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Malaysia | Residency by Investment

Malaysia

Residency By Investment

Malaysia Residence Programs

Malaysia offers foreign nationals long-term residency through two key visa programs: the Malaysia My Second Home (MM2H) and the Premium Visa Program (PVIP). Both allow applicants to secure a multiple-entry visa by making an investment in the country.

Malaysia My Second Home (MM2H) & Premium Visa Program (PVIP)

The MM2H program grants a 10-year multiple-entry visa to applicants aged 35 and older. It requires main applicants and their spouses to spend at least 90 days per year in Malaysia, while dependents—including children, parents, and parents-in-law—are exempt from this requirement.

On the other hand, the PVIP program provides a 20-year multiple-entry visa, issued in five-year increments. It is open to applicants of any age, and visa holders are permitted to work and operate a business in Malaysia. Unlike MM2H, PVIP has no residency requirement, offering greater flexibility for applicants who prefer not to live in Malaysia full-time.

Why Choose Malaysia?

  • Long-Term Residency:
    A 20-year visa, renewable for another 20 years.

  • No Age Restriction:
    Applicants of any age can apply.

  • Flexibility in Living & Business:
    Residents can live, work, and operate a business in Malaysia.

  • No Minimum Stay Requirement:
    No mandatory physical presence in the country.

  • Tax Advantages:
    Taxes are imposed only on income earned within Malaysia.

Premium Visa Program (PVIP) Requirements

To qualify for Malaysian residence under the PVIP program, foreign nationals must provide:

  • Proof of offshore income amounting to at least MYR 40,000 (approximately USD 8,500) per month or MYR 480,000 (approximately USD 100,000) annually.

Conditions Upon Approval

  • Deposit MYR 1 million (approximately USD 212,000) into a local fixed deposit account and maintain it throughout the stay under the program. Up to MYR 500,000 (approximately USD 106,000) may be withdrawn after the first year for approved expenses such as house purchases, children's education in Malaysia, or medical costs.
  • Obtain medical health insurance if aged 60 or below.
  • Undergo a medical check-up in Malaysia.

Procedures for Residence by Investment

The Malaysia Immigration Department issues a conditional approval letter to successful applicants. Please note:

  • Neither PVIP nor MM2H visas allow holders to work in Malaysia.
  • These visas do not lead to permanent residency.

After submitting the application and receiving initial approval, applicants can visit Malaysia to complete the required steps (e.g., opening a bank account and fulfilling medical requirements). Henley & Partners assists in this process.

Visa Validity

  • The PVIP visa is valid for 20 years, while the MM2H visa is valid for 10 years.
  • Both visas are initially granted for a period of five years and can be renewed.