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Buying a House in Malaysia Print E-mail

Foreigners are allowed to purchase residential houses at a minimum price of RM250,000.00 each in Malaysia, depending on the location of the house [for the State of Sarawak: minimum price is RM350,000.00] without having to get approval from the Foreign Investment Committee (FIC) under the Prime Minister’s Department (www.epu.jpm.my).

The successful participants under the MM2H programme are allowed to withdraw their deposit after one year for investment purpose, including buying house or property. They need to maintain a minimum balance of RM60,000.00 from second year onwards and throughout stay in Malaysia under the programme.

 

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