as a top destination for international residents seeking a safe, high-quality lifestyle. Since the announcement, the MM2HSCA has seen a notable rise in inquiries and applications, especially from China, Taiwan, Hong Kong, and Korea — as well as from Western countries such as the United Kingdom, Australia, Germany and Canada. 'All licensed Sabah-MM2H agents under our association are fully mobilised and ready to serve with professionalism, transparency and efficiency. We are actively promoting the programme through global roadshows, webinars and multilingual marketing to attract high net worth applicants from around the world,' said MM2HSCA president Jenny Ngu. Jenny said the Sabah-MM2H initiative is more than a visa — it's a lifestyle invitation to experience Sabah's natural beauty, cultural richness, and vibrant community. She urged Sabah-MM2H agents who have not yet joined the MM2HSCA to do so. 'By working together, we can set higher standards, build trust, and share in the growth of this promising programme,' she said in a statement on Saturday. During a meeting with the registered agents, Liew announced that the State Cabinet has approved several key amendments to the participation criteria of the Sabah-MM2H Programme. The minimum age requirement has been lowered from 30 to 25. Additionally, successful applicants may now place their mandatory fixed deposit in any of the 12 authorised commercial banks. They are also permitted to withdraw 50% of the deposit after 12 months for education or medical treatment purposes. Liew said the amendments, would attract more applicants.
The Star
a day ago
- Business
- The Star
Sabah-MM2H programme sees rise in applications from China and Taiwan
KOTA KINABALU: Sabah's Malaysia My Second Home (Sabah-MM2H) programme is receiving more applications from investors in China, Taiwan, and other countries, says Datuk Seri Christina Liew. The chairman of the Sabah-MM2H programme attributed this increase to the efforts of registered agents since the programme's introduction. "We have received more applications from China, Taiwan, and other countries. We encourage you to continue promoting the programme to potential clients overseas through roadshows or other platforms," said Liew during a meeting with 25 agents on Thursday (July 17). The State Tourism, Culture and Environment Minister said Sabah looks forward to more foreign applicants buying property and considering Sabah as their second home. During the meeting, she told the agents about several amendments to the programme's criteria, which began in Sabah on December 12 last year, as approved by the State Cabinet. Among the changes is the minimum age for applicants, now lowered to 25 from 30. Additionally, a successful applicant may place the mandatory fixed deposit in any of the 12 authorised commercial banks and withdraw 50% of it after 12 months for education or medical treatment expenses. Liew said the agents generally welcomed the amendments, finding the new criteria favourable and more attractive to potential applicants. She acknowledged several concerns raised by the agents, including the classification of buildings that can be purchased. "We will discuss and evaluate these in our next monthly meeting, and keep you posted," she assured them. Liew said the Sabah-MM2H Committee has been efficient in processing and approving applications from overseas participants. Also present were the Ministry's Permanent Secretary, Datuk Josie Lai, and members of the State Sabah-MM2H Committee.
Daily Express
a day ago
- Business
- Daily Express
More Sabah-MM2H applications
Published on: Saturday, July 19, 2025 Published on: Sat, Jul 19, 2025 Text Size: Liew (seated left) stressing a point during the meeting of the Sabah-MM2H Committee and registered agents of the programme. Kota Kinabalu: Chairman of the Sabah-Malaysia My Second Home (Sabah-MM2H) programme, Datuk Seri Christina Liew, commended registered agents for the progress made thus far. 'We (Sabah-MM2H Committee) have received more applications from China, Taiwan and other countries. We encourage you to continue promoting the programme to potential clients overseas through roadshows or other platforms. Advertisement 'We look forward to more foreign applicants buying property here and considering Sabah as their second home,' she said during a meeting with 25 agents on Thursday. Liew, who is also State Tourism, Culture and Environment Minister, informed them of several amendments to the criteria for participation in the programme, as approved by the State Cabinet. The minimum age for one to apply has now been lowered to 25 as opposed to 30 previously. Secondly, a successful applicant may place his or her mandatory fixed deposit (as one of the requirements) in any of the 12 authorised commercial banks, and is allowed to withdraw 50pc of his or her fixed deposit after a period of 12 months for education purposes or medical treatment expenses. Generally, the agents were happy with the amendments, saying the amended criteria are favourable and more attractive to potential applicants. Liew also took note of several concerns and issues raised by the agents, relating to the classification of buildings that can be purchased, among other aspects. 'We will discuss and evaluate these in our next monthly meeting, and keep you posted,' she assured them, adding that the Sabah-MM2H Committee has been efficient in processing and approving applications from overseas applicants for participating in the Sabah-MM2H programme. Also present were the Ministry's Permanent Secretary Datuk Josie Lai and members of the Sabah-MM2H Committee. * Follow us on our official WhatsApp channel and Telegram for breaking news alerts and key updates! * Do you have access to the Daily Express e-paper and online exclusive news? Check out subscription plans available. Stay up-to-date by following Daily Express's Telegram channel. Daily Express Malaysia
Borneo Post
2 days ago
- Business
- Borneo Post
Sabah-MM2H programme sees rising interest after criteria relaxed
Liew (seated left) responding to questions from the agents. KOTA KINABALU (July 18): The State Cabinet has approved several key amendments to the participation criteria of the Sabah-Malaysia My Second Home (Sabah-MM2H) Programme. The minimum age requirement has been lowered from 30 to 25. Additionally, successful applicants may now place their mandatory fixed deposit in any of the 12 authorised commercial banks. They are also permitted to withdraw 50% of the deposit after 12 months for education or medical treatment purposes. Chairman of the Sabah-Malaysia My Second Home (Sabah-MM2H) Programme, Datuk Seri Christina Liew, announced this at a meeting with the registered agents who welcomed the amendments, describing them as favourable and likely to attract more applicants. Liew who is also the Minister of Tourism, Culture and Environment, commended the registered agents for their contributions to the growing success of the initiative. 'We (State Sabah-MM2H Committee) have received an increasing number of applications from China, Taiwan, and other countries,' she said. 'We encourage you to continue promoting the programme to potential clients overseas through roadshows or other platforms. We look forward to more foreign applicants purchasing property here and considering Sabah as their second home,' she said. Liew also addressed concerns raised by agents, particularly regarding the classification of buildings eligible for purchase. 'We will discuss and evaluate these issues in our next monthly meeting and keep you updated,' she assured them, adding that the Sabah-MM2H Committee has been efficient in processing and approving applications from overseas. Also present at the meeting were the Ministry's Permanent Secretary, Datuk Josie Lai, and members of the State Sabah-MM2H Committee.
