Malaysia’s Premium Visa Programme (PVIP)

Starting from October 1st, 2022, Malaysia welcomes applications from affluent foreigners to participate in the Premium Visa Programme (PVIP), a “Residency Through Investment” concept that allows foreigners to invest and reside in Malaysia for 20 years, with an option to extend for another 20 years thereafter.

PVIP Requirements

Advantages of PVIP over MM2H

Criteria Premium Visa Programme (PVIP) Malaysia My Second Home (MM2H)
Applicant age No age requirement 35 and above
Foreign income proof RM40,000 (monthly) or RM480,000 (annually) RM40,000 (monthly)
Liquid asset proof Not applicable RM 1.5 million
Investment (fixed deposit in Malaysia) RM 1 million RM 1 million
Minimum stay in Malaysia Not applicable 90 days
Eligible to conduct business, seek employment and enroll in education Applicable Not applicable
Property investment In accordance with state government requirements on foreigner minimum purchase price
Duration 20 years (renewable for another 20 years) 5 years (renewable)

Comparison in between PVIP and MM2H

*Please refer to the MM2H

CRITERIA PREMIUM VISA PROGRAMME (PVIP) MY SECOND HOME (MM2H)
Application Age No age requirement 25 and above SEZ Category: 21 and above
Foreign Income Proof RM 40,000 (monthly) or RM 480,000 (annually) Not applicable
Fixed Deposit Placement (in Malaysia) Mandatory with minimum RM 1,000,000 Mandatory with a minimum Fixed Deposit amount*
Property Purchase (in Malaysia) Not mandatory Mandatory with a minimum purchase price*
Annual Minimum Stay Not applicable At least 90 days a year
Business, Investment and Employment Applicable Only applicable to platinum category
Foreign Maid Hiring Applicable Only applicable to platinum category
Education Applicable Applicable
Healthcare Applicable Applicable
Visa Duration 20 years (renewable for another 20 years) 5 years to 20 years (renewable)*

Application Process

Required Document

ITEMS
Copy of passport All applicant Biodata page and all exit and entry stamped page
White background passport size photo All applicant Photo size : 35x50mm
Letter of Good Conduct All applicant Issued by country of origin or current country of residence
Marriage certificate (For legal spouse) Main applicant Translated, Notarised and Certified True Copy (CTC)
by the Malaysian Embassy / High Commission / Consulate General
Birth certificate (Biological / stepchild / legally adopted) All children Translated, Notarised and Certified True Copy (CTC)
by the Malaysian Embassy / High Commission / Consulate General
Bank statement to prove offshore income
*Income above RM 40,000 (monthly) or RM 480,000 (annually)
Main applicant Certified by Bank
Source of income proof Main applicant Certified by respective company

PVIP Government Fee at a Glance

Main Applicant Each Dependents
Participation Fee RM 200,000 RM 100,000
Pass Fee (Per Year) RM 2,000 RM 2,000
Multiple Entry Visa Fee (Per Year) Based on existing rates by country Based on existing rates by country
Security Bond Based on existing rates by country RM 10

Required Documents

  • Copy of passport (biodata page and current pass including the cover);
  • Copy of marriage certificate (for legal spouse) translated into English (if applicable) and attested / Certified True Copy (CTC) by the respective Embassy / High Commission / Consulate General or Consulate General in Malaysia;
  • Copy of Birth Certificate (biological / stepchild / legally adopted) translated into English (if applicable) and attested / Certified True Copy (CTC) by the respective Embassy / High Commission/ Consulate General or Consulate General in Malaysia;
  • Bank statements to prove offshore income
  • Letter of good conduct from residing country
  • And other miscellaneous documents

MY PVIP Privileges

Applicants appointing MY PR PROGRAM SDN BHD directly or through our business associates as their PVIP Processing Agent will enjoy:

Personalised service by a dedicated PVIP Consultant backed by a team who are available to advise and assist with your application every step of the way to ensure the best chance of success.