Malaysia's Premium Visa Programme (PVIP)
As of October 1st, 2022, Malaysia invites affluent foreigners to join the Premium Visa Programme (PVIP), a "Residency Through Investment" initiative offering a 20-year stay with an optional 20-year extension.
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PVIP Requirements
Investment
Principal applicants are required to make a local fixed deposit placement of RM 1,000,000 with no withdrawals allowed on the principal value for the first year; while up to a 50% withdrawal from the principal value will be allowed after.
Proof of Foreign Income
Principal applicants are required to provide proof of offshore income of at least RM 40,000 a month or RM 480,000 a year.
Letter of Good Conduct
Seize the opportunity to collaborate in the Asia-Pacific region, opening doors to unparalleled growth and access to a dynamic regional market.
Medical
Applicants and their dependents must submit a medical report from a Malaysian private hospital or registered clinic, along with evidence of valid local medical insurance coverage.
Participation Fee
Principal applicants must pay a one-time participation fee of RM 200,000, while each dependent incurs a one-time fee of RM 100,000.
PVIP Government Fees at a Glance
| Fee | 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 |
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