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Forest City Calling Top Talent
Malaysia’s Forest City is rolling out big incentives to attract top talent and investors.
The new Forest City Special Financial Zone (FC-SFZ) in Johor, Malaysia, offers a 15% income tax rate and streamlined visa policies. Especially attractive for skilled professionals, especially in high-demand fields like technology, finance, and services.
This low tax rate makes Johor highly competitive compared to nearby hubs in Singapore, Thailand, and Indonesia, according to Iskandar Investment’s CEO, Datuk Idzham Mohd Hashim.
The incentives aim to transform Johor’s economic landscape by drawing in both local and international talent, with long-term visas making relocation easier.
This setup is expected to streamline hiring for companies, enhancing the local workforce with foreign expertise.
For investors, Johor’s tax benefits and advanced infrastructure make areas like Medini attractive locations for regional headquarters, fostering growth in sectors like digital technology and financial services.
Forest City’s location near Singapore strengthens its appeal, providing businesses with a strategic base for regional expansion.
As more multinational corporations and startups look to Johor, officials see Forest City evolving into a hub for innovation, creativity, and job creation, advancing Malaysia’s position in the ASEAN economy.
The multiple-entry visas add flexibility for foreign professionals, encouraging cross-border business activities and reducing red tape.