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Even with
the new changes made by the Malaysia Government for foreigners on
raising Malaysia property price per unit from
MYR500,000 to MYR1
million and the Real Property
Gains Tax (RPGT) new rates, there are still many foreigners invest
in Malaysia property.
10 new reasons why Malaysia is the better place to invest and favored by
foreigners:
- Malaysia is improving fast gaining good ranking in business report by
World Bank Business Committee, having ranked 6th most friendliest to
conduct business;
- Malaysia economy is growing well on track for 2013, projection of 5.5%
is well on target;
- 2014 is Visit Malaysia Year, major publicity around the world to
encourage more visitors to the country;
- Malaysia is free from natural disaster such as typhoon, earth quake and
tsunami;
- More and more Japanese are migrating to Malaysia thru
Malaysia My Second Home (MM2H) for
10-years residency visa, this is due to continuous Fukushima radioactive
is leaking. MM2H program is the 3rd best
retirement program in the world for 2014;
- Malaysia is on track to achieve its Economic Transformation Program as
planned;
- Investors from Middle Eastern and Chinese are pumping huge monies into
the real estate and its developments in this region;
- Malaysia property is still among the cheapest in the region;
- Malaysia’s political stable country;
- Malaysia is committed to further liberalization of its economy with
South East Asia nations to form Asean Economy Co-operation (AEC); and
- Malaysia is part of Asia Pacific rim where the Asia Pacific real
estate markets currently account for 27% of the global real estate.
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