MM2H Visa Holders Can Purchase an Unlimited Number of Properties!
One of the main objectives of the Malaysian Government introducing Malaysia My Second Home program (10-years’ multiple-entry visa) for foreigners to enjoy their long stay in Malaysia. Currently, the MM2H visa is very affordable with low entry requirements which have successfully attracted more than 100 nationalities worldwide to-date, and as many as 45,000 families have joined the program. [Check out MM2H Criteria to Apply]
There are no more restrictions for foreigners concerning the number of properties purchased. All foreigners, including MM2H visa holders, are allowed to purchase an 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 prices. However, if your purchase is more than RM 10 million for a single property, buyer requires to submit to Malaysia’s Economy Planning Unit for approval.
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 +603-2161 5096 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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