Effective 1st Jan 2014, pricing limit for foreign ownership has raised from RM500,000 to RM1,000,000 subject to different state’s capping.
Such as Selangor Land Office has changed the minimum purchase price regulations for foreigners to RM2 million in the following districts :
The Malaysia My Second Home (MM2H) is a scheme promoted by the Government of Malaysia to allow eligible foreigners to stay in Malaysia for as long as possible on a multiple-entry social visit pass. The Social Visit Pass is for an initial period of ten (10) years, and is renewable thereafter.
Participants of the MM2H Programme are provided with various incentives to make their stay more comfortable and enjoyable in Malaysia:
For more information about MM2H, click here.