Search results with tag "Foreign exchange administration"

Foreign Exchange Administration Policies

Annual Report 2007 P 2 1 External Accounts are ringgit accounts maintained with licensed onshore banks by or for non-residents. 2 (a) FIC approval is not required for non-residents purchasing residential property exceeding RM250,000; and (b) Non-residents under the "Malaysia My Second Home" Programme are exempted from any approval requirement. II. Foreign Exchange Administration …

  Administration, Foreign, Account, Resident, Exchange, Foreign exchange administration