Malaysia is one of Asia’s most vibrant economies due to its continued industrial growth and political stability. After gaining independence, Malaysia joined the British Commonwealth. A member of the UN and APEC, it is also a founding member of ASEAN. Malaysia offers excellent beaches, breathtaking scenery, and dense rainforests.
Malaysia allows foreign nationals who fulfil certain criteria to reside in Malaysia on a long-term, multiple-entry visa through two options:
Factsheet
Minimum investment of MYR 1 million (approximately USD 212,000)
A 20-year, multiple entry visa, which effectively serves as a residence permit enabling the applicant and their family to live, work and conduct business in Malaysia
The Government of Malaysia enables applicants and their families to live in the country through the Malaysia My Second Home (MM2H) Program or the Premium Visa Program (PVIP). In exchange for an investment into the country, successful applicants are granted a long-term multiple-entry visa.
The MM2H visa is a 10-year, multiple-entry visa. MM2H applicants must be at least 35 years old. Main applicants and their spouses must spend 90 days per year in Malaysia (children, parents, and parents-in-law are exempt from this requirement).
The PVIP visa is a 20-year, multiple-entry visa, issued in five-year tranches. PVIP applicants can be of any age and may work and run a business in Malaysia. They are not required to reside in Malaysia.
To acquire Malaysian residence under PVIP, upon application submission, foreign nationals must submit proof of offshore income worth a minimum MYR 40,000 (approximately USD 8,500) per month or MYR 480,000 (approximately USD 100,000) per year.
Upon approval, successful applicants:
Note: Applicants may withdraw up to MYR 500,000 (approximately USD 106,000) after the first year if they wish, for approved expenses relating to a house purchase, education for their children in Malaysia, or medical expenses.
The Malaysia Immigration Department will issue a conditional approval letter to each approved applicant. The MM2H visa does not allow its holders to work in Malaysia. Both the MM2H and PVIP visas do not lead to permanent residence.
After the MM2H or PVIP application for residence has been submitted to the Malaysian government and initial approval has been granted, the client can visit the country to complete the remaining requirements (namely, opening a bank account and fulfilling the medical requirements). Henley & Partners will assist with this process.
Thereafter, full approval will be granted and the applicant and their included family receive their long-term multiple-entry visas to Malaysia (10 years under the MM2H program and 20 years under the PVIP).
Both the initial MM2H visa and the PVIP visa are valid for an initial period of five years and can be renewed thereafter.
The Malaysia residence by investment program, known as the Malaysia Premium Visa Program (PVIP), grants residence to individuals and their families through significant economic contributions.
Investors must show proof of significant offshore income upon application submission. Once approved, applicants must invest a substantial amount into a local fixed deposit account, which must be maintained throughout their stay in Malaysia under the program.
Benefits include the right to live, work, and study in Malaysia with a 20-year visa, access to a favorable tax regime, and a high quality of life.
The minimum investment starts at MYR 1 million into a local fixed deposit account.
Processing times for residence by investment applications may vary. Please contact us to find out more.
Yes, the main applicant can include their spouse, dependent children, and dependent parents in their application.
There is no minimum stay or physical presence requirement to maintain residence.
Required documents include a valid passport, proof of investment, health insurance, a clean criminal record, and other supporting documents.
No, obtaining Malaysian citizenship requires a separate and more stringent process.
Required documents include a valid passport, proof of investment or contribution, a clean criminal record, and other supporting documents.
Should you have any questions, or if you would like a detailed breakdown of the exact costs for your family, kindly contact us and we will be delighted to help you.
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