British Expats - Malaysian banks lend to non-residents??

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- - Malaysian banks lend to non-residents?? (https://britishexpats.com/forum/malaysia-148/malaysian-banks-lend-non-residents-677489/)

Meow	Jul 20th 2010 2:31 pm

Malaysian banks lend to non-residents??

A long shot but, does anyone know of any Malaysian banks who consider lending to non-residents to buy property or land?

Many thanks
-

Jim Smith

Jul 23rd 2010 12:13 pm

Re: Malaysian banks lend to non-residents??

Quote:

Originally Posted by Meow (Post 8715242)

A long shot but, does anyone know of any Malaysian banks who consider lending to non-residents to buy property or land?

Many thanks
-

Seems it was indeed a long shot!

lss9576

Aug 6th 2010 12:45 pm

Re: Malaysian banks lend to non-residents??

Yes, almost most Malaysian banks will do so provided that you meet the financial requirements, things like sufficient monthly income for mortgage payment. However, the bank only offers up to 70%-80% of the purchasing price. Also, foreigners are only allowed to purchase property with value RM500,000 and above.

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