Are foreigners allowed to own property in Malaysia?
When we asked expats in Malaysia if foreigners are allowed to own property, they answered...
"Yes, foreigners are allowed to own property in Malaysia. However, there are certain restrictions in place. Foreigners are only allowed to purchase property in certain designated areas, such as the Iskandar Malaysia region. Additionally, foreigners are not allowed to purchase agricultural land, and they must obtain approval from the relevant state authority before they can purchase any property," wrote a member who made the move to Malaysia.
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Other Questions:
- What do I need to know before retiring in Malaysia?
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- Are foreigners allowed to own property in Malaysia?
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Are foreigners allowed to own property in Malaysia?
If you live in Malaysia, newcomers to Malaysia would love to hear your answer to this question:
About the Author
Joshua Wood, LPC joined Expat Exchange in 2000 and serves as one of its Co-Presidents. He is also one of the Founders of Digital Nomad Exchange. Prior to Expat Exchange, Joshua worked for NBC Cable (MSNBC and CNBC
Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.
Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.