Key Benefits:

1. Straightforward and efficient residence by investment program
2. 20-year residence visa, renewable for an additional 20 years
3. No minimum stay requirement
4. Right to live, work, and conduct business in Malaysia
5. Ability to include a spouse, parents, parents-in-law, and unmarried children under 21 years old
6. Multicultural population and modern lifestyle
7. Option to purchase residential properties ranging from MYR 300,000 (approximately USD 70,000) to MYR 1 million (approximately USD 212,000), varying by state
8. Taxation is applied only on income sourced in Malaysia, with an extensive network of double tax agreements in place

Requirements:

1. The PVIP visa is a 20-year, multiple-entry visa issued in five-year increments
   1. Applicants of any age may apply and are allowed to work and run a business in Malaysia
   2. There is no requirement to reside in Malaysia
   3. Applicants must demonstrate financial self-sufficiency by providing proof of offshore income, with a minimum of MYR 40,000 (approximately USD 8,500) per month or MYR 480,000 (approximately USD 100,000) per year
2.  Upon approval, successful applicants:
   1. Must invest MYR 1 million (approximately USD 212,000) in a local fixed deposit account, maintaining the investment throughout their stay in the program
   2. May withdraw up to MYR 500,000 (approximately USD 106,000) after the first year for approved expenses, such as a house purchase, education for children in Malaysia, or medical purposes
   3. Must undergo a medical check-up in Malaysia
   4. Must purchase medical health insurance if they are aged 60 or below

Application Process

The Malaysia Immigration Department will issue a conditional approval letter to each approved applicant. The PVIP visa does not lead to permanent residence. Upon approval of the application, Henley & Partners will assist the applicant with opening a bank account, obtaining a medical report from a private hospital or clinic, and purchasing medical insurance from an insurance company in Malaysia.

• Client reaches out to Destiny Migration Company for a preliminary assessment
• Initial requirements are completed
• Initial due diligence checks are conducted
• Client agreement is finalized, and retainer payment is made
• Malaysian residence application is submitted to the government
• Government due diligence checks are completed
• Initial approval is granted
• Client travels to Malaysia to complete remaining steps (opening a bank account and fulfilling medical requirements) with the support of Destiny Migration Company
• Full approval is issued
• Client receives a long-term, multiple-entry visa