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Immigrant Visa & HR - Malaysia

Question

Q&A on Malaysia Premium Visa Investor Programme (PVIP)

Answer
Q: What is the duration for PVIP visa?
A: The visa term for PVIP is 20 years, with an option to renew every 20 years.

Q: Who can apply for PVIP?
A: PVIP applicants can be of any age, as long as they have a minimum offshore income of RM40,000 per month or RM480,000 per year, and can provide a letter of good conduct confirming that they do not have a criminal record in their country of residence.

Q: What are the post approval requirements for PVIP application?
A: The PVIP applicants are required to open a fixed deposit account of RM1 million with a licensed bank in Malaysia, pass a medical check up and purchase health insurance (for applicants below 60 years old).

Q: Can PVIP applicants bring along their dependants to Malaysia?
A: Yes, PVIP applicants can be accompanied by spouse, unmarried children below the age of 21, parents and parents-in-law.

Q: Can PVIP applicants bring a domestic helper to Malaysia?
A: Yes, PVIP applicants are permitted to bring in one domestic helper with them.

Q:
Is there any minimum stay required in Malaysia per year?
A:
PVIP applicants are not required to meet any minimum stay criteria.

Q:
What are the other benefits that a PVIP holder can enjoy?
A:
A PVIP visa holder is allowed to work, invest, conduct business, study and purchase property in Malaysia, allowing for greater integration and participation in the country’s economy and community.

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