Retirement Migration: The Malaysia My Second Home (Mm2h) Program And The Japanese Retirees In Penang

Modernisation and easy connectivity across spatial boundaries are providing greater opportunities for retirees to migrate abroad. In Malaysia, the Malaysia My Second Home (MM2H) program has been gaining popularity over the last 14 years. It is a government initiative designed to promote the count...

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Main Author: Guan, Benny Teh Cheng
Format: Article
Language:English
Published: Penerbit Universiti Sains Malaysia (USM Press) 2018
Subjects:
Online Access:http://eprints.usm.my/41380/
http://eprints.usm.my/41380/1/IJAPS-1412018_Art.-479-106.pdf
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author Guan, Benny Teh Cheng
author_facet Guan, Benny Teh Cheng
author_sort Guan, Benny Teh Cheng
building USM Institutional Repository
collection Online Access
description Modernisation and easy connectivity across spatial boundaries are providing greater opportunities for retirees to migrate abroad. In Malaysia, the Malaysia My Second Home (MM2H) program has been gaining popularity over the last 14 years. It is a government initiative designed to promote the country as a retirement haven for affluent foreigners. By studying the Japanese retirement community in Penang, this paper examines the role and signifcance of the program in supporting retirement migration. It further identifes the concerns and contributions of the Japanese retirees as they build their “second lives” in Penang. While the MM2H program has undergone several enhancements, discussions on the experiences of the Japanese participants and research observations have highlighted several concerns that require further improvements. The lack of policy coordination between the various sectors catering to the expanding needs of foreign retirees, for example, reduces the chances of maximising participants’ contribution to the local economy. The ability to track and monitor the movement of participants is equally, if not more, important as promoting and enticing new ones
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spelling usm-413802018-08-17T07:55:49Z http://eprints.usm.my/41380/ Retirement Migration: The Malaysia My Second Home (Mm2h) Program And The Japanese Retirees In Penang Guan, Benny Teh Cheng P1-1091 Philology. Linguistics(General) Modernisation and easy connectivity across spatial boundaries are providing greater opportunities for retirees to migrate abroad. In Malaysia, the Malaysia My Second Home (MM2H) program has been gaining popularity over the last 14 years. It is a government initiative designed to promote the country as a retirement haven for affluent foreigners. By studying the Japanese retirement community in Penang, this paper examines the role and signifcance of the program in supporting retirement migration. It further identifes the concerns and contributions of the Japanese retirees as they build their “second lives” in Penang. While the MM2H program has undergone several enhancements, discussions on the experiences of the Japanese participants and research observations have highlighted several concerns that require further improvements. The lack of policy coordination between the various sectors catering to the expanding needs of foreign retirees, for example, reduces the chances of maximising participants’ contribution to the local economy. The ability to track and monitor the movement of participants is equally, if not more, important as promoting and enticing new ones Penerbit Universiti Sains Malaysia (USM Press) 2018 Article PeerReviewed application/pdf en http://eprints.usm.my/41380/1/IJAPS-1412018_Art.-479-106.pdf Guan, Benny Teh Cheng (2018) Retirement Migration: The Malaysia My Second Home (Mm2h) Program And The Japanese Retirees In Penang. International Journal of Asia Pacific Studies (IJAPS), 14 (1). pp. 79-106. ISSN ISSN: 1823-6243 http://ijaps.usm.my/wp-content/uploads/2018/01/IJAPS-1412018_Art.-479-106.pdf
spellingShingle P1-1091 Philology. Linguistics(General)
Guan, Benny Teh Cheng
Retirement Migration: The Malaysia My Second Home (Mm2h) Program And The Japanese Retirees In Penang
title Retirement Migration: The Malaysia My Second Home (Mm2h) Program And The Japanese Retirees In Penang
title_full Retirement Migration: The Malaysia My Second Home (Mm2h) Program And The Japanese Retirees In Penang
title_fullStr Retirement Migration: The Malaysia My Second Home (Mm2h) Program And The Japanese Retirees In Penang
title_full_unstemmed Retirement Migration: The Malaysia My Second Home (Mm2h) Program And The Japanese Retirees In Penang
title_short Retirement Migration: The Malaysia My Second Home (Mm2h) Program And The Japanese Retirees In Penang
title_sort retirement migration: the malaysia my second home (mm2h) program and the japanese retirees in penang
topic P1-1091 Philology. Linguistics(General)
url http://eprints.usm.my/41380/
http://eprints.usm.my/41380/
http://eprints.usm.my/41380/1/IJAPS-1412018_Art.-479-106.pdf