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Rasmale' residents to get special visa subject to periodic renewal

Attorney General Ahmed Usham said foreigners buying property and settling in Rasmalé under the government's project with Eagle Hills will be granted a special visa subject to periodic renewal, modeled on Malaysia's "My Second Home" (MM2H) program. He said the arrangement will fall outside the stalled Pearl Residency framework run with Henley & Partners, and that the government intends to issue a Corporate Residence Visa under the Immigration Act for Rasmalé settlers.

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What are the key figures?

Sources 1carried it 1 of 19 news outlets we monitor
Figures2as written, with their sentences

One outlet so far Only Adhadhu (English) has reported this among the sources we monitor. A gap in what we monitor, not proof that others did not report it.

Who said what

the reports' own quoted words, each once
  • If we introduce such a program, it will follow that same model.

    Attorney General (AG) Ahmed Usham Adhadhu (English) Open the report (Adhadhu (English))

  • The reason this is stalled—why the Pearl Visa remains unfinished—is because the investors for Rasmalé do not agree that the approach proposed by Henley & Partners is the right way forward

    Attorney General (AG) Ahmed Usham Adhadhu (English) Open the report (Adhadhu (English))

  • We will not be issuing visas to those involved in the Rasmalé real estate business under the Pearl Residence Visa. Because we are still in the process of drafting these laws, a final decision has not yet been reached

    Attorney General (AG) Ahmed Usham Adhadhu (English) Open the report (Adhadhu (English))

  • What is certain is that this will not fall under the Pearl Residence framework managed by Henley & Partners.

    Attorney General (AG) Ahmed Usham Adhadhu (English) Open the report (Adhadhu (English))

Promises in this story

what was committed, and where it stands
  • Attorney General (AG) Ahmed Usham · Foreign nationals purchasing property and settling in Rasmalé under the government's project with Eagle Hills will be granted a special visa subject to periodic renewal

    Promised Follow it

  • Attorney General (AG) Ahmed Usham · Government intends to issue a Corporate Residence Visa under the Immigration Act for those settling in Rasmalé, outside the Pearl Residence framework

    Promised Follow it

How the reporting differs

one source so far

Nothing to compare yet. If another monitored source reports it, its headline appears beside this one.

Figures in these reports

as written, with the sentence they come from
  • 10-year Visa validity granted under Malaysia's MM2H program described as the model Adhadhu (English) In [the Malaysian program], once they invest a specific amount or maintain a certain balance in a bank account for a year, they are granted a 10-year visa. This means they don't have to renew it for 10 years; it remains valid for that duration.

    Word for word from the report in Adhadhu (English). Open the report

  • After 10 years Renewal cycle for the visa after its initial validity Adhadhu (English) After 10 years, they must renew it, provided they continue to meet the specified requirements," Usham explained.

    Word for word from the report in Adhadhu (English). Open the report

Subjects

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Named in these reports

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