FREQUENTLY ASKED QUESTIONS

MALAYSIA PREMIUM VISA PROGRAMME (PVIP)

GENERAL
1) What is 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

2) What are the benefits of PVIP?

i. No age limits;
ii. In the form of approval for up to 20 years with Multiple Entry Visa (MEV) facilities;
iii. Exemption of minimum staying requirement;
iv. Participants are also allowed to work and carry out legal business activities in
accordance with the laws of the country;
v. Permission to study;
vi. Permission to purchase real estate for residential, commercial or industrial
purposes;
vii. Conduct active investments in permitted fields; and
viii. Participants can be accompanied by spouses, children, parents and foreign
domestic helpers.

3) What are the application requirements?

i. Earn an offshore income of RM40,000.00 per month or RM480,000 annually;

ii. Open a fixed deposit account of RM1,000,000 with a licensed bank in Malaysia;
iii. To pay Participation Fees (RM200,000 for Principal and RM100,000 for
Dependents); and
iv. All applications are required to be made through an authorized agency appointed
by the Immigration Department of Malaysia.
AGENCY REGISTRATION APPLICATION

Eligibility and document required

1) What are the company eligibility criteria for this application?

i. The company must be a Private Limited or Sendirian Berhad (Sdn.Bhd) company

registered with The Companies Commission Malaysia (SSM) under the
Companies Act 1965;
ii. Company paid up capital is at least RM 1,000,000.00;
iii. The equity participation must be at least 51% locally owned (minimum) and a
maximum of 49% foreign-owned;
iv. Nature of business must be related to the consultancy of the Malaysia Premium
Visa Programme (PVIP);
v. The company's bank account is signed only by shareholders and directors of the
company only or any officer of the company who is officially appointed by the
company;
vi. Shareholders have no interest (share equity) in any other licensed Malaysian
PVIP agency company;
vii. Companies must have appropriate business premises and be in an area
authorized by the Local Authority (PBT) to operate as a place of business. The
company shall display business signs and have complete office equipment;
viii. Not binding any form of a compound or any offence hereunder Malaysia law;
ix. Members of the Board of Directors / Shareholders of the company are not from
staff currently serving in the Ministry of Home Affairs (MOHA) and Immigration
Department of Malaysia (JIM); and
x. Agents can only act on behalf of clients who have been given power of attorney
in writing to represent them.

2) What is the required document to apply?

i. The latest SSM E-Info (document print date at least 14 days from the date of
application);
ii. Copy of all current company directors’ MyKad / Passport copy as per SSM
registration (coloured);
iii. Latest organization structure;
iv. Employee Provident Fund (EPF) Statement;
v. Banking information which is the front page of all company bank accounts;
vi. Letter of Undertaking from two (2) Company Directors;
vii. Utility bills;
viii. The application must be signed by one of the members of the board of
directors/owners or a company management officer, who has been authorized in
writing to act on behalf of the member of the board of directors/owners of the
company; and
ix. Other documents specified upon request.

3) What is the SSM E-Info?

i. Latest SSM Form 9 or Form 83A (any related documents);

ii. Latest SSM Form 24 or Form 80A (any related documents); and
iii. Latest SSM Form 49 or Form 79 (any related documents).
4) Where is to submit that application?

Submit an application to the PVIP Centre, Level 5, Blok 2G4 (podium) Immigration
Department of Malaysia Headquarters, Putrajaya by completing the application
information based on the list of required documents in paragraph 2. Incomplete
applications will not be processed.

5) What is the type of the company’s nature of business (NOB) that can be eligible to
apply?

The nature of business must be related to the consultancy of the Malaysia Premium Visa
Programme (PVIP). However, for the initial period from 1 October 2022 to 31 December
2022, the SSM e-info nature of business (NOB) conditions will be given leeway but must
be related to consultancy in human resources. From January 1, 2023, the registration of
this Malaysian PVIP handling business is mandatory.

6) How to apply for the PVIP quota?

The company is required to submit a participant quota application to PVIP Malaysia

during the PVIP agency registration application.

7) How to apply an additional PVIP quota if the quota has been utilized by the appointed
agency?

The company is allowed to reapply for an additional PVIP quota to JIM subject to the
previous utilization of the previous quota. The document required is in paragraph 2.

Fees

8) What is the cost of initial participation fees?

