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Buying real estate
Foreigners are allowed to purchase properties in excess of RM150,000 and above, approval by the Foreign Investment Committee (FIC) and State Authority. is no longer required.
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Stamp duty rates Legal fees (schedule) Tax rates (Income) Non residents are taxed at 28% flat. Real Property Gain Tax Waived; 5% for foreigner Deductible expenses |
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Tax planning opportunity |
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