INCENTIVES & BENIFITS

House Purchase - Unlimited:

Allowed to purchase any number of residential  properties from minimum prices established by the respective state governments with bank loans up to 80%.

Car Purchase - Exemption of Tax & Duty on One Motorcar:

Allowed to bring his / her car  OR  purchase a locally assembled car without the need to pay import  duty,  excise duty and sales tax.

Education for Children:

Applicants who wish  to bring school going children are requested to apply for Student Pass to enroll in schools or institutions and higher learning centers recognised by the Government of Malaysia.

Domestic Helper :

Allowed to bring one domestic helper from country of origin.

Parents:

Allowed to bring Parents who are above 60 years of age.

Tax:

Overseas pensions and other income are not taxable in Malaysia. Interest earned on Fixed Deposits are free from tax provided the the amount is placed for more than one year or amount is less than RM 100,000 respectively. There is no inheritance tax  and capital gain tax derived from property sales proceed.