Malaysia – Premium Visa Program (PVIP)
Malaysia – Premium Visa Program (PVIP)
Malaysia Premium Visa Programme (PVIP) is a long-term residency visa that enables investors, entrepreneurs, and foreign talents to live, work, or study in Malaysia for up to 20 years with an option to extend for another 20 years. Participants will enjoy the similar rights as a Permanent Resident.
Benefits
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No age limit and residency requirement
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20-year + 20-year visas can be obtained
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Allowed to purchase real estate for residential, commercial or industrial purposes
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Allowed to work, study or carry out legal business
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Application includes spouse, parent(s), in-law(s) and child(ren) and one domestic helper
Requirements
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A fixed deposit placement of RM1,000,000 with a licensed bank in Malaysia
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Proof of offshore income of at least RM40,000 monthly or RM 480,000 annually
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No criminal record(s)
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Provide medical report
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Provide a valid local medical insurance coverage
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Contribute a (one-off) participation fee of RM200,000 for main applicant and RM100,000 for each dependent to the government
Procedure
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Retain Anlex to assess your application and arrange the meeting with the government authorized PVIP Agent
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Prepare the PVIP application and pay all required fees
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Submit the formal application
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Receive Approve-in-principal
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Complete participation fees payment, and open bank account for fixed deposit, undergo medical examination and purchase medical insurance in Malaysia
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Collect the Official PVIP approval and visa