PVIP (Malaysia Premium Visa)
Introducing the PVIP (Malaysia Premium Visa) – Embark into 20 YEARS of "Residency Through Investment," granting foreigners the freedom to reside, work, thrive in business, and pursue education in Malaysia, all with the option to renew every 20 years.
Malaysia’s Premium Visa Programme (PVIP)
Beginning on October 1st, 2022, wealthy foreigners are invited to apply for Malaysia’s Premium Visa Programme (PVIP), a “Residency Through Investment” initiative that permits foreigners to invest and live in Malaysia for 20 years, with the possibility of extending for an additional 20 years.
Attractive Features of PVIP
The principal applicant is not subject to any age restrictions.
PVIP participants are not required to meet any physical presence or minimum stay criteria.
PVIP participants enjoy privileges as Malaysian citizens, allowing them to work, conduct businesses, pursue education, invest, and purchase properties (within state laws).
The PVIP provides a 20-year approval, with the option to renew every 20 years.
PVIP participants have the privilege to bring their dependents, including spouses, children, parents, parents-in-law, and a domestic helper, in accordance with the immigration regulating laws.
PVIP REQUIREMENTS
A “Residency Through Investment” concept that allows foreigners to invest and reside in Malaysia for 20 years, with an option to extend for another 20 years thereafter.
RM40,000
PER MONTH INCOME
RM1 million
FIXED DEPOSIT LOCAL
RM200,000
PARTICIPATE FEE
Government Fees
PRINCIPAL PARTICIPATION FEE | MYR 200,000 (One-Off) |
DEPENDANT PARTICIPATION FEE | MYR 100,000 (One-Off) |
PASS FEE | MYR 2,000 (Per Year) |
VISA FEE | Based On Existing Rates By Country* (Per Year) |
SECURITY BOND | Based On Existing Rates By Country* (One-Off) |
COMPARISON
Advantages of PVIP compared to MM2H
CRITERIA | PREMIUM VISA PROGRAMME | MALAYSIA MY SECOND HOME (MM2H) |
Applicant age | No age requirement | 35 years old and above |
Foreign income proof | RM 40,000 (monthly or RM 480,000 (annually) | RM 40,000 (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) |
Advantages of PVIP compared to Thailand VISAS
CRITERIA | PREMIUM VISA PROGRAMME | THAILAND LONG-TERM RESIDENT VISA | THAILAND ELITE RESIDENCE PROGRAMME |
Applicant age | No age requirement | ||
Foreign income proof | RM 40,000 (monthly or RM 480,000 (annually) | At least $80,000 in the past two years. | At least $80,000 USD (yearly) |
Liquid asset proof | Not applicable | $1 million USD | |
Investment (fixed deposit in Malaysia) | RM 1 million | $0.25-$0.5 million USD | At least $0.5 million USD |
Minimum stay in Malaysia | Not applicable | ||
Eligible to conduct business, seek employment and enroll in education | Applicable | Applicable for employment | |
Property investment | In accordance with state government requirements on foreigner minimum purchase price | ||
Duration | 20 years (renewable for another 20 years) | 10-years (Renewable divide into two 5-year terms) | 5-20 years (Renewable every 5 years) |
Advantages of PVIP compared to Singapore VISAS
CRITERIA | PREMIUM VISA PROGRAMME | SINGAPORE ONE-PASS | SINGAPORE GLOBAL INVESTOR PROGRAM |
Applicant age | No age requirement | (Not stated) | Not applicable |
Foreign income proof | RM 40,000 (monthly or RM 480,000 (annually) | min of S$30,000 (monthly) | Not applicable |
Liquid asset proof | Not applicable | ||
Investment (fixed deposit in Malaysia) | RM 1 million | - | $10 million SGD |
Minimum stay in Malaysia | Not applicable | 1 years in Singapore | Not stated |
Eligible to conduct business, seek employment and enroll in education | Applicable | Except education | Applicants should currently be running a company with an annual turnover of at least S$200 - S$500 million |
Property investment | In accordance with state government requirements on foreigner minimum purchase price | ||
Duration | 20 years (renewable for another 20 years) | 5 years (renewable after 5 years) | 5 years |
Government Fees
Advantages of PVIP compared to MM2H
CRITERIA | PREMIUM VISA PROGRAMME | MALAYSIA MY SECOND HOME (MM2H) |
---|---|---|
Applicant age | No age requirement | 35 years old and above |
