why invest in malaysia
Located in South-East Asia, Malaysia is the fourth-largest economy in the region. This vibrant country is filled with various races, ethnicities and religions living in harmony. Ranked in the world's top ten best places to do business, Malaysia is a great destination to live, travel and invest. If you're curious to know why you should invest in Malaysia, you've come to the right place!
Here are a few reasons to invest in Malaysia :​​
Strategic position
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Located in one of the world's most important shipping lanes, Malaysia's strategic location in the Straits of Malacca plays a pivotal role for investors and entrepreneurs alike. Being in a prime location like Malaysia allows investors to be in the radius of primary Asian markets and cuts down on travel time. Thus, it is an ideal location for one to expand their investment portfolio. ​
Government initiatives
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In efforts to catalyse a more business-friendly environment, the Malaysian government has introduced plenty of incentives, subsidies and pro-business policies. Plus, in the recent announcement of the 12th Malaysia Plan (12MP), the government aims to increase private investment and improve upon human capital, among other economic goals, by 2025. Therefore, investing in Malaysia for the upcoming years, starting from 2021, will be a great start off for investors all around.
Describe your image
Describe your image
MSC status
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In conjunction to drive the digital economy, Multimedia Science Corridor (MSC) Malaysia was introduced by the Malaysian Digital Economy Corporation (MDEC). MSC status is granted for both local and foreign companies to accelerate the growth of IT industries in the country. Companies with MSC status enjoy tax exemption for the statutory taxable income for up to ten years. Additionally, the status also allows companies to hire foreign professionals as well. Therefore, the MSC status is mightily beneficial for investors.​​
Prominent business hub
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Malaysia is home to a broad spectrum of leading businesses. Kuala Lumpur, the country's capital city, houses business parks, multinational companies and their respective headquarters, etc. Malaysia also has a high rate of professionals in a wide range of industries. Although Malay is the national language here, the locals are well-versed in speaking other languages, such as English, Mandarin, and Tamil. On top of that, Malaysians can communicate in a number of dialects too. In conjunction with the country's goal of becoming a knowledge-based economy, Malaysia also expects an influx of expatriates.
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KL golden triangle
KL golden triangle
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Affordable properties
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Malaysia is a great place to diversify your investments. Compared to other Asian countries such as Singapore and Taiwan, Malaysia has lower prices per square feet. Malaysia offers relatively reasonably priced properties compared to other similar locations, perfect for beginners and seasoned investors. Under the Torrens system, foreigners can buy freehold properties in Malaysia and have the same rights as the locals. Furthermore, buying a property in Malaysia is hassle-free, even for foreigners. Albeit coming with its own set of paperwork, foreign property ownership here is easier, quicker and proportionally cheaper to acquire.​
Multiculturalism
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Malaysia is home to plenty of races, with over 136 living languages still spoken in the country. Often dubbed as 'Asia in miniature', Malaysia is a melting pot of various cultures and traditions from around the world. Although Malaysia does stay true to its unique and distinctive cultures, there still exists culture crossover and fusions locally. Japanese, Persian, Arabic, Portuguese traits can be seen within Malaysia's multiculturalism, making the country truly one of a kind. . ​
Malay, Chinese, Indian together, multicultual
Malay, Chinese, Indian together, multicultual
Photo Source: Berita Harian Malaysia
Vibrant nightlife
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Malaysia has a vibrant nightlife. Countless eateries, bars and restaurants can be found in places such as Bukit Bintang, Jalan Alor, Damansara, Georgetown, Kota Kinabalu, Kuching and more. There's always something to do in Malaysia - regardless of the time! ​
Living environment
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Malaysia is peaceful and harmonious. The country ranks 23rd in the Global Peace Index (GPI) by the Institute for Economics & Peace (IEP). Moreover, Malaysia is also widely regarded as one of the friendliest countries in Asia. Although the locals are made up of three different major races, Malaysians are welcoming people who are united and co-exist in harmony.
Healthcare and education
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Speaking about health, Malaysia is well-known for having one of the world's best healthcare systems, infrastructure and facilities. The country has a dual-tiered healthcare system - the public universal healthcare system and the private healthcare system, which is heavily subsidised for the people. All citizens and legal residents are provided quality care. Apart from that, Malaysia has excellent education standards. Malaysians are generally well educated - with the constant growth of literacy rate. ​
Cost of living
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Compared to surrounding countries in the same location, the cost of living in Malaysia is considerably low. Monthly rent and housing prices are relatively inexpensive, even in prominent areas. For RM2500 (650 USD), tenants can find luxurious and spacious accommodation. On top of that, prices for transportation, utilities, groceries, sports and leisure are generally affordable.
Malaysia fruit's price affordable
Malaysia fruit's price affordable
Malaysia’s Economic Outlook
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With the increasing vaccination rate, the Malaysian market is seeing improvements in both import and export. According to the Ministry of Finance (MOF), the gradual reopening of economic sectors is on track with the National Recovery Plan’s (NRP), which continues to spur economic growth. The country’s economy is expected to rebound well in the upcoming year of 2022, with Malaysia’s GDP projected to reach 380 USD billion.