If the registration as an agent is approved, the company must make an initial payment
of the participation fee of 10% (RM200,000.00) for each quota from the total value of the
participation fee principal (PVIP) Malaysia. Payment must be made in the name of the
DIRECTOR GENERAL OF IMMIGRATION, MALAYSIA.

EXAMPLE:
10% x 5 (quota approved) x RM 200,000.00 = RM 100,000.00.

9) I have five (5) PVIP quotas approved. Can the company make partial payment of the
initial participation fees as two (2) quotas only?

No. the company must make the full payment of the initial participation fee based on the
quota approved as stated in paragraph 5.

10) How long does the company have to pay that initial participation fee?

For approved applications, the company must settle the payment of the 10% initial
participation fee before applying for participants within 30 days. While the remaining
90% of the participation fee of PVIP Malaysia must be paid within 60 days after
 conditional approval is granted. The participation fee (RM 200,000.00) is non-
refundable.

11) What happens if the company fails to settle the payment of the initial participation fee
based on the quota approved?

The approval will be revoked automatically. The company must reapply for registration
and PVIP quota approval to JIM.

CONDITIONS FOR APPOINTED AS PVIP AGENCY

12) What requirements must be followed when a company is approved as a PVIP agency?

i. Approval as an agent is not to be rented, sold or handed over to any outside

party;
ii. Agent companies, board members/ company owners, holders of the company's
shares and its employees cannot be directly involved in the activities of fraud,
embezzlement, smuggling or any- other misconduct is against the law and
regulations in force;
iii. The company must ensure all information and documents regarding PVIP
Malaysia participants is authentic, genuine and verified by relevant authorities;
iv. The validity period of the quota is for three (3) years. After that, the agency needs
to submit a new application;
v. Each approval as a PVIP agency is valid for three (3) years and must be renewed
before the approval expiration date;
vi. Approval of agency registration that is not renewed will result in all new
application transactions of PVIP Malaysia participants will be blocked; and
vii. Renewal applications must also be submitted at least 60 days before the end of
approval.

APPLICATION DECISION

13) How will the company receive the result of company registration and quota application?

The result of the application decision letter will be sent by email or post to the company.

CLIENT CHARTER

14) How long will it take to process the company registration and quota application?

Thirty (30) working days subject to the completeness of the documents required.
PARTICIPANT APPLICATION

1) What is the eligible age for this application?

Open to all participants of all age categories.

2) Required Documents

i) Copy of passport (biodata page and current pass including the cover);

ii) Copy of marriage certificate (for legal spouse) translated into English
(if applicable) and attested / Certified True Copy (CTC) by the
respective Embassy / High Commission / Consulate General or
Consulate General in Malaysia;

iii) Copy of Birth Certificate (biological / stepchild / legally adopted)

translated into English (if applicable) and attested / Certified True Copy
(CTC) by the respective Embassy / High Commission/ Consulate
General or Consulate General in Malaysia;

iv) Other documents specified upon request

NOTE:
All documents must be translated into English by the Institute of Language and
Literature. Link (http://lamanweb.dbp.gov.my/) or Embassy or Consulate General of
Malaysia abroad link (https://www.kln.gov.my/web/guest/malaysian-mission).

3) Dependent (parents/children below the age of 21 years old) to join the PVIP
program before entering Malaysia.

Yes, such application is allowed provided that the applicant must secure the
endorsement within 6 months period upon obtaining the conditional approval.

FINANCIAL CRITERIA
4) There are:

i. To provide the latest 3 months bank statement showing proof of having an

offshore income of at least RM40,000 per month, or RM480,000 annually; and

ii. To have fixed savings account with a deposit of at least RM1 million, with no
withdrawals allowed on the principal.
 5) It is allowable for partial withdrawal from the fixed deposit allowed after one (1) year
from the date of the first PVIP endorsement?

i. Withdrawal of 50% from the fixed deposit after one (1) year is allowed for the
purpose of purchase of the real estate, medical and educational purposes only.

ii. Provided that a letter of recommendation from the Immigration Department is

obtained.

PAYMENT

6) Payment

The fee is to be paid to the immigration department.

No Things Payment Rate (RM)

1 Participation Fee (Principal) RM200,000

2 Participation Fee RM100,000
(Dependent)
3 Pass Fee RM2,000 per year
4 Visa Based on existing payment rates by country

5 Security bond Based on existing payment rates by country

OTHERS

7) Submission of application

i. All applications must go through appointed PVIP agencies registered with JIM.

ii. For participant application, appointed PVIP agencies may submit within the
approved quota.

