A non-resident investor is free to:

• undertake any type of investment in ringgit asset or foreign currency (FC) asset in Malaysia (direct or portfolio investment) without any restriction;
• open ringgit or FC accounts (FCA) with licensed onshore banks in Malaysia. This ringgit account shall be called "External Account," and funds can be freely transferred in and out of them, subject to the licensed onshore bank's standard due diligence process and compliance to relevant FEP requirements; and
• repatriate divestment proceeds, profits, dividends or any income arising from the investments in Malaysia. Repatriation shall be made in FC.

A non-resident investor also has the flexibility to hedge FX exposure arising from their investments in Malaysia either via a licensed onshore bank or an Appointed Overseas Office (AOO). Further details on this are covered in FX Transaction and Interest Rate Hedging.