You might be surprised to know how many people from Western countries buy
apartments in Malaysia. Why would someone from the West be interested in buying
a Malaysia apartment? Let's briefly look at the benefits involved.
Malaysia has a fast growing economy. It is also politically a stable country.
This, combined with the fact that apartments in this country are on the whole
still much cheaper than in many Western countries, make an investment in real
estate in this country a very good long term investment. The growing economy and
increasing demand from Westerners for this type of property will ensure that you
have a very healthy growth rate on your investment.
Another reason that makes property investment in Malaysia attractive is a
program run by the Malaysian Government called 'Malaysia my second home'. This
allows a foreigner that meets certain criteria in terms of income and wealth to
spend six months a year in the country without having to apply for citizenship.
What happens therefore is that people invest in a retirement property in
Malaysia and then live there for six months of the year.
This bring us to a further reason why Malaysian property is so popular: the
lovely tropical weather. Combined with the 'my second home' program, it allows a
citizen of Europe or America to escape the terrible winters in their own country
and rather spend those six months basking under a tropical sun on pristine white
Something that one can never measure in monetary terms, but which makes an
investment in Malaysian property worth your while, is the incredible
friendliness and hospitality of the people. If you retire in Malaysia for six
months of the year, you will quickly make so many new friends that you will no
doubt wish you could stay there permanently.
apartment is therefore not only an excellent investment in terms of money,
but also in terms of lifestyle - something that goes far beyond what money can
buy. Check out the site for more apartment and condo listings.