Transcription of 4) ACQUISITION OF PROPERTIES UNDER …
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4) ACQUISITION OF PROPERTIES UNDER malaysia MY second HOME PROGRAMME ACQUISITION OF PROPERTIES BY FOREIGN INTERESTS UNDER FOREIGN INVESTMENT COMMITTEE (FIC) S GUIDELINE 1. ACQUISITION of Residential Units UNDER malaysia My second Home Programme a. Purchase of residential unit UNDER malaysia My second Home Programme is exempted from FIC s approval. (Effective 1st March 2014). b. All categories of residential units are allowed except for low-cost and medium low-cost units as determined by the state authorities, all PROPERTIES built on Malay reserve land, units that are reserved for Bumiputera quota and agricultural land developed on the basis of the homestead concept c.
4) acquisition of properties under malaysia my second home programme acquisition of properties by foreign interests under foreign investment committee (fic)’s guideline
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