Investment by Non-Resident in Ringgit Asset1 in Malaysia
- Free to invest in any form of Ringgit assets in Malaysia; and
- Free to repatriate divestment proceeds, profits, dividends or any income arising from investments in Malaysia, provided it is in foreign currency.
1 Ringgit Asset refers to:
- Ringgit-denominated securities or Islamic securities issued in Malaysia by a Resident;
- Ringgit-denominated securities or Islamic securities issued by a Non-Resident as approved in writing by Bank Negara Malaysia;
- Ringgit-denominated Financial Instrument or Islamic Financial Instrument as approved in writing by Bank Negara Malaysia;
- Ringgit deposit with a Financial Institution in Malaysia including deposit-like instrument with only Ringgit delivery at the inception and maturity; or
- any property in Malaysia