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malaysia’s New Expatriate Policy: Impact on Businesses and Talent Progress
Malaysia is implementing a revised policy regarding Employment Passes (EPs) for expatriates, aiming to strengthen local talent and reduce reliance on foreign workers. The changes, announced in late 2023 and taking effect in 2024, have prompted businesses to reassess their workforce strategies and investment plans. While the government maintains that Malaysia remains open to foreign expertise,the new regulations prioritize the development and employment of Malaysian professionals.
Policy Changes and key Concerns
The core of the new policy involves stricter criteria for EP approvals and renewals. The Ministry of Home Affairs now evaluates applications based on “national interest,” with a focus on roles that cannot be readily filled by qualified Malaysians. Contract extensions are no longer automatic and are subject to
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