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I am foreigner holding employment pass in Malaysia. I am working here almost 5 years and paying all taxes and every thing.

Just want to ask I am allowed to buy property ? if yes than is there any minimum or maximum limit ?

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4 Answers

David Wong Lai Kwong
Dear Mr. Mateen, In Malaysia, eg. Kuala Lumpur, foreigners are generally allowed to purchase condominiums or houses above RM1 million in value. Certain states in Malaysia, eg. Selangor have rules that allow foreigners to purchase strata titles properties (not houses with land) above RM2 million in certain locations. As for bank loans to foreigners, the banks are selective and the loan amount has been reduced depending on the credibility of income of the foreign purchaser. Do contact me if you need further advise to acquire a property in Kuala Lumpur at +60193330573  . Thank you. David Wong Licensed Principal Agent (E2097) QUANTUM REAL ESTATE Read More
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Goon day! It is possible for you to purchase a property in Msia but with a foreign purchaser's rule of min Rm1m for KL properties and Rm2m for selangor properties. Your advantage kicks in when you are renting out your property later. For non resident foreigners, they have a 26%tax on rental incomes. You will be subjected to local rates. For assistance in property search and mortgage advises, contact me,Jessica, at +60124500386  / jesvoon@gmail.com. I will try my best to assist. Many thanks Read More
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Good day! There's the foreign purchase rule of min Rm1m for KL properties, and min Rm2m for selangor properties. You can purchase up to any amount anove the min requirements. Your advantage would be on the rental income tax. You would taxed lesser as compared to foreigners not working in Msia. We can liase further at +0124500386 / jesvoon@gmail.com This is Jessica from The One Property International. Happy to assist. Many thanks Read More
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Good day Mr. Tabish Mateen, I'm Venise Tan from The Roof Realty. I'm here to offer my service to assisit you to sell, buy, let or rent your properties. Please call me @ 012230822  or email to venisetanyc@yahoo.com for further assistance. Appreciate your reply. Thank you Read More
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