
Liberalisation Of The Foreign Investment Guidelines In Malaysia A somewhat undersold development from the Malaysian property scene was the recent liberalization of Malaysia’s Foreign Investment Committee (FIC) Guidelines in December last year. In a press statement, the Economic Planning Unit of the Prime Minister’s Department announced that effective 21 December 2006, foreigners are allowed to buy residential units valued over RM250,000 per unit without having to obtain the approval of the FIC. Foreigners would no longer be imposed with any conditions of use or limitations to numbers of properties bought. This ruling contrasts with the previous position, in which any acquisition of property by foreign interest…. Click here to Read More










