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Saturday, December 29, 2007

Make Labuan, your second home

Who Are Eligible To Apply?
- It is open to all citizens of countries recognized by Malaysia regardless of race, religion, gender or age.

- The applicant must prove a minimum fixed deposit of RM150,000 with any Malaysian financial institution and have a monthly offshore income equivalent to at least RM7,500 if single or RM10,000 if with spouse.

Other Conditions
- Having a reputable sponsor can be a help. However, this condition is not required if the financial background and status of the applicant satisfies the processing officer.

- To have a medical report from any recognized hospital.

- A medical health insurance valid in Malaysia.

- The successful applicant cannot seek gainful employment in Malaysia unless he possesses special expertise and obtains the permission of the Malaysian government.

Why Malaysia?
Government support
This program is initiated, organized and launched by the Malaysian Government. It is, therefore, a program, that the Government will continuously work to ensure its success.

Standard of living
Malaysia has one of the highest standards of living in the region with all the modern infrastructure and facilities in place.

Cost of Living
Cost of living is one of the lowest in Asia and will remain so for a very long time. This is achieved through the Government's efficient monitoring of the economy in ensuring that inflation is kept low at all times and thereby also the prices of goods and services.

Weather
The weather is pleasant, warm and balmy with moderate rain throughout the year.

Infrastructure
Labuan has a new airport terminal, extensive sealed roads, reliable electricity supply, clean water, state-of-the-art satellite telecommunication system, excellent sea port facilities, sports complex and an ultra modern sea sports complex that hosts some of the region's biggest sea sport events.

Political Stability
The ruling Government is the longest serving freely elected Government in the world. It is a Government representing all the races, religions, cultures etc. found in Malaysia. In fact, Malaysia is one of the most politically stable countries in the world.

Rule of Law
The rule of law is one of the fundamentals in Malaysia's constitution. Everyone is subjected to the law and also equal before the law. Malaysia practices basically the British system of justice with an independent reliable and dependable judiciary.

Religion
Islam is the official religion of Malaysia but the constitution guarantees the right of people to practise other religions.

Education
Labuan has excellent education facilities. There are 39 pre-schools, 1 international school, 14 primary schools, 7 secondary schools, 1 technical school, 1 industrial training institute, 1 Matriculation College and 1 University.

Safety
Statistics can proof that Malaysia is one of the safest countries in the world, Its crime rate is relatively low.

Culture and Language
The Malay language (Bahasa Melayu) is the national language of the country; English is the second language but other languages can be freely used and practised. Similarly the Malay culture is dominant in the country because the Malays are the dominant race in Malaysia and in the region. But other cultures can be practised very freely and there is a free intermingling of different cultures.

Food and Fruit
All the food of the world can be found here at very reasonable cost. With so many races and cultures living together in harmony, it is understandable that each race has picked up the best of each other's food and made Malaysia into Asia's Food Paradise. Similarly the tropical fruits of Malaysia are unique, exotic and available in abundance practically throughout the year. It should be a real joy to savour these fruits.

Recreational Activities
Labuan offers plenty of recreational activities, which include sport fishing, eco-diving, snorkeling, wreck diving, dingy sailing, jet skiing, sea snake watching, kayaking, proboscis monkey and horse riding.

Shopping
Most of the items that tourists normally like to buy - perfumes, cosmetics, watches, fountain pens, a long list of electronic goods, branded goods etc. are completely free of tax. Quality goods from all over the world are imported and are relatively low in price and sold throughout Malaysia.

Medical Facilities
There are adequate medical facilities on the island. Labuan's new hospital has 109 beds. Most of the time, they are only 42% full. There are 28 doctors - 13 in government service and 15 on private practive. Labuan also has the only decompression chamber in East Malaysia, which is owned and operated by the Malaysia Navy.

Residence
Foreigners are allowed to own land and properties in Labuan. The island has many beautiful mansions, bungalows, condominiums and quality houses for sale or rent at bargain prices.

Further Enquiries
For further enquiries regarding this program, participants can contact:-

Ministry of Culture, Arts & Tourism, Malaysia
Tourism Division
Level 33, Menara Dato' Onn
Putra World Trade Centre
45, Jalan Tun Ismail
50694 Kuala Lumpur, Malaysia
Tel: +6 03-2693 7111 / 2692 3132
Fax: +6 03-2694 1146 / 2693 2399
Website: www.mocat.gov.my

Ministry of Home Affairs, Malaysia
Block D1, Parcel D
Federal Government Administrative Centre
62546 Putrajaya, Malaysia
Tel: +6 03-8886 8000
Fax: +6 03-8889 1613

Department of Immigration, Malaysia
Block I (North), Level 4
Damansara Town Centre
50550 Kuala Lumpur, Malaysia
Tel: +6 03-253 9181 / 254 5096 / 254 5108
Fax: +6 03-252 4911 / 256 2340
Website: www.imi.gov.my

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