Phone: WA: +54 9 3814 45-9254
Premium Visa Programme (PVIP)
Premium Visa Programme (PVIP) 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
- Type: Visa
- Country: Malaysia
- Duration: 20 years
- Status: Active
BENEFITS
• Open to all age categories.
• In the form of approval for up to 20 years with Multiple Entry Visa (MEV) facilities
• Exemption of the 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.
• Participants can be accompanied by spouse, children, parents, and a foreign domestic helper.
REQUIREMENTS
• Earn an offshore income of RM40,000.00 (USD 9K) per month or RM480,000 (USD 110K) annually.
• Open a fixed deposit account of RM1,000,000 (USD250K) with a licensed bank in Malaysia. You can cancel your visa and withdraw your funds at any time. This money will be under your name and at your disposal all the time.
• To pay Participation Fees (RM200,000 (USD45K) for Principal and RM100,000 (USD 25K) for Dependents).
• All applications are required to be made through an authorized agency appointed by the Immigration Department of Malaysia.
Comparison Table MM2H & PVIP
| Criteria | Premium Visa Programme (PVIP) | Malaysia My Second Home (MM2H) |
|---|---|---|
| Applicant age | No age requirement | 25 and above |
| Foreign income proof | RM40,000 (monthly) or RM480,000 (annually) | Not applicable |
| Liquid asset proof | Not applicable | Not applicable |
| Investment (fixed deposit in Malaysia) | RM 1 million | USD 1 million |
| Minimum stay in Malaysia | Not applicable | 90 days |
| Eligible to conduct business, seek employment and enroll in education | Applicable | Applicable |
| Property investment | In accordance with state government requirements on foreigner minimum purchase price | In accordance with state government requirements on foreigner minimum purchase price |
| Duration | 20 years (renewable for another 20 years) | 20 years (renewable for another 20 years) OR 5 years (renewable) |
MM2H Government Fee at a Glance
| Main Applicant | Each Dependents | |
|---|---|---|
| Participation Fee | RM 200,000 | Not applicable |
| Pass Fee (Per Year) | RM 500 | RM 500 |
| 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 |
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 |