What are the differences between Malaysia My Second Home (MM2H) and Premium Visa Programme (PVIP)?
MM2H (after December 2021) | PVIP | |
---|---|---|
Monthly income proof | RM40,000 | RM40,000 |
Liquid assets proof | RM1.5 million | No mention |
FD to place in Malaysia | RM1 million | RM1 million |
Min. stay in Malaysia | 90 days | No mention |
Duration | 5 years renewable (No limit renewable) | 20 years (5 + 5 + 5 + 5) |
Application fee | RM5,000 + RM2,500 for each dependent | RM200,000 + RM100,000 for each dependent |
Visa fee | RM500 per year | RM2,000 per year |
Applicant age | 35 and above | No age limit |
Do business in Malaysia | Approval letter mention can work but with condition | Can work and do business |
Purchase property | Free to purchase property with follow state government of foreigner buying threshold | Free to purchase property with follow state government of foreigner buying threshold |