PUTRAJAYA: The immigration department is expected to make more than RM5 billion in revenue this year through its various programmes including the Premium Visa Programme (PVIP), says home minister Hamzah Zainudin.
He said as of Nov 9, the collection was RM4.8 billion, which exceeded this year’s target of RM3.5 billion.
“This collection of revenue is generated from the employment levy (and) we expect revenue collection of more than RM5 billion because we have also started the PVIP programme.
“The PVIP campaign is actively carried out abroad to attract foreigners to invest in the country,” he told a press conference after launching a digital pass system (ePASS) at the immigration department’s monthly assembly here.
The PVIP, launched by Hamzah on Sept 1, aims to attract the interest of global tycoons to invest and settle down in Malaysia for a period of 20 years.
The “Residency Through Investment” programme, aims to attract more foreign direct investment (FDI) that will strengthen the economy and increase job opportunities for locals.
On the launch of the ePASS, Hamzah said it involved the issuance of a digital pass for Temporary Work Visit Pass in all sectors.
“The issuance of this ePASS is for the extension period of the existing (one), while the Temporary Work Visit Pass sticker is still used for the issuance of the first pass,” he added.
He said the issuance of the ePASS is made in two forms, namely PDF as uploaded by users of digital devices, and the physical form to be printed and attached together with the passport.
“The verification of the ePASS can be done through the immigration department’s portal by scanning the QR code on the ePASS,” he said, adding that the application for the ePASS application is through the immigration department’s official portal.
Hamzah said a total of 57,167 ePASSes have been issued since the service was offered on Sept 6.
Source from – https://www.freemalaysiatoday.com/category/nation/2022/11/11/immigration-expecting-over-rm5-billion-revenue-for-2022/