Dear all,
I need a confirmation that starting May first, the new rule came in place that expats can not buy property for less than RM 1 million ( from 500,000?).
Would that also apply when establishing a company or business. Thanks in advance..
Expat to buy propert for MYR 1 million and above..
TS2011
02 June 2014 17:54:47
56
Gravitas
03 June 2014 02:54:59
9040
It is confirmed:
http://www.epu.gov.my/en/guideline-on-t … properties
For business the paid up capital is RM500k or also RM1 million depending on type of business.
http://malaysiabizadvisory.com/incorpor … y-sdn-bhd/
(This site has all the information you need about business and immigration in Malaysia.)
TS2011
03 June 2014 11:17:15
56
Thanks Gravitas,
as usual you are there to support us and provide good reference material. Much appreciated..
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