Budget 2020 highlights
KUALA LUMPUR (Oct 11): The following are the highlights of Budget 2020: Malaysian economy Budget 2020 has four thrusts including boosting economic growth in new economy and digital era, investing in people. Approved foreign direct investment has inreased to RM80.1 billion in 2018 from RM54.1 billion in 2017. Proctrated trade war offers Malaysia unique opportunity to become choice destination for FDI with high added value Overall debts and liabilities ratio to GDP lowered to 7


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Foreigners Invest in Malaysia Property
Foreigners Invest in Malaysia Property Malaysia has a minimum purchase requirement is RM1 Million (about US$225,000 as of early 2017). But in the State of Selangor it’s RM2 Million and foreigners may only purchase landed properties if they’re in gated communities. This price was raised several times before with the latest update back in 2014. In addition, foreign buyers may not own land designated as “Bumiputra only” – Bumiputra meaning ethnic, Muslim Malays. They also cannot