Retiring Hongkongers can now enjoy a new retirement solution offered by Aubella. The Malaysia My Second Home (MM2H) agency has signed a joint venture agreement today with Rainbow Credit Union, as well as an MOU with Malaysia Healthcare Travel Council (MHTC) to unveil this exciting new package to retirement investors.
Following this strategic alliance, the retirement solution presents a good investment opportunity as it offers investors and retirees a MM2H visa, a 10-year social visit visa as well as a unit of freehold property at Roppongi@Cyberjaya worth at an affordable package rate of approximately USD 168, 000. This highly affordable package is exclusively for MM2H applicants to invest into a structured hybrid fund via Rainbow Credit Union. Each unitis at an approximately price of USD 168,000 for a fixed period of 5 years.
This fund will be invested into a capital protected ion fund with an international custodian bank and it will be subsequently from Julius Baer Private Bank, an international custodian bank and it will subsequently be managed by a EGV Capital Limited, a Singaporean fund management company, led by Mr. Graham Bibby, a founding member of Hong Kong Investment Institute.
Upon completion of construction, this fund will be converted into a unit of residential property at Roppongi@Cyberjaya. Roppongi is expected to complete in 2019.
Investors nearing retirement age can consider renting out their units out as this offers a steady passive income. In a the long run, net worth of the property will grow due to capital value appreciation.
“We’re a truly excited by this partnership. This joint venture will create an opportunity for Hong Kongers to retire in Malaysia. Malaysia makes an ideal retirement location with good healthcare in place, highly affordable living cost as well as a large community of Chinese speakers,” said Vincent Fong, General Manager of Aubella.
Vincent further added "We believe that retirement should be sustainable and stress-free. This is joint venture is a sign of us constantly innovating our business model to meet the market needs. This is a one step forward in MM2H offering from Malaysia.”
“Roppongi is both urban and contemporary. It is designed with expatriates, students and families in mind. It is also ideal for senior living .Wwith a green atmosphere, a lifestyle mall and healthcare facilities within vicinity in a caring, secure communal environment,” explains Vincent Fong.
Malaysia is ranked as the top retirement destination in Asia by internationalliving.com for two consecutive years in 2013 & 2014. It is also ranked as the most popular long stay destination by retiring Japanese for eight consecutive years now from 2006 to 2013, as surveyed by the Longstay Foundation of Japan.