Details
PVIP Malaysia is a long-term residency visa that enables investors, entrepreneurs, and foreign talents to live and work or study in Malaysia for up to 20 years.
Benefits Of PVIP
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No Age Limits
In the form of approval for up to 20 years with Multiple Entry Visa (MEV) facilities
Exemption of minimum staying requirement
Participants are also allowed to work and carry out legal business activities in accordance with the laws of the country
Permission to study
Permission to purchase real estate for residential, commercial or industrial purposes
Conduct active investments in permitted fields
Participants can be accompanied by spouses, children, parents and foreign domestic helpers
Application requirements (Main applicant) Before Applying
Salary Slip : Income exceeding 40,000 Malaysian Ringgit per month or proof of annual income of 480,000 Ringgit.
Company Verification : Letter of company verification
Bank Statement : Latest three months bank statement to proof of the monthly offshore income.
Certificate : Good Citizen Certificate
Documents required after application (Main applicant) After Applying
- Fixed Deposit : Fixed deposit of 1 million Malaysian Ringgit in a Malaysian bank (50% can be withdrawn for the purchase of property, education, medical, etc., after one year of visa issuance)
- Medical History : Medical Check-up report
- Insurance : Have at least one year of medical insurance in Malaysia
Application Process
- Submit Passport Biodata Page
- Nomination Fee for Immigration + Agent Processing Fee (1st 50%) : RM20,000.00 (Not refundable)
- Document : Prepare all the required documents and provide them to us
- Submit the application
- Review : Immigration department will review
- Obtain Pre-Approval Letter
- Processing fees for Immigration + Agent Processing Fee (2nd 50%) : Once approved, pay RM180,000.00 to Immigration
- Visit to Malaysia
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- Medical Check Up
- Place FD
- Purhcase Health Insurance
- Submit the required post-approval documents
- Obtain visa endorsement : Pay security bond, pass fee and visa fee
Immigration Application Fee
Principle
- Application fee of 200,000 Malaysia Ringgit.
- Visa Fee is 2,000 Malaysia Ringgit per year.
Dependent
- Application fee of 100,000 Malaysia Ringgit.
- Visa fee is 2,000 Malaysia Ringgit per year per person.
Comparison Between the Premium Visa Programme and My Second Home Visa Programme
COMPARISON BETWEEEIM PVIP AND MM2H
| PVIP | MM2H | ||||
|---|---|---|---|---|---|
| Platinum | Gold | Silver | SEZ & SFZ | ||
| Fixed Deposit | RM 1 Million | USD 1 Million | USD 500,000 | USD 150,000 | a. USD 65,000 (Age 21-49) b. USD 32,000 (Age 50+) |
| A MAXIMUM WITHDRAWAL OF 50% IS ALLOWED AFTER APPROVAL FOR PURPOSES SUCH AS PURCHASING HOUSE, EDUCATION, HEALTH AND TOURISM ACTIVITIES IN MALAYSIA | |||||
| Participation Fees | RM200R00 FOR PRINCIPAL RM 100,000 FOR DEPENDENT |
RM200,000 FOR PRINCIPAL | RM3,000 for Principal | RM1,000 for Principal | RM1,000 for Principal |
| House Purchase | Allowed | MINIMUM HOUSE VALUE OF RM 2 MILLION OR ABOVE | Minimum house value of RM 1 million or above | Minimum house value of RM 600k or above | Property price set by state within Malaysia |
| Pass Period | 20 Years (5+5+5+5) | 20 Years (5+5+5+5) | 15 Years (5+5+5) | 5 Years | 10 Years (5+5) |
| Income Proof (Monthly) | RM 40,000 | Not required | |||
| Age Category | All Ages | 25 Years old and above | 21 Years old and above | ||
| Yearly Compliance | N/A | 90 days per year | |||
| Business Activities/Investment | Allowed | Allowed | NOT ALLOWED | ||
| Employment Opportunities | Allowed | Allowed | NOT ALLOWED | ||
| Pass Renewal Fees | RM 2,000/Year | RM 5,000 | RM 3,000 | RM 1,500 | RM 300 |
| Health Screening | Yes | HEALTH EXAMINATION AT A CLINIC/HOSPITAL (PANEL CLINIC) APPOINTED BY THE MINISTRY OF TOURISM, ARTS AND CULTURE AFTER REVIVING APPROVAL TO PARTICIPATE IN THE MM2H PROGRAM. | |||
| Dependent | PARTICIPANTS ARE ALLOWED TO BRING THEIR OWN DEPENDENTS CONSISTING OF: i. PARTNER (WIFE/HUSBAND) ii. BIOLOGICAL CHILDREN/STEPCHILDREN/ADOPTED CHILDREN UNDER 21 YEARS OLD. THOSE AGED BETWEEN 21 AND 34 MUST BE UNMARRIED AND NOT WORKING IN MALAYSIA. iii. DISABLED CHILDREN (NO AGE LIMIT) CERTIFIED BY A MEDICAL SPECIALIST. iv. PARENTS AND/OR PARENTS-IN-LAW. v. FOREIGN MAID (ONLY FOR THE PVIP AND MM2H-PLATINUM CATEGORY) |
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| All eligibility requirements and processing times are subject to change by the government of Malaysia. This may only be used as a reference. | |||||
View more about Malaysia Premium Visa Programme (PVIP) on main site