Malaysia premium visa programme (pVip)
Boxcube Travellers at Your Service
Discover the Malaysia Premium Visa Programme (PVIP), a pioneering initiative offering investors, entrepreneurs, and foreign talents the opportunity to reside in Malaysia for up to 20 years (or more). Enjoy the freedom of no age restrictions, no minimum stay criteria, and versatile privileges, including the ability to work, study, invest, and bring dependents along for the journey. Boxcube Travellers specializes in guiding applicants through the PVIP process, providing tailored support for individuals and families seeking to explore the benefits of PVIP residency.
With Boxcube Travellers by your side, embark on a seamless journey to life in Malaysia.
Income
RM40,000
monthly
Fixed Deposit
RM1,000,000
Participation Fee
RM200,000
Requirements
Why PVIP?
1.
No age restrictions for principal applicants.
2.
No physical presence or minimum stay is required for PVIP participants.
3.
PVIP participants enjoy rights similar to Malaysian citizens, including work, business, study, investment, and property purchase.
4.
The PVIP is valid for 20 years, extendable for an additional 20 years before expiry (20+20 years).
5.
PVIP participants can bring spouses, children, parents, and in-laws as dependents.
Why Malaysia?
Situated in Southeast Asia, Malaysia stands as a beacon of diversity and vibrancy, drawing people from all corners of the globe for various reasons. Here are several reasons why Malaysia is often considered an exceptional place to call home:
Why Choose
Boxcube Travellers?
Expert Guidance
With years of experience in travel management, our team of experts possesses in-depth knowledge of the Premium Visa Program requirements. We provide personalized guidance tailored to your specific needs, ensuring every aspect of your application is handled with precision.
Dedicated Support
At Boxcube Travellers, we understand that applying for a premium visa can be daunting. That's why we offer dedicated support every step of the way. From initial consultation to document preparation and submission, our team is committed to simplifying the process for you.
Efficient Processing
With our streamlined approach and attention to detail, we expedite the processing of your Premium Visa Program application. Our goal is to minimize waiting times and maximize your chances of approval, allowing you to embark on your Malaysian adventure without delay.
Comprehensive Services
Beyond visa assistance, Boxcube Travellers provides a range of services to enhance your travel experience. From itinerary planning and accommodation bookings to transportation arrangements and local insights, we offer various tour packages to enhance your experience.
Frequently Asked Questions
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What is the 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.
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What are the benefits of PVIP?The benefits of PVIP include no age limits, up to 20 years of residency with Multiple Entry Visa facilities, permission to work and conduct legal business activities, the ability to study, purchase real estate, and invest in permitted fields. Additionally, participants can be accompanied by spouses, children, parents, and foreign domestic helpers.
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What are the application requirements for PVIP?To qualify for PVIP, applicants must earn an offshore income of RM40,000.00 per month or RM480,000 per year, open a fixed deposit account of RM1,000,000 with a licensed bank in Malaysia, pay participation fees, and apply through an authorized agency appointed by the Immigration Department of Malaysia.
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Can I work in Malaysia under PVIP, and are there any limitations?Yes, PVIP holders can work in any company in Malaysia without the need for an additional employment pass, as long as it complies with Malaysian law.
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Can I or my dependents study in Malaysia under PVIP?Yes, PVIP holders can study in Malaysia without age limitations and without the need for an additional student pass.
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How long is the processing time for PVIP Malaysia applications?Processing times for PVIP Malaysia applications vary but typically range from 3 to 6 months.
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What are the financial criteria?To provide bank statement(s) showing proof of having an offshore income of at least RM 40,000 monthly, or RM 480,000 annually. To have a fixed deposit account of RM 1,000,000 with no withdrawals allowed on the principal in the first year. To pay the participation fees of RM 200,000 for the Principal Applicant and RM 100,000 for each dependant upon application submission.
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Can the RM 1 million investment be used to invest in property instead of being placed as a fixed deposit?No, the RM 1 million must be placed as a fixed deposit in a bank with no withdrawal allowed for the first year. However, after a year, RM 500,000 can be withdrawn for medical, education, and real estate purposes.
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Will I lose my current citizenship when applying for PVIP?No, applying for PVIP is a visa application and does not result in loss of citizenship.
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What is the definition of dependent(s)?Dependents under PVIP Malaysia are individuals who are related to the Principal Applicant and are eligible to accompany them under the visa program. Dependents include: Spouse(s) of Principal Applicant Child(ren) below 21 years old (Biological children, Stepchildren & Legally adopted children) Disabled Child(ren) (Regardless of age & Requires a letter of confirmation from a medical specialist or general practitioner) Parent(s) and in-law(s) of the Principal Applicant
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Can I bring my foreign domestic helper?Principal PVIP pass holders are permitted to bring in one domestic helper from their country of origin. However, this is subject to existing regulations governing foreign domestic helpers.
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What is the company tax rate in Malaysia?The company tax rate in Malaysia ranges between 17% - 24%.