Investing in Malaysia
A non-resident investor is free to –
- undertake any type of investment in ringgit asset or foreign currency (FC) asset in Malaysia (direct or portfolio investment) without any restriction;
- open a ringgit account or FC account (FCA) with a licensed onshore bank. Funds are free to be remitted into and out of such accounts, subject to normal due diligence process by the licensed onshore bank; and
- repatriate divestment proceeds, profits, dividends or any income arising from the investments in Malaysia. Repatriation shall be made in FC.
A non-resident investor also has the flexibility to hedge FX exposure arising from their investments in Malaysia either via a licensed onshore bank or an Appointed Overseas Office (AOO). Further details on AOO is covered in Buying and Selling of FX section below.
Further Information
