Malaysia’s Premium Visa Programme (PVIP)

As of October 1st, 2022, Malaysia extends a warm invitation to affluent foreigners interested in the Premium Visa Programme (PVIP), offering a "Residency Through Investment" opportunity. This program enables foreigners to invest and reside in Malaysia for 20 years, with the possibility of extending for an additional 20 years thereafter.

Investment

Principal applicants must place a local fixed deposit of RM 1,000,000 with no withdrawals permitted on the principal value for the initial year. Subsequently, up to a 50% withdrawal from the principal value will be allowed.

Proof of Foreign Income

Principal applicants must furnish evidence of offshore income amounting to at least RM 40,000 per month or RM 480,000 annually.

Letter of Good Conduct

Principal applicants must furnish a Letter of Good Conduct issued by the authorities of the country in which they currently reside.

Medical

All applicants and their dependents must submit a medical report from any private hospital or registered clinic in Malaysia, along with proof of valid local medical insurance coverage.

Participation Fee

Principal applicants must pay a one-time participation fee of RM 200,000, while a one-time participation fee of RM 100,000 will be charged for each dependent.

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)

Application Process

Appointment

The principal applicant is required to attend an engagement meeting (either in-person or virtual) and appoint Profound Radiance as the PVIP processing agent.

Pre-Screen

The principal applicant is to prepare the necessary documents and submit them to Profound Radiance for pre-screening.

Payment

The principal applicant is responsible for submitting the payment for the PVIP Agent processing fee to Profound Radiance

Submission

The PVIP agent will proceed to formally submit the application to IDM for approval, with an estimated duration of 60 working days to obtain conditional approval.

Approval

The principal applicant is required to remit the participation fee(s) and must travel to Malaysia to submit the supplementary documents, including:

1.Evidence of a Fixed Deposit of RM 1,000,000
2. Medical Check-Up Report
3. Proof of Malaysian Medical Insurance

Collection

The principal applicant is tasked with presenting a valid passport for the collection of the PVIP visa.

Required Document

ITEMS
Copy of passport	All applicant	Biodata page and all exit and entry stamped page
White background passport size photo	All applicant	Photo size : 35x50mm
Letter of Good Conduct	All applicant	Issued by country of origin or current country of residence
Marriage certificate (For legal spouse)	Main applicant	Translated, Notarised and Certified True Copy (CTC) by the Malaysian Embassy / High Commission / Consulate General
Birth certificate (Biological / stepchild / legally adopted)	All children	Translated, Notarised and Certified True Copy (CTC) by the Malaysian Embassy / High Commission / Consulate General
Bank statement to prove offshore income *Income above RM 40,000 (monthly) or RM 480,000 (annually)	Main applicant	Certified by Bank
Source of income proof	Main applicant	Certified by respective company

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