Malaysia, a Top Destination for US Investments
Updated on Thursday 05th April 2018
The president of the American Malaysian Chamber of Commerce, Ramzi Toubassy, talked about the collaboration between the two countries and how Malaysia remains an attractive destination for investors from the United States. As an example, the total volume of exports from Malaysia to the United States increased by 22 percent during January 2016 – January 2017. Likewise, US imports into Malaysia grew by more than 11 percent during the same timeframe.
Among other advantages pointed out by the President of the American Malaysia Chamber of Commerce we include the high standard of living. He even compared life in Malaysia to that in Singapore, Hong Kong, South Korea or Japan which are all countries where the standard of life may be very high but so are the costs of living. Another interesting characteristic highlighted in his speech was that US companies that have an office and foreign staff in Malaysia can benefit from the unique cultural blend that includes Indian and Chinese communities.
The direct result of Malaysia’s attractiveness is a large number of regional hubs. Malaysia as much to offer and will continue to progress in the future, in the President’s opinion.
Foreign investments are encouraged by the Malaysian Government, with a small number of restrictions in selected business fields.
Foreign trade is facilitated by a large number of double tax treaties between Malaysia and a number of countries worldwide, including the United States.
Foreign investors from the United States or form other destinations willing to know more about the policies for foreign investments and trade can contact the experts at our law firm in Malaysia.
In a recent statement, the President of the American Malaysian Chamber of Commerce highlighted the fact that Malaysia remains an inviting investment destination for US companies. The advantages are related both to the business ecosystem in Malaysia but also the cultural diversity and expansion that is possible in Kuala Lumpur, especially for United States companies. Our team of lawyers in Malaysia can assist all US investors in the country with detailed information about the foreign investment laws.
American investments in Malaysia
The president of the American Malaysian Chamber of Commerce, Ramzi Toubassy, talked about the collaboration between the two countries and how Malaysia remains an attractive destination for investors from the United States. As an example, the total volume of exports from Malaysia to the United States increased by 22 percent during January 2016 – January 2017. Likewise, US imports into Malaysia grew by more than 11 percent during the same timeframe.
Among other advantages pointed out by the President of the American Malaysia Chamber of Commerce we include the high standard of living. He even compared life in Malaysia to that in Singapore, Hong Kong, South Korea or Japan which are all countries where the standard of life may be very high but so are the costs of living. Another interesting characteristic highlighted in his speech was that US companies that have an office and foreign staff in Malaysia can benefit from the unique cultural blend that includes Indian and Chinese communities.
The direct result of Malaysia’s attractiveness is a large number of regional hubs. Malaysia as much to offer and will continue to progress in the future, in the President’s opinion.
Foreign investments in Malaysia
Foreign investments are encouraged by the Malaysian Government, with a small number of restrictions in selected business fields.
Foreign trade is facilitated by a large number of double tax treaties between Malaysia and a number of countries worldwide, including the United States.
Foreign investors from the United States or form other destinations willing to know more about the policies for foreign investments and trade can contact the experts at our law firm in Malaysia.