Foreign Investment Guidelines 2010

The latest FIC Guidelines is effective from 1 January 2010, raising the threshold of non-Malaysian ownership of residential property to those priced at RM500,000 and above, among other matters.

Read REHDA's stand on the matter here. REHDA is currently appealing to the Government for the ruling to be revisited.

Easing of FIC Guidelines - Press Release by Prime Minister

Kerajaan sentiasa berusaha mencari inisiatif bagi mengurangkan birokrasi dan menjana ekonomi Negara. Untuk tujuan itu, YAB Perdana Menteri telah bersetuju untuk membenarkan warganegara asing membeli unit kediaman berharga melebihi RM250,000.00 seunit, tanpa perlu mendapatkan kelulusan daripada Jawatankuasa Pelaburan Asing (Foreign Investment Committee – FIC), Unit Perancang Ekonomi, Jabatan Perdana Menteri. Mereka juga tidak dikenakan sebarang syarat kegunaan serta tiada had bilangan.

FOREIGN INVESTMENT COMMITTEE GUIDELINES FOR THE ACQUISITION OF PROPERTIES BY LOCAL AND FOREIGN INTERESTS

The purpose of this Guideline is to clarify the rules and regulations of the Foreign Investment Committee (FIC) pertaining to the acquisition of properties by local and foreign interests.

Summary of Guidelines Issued by FIC from 1992 - 2001