Foreign income proof | RM 40,000 (monthly or RM 480,000 (annually) | RM 40,000 (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) |
COMPARISON
Advantages of PVIP compared to Thailand VISAS
CRITERIA | PREMIUM VISA PROGRAMME | THAILAND LONG-TERM RESIDENT VISA | THAILAND ELITE RESIDENCE PROGRAMME |
---|---|---|---|
Applicant age | No age requirement | ||
Foreign income proof | RM 40,000 (monthly or RM 480,000 (annually) | At least $80,000 in the past two years. | At least $80,000 USD (yearly) |
Liquid asset proof | Not applicable | $1 million USD | |
Investment (fixed deposit in Malaysia) | RM 1 million | $0.25-$0.5 million USD | At least $0.5 million USD |
Minimum stay in Malaysia | Not applicable | ||
Eligible to conduct business, seek employment and enroll in education | Applicable | Applicable for employment | |
Property investment | In accordance with state government requirements on foreigner minimum purchase price | ||
Duration | 20 years (renewable for another 20 years) | 10-years (Renewable divide into two 5-year terms) | 5-20 years (Renewable every 5 years) |
Advantages of PVIP compared to Singapore VISAS
CRITERIA | PREMIUM VISA PROGRAMME | SINGAPORE ONE-PASS | SINGAPORE GLOBAL INVESTOR PROGRAM |
---|---|---|---|
Applicant age | No age requirement | (Not stated) | Not applicable |
Foreign income proof | RM 40,000 (monthly or RM 480,000 (annually) | min of S$30,000 (monthly) | Not applicable |
Liquid asset proof | Not applicable | ||
Investment (fixed deposit in Malaysia) | RM 1 million | - | $10 million SGD |
Minimum stay in Malaysia | Not applicable | 1 years in Singapore | Not stated |
Eligible to conduct business, seek employment and enroll in education | Applicable | Except education | Applicants should currently be running a company with an annual turnover of at least S$200 - S$500 million |
Property investment | In accordance with state government requirements on foreigner minimum purchase price | ||
Duration | 20 years (renewable for another 20 years) | 5 years (renewable after 5 years) | 5 years |
What makes Malaysia an attractive choice?
Malaysia is a desirable destination due to its diverse culture, stunning natural surroundings, stable economy, low cost of living, excellent standard of living, world-class cuisine, and friendly people. Malaysia provides travellers, expats, investors, and enterprises in Southeast Asia with a singular and rewarding experience because of its beautiful landscapes, flourishing economy, affordable prices, well-developed infrastructure, and hospitable natives.
Economic Stability
Malaysia's economy is strong and stable, providing an ideal environment for investment and enterprise. Its many industries, which include technology, manufacturing, and finance, offer lots of chances for development and success.
Cultural Diversity
Malaysia is well known for its diverse and harmoniously coexisting ethnic and religious history. This multicultural setting offers a distinctive and lively experience that enables people to fully immerse themselves in a variety of customs, foods, and celebrations.
High Quality of Life
High-quality educational institutions, state-of-the-art healthcare facilities, and a contemporary infrastructure are all available in Malaysia. People can lead balanced and satisfying lives in both busy cities and tranquil settings.
Strategic Location
Malaysia's central location in Southeast Asia makes it an ideal starting point for exploring the region's burgeoning markets and commercial prospects. Travel both domestically and internationally is made easier by its well-connected transportation network.
Business Opportunities
For both domestic and international business owners, Malaysia offers a plethora of business prospects. With its advantageous location, advanced infrastructure, and friendly business climate, Malaysia provides a favourable business environment for SMEs, startups, and global firms. With favourable tax incentives, extensive industry assistance, and a government committed to luring investments, Malaysia is a desirable destination for anyone wishing to start or grow a business.
