Malaysia Premium Visa Program (PVIP)
The Malaysia Premium Visa Program (PVIP) offers high-net-worth individuals a 20-year renewable residency with no minimum stay requirements. Requiring monthly offshore income of RM40,000, applicants pay a RM200,000 fee plus RM1,000,000 fixed deposit. PVIP holders can work, study, conduct business, and acquire property in Malaysia, with benefits extending to family members. The application process takes 3-4 months, making it an efficient pathway to Malaysian residency for international investors.
Malaysia Premium Visa Program (PVIP) Benefits
Residency and Family Inclusion
- 20-year residence permit in Malaysia with multiple entries, renewable every 20 years
- No age restrictions for main applicant
(Includes spouse, children under 21, parents, in-laws, and domestic staff as dependents) - No physical residency requirements in Malaysia
Travel and Quality of Life
- Freedom to enter and exit Malaysia without restrictions
- Similar privileges to Malaysian citizens
- Rights to work, study, conduct business, and invest
- Ability to purchase property (subject to state laws)
Ease of Access
- Simple documentation (income verification letter and police clearance)
- Option to withdraw 50% of fixed deposit after one year for property, education, or healthcare
- Relatively quick processing time of 3-4 months
Malaysia Premium Visa Program Requirements
- Applicant must provide offshore income proof: RM 40,000 (per month) or RM 480,000 (annually)
- Applicant must provide income confirmation letter
- Police clearance certificate required for main applicant, spouse and children above 18 yrs old
- Government Participation Fee: RM 200,000 (main applicant); RM 100,000 (each dependent)
- Fixed Deposit account with a licensed bank in Malaysia: RM 1,000,000
- 50% withdrawal of Fixed Deposit after one year based on property purchase, medical expenses or children’s education
Malaysia PVIP Process
PVIP Processing Time : 3-4 Months
Due Diligence And Application
- Collect required documents for a preliminary assessment
- Send the original documents and proceed with submission of the PVIP application
Approval And Investment
Upon approval, applicant to arrive in Malaysia to open bank account, perform medical check-up, purchase health insurance
Residency
- PVIP visa endorsement
- Processing time is approximately 3 -4 months to obtain PVIP visa approval
Contact us
With over 30 years of immigration experience, each of Harvey Law Group’s lawyers carefully studies each client’s needs, resources and determines the immigration solution that best aligns with our client’s vision and values.
Frequently Asked Questions
How long is the Malaysia Premium Visa valid for?
The PVIP grants a 20-year residence permit with multiple entries, renewable every 20 years.
Are there age restrictions for applicants?
No, there are no age restrictions for the main applicant.
Can I include my family members in my PVIP application?
Yes, you can include your spouse, children under 21, parents, in-laws, and domestic staff as dependents.
Do I need to live in Malaysia to maintain the visa?
No, PVIP holders are not required to physically reside in Malaysia and are exempt from minimum stay requirements.
What privileges do PVIP holders have in Malaysia?
PVIP holders enjoy similar privileges as Malaysian citizens and are entitled to work, study, conduct business, invest, and acquire real estate (subject to applicable state laws).
What are the financial requirements for the PVIP?
Applicants must provide proof of foreign income of at least RM 40,000 per month or RM 480,000 per year.
What fees are associated with the PVIP?
The government program fee is RM 200,000 for the main applicant and RM 100,000 per dependent. Additionally, applicants must place RM 1,000,000 in a fixed deposit with an authorized Malaysian bank.
Can I withdraw from the fixed deposit?
Yes, you can withdraw up to 50% of the fixed deposit after one year for property purchases, medical expenses, or children’s education.
What documents are required for the PVIP application?
Required documents for the PVIP include proof of income, a letter confirming your income, and police clearance certificates for the main applicant, spouse, and children over 18.