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Lawyers Corner, A one-stop centre on lawyers and queries
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me_mbh
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May 26 2011, 06:27 AM
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Getting Started

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hi there,
unsure if i've gt the right place but i wish to ask the lawyers here.
currently i am a malaysian but working oversea. i had already declared a Cp21 leaver in my income tax for malaysia. however, i had the intention of buying property back here in malaysia.
my query is; is there any deviation from the usual procedure? i.e. do i need to pay for the RPGT ( or able to get an exemption) and for the CKHT form 2; any problem since my income tax is considered as not active since already declare to left malaysia?
Is there any others info that i need to take note? btw, this is my first prop in here.
Thanks in advance for the heads up
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me_mbh
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May 26 2011, 01:20 PM
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Getting Started

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QUOTE(dariofoo @ May 26 2011, 11:26 AM) Being a foreigner, you may need to obtain the consent of the FIC before you can purchase any property. When you appoint a lawyer to handle your SPA, he can advise you further on the rigmarole of same.  Hi Dario, thanks lot for the reply however; one of ur remark puzzles me. "Being a foreigner". Is my status now considered a foreigner since i am working oversea and not contributing to malaysia's taxation?
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me_mbh
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May 26 2011, 11:54 PM
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Getting Started

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QUOTE(dariofoo @ May 26 2011, 02:25 PM) Alamak sorry my dear friend! I read through your post too fast and I didn't realised that you stated that you're a Malaysian! Humble apologies and no offence meant. No need FIC consent. You're good to go!  thanks lot bro
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me_mbh
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Aug 14 2011, 06:24 PM
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Getting Started

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Hi dariofoo, wish to trouble you again. understand that bankers usually source for their panel lawyers to prepare the loan agreement. for this, can we request the banker to nominate another one of their panel lawyers or request for "discount" if the fees are deemed too high? thanks first
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me_mbh
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Aug 15 2011, 03:40 PM
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Getting Started

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QUOTE(dariofoo @ Aug 15 2011, 12:17 PM) If you deem that the fees are too high you can: 1) Write to Bar Council to complain and insist that the lawyer be paid only peanuts; and 2) Do the loan documentation on your own.  you must be kidding right reason i ask is noticed that the cost for my bank loan fees are much higher than my SnP fees. now trying to work this out with the relevant banker. btw, thanks 2
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