Natural Beauty and Climate
Malaysia is fortunate to have a tropical climate and breathtaking natural beauty, which draw tourists and people looking for a cosy and comfortable place to live. Malaysia provides an idyllic setting for outdoor recreation and ecotourism, with its lush jungles and immaculate beaches and crystal-clear waterways brimming with exotic flora and fauna. It is the perfect location for anyone looking for a tropical vacation or a place to call home because of its year-round tropical climate, which guarantees comfortable temperatures.
Certificate of Official Appointment
Malaysia Authorized Agent
What Set Us Apart
Profound Radiance Sdn Bhd holds the distinction of being an Appointed Government Agency for the Malaysia Premium Visa (PVIP) program.
Extensive Expertise
Boasting a collective experience of 30 years in the Malaysian Immigration Field, our Principal and Director ensure a seamless and stress-free journey through their in-depth knowledge of the PVIP application process.
Personalized Guidance
Throughout your PVIP application process, our devoted consultant is dedicated to delivering tailored support. Recognizing the uniqueness of each client, we guarantee personalized attention and guidance at every juncture.
Proven Track Record
With a proven track record of successfully aiding over 1200 clients in securing PVIP visas, Profound Radiance has cemented its status as a premier government agency. Our unwavering success has earned us the esteemed position of being the Appointed Government Agency for the Malaysia Premium Visa (PVIP) Program.
Privileges of Appointing Our Firm
The following exclusive benefits are available to applicants who designate PROFOUND RADIANCE SDN BHD as their official consultant and sponsor:
Dedicated PVIP Consultant
Receive personalized professional service from a dedicated Consultant.
Complimentary Transfer
Upon their initial visit to Kuala Lumpur post receiving conditional approval: Enjoy complimentary transfers to and from KLIA airport, assistance with opening a Fixed Deposit account at the bank, facilitation for medical check-up at a medical facility, and support for visa collection at the Immigration department.
Complimentary Business Consultation
Take advantage of a complimentary business consultation with our Principal/Director. Benefit from tailored guidance and expert insights to optimize your business strategies and make well-informed decisions. Unleash your potential for success in Malaysia with PROFOUND RADIANCE SDN BHD.
At PROFOUND RADIANCE SDN BHD, we are committed to exceeding expectations by offering exceptional service and exclusive privileges to our clients. By selecting us as your PVIP consultant, you gain access to an extensive network of carefully chosen partners across various industries in Malaysia. These partnerships enable us to provide you with a variety of benefits and services tailored to enhance your experience and facilitate your transition to Malaysia. Here are just a few of the exclusive privileges our clients can enjoy:
Premier Banking
Our collaboration with premier banking institutions ensures you have access to customized financial solutions, personalized banking services, and preferential rates, providing peace of mind when managing your finances in Malaysia.
Medical Insurance Provider
We have partnered with reputable medical insurance providers to offer comprehensive health coverage, ensuring the well-being of you and your loved ones during your stay in Malaysia.
Medical Partners (Hospitals and Clinics)
Through our network of esteemed hospitals and clinics, you'll have access to top-tier healthcare services, ensuring your health needs are met while residing in Malaysia.
Education Partners
Education Partners: For clients with children, our education partners can assist in locating the finest schools and educational institutions, ensuring a seamless transition and a high-quality education for your children.
Legal, Accounting, and Corporate Services
Our partnerships with reputable lawyers, accountants, company secretaries, and corporate advisors provide professional guidance and assistance for any legal, financial, or corporate matters that may arise during your time in Malaysia.
Transportation Service Provider
We have collaborated with reliable transportation service providers to offer convenient and comfortable transportation options, simplifying your navigation of the country.
Property Developers
Our collaboration with renowned property developers enables us to assist you in finding the ideal home or investment property in Malaysia, ensuring your housing needs are fulfilled.
Short-Term or Long-Term Stays
Whether you require short-term accommodations or long-term stays, our partnerships with reputable providers enable us to offer a range of comfortable and convenient options to suit your preferences.
Inbound Tour Operators
Our network of trusted inbound tour operators can assist you in exploring and experiencing the diverse beauty and cultural richness of Malaysia, providing unforgettable travel experiences.
We believe that your journey extends beyond obtaining PVIP status. That’s why we have curated a network of trusted partners to offer you exclusive privileges and comprehensive support throughout your time in Malaysia. We are dedicated to ensuring your transition is seamless and that you enjoy a fulfilling and rewarding experience in our beautiful country.
