MALAYSIA
PREMIUM VISA PROGRAMME
A Helpful Introductory Guide
PVIP INTRODUCTION
The Premium Visa Programme (PVIP) is a long-term residency visa that enables investors, entrepreneurs, and foreign talents to live, work, or study in Malaysia for up to 20 years with an option to extend for another 20 years. Participant will enjoy the same rights as a Permanent Resident.
ATTRACTIVE FEATURES OF PVIP
- No age limit.
- Long term residency of 20 years with an option to extend for an additional 20 years.
- No minimum physical stay requirements.
- Allowed to work and carry out legal business activities in accordance with the laws of Malaysia.
- Allowed to study.
- Allowed to purchase real estate for residential, commercial, or industrial purposes.
- Allowed to conduct active investments in permitted fields.
- Participants can be accompanied by dependants such as spouse(s), child(ren), parent(s), in-law(s), and one foreign domestic helper.
PVIP APPLICATION REQUIREMENTS
(FOR PRINCIPAL APPLICANT)
- INVESTMENT
- Pledge a local fixed deposit placement of RM1,000,000 with a licensed bank in Malaysia.
- LETTER OF GOOD CONDUCT
- Provide a letter of good conduct from the authority of the country the Principal Applicant is currently residing in.
- PROOF OF FOREIGN INCOME
- Provide proof of offshore income of at least RM40,000 monthly or RM480,000 annually.
- MEDICAL
- Submit a medical report from any private hospital or registered clinic in Malaysia, and proof of valid local medical insurance coverage.
PVIP APPLICATION PROCEDURE
- APPOINTMENT.
- Principal Applicant to Attend Engagement Meeting (In-Person/Virtual) and Appoint STATUS PREMIER SDN BHD as PVIP Processing Agent
- PRE-SCREEN.
- Principal Applicant to Prepare Required Documents and Submit to STATUS PREMIER SDN BHD for Pre-Screening
- PAYMENT.
- Principal Applicant to Make Payment of Agent Processing Fee to STATUS PREMIER SDN BHD
- 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 RM1,000,000
- Medical Check-Up Report
- Proof of Malaysian Medical Insurance
- COLLECTION.
- Principal Applicant to Present Valid Passport for PVIP Visa Collection
PVIP FEE STRUCTURE
Government Participation Fee
- Principal Applicant
- MYR 200,000
- Each Dependent
- MYR 100,000
Professional Fee
- Principal Applicant
- MYR 63,000 + SST 8%
- Each Dependent
- MYR 25,000 + SST 8%
Immigration Fee
- Security Bond
- Refer to visa fee by country
- Pass Fee
- MYR 2,000 (per year per passport)
- Multiple Entry Visa
- Refer to visa fee by country
PVIP APPLICATION DOCUMENTS CHECKLIST
CLEAR COLOUR COPY
| ITEM | REMARKS |
|---|---|
| 1. Passport (all applicant) | All pages of the passport and must have a validity of more than two years |
| 2. Photo (all applicant) | 8 pieces of passport size photo (Blue background) |
| 3. CV (principal and spouse) | A simple CV including work experience, education background, permanent address |
| 4. Latest 3 months pay slip | Monthly offshore income must be above MYR 40,000 or yearly offshore income must be above MYR 480,000 |
| 5. Employment confirmation letter | A letter from the company mentioning about monthly salary, job position, and entry date with the company stamp |
| 6. TIN certificate | |
| 7. Latest 3 Months Personal Bank Statement | 3 Months Personal Bank Statement which reflect monthly/yearly income and tally with the pay slip provided |
REQUIRED TO TRANSLATE + NOTARIZE + CERTIFY BY MALAYSIA EMBASSY
| ITEM | REMARKS |
|---|---|
| 1. Letter of Good Conduct (Police clearance certificate) | Principal, Spouse, and children above 18 years old |
| 2. Marriage Certificate | If accompanied by spouse |
| 3. Children Birth Certificate | If accompanied by unmarried children below age 21 |
PVIP FEE STRUCTURE AND SCHEDULE
| SCHEDULE | AMOUNT | COLLECTION PARTY | PAYMENT STAGE |
|---|---|---|---|
1. PVIP Agent Appointment Fee (1ˢᵗ 20%)
| As Per Advice | PVIP Agent (STATUS PREMIER SDN BHD) | 1. Appointment |
2. PVIP Agent Processing Fee (2ⁿᵈ 40%)
| As Per Advice | PVIP Agent (STATUS PREMIER SDN BHD) | 3. Pre-submission Payment |
3. PVIP Agent Processing Fee (Balance 40%)
| As Per Advice | PVIP Agent (STATUS PREMIER SDN BHD) | 5. Approval |
4. Govt Participation Fee (One-Off) (1ˢᵗ 10%)
| RM20,000 RM10,000 | Immigration Department Malaysia | 3. Pre-submission Payment |
5. Govt Participation Fee (One-Off) (Balance 90%)
|
| Immigration Department Malaysia | 5. Approval (Within 60 Days) |
| 6. Fixed Deposit Placement | RM 1 Million | Bank in Malaysia | 5. Approval (Within 60 Days) |
| 7. Pass Fee (Per Year) | RM2,000 | Immigration Department Malaysia | 5. Approval (Within 60 Days) |
| 8. Multiple Entry Visa Fee (Per Year) | Refer to Visa Fee by Country | Immigration Department Malaysia | 5. Approval (Within 60 Days) |
| 9. Security Bond (One-Off) | Refer to Security Bond by Country | Immigration Department Malaysia | 5. Approval (Within 60 Days) |
STATUS PREMIER SDN BHD
No 14, Jalan Ros Merah 2/7, Taman Johor Jaya,
81100 Johor Bahru, Johor, Malaysia
jin.ang@statuspremier.com
+6017-727 1166 (Jin Ang)