Malaysia now offers two investment-based programs that offer foreign nationals the opportunity to come to the country: The Premium Visa Program (PVIP) and the Malaysia My Second Home (MM2H) program. Both programs grant temporary residency permits with different validity periods.
Residency Through Investment” concept that allows foreigners to invest and reside in Malaysia for 20 years,
with an option to extend for another 20 years thereafter.
- RM40,000 Per month income
- RM1 million Fixed Deposit Local
- RM200,000 Participate Fee
Access to Malaysia’s investment migration programs
The Premium Visa Program (PVIP)
Starting October 1, 2022, foreign investors will have the opportunity to avail the new investment visa, the Premium Visa Program (PVIP). This visa can be extended over a period of 20 years and can also be extended to spouses, immediate family members, parents, in-laws and household employees. No minimum attendance is required to maintain the visa.
A minimum investment of RM1 million (equivalent to US$216,000) in fixed deposit with a local bank is required to be eligible for the PVIP. In addition, a proven monthly income of at least RM 40,000 (approximately US$ 9,000) from offshore sources must be guaranteed.
The one-time application fee for the PVIP is RM200,000 (approximately US$45,000) for the primary applicant and an additional RM100,000 (approximately US$22,600) for each dependent. There is an annual pass fee of RM2,000 (approximately US$450).
In addition, applicants must have health insurance in Malaysia and a police clearance certificate from their home country.
PVIP holders have the opportunity to work or study in the country, start their own businesses and acquire real estate for personal, business or industrial purposes.
One year after receiving the visa, investors are allowed to withdraw up to 50% of their deposited amount to finance, for example, real estate purchases or education and health care expenses.
Applications for the PVIP can be submitted by applicants of any age and cash is not a requirement. The applicant’s passport should be valid for at least 24 months when the application is submitted.
Interested persons must initiate the application process via an authorized agency. After filing an official application, provisional approval is expected to be granted within approximately 60 working days.
Malaysia – My Second Home (MM2H)
The MM2H visa requires a minimum deposit of RM1 million and a monthly income of at least RM40,000 (about $9,000) from foreign sources.
To be eligible to enter, applicants must provide proof of cash equivalents of at least RM1.5 million (approximately US$340,000) and be at least 35 years of age.
Fees for processing the MM2H application are RM5,000 (approximately $1,100) for the main applicant and RM2,500 (approximately $565) for each additional eligible applicant.
The MM2H visa is granted for a period of five years and is renewable. Visa holders must stay in the country for at least 90 days per year.
MM2H visa holders have the opportunity to become shareholders in companies but are not permitted to engage in any business activities or otherwise seek employment or training.
—————-
TCME – Group worldwide is a leading professional international foreign trade relations investment and consulting firm, with 17 different departments spread in different countries around the world, with its head office in Malaysia.
We’ve helped thousands of people take their businesses abroad, legally reduce their taxes, and become dual citizens. We focus on high-net-worth individuals and their families as well as businesses, where we design and implement bespoke, holistic strategies for successful investors and entrepreneurs to legally reduce their tax burden, diversify and protect their wealth, invest abroad, a second citizenship and to live a freer life worldwide.
Another special area of our full-service consulting is the investment opportunity and solution in Europe, especially in the Balkans, Africa, Asia, the United Arab Emirates, the Caribbean and the Pacific.
If you are looking for it, please feel free to contact us. We create a holistic plan that serves your purpose.
The TCME Group Worldwide as well its partner in Vanuatu are accredited, licensed and authorized agents and facilitators of the Government of Vanuatu for the citizenship programs of the VDSP and the CIIP in Vanuatu.
GCI UNIT Worldwide by TCME Worldwide Group, designs and implements customized, holistic strategies for successful investors and entrepreneurs to legally reduce their tax bills, diversify and protect their wealth, invest abroad, gain a second citizenship and live a freer life worldwide to lead.
YOUR CHANCE FOR A BETTER LIVE
TCME Worldwide Group firm is a leading professional International Business Investment and Advisory Firm for Foreign Economic Relations. Our range of services includes:
Offshore and Onshore Company Formation,
international Business & Management
Citizenship & Residency (Advice on residency and citizenship by investment programs, VIP citizenship programs in cooperation with more than 70 countries)
Investments & Corporate Financing
Advisory for Foreign Economic Relationship
Diplomatic Consultancy & Public Affairs
If you would like to discuss your internationalization and diversification plans, book a consulting session* or email us under: [email protected]
*A counseling session is a conversation about your portfolio and goals. It does not constitute legal, financial, tax or investment advice.
TCME Worldwide Group – Global Investments –
Level 33, Ilham Tower, 8 Jalan Binjai,
Kuala Lumpur 50450, Malaysia
www.tcme.company
www.citizenship-news.com
International Phone: +66 99091 8357 (also for BOTIM, Signal, Viber, Telegram)
Malaysia Phone: +603 2169 7057
Montenegro Phone: +382 69 150 130 (WhatsApp)
Telegram https://t.me/passport_Vanuatu
Telegram https://t.me/passport_news
