Why buy property in Malaysia?
The improved investment environment in Malaysia has attracted the attention of domestic and foreign investors. The government has introduced a series of reform measures to provide a convenient business environment and measures to attract foreign investors. In addition, Malaysia's government is actively promoting digital transformation, which brings more opportunities for investment in innovation and technology-related fields.
Politics
Politically, the Malaysian government is committed to maintaining political stability and providing support and protection to foreign investors. The country's relatively stable political environment provides investors with a reliable and predictable investment environment.
Investment Environment
In terms of investment climate, Malaysia ranks 12th in the World Bank's Ease of Doing Business Index (2020 data). The index assesses the business environment in 190 economies, which includes indicators such as business environment, registering companies, getting loans, paying taxes and trading across borders. This shows that Malaysia has made remarkable progress in providing a convenient business environment.
Economic structure
Malaysia has a diversified industrial structure, including manufacturing, tourism, financial services and agriculture. According to the International Monetary Fund (IMF), Malaysia's manufacturing industry accounts for about 23% of GDP, and tourism contributes about 11% to GDP (2020 data). This diversified economic structure offers investors the possibility to seek opportunities in different industries and fields.
Tourism
Malaysia has also achieved notable success in tourism. According to data from Tourism Malaysia, Malaysia received more than 26 million tourists in 2019, and the contribution rate of tourism to GDP is about 15.9%. With its magnificent natural landscape, rich cultural heritage and modern tourist facilities, Malaysia attracts tourists from all over the world.
Foreign exchange openness
Malaysia's foreign exchange openness is also very high. According to the World Bank, Malaysia scored 8.0 in the capital and financial account openness index (2020 data, 0 being the most open and 10 being the most closed). This shows that Malaysia is open to foreign investment and capital inflows, and provides a mechanism for the free transfer of funds and profits. This highly open foreign exchange environment provides investors with greater flexibility and convenience.
Appreciation space
According to the International Monetary Fund (IMF), Malaysia's real GDP growth rate has remained stable over the past few years and is expected to continue growing in the future. In addition, Malaysia's real estate market also shows a steady growth trend. According to the National Property Information Center Malaysia (NAPIC), property prices have maintained growth in many cities, and rental yields are also relatively high, offering investors potential appreciation and rental yields.