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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SJB-Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model. Our clients benefit from their country’s most favorable tax environment by utilizing the efficient investment vehicles we offer. Our commitment to quality service is reflected in our stellar reviews, with over 300 testimonials boasting 95% five-star ratings.
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Click connect to have our partner contact you via e-mail and/or phone.
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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.