Asked by Anonymous
can foreigner buy agriculture land in malaysia
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1 Answer
Hi, I am Ryan from PropNex Malaysia. I want to assist you with your enquires.
The National Land Code (NLC) 1965, one of the primary property laws in Malaysia, defines a foreigner as any natural citizen who is not a permanent resident of Malaysia. In principle, foreigners can own any type of property (residential unit – both landed and highrise, commercial property and land, industrial property and land). The NLC also states a similar provision for foreign companies in acquiring property or land in this country.
As Malaysia is governed under a federal system, land matters lie within the state government’s jurisdiction. The rules in the states of Peninsula Malaysia differ from those of Sabah and Sarawak.
Each state has implemented different regulations governing foreign property acquisition i.e. types of property and application procedures. However, there are three types of properties that foreigners are not eligible to purchase:
Properties built on Malay Reserved land
Low and medium-cost residential units as defined by the state authorities
As determined by state authorities, properties distributed to Bumiputera interest in any development project.
Foreigners are also not allowed to purchase agricultural land. Nevertheless, in respect of building land or agricultural land gazetted for development, they may do so after receiving consent from the relevant state authority.
Don't hesitate to get in touch with me at +6017 3377 998 or WhatsApp: https://wa.link/klzr5z if you need further assistance. Read More
The National Land Code (NLC) 1965, one of the primary property laws in Malaysia, defines a foreigner as any natural citizen who is not a permanent resident of Malaysia. In principle, foreigners can own any type of property (residential unit – both landed and highrise, commercial property and land, industrial property and land). The NLC also states a similar provision for foreign companies in acquiring property or land in this country.
As Malaysia is governed under a federal system, land matters lie within the state government’s jurisdiction. The rules in the states of Peninsula Malaysia differ from those of Sabah and Sarawak.
Each state has implemented different regulations governing foreign property acquisition i.e. types of property and application procedures. However, there are three types of properties that foreigners are not eligible to purchase:
Properties built on Malay Reserved land
Low and medium-cost residential units as defined by the state authorities
As determined by state authorities, properties distributed to Bumiputera interest in any development project.
Foreigners are also not allowed to purchase agricultural land. Nevertheless, in respect of building land or agricultural land gazetted for development, they may do so after receiving consent from the relevant state authority.
Don't hesitate to get in touch with me at +6017 3377 998 or WhatsApp: https://wa.link/klzr5z if you need further assistance. Read More
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VPG SatishRepliedYes definitely can but there are criterias you must fulfill. Do PM me. I have good agricultural lands available for sale. All freehold ones. Cheers.