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What is Bank Negara Malaysia FEA (Foreign Exchange Administration) rules – Investment Abroad?

  • A Malaysian resident/corporation with domestic Ringgit credit facilities is allowed to convert Ringgit into foreign currency up to RM1.0 million / RM50.0 million per calendar year for investment in foreign currency assets inside and outside Malaysia (including conversion & remittance of FX for investment)
  • No limit to convert Ringgit into foreign currency for a Malaysian resident/corporation without domestic Ringgit credit facilities
  • No limit for investment in foreign currency assets by Malaysian resident individuals/corporations (even with domestic ringgit borrowing) using their own foreign currency funds placed off-shore or on-shore).

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