The Korean community in Malaysia consist mostly of migrants working in South Korean companies, as well as an increasing number of international students. The number of retirees coming under the Malaysia My Second Home immigration programme has also been increasing. Most Korean residents are concentrated in Kuala Lumpur and Selangor, especially in Ampang, where a Koreatown is beginning to sprout. The popularity of Korean dramas in Malaysia has meant an increasingly friendly reception for Korean migrants by local people. Real estate investment is another factor drawing Koreans to migrate to Malaysia, due to the taxes imposed on people who own more than two properties in Korea; Malaysia is the second most popular market for overseas real estate investment by Koreans, after the United States.