8) How do I refer to the list of appointed PVIP agencies?

A list of appointed authorized agencies will be published in the Immigration

Portal.
9) Employment and study

PVIP participant pass holders are allowed to be employed and study in Malaysia.

10) Certificate of Good Conduct (CGC) by Wisma Putra, Malaysia

Immigration Department accepts the Certificate of Good Conduct issued by the Ministry
of Foreign Affairs Malaysia for those who stay in Malaysia for one (1) year and beyond.
Kindly contact them via https://www.kln.gov.my/ -guidelines on CGC (SKB)/Panduan)

11) Foreign Domestic Helper

PVIP pass holder (Principal) is allowed to bring in a domestic helper/maid from the
country of origin subject to existing foreign domestic helper regulations.

12) Discontinuation

i. Discontinuation of the pass can be done manually at the PVIP counter, for those
who are abroad, Principals can apply for the manual discontinuation at the
nearest Malaysia Mission aboard.

ii. The application MUST BE SUBMITTED by the appointed PVIP authorized

agencies for the discontinuation of the PVIP pass.

13) PVIP consultant / agency

All applications must go through an appointed PVIP consultant/agency, and please

ensure it is registered with JIM. A list of appointed authorized agencies will be published
in the Immigration Portal.

14) What is the definition of dependent(s)?

Dependents are as follows, and the pass is issued to the person who is connected to
the main applicant/principal:

i. Spouse of principal;

ii. Children below 21 years old (biological / stepchild / legally adopted)

of the main applicant;

iii. Disabled child regardless of age (Letter of confirmation from the

medical specialist / General Practitioner).

iv. Parents & Parents-in-law of principal.

VISA FEES ACCORDING TO THE COUNTRY

Countries Single/Multiple Entry Visa Transit Visa (RM)

(RM)
Argentina 20.15 4.10
Bangladesh 20.00 20.00
Bhutan 20.00 20.00
Bolivia 11.00 11.00
Burma 19.50 6.60
Brazil 17.00 17.00
Bulgaria 21.90 11.00
Chile 24.50 24.50
Republic of China 30.00 30.00
Costa Rica 9.00 20.00
Czech & Slovak 19.30 8.20
Denmark 6.00 -
Dominican Republic 12.90 9.65
Ecuador 7.00 0.50
Finland 7.00 -
France 12.90 -
Haiti 16.00 6.00
Hungary 21.45 10.30
India 50.00 50.00
Indonesia 15.00 3.50
Israel 9.70 1.10
Italy 9.50 -
South Korea 30.00 15.00

Liberia 13.00 13.00

Mexico 17.50 17.50
Myanmar 20.00 20.00
Nepal 20.00 20.00
Panama 14.50 14.50
Pakistan 20.00 20.00
Peru 20.00 20.00
Poland 26.20 8.00
Portugal 6.50 6.50
Saudi Arabia 17.20 8.60
Sri Lanka 15.00 15.00
Sudan 12.90 4.30
United States of America 6.00 20.00
Uruguay 13.50 13.50
Venezuela 18.00 18.00
Vietnam 13.00 1.50

Countries which are not listed are to pay RM 20.00

SECURITY BOND/BANK GUARANTEE RATES

1. RM 2000.00

 Canada
 USA
 Colombia
 Angola
 Burkina Faso
 Burundi
 Cameroon
 Central African Republic
 Republic Congo
 Republic Democratic Congo
 Cote D'Ivoire
 Djibouti
 Equatorial Guinea
 Eritrea
 Ethiopia
 Guinea-Bissau
 Ghana
 Liberia
 Mali Mozambique
 Niger
 Nigeria
 Rwanda
 Western Sahara

2. RM1500.00

 Saudi Arabia
 Africa
 Australia
 British C.I
 Brunei
 China
 Europe
 Iran
 Iraq
 Portugal C.I
 Taiwan
 Tunisia
 Vietnam

3. RM1000.00

 Japan
 South Korea
 Macao
 Hong Kong
4. RM 750.00

 Bangladesh
 Philippines
 India
 Myanmar
 Nepal
 Pakistan
 Sri Lanka

5. RM500.00 - Indonesia

6. RM300.00 - Thailand

7. RM200.00 - Singapore

8. Fee for other countries is RM1500.00