Investors need to deposit RM2 million if they want to migrate to Sarawak - Abang Jo

 Investors need to deposit RM2 million if they want to migrate to Sarawak - Abang Jo

28/04/2024 

He said the investor's interest meant that many people saw Sarawak as a 'jewel' and that the state's economic performance was better than that of Johor. - Image file/Bernama

Investors need to deposit RM2 million if they want to migrate to Sarawak - Abang Jo

He said the investor's interest meant that many people saw Sarawak as a 'jewel' and that the state's economic performance was better than that of Johor. - Image file/Bernama

KUCHING: Sarawak Premier Tan Sri Abang Johari Tun Openg agreed with the proposal that investors who are interested in migrating to the state need to deposit at least RM2 million or buy properties worth not less than RM1.5 million.

He said this means that many people see Sarawak as a 'jewel' and that the state's economic performance has surpassed that of Johor.

"We have succeeded in overcoming Johor, we are among the top three states at the moment and may soon overcome Selangor, that's why many people want to move here.

"... we want people who can bring new ideas and good suggestions. If you want to become a permanent resident then you have to invest your money in this state," he told reporters after the World Water Day celebration here today.

Yesterday, Deputy Prime Minister Datuk Seri Fadillah Yusof said one of the conditions to obtain permanent resident status in Malaysia is that the applicant must make an investment in the country.