1 Answer

David Wong Lai Kwong
1. Yes a foreigner may purchase residential properties in Malaysia generally above RM1 million in value in Kuala Lumpur and only flats above RM2 million in the state of Selangor. Other states in Malaysia will have their own threshold and property type for foreigners to purchase. 2. However, if a foreigner is not working and employed in reputable companies in Malaysia or overseas and paying taxes, it will be difficult for foreigners to obtain a bank loan in Malaysia to purchase the property. It will have to be self funded. 3. It is almost impossible to get a PR in Malaysia unless the foreigner had worked and stayed in Malaysia for a very long time depending on the category. Read More
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