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 Interested in buying a property But ...

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TSMBCH
post Jan 26 2020, 09:20 PM, updated 6y ago

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Joined: Apr 2019
From: KL


I am a single European men, currently living in Malaysia under director and shareholder work permit, interested in spending a 7-8 months each year in Malaysia (I love your country) after finishing my work permit

I've been looking to buy a property, a serviced apartment in KL especially in Bukit Jalil (despite traffic jam I like this Area) and I found good one with +700k RM as minimum purchase has been decreased by gov (I Don’t need bank loan) However, I have some questions that I couldn't find any answers, and I would appreciate your answers/clarifications

I am NOT planning to work in Malaysia, (I have some investments and fixed deposits) but a vacation home that I could stay in

So the question

- if I buy a property what kind of visa/Residence I will be granted to be able to spend more than 3 months ?? (NOT looking for MM2H or PR)

*Example in Spain if you buy a property you will get a 1 year visa (without work permit) and you can renew each year while you still have this property

so its really not clear



Thanks guys


 

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