MM2H Visa Holders Can Purchase an Unlimited Number of Properties!
One of the main objectives of the Malaysian Government introducing the Malaysia My Second Home program (10-years multiple-entry visa) for foreigners to enjoy their long stay in Malaysia. Currently, MM2H visa application avail with very affordable, low entry requirements which has successfully attracted more than 100 nationalities worldwide to-date, and as many as 23,000 families have joined the program. [Check out MM2H Criteria to Apply]
There is no more restrictions for foreigners concerning the number of properties purchased. All foreigners, including MM2H visa holders are allowed to purchase unlimited number of commercial property as well as land (with the exception of some land belonging to indigenous Malaysians) within a minimum of RM 1 million price. However, if your purchase is more than RM 10 million for a single property, the application need required to submit to the Malaysia’s Economy Planning Unit for approval, which will likely be approved as long as the purchase is from “clean money” source.
Here is the latest minimum property prices can be made by foreigners including MM2H participants:
|MALAYSIA STATE||MIN. PRICE PER PROPERTY FOR FOREIGNERS|
|SELANGOR||RM 2 million (Zon 1 & 2) or RM 1 million (Zon 3)|
|KUALA LUMPUR||RM 1million|
|NEGERI SEMBILAN||RM 1million|
|MALACCA||RM 500,000 (Strata Title) or RM1 million (Landed)|
|PENANG||RM 500,000 (2 units)|
Speak to our Property Investment Division at +603-2181 2882 or email to email@example.com if you need further information on your property purchase! Feel free to invest in Malaysia!
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