There are many economic and political reasons why Malaysia offers so much promise as a strong emerging market today. Located in the heart of Asia, Malaysia is a country of many cultures and attractions and is boasting some of the best beaches and diving spots in the world. Formerly a British Colony, the island has a familiar feel for UK visitors, with the English language almost universally spoken and understood and the property laws and banking systems based on the UK model.
Foreign investors do not pay VAT or other taxes levied upon purchase and there is no property gain tax from April 2007. In addition, Malaysia is one of the fastest growing economies in the region. Economic growth is forecast at 7% compound annual rate to 2010.
