Why Chinese Choose Malaysia as their Immigration Destination?
In 2017, Chinese citizens ranked as No 1 in the number of applications filed for the MM2H program. The Japanese are top on the list. This is due to the recent tsunami and earthquake happened in the country. Below is the answer to “why Chinese chooses Malaysia as their immigration destination?
Migrating to Australia, Canada, UK and USA are getting tougher due to stricter requirements. Many applications have been delayed as long as 5 to 6 years or more. Below are just a few examples of world immigration programs:-
Most investments under the USA EB5 program (USD 500,000) are not profitable due to economic weakness.
Australia has imposed the stricter requirement for PR (Permanent Resident) application in which applicants are required to speak fluent English.
Australia’s immigration for the investors’ program requires individuals to have a net asset of AUD 1.12 to AUD 2.25 million and must invest AUD 750 K to 1.5 million in the Treasury.
Singapore has ceased all intake of investment immigration eligibility for PR status. Property prices in these places are skyrocketing, and many are beyond reach! This has made the living cost too expensive for most expatriates.
Most countries in European zones and USA are currently unfavourable due to weak economies and may remain permanent recession in years to come!
Why Chinese Choose Malaysia as their Immigration Destination? – MM2H Low Requirements and Very Affordable
The MM2H program investment requirement is low. Only Fixed Deposits of RM 150,000 (above age 50) and RM 300,000 (below age 50) for a 10 years’ multiple entry visa with indefinite renewals for multiple family members. Individual net worth requirement is only RM 350,000 to RM 500,000. It’s the cheapest migration program in the region! No minimum stay requirement during the 10 years, makes it easy for the Chinese as many are still running their active businesses in China. All Fixed Deposits are in applicants’ personal names and are 100% risk-free to you! Termination of the MM2H program is easy within 5 days with all money returned to the applicants.
Both the Malaysian and Chinese governments welcome investors and strive to maintain good relationships. Many investment opportunities are exchanged and explored between these two nations. Malaysia has liberalized its foreign investment policies, allowing selected sectors such as hotels, trading, wholesale, retail, etc. to be 100% foreign owned for onshore business, more information check out here! For international business via Labuan International Business Centre, all entities and licenses can be 100% foreign owned.
Living in Malaysia is affordable compared to live in Singapore and Hong Kong. The food safety and air quality is good in Malaysia. Airlines connectivity to most cities in China is easy with many airlines available. Population in Malaysia is only 30 million, with far less density compared to China of 1.3 billion.
[Read: Bank of China sees the potential of attracting its clients to join the MM2H program!]
Malaysia’s food, water and air are cleaners! Malaysia is also a country of many greens! Chinese loves to relate themselves to these few important basics where Malaysia easily available! Rapid development in China causing stressful, intense living and poor air quality has encouraged many Chinese seniors and retiree to look elsewhere to live! Malaysia is peaceful, stable, and free from major natural disasters like tsunamis, earthquakes, volcano and major floods.
Almost 1 out of 3 Malaysians are Malaysian-Chinese, enabling convenient and easy communication with the Chinese, as they both adopt similar cultures. Neighbouring countries such as Indonesia, Philippines, Thailand, Myanmar, etc. may pose a language barrier for these foreigners.
The travel distance between China and Malaysia is also closer comparable to the USA, Australia and Canada. It is easier to travel back home should they wanted to visit their relatives. Travelling is even more convenient now coupled with cheaper cost offered by AirAsia and Malaysia Airlines with many direct flights to many cities in China.
For Chinese clients, we provide assistance to apply for the MM2H program with our collaboration with the Bank of China. Find out details on Complete Point partnership with Bank of China and Tourism Malaysia. Our Chinese website for MM2H program www.MalaxiaVisa.com.
Do you have any other questions about Malaysia or why Malaysia is the right place for you? Do feel free to speak with us by calling us at +603-2161 5096 or e-mail us at email@example.com or fill up this form and we’ll get back to you right away!