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Quick Guide on Foreign Exchange Policy

Investment by Non-Resident in Ringgit Asset

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:

  1. Ringgit-denominated securities or Islamic securities issued in Malaysia by a Resident;
  2. Ringgit-denominated securities or Islamic securities issued by a Non-Resident as approved in writing by Bank Negara Malaysia;
  3. Ringgit-denominated Financial Instrument or Islamic Financial Instrument as approved in writing by Bank Negara Malaysia;
  4. Ringgit deposit with a Financial Institution in Malaysia including deposit-like instrument with only Ringgit delivery at the inception and maturity; or
  5. any property in Malaysia 
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