What is the real estate policy in Sabah, Malaysia? How does Malaysia immigrate?

What is the real estate policy in Sabah, Malaysia? Malaysia's real estate industry has brought many preferential facilities to foreign investors. The residential property in Malaysia has the highest cost performance, the highest rate of return and the lowest transaction cost in the Asia-Pacific region. Most of them buy houses in Malaysia for project investment. Since 2008, foreign investors only need to meet the preconditions of local state government departments, and do not need to apply for a little permission from the Overseas Investment Committee.

Malaysia's only requirement for foreign investors is that foreign investors cannot buy the real estate industry within RM 100 and the real estate industry reserved by the government for Malaysian aborigines. The lowest selling price of real estate will depend on different countries. Different from other countries, Malaysia allows foreign investors to apply for registration of the purchased real estate industry under their own accounts. This provision is not only more free and convenient, but also fully protects the interests of foreign investors. As long as investors buy a house, it is mainly for boasting, and Malaysian banks can also provide convenience for borrowing when conditions permit.

According to Malaysian laws and regulations, foreign investors and Malaysians enjoy the same protection. Every sales contract must be drawn up according to the standard format, and every real estate agent must violate the law. According to this system, all payments from the buyer or bank must be deposited into a special account opened by a legitimate bank in Malaysia, and each account can only be used for payment, marketing and publicity and the realization of the project construction plan.

In the sales contract, there is a system that all real estate developers must complete land property rights within 24 months or strategic property rights within 36 months. If real estate developers can't implement it within the prescribed time limit, they must make corresponding compensation. Many countries always go through ups and downs. At this stage, the Malaysian government department in power started from 1957 and still stands today. The relatively stable political environment is the main consideration for many foreign investors to make decisions.

Malaysia's legal provisions and every communication are basically in English, and Malaysian laws are written in accordance with British laws and regulations, and the procedures are completely transparent, which makes foreign investors feel more at ease.

How does Malaysia immigrate? Malaysia: My Second Home is the official marketing plan of the Malaysian government. The investment and residence plan of this project is especially suitable for those who want to live or go to Malaysia frequently. Because it is reasonable to apply for a project for ten years at a time, you can avoid a lot of visa period fees and. Simple application procedures, no age requirements and no English requirements have become an important factor to attract China people. Besides, the cultural characteristics of China and China are similar. Applicants who participate in this project are easily accepted by local social development and can quickly integrate into local social development.

It is understood that according to the investment and residence plan of this project, foreign China citizens can settle, work, start a company, go to school or enjoy retirement in Malaysia with a long-term second residence visa. This plan is different from other countries' immigration investment plans. Applicants do not have to buy immigrant investment stock funds or real estate.

You only need to have a deposit of not less than RMB 30,300,000 in Malaysia or provide proof of personal income to obtain ten-year permanent residency in Malaysia (including the other half and their minor children). On the premise of enjoying the deposit interest rate, you can enter and leave the host country without restrictions. At the same time, you can buy or carry a car with you under the tax-free policy, or you can take a part-time job at home. In addition, foreign China citizens who hold long-term visas for second residence can buy two properties with permanent property rights, without being restricted by properties that foreigners are prohibited from buying in Malaysia.