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Question and Answer

Question Classification
Q
1. Can foreigners apply loan in Malaysian property?
A
Yes, the conditions are as follows:
I. Age requirement: 18-70 years old
II. Maximum loan duration: 60 years-current age ...
Q
2. What is the loan application process in Malaysia?
A
(1) Prepare relevant materials and documents
(2) Submit application forms and related materials
(3) Bank review will take about 1 month ...
Q
3. What are the required documents to apply loan in Malaysia?
A
(1) Chinese Loan Information Form
(2) Photocopy of passport
(3) Certificate of Employment (employment certificate ...
Q
4. What are the cost will incur after buying a property in Malaysia?How to calculate?
A
Cost calculation
(1) Lawyer fee (sale contract)
First RM 150,000 = 1.0% (minimum cost RM 300) ...
Q
5. How to calculate Real Property Gain Tax in Malaysia?
A
Year of Resale Tax Rate
Between 5 years Around 30%
After 5 years Around 10% ...
Q
6. What is the lower minimum purchase price for high-rise units for foreigners?
A
The threshold price:
Johor Bahru: RM500,000
Malacca: RM 500,000 ...
Q
7. What is the purchasing process in Malaysia?
A
I. Sign Booking Form and pay the deposit. Usually deposit is 10% of the total purchase price of the property.
II. Sign contract: Signing the "Sales and Purchase Agreement"? " Deed of Mutual Covenants" & "Deed of Agreement".
III. State Authority’s Consen
Q
8. How is the education in Malaysia?
A
Malaysia is one of Asia's top education destinations. There are a few of famous international school in Kuala Lumpur.
✓ The International School of Kuala Lumpur
✓ Alice Smith International School
Q
9. What is Malaysia second home(MM2H) ? Is the second home an immigrant?
A
The Malaysia My Second Home (MM2H) is a programme promoted by the Malaysia Tourism Authority and the Immigration Department of Malaysia, to allow foreigners to stay in Malaysia for a period of ten years.
Q
10. Why Malaysia second home (MM2H) is famous?
A
✓ No age restriction, no English requirement, no proof of asset origin. The ten-year visa is renewed for life and there is no need to repeat the visa for freedom of entry and exit.
✓ Fast processing, short cycle, ready to use. The materials are simple
Q
11. Does Malaysia have four seasons? What's the climate like?
A
Malaysia doesn’t have four seasons. The terrain of Malayan is relatively complicated and the natural resources are abundant. It is near the equator and Its tropical weather happens all year round with sunny skies and humid rain falls.
Q
12. What is the population of Malaysia?
A
The population of Malaysia is estimated in 2020 to be around 30 million and the proportion of Chinese is about 24%.
Q
13. Where can I buy Malaysian property?
A
The introduction of Malaysia My Second Home Scheme (MM2H) has positioned the country as one of the most foreign-friendly countries in Southeast Asia for real estate investors.
Q
14. What are the famous attractions in Malaysia?
A
Sultan Abdul Samad Building in Kuala Lumpur, Petronas Twin Towers, Kuala Lumpur Tower, Kuala Lumpur Mosque, Malacca Christian Church, St. Paul's Church, Malacca Santiago, Netherlands Pale Island, Kota Kinabalu Water Mosque, etc.
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