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Malaysia Premium Visa Program
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ABOUT MALAYSIA
Malaysia, located in Southeast Asia, is a diverse and multicultural country. Its territory is divided into two main regions: the western peninsula, which is home to major cities such as Kuala Lumpur, Penang, and Johor Bahru – with Johor sharing a border with Singapore; the eastern peninsula, known for its abundant natural resources, includes regions like Sabah and Sarawak.Over the past 50 years, Malaysia has gone through rapid development and successfully transformed itself from a mining-and-agriculture-heavy-economy to a service and industry-driven economy. Stable political systems, a highly educated workforce, cultural diversity, and rich natural resources, along with unique trade relationships with China and other countries, have positioned Malaysia as one of the fastest-growing economies in Asia over the next decade. This has attracted a growing number of multinational technology companies, including global giants such as AT&S from Austria, Infineon from Germany, and Intel from the United Kingdom, to establish a presence in Malaysia.
To further attract foreign investment and talent, Malaysia introduced the “Premium Visa for International Professionals” (PVIP) program on October 1, 2022. High-net-worth individuals from overseas are invited to participate in business incorporations and investments locally in Malaysia. This program offers foreign citizens the opportunity to invest in Malaysia and obtain a 20-year residency permit, with the option to renew every 20 years. This exceptional opportunity provides high-net-worth families with a pathway to establish their lives and conduct business overseas, leveraging the prosperous business ecosystem and rewarding lifestyle the country has to offer. The program aims to provide a secure and stable investment destination, attracting global investors seeking both personal and business convenience.
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PROGRAM FEATURES
20-Year Approval
PVIP offers the same benefits as a Permanent Residence (PR), with the option to renew every 20 years
Fast Processing Time
3 – 6 months to obtain Visa Approval
For Entire Family
Spouse, children, parents & parents-in-law can be included
Freedom to Work
Allow to work in Malaysia
Conduct Business
Applicants can conduct business activities without a local partner
Pursue Education
Allow to pursue study in Malaysia
Physical Presence
No minimum stay requirement
Domestic Helper
Applicant can bring a domestic helper under with the immigration regulation
PROGRAM REQUIREMENTS
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Have a clean criminal record
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Have a minimum RM 40,000 (monthly) or RM 480,000 (annually) offshore Income
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Fulfill the fixed deposit requirement of RM 1,000,000 after the approval (50% of deposit can be withdrawn after a year for the property purchase, medical and education expense)
ELIGIBLE DEPENDENTS
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Spouse of the main applicant
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Dependent children under the age of 21
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Dependent parents and parents-in-law of the main applicant
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APPLICATION PROCESS
1 | Preliminary Consultation
Begin with an initial consultation with Chaucer Team to assess your background and immigration goal.
2 | Signing a Service Agreement
Signing the service agreement with Chaucer Team and to complete the onboarding process.
3 | Document Preparation
Our team will assist the applicant to prepare all the documents and application forms required for the PVIP application.
4 | Submission of PVIP Application
Arrange the file submission and allow the Immigration Department to complete the due diligence and processing.
5 | Approval and Fulfillment of Investment
Upon receipt of the approval in principle, you are invited to open a bank account, arrange the fixed deposit, medical check up and purchase health insurance in Malaysia.
6 | PVIP Visa Endorsement
Chaucer Team will initiate the process of obtaining PVIP visa endorsement from the Immigration department and will ensure the delivery of the passport to your designated address
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