What are the immigration conditions for buying a house in Malaysia?

You can't immigrate when you buy a house in Malaysia. Buying a house in Malaysia and emigrating from Malaysia are two concepts. You can apply for a second housing plan when buying a house in Malaysia. If the application is successful, you can get the right of abode for ten years and renew it indefinitely.

Application conditions of Malaysia's second home plan

First, a principal applicant should be established in the family. The Malaysian Immigration Bureau stipulates that either husband or wife can be the principal applicant. After the principal applicant is confirmed, the applicant can apply as long as the following conditions are met: the principal applicant has more than RM 500,000 in any bank in China.

In addition, after the application is approved, the main applicant under the age of 50 needs to open an account with a deposit of RM 300,000 in Malaysia; Principal applicants over 50 years old need to open an account in Malaysia with a deposit of RM 654.38+RMB 5,000.

Applying for the Malaysian Second Home Project and obtaining an ultra-long-term residence visa of 10 years, the applicant can not only accompany it runs in the family, but also enjoy some social benefits provided by the local government. The second home purchase plan is simple and can be completed in 3-6 months.