What do China people need to buy a house in Malaysia?

Malaysia's only condition for foreigners to buy a house is that they need to buy a property of RM500,000 or more.

Malaysia's only condition for foreigners to buy a house is that they need to buy a property of RM500,000 or more, which is about RMB830,000. If you want to buy a property below RM500,000, you need to join the second home plan. In addition, after foreigners buy Malaysian real estate, they are not allowed to sell the real estate within three years from the date of signing the purchase contract.

Extended data

The Malaysian government said in a statement that "Malaysia welcomes all tourists, including those from China, and there are no restrictions on other foreign tourists as long as they can meet the basic immigration conditions stipulated by the Malaysian government."

For China people, a single visa for China tourists in Malaysia is valid for 30 days. The statement also mentioned that in 20 17, the number of tourists from China to China reached 2.3 million, and the Malaysian authorities also expressed their expectation that the number of tourists from would reach100000 in the future.

The statement said that foreigners, regardless of nationality, will add some specific terms and information on the basis of existing conditions for public implementation, but buying real estate in Malaysia cannot guarantee automatic residency.

For foreigners who want to obtain permanent residency in Malaysia, the Malaysian government has a government project called "Malaysia, My Second Home" (MM2H). For those foreigners who intend to stay in Malaysia permanently, the Malaysian government stated that these provisions are very clear and the information about this plan is public.

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