Malaysia Property: In Focus
Overseas Property News - Malaysia
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International investment property has become a trend especially among UK buyers who are in search of holiday home outside their own country. Among the world's top notch destination is Malaysia, a country located in Southeast Asia dubbed to be among the most popular destination for foreigners to buy properties.
Foreigners enjoy no capital gains, no inheritance or gift tax and are granted immediate residency upon choosing to invest in any of the different Malaysia property offered in the market. According to the Head of the international Research for DSR,
"Details are few and far between as to what the new initiative will involve; Malaysia is already one of the most foreigner friendly property investment destinations in the world. Legal documents and contracts being in English, as well as the legal system being almost exactly the same as Britain's make it particularly easy for Britons, and only slightly less so for English speakers from other countries. So, perhaps the government intends to add incentives for discounted translation services, or translate documents into the buyer's nationality for a nominal fee, or perhaps no fee at all. Beyond that, my guess is as good as yours."
DSR offers excellent property in Malaysia; two off-plan properties in Kuala Lumpur, and one. These strategic location feature perfect holiday home and vacation sites at 7% guaranteed rental yield for the first five years.
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