Expat to buy propert for MYR 1 million and above..

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TS2011 Active member

Member since 13 January 2012

TS2011Active member02 June 2014 15:54:47

Dear all,
I need a confirmation that starting May first, the new rule came in place that expats can not buy property for less than RM 1 million ( from 500,000?).

Would that also apply when establishing a company or business. Thanks in advance..

Gravitas ViP

Member since 02 March 2011

GravitasViP03 June 2014 00:54:59

9040

It is confirmed:

http://www.epu.gov.my/en/guideline-on-t … properties

For business the paid up capital is RM500k or also RM1 million depending on type of business.

http://malaysiabizadvisory.com/incorpor … y-sdn-bhd/

(This site has all the information you need about business and immigration in Malaysia.)

TS2011 Active member

Member since 13 January 2012

TS2011Active member03 June 2014 09:17:15

Thanks Gravitas,
as usual you are there to support us and provide good reference material. Much appreciated..

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