Depending on where you currently live, the house prices in your country might seem somewhat unattainable. Or, they represent terrible value for money, forcing you to spend far too much money to afford a home that simply isn’t worth it. As such, you weigh up your options and consider what you can do to make it easier to buy a home. Amongst the many things on your mind, have you thought about moving to a foreign country?
Leaving your home country and living somewhere else comes with a series of pros and cons. It moves you away from your family, but you may benefit from a better life in this new place. When it comes to owning your first home, you may also see some advantages to living in a different country. One of these advantages comes in the form of affordable housing schemes. In essence, these are schemes created by the country’s government to make housing more affordable for residents.
Many countries have these, but Malaysia is one of the best cases to look at. Below, you’ll find an infographic by PropertyGuru that showcases all of the Malaysian affordable housing schemes. You can see the qualifying criteria for each of them, as well as some information on how much the houses might cost you. After a bit of currency conversion, you may find that it will be far more affordable to become a permanent resident in this country than to buy a house in your current one. The same may be true of other countries around the world, but here’s the Malaysian infographic for you to study in more detail:
Infographic designed by: PropertyGuru
Milo Senalle
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