Comparison Malaysia Property Investment of Labuan Company and Individual Name
Which one suits you? We are glad to provide you the guide to understand which is the better structure to hold your Malaysia property investment between Labuan Company and Individual Name. Good planning will lead to a smart investor!
Labuan Company as an investment holding company to hold your properties does not attract any tax and no audit reporting annually is required. Labuan Company provides flexibility of inheritance of simply transfer shares of the Company which is fast and clean especially for foreigners investing in real estate in foreign lands where complications, long process, and disputes may arise in establishing the distribution to the rightful beneficiary. For some complicated cases, it will take much longer time with possibility leading to freezing of asset during the legal proceeding to unlock the assets.
|Description||Labuan Company||Individual Name|
|The above clearly shown that Labuan International Company offers great flexibility!|
|Ownership Transfer||Simple by way of transfer of shares||The process can be complicated and lengthy thru will or court|
|Bank Financing||Cash purchase||Eligible for a housing loan, subject to banker’s discretion|
|Residency Visa In Malaysia||2 years’ work visa for you and family||Tourist visa or Malaysia My Second Home visa|
|Personal Bank A/C||Yes, for all family members for multiple accounts in RM and foreign currencies||Yes, only purchase can open a bank account upon showing Purchase Agreement|
|Minimum Purchase Price||RM1 million||RM1 million|
|Maintainence Cost of Labuan Company||Yearly about USD2,000||-NA-|
|Able to conduct Business||Yes||Need to set up a company to do business|
With the multiple entry renewable 2 years’ multiple entry work visa, it makes your investment more secured knowingly you can come into Malaysia anytime you want or even stay a longer period as you wish.
Feel free to contact us at firstname.lastname@example.org or call +603-2161 0354 for better advise and provide the best recommendation to suit your personal needs as part of the wealth management. We “simplify the complexities” for your investment in Malaysia!
Send us your enquiry today to find out if Labuan entity suitable to meet your objective. We “simplify the complexities” of your business investment.