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Residence and Citizenship by Investment

Malaysia is one of Asia’s most vibrant economies due to its continued industrial growth and political stability. After gaining independence, Malaysia joined the British Commonwealth. A member of the UN and APEC, it is also a founding member of ASEAN. Malaysia offers excellent beaches, breathtaking scenery, and dense rainforests.


Residence by Investment Overview

The Malaysia My Second Home Program and Premium Visa Program both allow foreign nationals who fulfill certain criteria to reside in Malaysia on a long-term multiple-entry visa.

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Minimum investment of MYR 1 million (approximately USD 230,000)


Processing time

Three–six months


Key benefit

A 10-year multiple-entry visa enabling the applicant and their family to live in Malaysia

Acquire Malaysian Residence

The Government of Malaysia enables applicants and their families to live in the country through the Malaysia My Second Home (MM2H) Program or the Premium Visa Program (PVIP). In exchange for an investment into the country, successful applicants are granted a long-term multiple-entry visa.

The MM2H visa is a 10-year, multiple-entry visa. MM2H applicants must be at least 35 years old. Main applicants and their spouses must spend 90 days per year in Malaysia (children, parents, and parents-in-law are exempt from this requirement).

The PVIP visa is a 20-year, multiple-entry visa, issued in five-year tranches. PVIP applicants can be of any age and may work and run a business in Malaysia. They are not required to reside in Malaysia.

Benefits of Malaysian residence by investment

  • Straightforward, efficient residence by investment programs
  • Long-term, multiple-entry, renewable visas
  • Ability to include a spouse, parents, parents-in-law, and children who are not married and under 21 years old
  • Multicultural population and contemporary way of life
  • Option to purchase any number of residential properties, from MYR 300,000 (approximately USD 70,000) to MYR 1 million (approximately USD 230,000), which varies from state to state
  • Taxation only levied on income sourced in Malaysia, and an extensive network of double tax agreements in place

Requirements of both the MM2H Program and the PVIP

To acquire Malaysian residence under either program, upon application submission, foreign nationals must:

  1. Demonstrate the capability to support themselves financially in Malaysia without seeking employment or government assistance by submitting proof of offshore income worth a minimum MYR 40,000 (approximately USD 10,000) per month.
  2. Submit proof of bankable assets worth a minimum MYR 1.5 million (approximately USD 350,000).

Upon approval, successful applicants:

  1. Must invest MYR 1 million (approximately USD 230,000) plus MYR 50,000 (approximately USD 12,000) per dependent spouse or child into a local fixed deposit account. This investment must be maintained throughout the applicant’s stay in Malaysia under the programs.
  2. May withdraw up to MYR 500,000 (approximately USD 115,000) after the first year if they wish, for approved expenses relating to a house purchase, education for their children in Malaysia, or medical purposes.

Additional requirement of the PVIP 

For the PVIP only, upon application submission, applicants must additionally:

  • Pay a once-off application fee of MYR 200,000 (approximately USD 45,000) plus MYR 100,000 (approximately USD 22,000) per dependent.

Procedures and time frame of Malaysian residence by investment

The Malaysia Immigration Department will issue a conditional approval letter to each approved applicant. The MM2H visa does not allow its holders to work in Malaysia. Both the MM2H and PVIP visas do not lead to permanent residence.

After the MM2H or PVIP application for residence has been submitted to the Malaysian government and initial approval has been granted, the client can visit the country to complete the remaining requirements (namely, opening a bank account and fulfilling the medical requirements). Henley & Partners will assist with this process.

Thereafter, full approval will be granted and the applicant and their included family receive their long-term multiple-entry visas to Malaysia (10 years under the MM2H program and 20 years under the PVIP). The whole process takes three to six months.

Both the initial MM2H visa and the PVIP visa are valid for an initial period of five years and can be renewed thereafter.


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Should you have any questions, or if you would like a detailed breakdown of the exact costs for your family, kindly contact us and we will be delighted to help you.

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