: Requires a USD 500,000 deposit and property worth RM 1 million+ .
: Every foreign purchase requires formal approval from the local state government, a process that typically takes 1 to 3 months .
: Requires a USD 1 million deposit and property worth RM 2 million+ . buy home in malaysia
The Malaysia My Second Home (MM2H) program was updated in 2024 with a new three-tier system that mandates property purchase:
: Generally set at RM 1 million (~USD 230,000) for most states like Kuala Lumpur. Some states have higher limits; for example, Selangor requires RM 2 million for landed properties. : Requires a USD 500,000 deposit and property
: Requires a fixed deposit of USD 150,000 and a property purchase of at least RM 600,000 .
: Foreigners are strictly prohibited from buying: Properties built on Malay Reserved Land . Low-cost or medium-cost housing units. Units allocated under the Bumiputera quota . 2. Visa Programs & Property Ownership The Malaysia My Second Home (MM2H) program was
Buying a home in Malaysia is a structured process governed by both federal and state laws. Malaysia is unique in Southeast Asia for allowing foreigners to own property in their own names, though they are subject to minimum price thresholds that vary by state. 1. Core Requirements for Foreigners