Malaysia is a great location to invest or buy properties. Unlike Singapore’s very high entry rate barrier for foreign investors, the Malaysian market is easy to invest for foreign investors. The country has the busiest shipping lane in the whole world. Its favorable location and increasing trade growth have preferred the country in boosting its economy. Considering Malaysia’s friendly policies, notable oil reserve and strong Islamic banking industry, it is the best place to invest in Asia.
Well, there are
many options of beautiful cities to invest in as you can own the land here.
Owning the land makes the market open for different classes of investment in
different cities and town. You can choose from the most famous cities such as
Penang, Kuala Lumpur and Johor Bharu. In order to invest to gain more profit,
there is a need to observe the trend of growing population in the city. With
the growing population, there will be more activities to support housing,
malls, supermarkets, and restaurants. As
a matter of fact, the country’s population is estimated to increase by 10
million by the end of 2050.
There are some
guidelines to keep in mind while investing. Firstly, the minimum amount for a
foreign investor is 1 million ringgit (RM) Malaysian currency which is
approximately $225,000. There is a limitation when it comes to owning land. You
cannot own the agriculture land, property with low- cost housing or land which
is designated to Muslim Malays. Few more rules are specific to the city and
state. Another key rule affecting your purchase is you are the part of Malaysia’s
My Second Home Visa (MM2H) program or not.
The government
provides well-documented agreement for land and condominium units so there
won’t be a problem from the government side. You can choose the builders who
are well-reputable and listed on the stock exchange to assure reliability. To
sum up, the Malaysia
property is a promising investment keeping future in mind.
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