KUALA LUMPUR: The government will introduce the Malaysia Visa Liberalisation Plan, recognising the significant contribution of the tourism and manufacturing sectors to national development.
Prime Minister Datuk Seri Anwar Ibrahim said the plan involves facilitating the approval of employment passes for strategic investors in key sectors.
"This includes introducing the long-term visit pass for international students who have graduated to meet the needs of the industry's skilled manpower.
"Additionally, improving visa on arrival facilities, social visit passes and multiple entry visa offers will encourage the entry of tourists and investors, especially from India and China," he said during the tabling the 2024 Budget.
He said the government has also agreed to relax the existing conditions for Malaysia My Second Home (MM2H) applications to increase the arrival of foreign tourists and investors to Malaysia.
"The improvement of MM2H is expected to increase investment activities in the Malaysian financial market and the country's real estate industry," he added.