Malaysia

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Malaysia Premium Visa Programme (PVIP) / Malaysia My Second Home Programme (MM2H)

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PVIP Requirements

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.

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.

Per month income

Fixed Deposit Local

Participate Fee

xxxx

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.

Attractive Features of PVIP

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)

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

Why Malaysia

Malaysia is a diverse and vibrant country located in Southeast Asia.
There are several reasons why Malaysia is considered a good place to live:

Overall, Malaysia offers a great quality of life, rich cultural experiences, and business opportunities, making it a desirable place to live for both locals and foreigners alike.

Malaysia Authorised Agent

Why Choose
MY PR Program Sdn Bhd

Official Appointment Certificate
Official Appointment Certificate
first-conditional-approval-letter
Conditional Approval Letter

MY PVIP Privileges

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

Additionally,
MY PR PROGRAM SDN BHD appointees will also enjoy access to the exclusive privileges provided by our selected panel of partners in Malaysia as below.

Frequently Asked Questions

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.

  1. No age limits;
  2. In the form of approval for up to 20 years with Multiple Entry Visa (MEV) facilities;
  3. Exemption of minimum staying requirement;
  4. Participants are also allowed to work and carry out legal business activities in accordance with the laws of the country;
  5. Permission to study;
  6. Permission to purchase real estate for residential, commercial or industrial purposes;
  7. Conduct active investments in permitted fields; and
  8. Participants can be accompanied by spouses, children, parents and foreign domestic helpers.
  1. Earn an offshore income of RM40,000.00 per month or RM480,000 annually;
  2. Open a fixed deposit account of RM1,000,000 with a licensed bank in Malaysia;
  3. To pay Participation Fees (RM200,000 for Principal and RM100,000 for Dependents); and
  4. All applications are required to be made through an authorized agency appointed by the Immigration Department of Malaysia.
Yes, visa holder can work in any company in Malaysia without applying an extra employment pass, no limitation as long as it obeys Malaysia’s law.
Yes, everyone enjoys same benefits.
Yes, visa holders can study in Malaysia without age limitation and applying an extra student pass.
They could top up RM100k participation fee to become a new Principal if they wished to continue using PVIP visa.
  1. To provide bank statement(s) showing proof of having an offshore income of at least RM 40,000 monthly, or RM 480,000 annually.
  2. To have a fixed deposit account of RM 1,000,000 with no withdrawals allowed on the principal in the first year.
  3. To pay the participation fees of RM 200,000 for the Principal Applicant and RM 100,000 for each dependant upon application submission
  1. Withdrawal of 50% from the fixed deposit after one (1) year is allowed with a letter of recommendation from the Immigration Department for the purpose of real estate investment, medical and educational expenses only.

Cannot, the RM 1 million must be placed as fixed deposit in the bank with no withdrawal allowed for the first year. However, you can withdraw RM 500,000 after a year, it could only be used for medical, education and purchasing real estate purposes. Interest issued by bank are allowed to withdraw for daily use.

All applications MUST go through an appointed PVIP agent registered with IDM.

Yes. Applications can only be process by an appointed PVIP agent who is registered with IDM. A list of appointed authorised agents is published on the IDM website.

Authorised PVIP Application Agencies

Yes. The Immigration Department accepts the Certificate of Good Conduct issued by the Ministry of Foreign Affairs Malaysia for those who have resided in Malaysia for one (1) year and beyond. Kindly contact them via https://www.kln.gov.my/

No, only must provide a letter of good conduct from the country that you are currently residing in.
No, you won't lose your citizenship as this is a visa instead of citizenship application.

Dependant(s) are as follows, and the pass is issued to the person who is related to the Principal Applicant:

  • Spouse(s) of Principal Applicant;
  • Child(ren) below 21 years old (biological / stepchild / legally adopted) of the Principal Applicant;
  • Disabled Child(ren) regardless of age (provision of a letter of confirmation from a medical specialist / general practitioner);
  • Parent(s) and in-law(s) of the Principal Applicant.
Principal PVIP pass holders are allowed to bring in one domestic helper from the country of origin subject to existing foreign domestic helper regulations.
Yes, visa holders allowed to register 100% foreign-owned company in Malaysia.
Yes, visa holders allowed to hire themselves as company director instead of hiring local director.
Company tax rate will range in between 17% - 24%
Income generated outside of Malaysia will not be taxed, as Malaysia had double tax agreement (DTA) with multiple countries to avoid double taxation.