What happen to my property and housing loan after I renounce my Malaysian citizenship?

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asked on Apr 29, 2017 at 02:19
edited on May 8, 2017 at 03:56
I will need to renounce soon as Malaysian, and I still have a property which under loan. What can I do now as I cannot transfer yet because still under loan.
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answered on Oct 29, 2017 at 00:05
 I cannot transfer yet because still under loan.
Settle the loan before renouncing.
After renouncing, this property is foreign ownership. Have to pay higher taxes during sale or transfer.
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