Sunday, July 21

Day: August 28, 2014

More join queue for Malaysian ‘second home’ scheme
ENGLISH, Featured

More join queue for Malaysian ‘second home’ scheme

More join queue for Malaysian 'second home' scheme Capital flight may amount to Tk 3,506cr as of April this year Sajjadur Rahman: The number of Bangladeshis enrolling on the Malaysia My Second Home (MM2H) programme has been on the rise since 2011 after a decline during 2007-10, meaning more money is flying off the country. The Bangladeshis started to take up the offer in 2003 when 32 citizens chose to settle in Malaysia under the programme. The number jumped to 204 in the following year, 852 in 2005 and 341 in 2006, according to the Malaysian government. But the number started to decline and stood at 149 in 2007 apparently due to a political changeover in Bangladesh. In the following three years, from 2008 to 2010, a total of 228 Bangladeshi citizens took the offer. The number has star...