APPOINTMENT
Principal Applicant To Attend Engagement Meeting (In- Person / Virtual) And Appoint PROFOUND RADIANCE SDN BHD As PVIP Processing Agent.
PRE-SCREEN
Principal Applicant To Make Payment Of Agent Processing Fee To A Client Escrow Account Or Directly To PROFOUND RADIANCE SDN BHD.
Principal Applicant To Prepare Required Documents And Submit To PROFOUND RADIANCE SDN BHD For Pre- Screening.
SUBMISSION
PVIP Agent To Submit Formal Application To IDM For Approval (Estimated Time Of 60 Working Days To Obtain Conditional Approval).
APPROVAL
Principal Applicant Make Payment Of The Participation Fee(s) and submit Supplementary Documents: Proof of Fixed Deposit Of MYR 1,000,000 Medical Check-Up Report Proof Of Malaysian Medical Insurance
COLLECTION
Principal Applicant To Present Valid Passport For PVIP Visa Collection.
Frequently Asked Questions (FAQ)
What is the Malaysia Premium Visa Programme (PVIP)?
PVIP Malaysia is a long-term residency visa that enables investors, entrepreneurs, and foreign talents to live and work or study in Malaysia for up to 20 years.
What are the benefits of PVIP?
- No age limits;
- In the form of approval for up to 20 years with Multiple Entry Visa (MEV) facilities;
- Exemption of minimum staying requirement;
- Participants are also allowed to work and carry out legal business activities in accordance with the laws of the country;
- Permission to study;
- Permission to purchase real estate for residential, commercial or industrial purposes;
- Conduct active investments in permitted fields; and
- Participants can be accompanied by spouses, children, parents and foreign domestic helpers.
What are the application requirements?
- Earn an offshore income of RM40,000.00 per month or RM480,000 annually;
- Open a fixed deposit account of RM1,000,000 with a licensed bank in Malaysia;
- To pay Participation Fees (RM200,000 for Principal and RM100,000 for Dependents); and
- All applications are required to be made through an authorized agency appointed by the Immigration Department of Malaysia.
Can I work in Malaysia, any limitation?
Yes, visa holder can work in any company in Malaysia without applying an extra employment pass, no limitation as long as it obeys Malaysia’s law.
Will my dependants enjoying same benefits as Principal?
Yes, everyone enjoys same benefits.
Can I / my dependants study in Malaysia?
Yes, visa holders can study in Malaysia without age limitation and applying an extra student pass.
What happens when my dependants reach 21 years old?
They could top up RM100k participation fee to become a new Principal if they wished to continue using PVIP visa.
- To provide bank statement(s) showing proof of having an offshore income of at least RM 40,000 monthly, or RM 480,000 annually.
- To have a fixed deposit account of RM 1,000,000 with no withdrawals allowed on the principal in the first year.
- To pay the participation fees of RM 200,000 for the Principal Applicant and RM 100,000 for each dependant upon application submission
- Withdrawal of 50% from the fixed deposit after one (1) year is allowed with a letter of recommendation from the Immigration Department for the purpose of real estate investment, medical and educational expenses only.
Cannot, the RM 1 million must be placed as fixed deposit in the bank with no withdrawal allowed for the first year. However, you can withdraw RM 500,000 after a year, it could only be used for medical, education and purchasing real estate purposes. Interest issued by bank are allowed to withdraw for daily use.
Yes. Applications can only be process by an appointed PVIP agent who is registered with IDM. A list of appointed authorised agents is published on the IDM website.
Yes. The Immigration Department accepts the Certificate of Good Conduct issued by the Ministry of Foreign Affairs Malaysia for those who have resided in Malaysia for one (1) year and beyond. Kindly contact them via https://www.kln.gov.my/
Dependant(s) are as follows, and the pass is issued to the person who is related to the Principal Applicant:
- Spouse(s) of Principal Applicant;
- Child(ren) below 21 years old (biological / stepchild / legally adopted) of the Principal Applicant;
- Disabled Child(ren) regardless of age (provision of a letter of confirmation from a medical specialist / general practitioner);
- Parent(s) and in-law(s) of the Principal Applicant.