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 The Program | Eligibility | Why Malaysia | Investing in the Manufacturing Sector | How To Apply | Further Enquiries
The Program
The "Malaysia: My Second Home" program allows people from all over the world, who fulfil certain criteria, to stay in Malaysia as long as possible on a social visit pass with a multiple entry visa. The Social Visit Pass is initially for a period of 5 years and renewable.
Who is Eligible To Apply?
This program is open to all citizens of countries recognized by Malaysia, regardless of race, religion, gender or age.
The applicant must prove a minimum fixed deposit of RM150,000 with any Malaysia financial institution AND have a monthly offshore income equivalent to at least RM7,000 if with a spouse. If an applicant is above 50 years old, he has only to prove a fixed deposit of the same amount OR a monthly income as stated.
Other Conditions- Having a reputable sponsor can be a help. However, this condition is not required if the financial background and status of the applicant satisfies the Processing Officer.
- To have a medical report from any recognized hospital.
- A medical health insurance valid in Malaysia
- The successful applicant cannot seek gainful employment in Malaysia unless he possesses special expertise and obtains the permission of the Malaysia government.
Why Malaysia?
Government support
Standard of living
Cost of living
Weather
Infrastructure
Political Stability
Rule of law
Safety
Religion
Culture and language
Education
Medical facilities
Residence
For Those Who Want to Invest in the Manufacturing Sector
Malaysia' rapid industrialization over the last three decades has attracted foreign direct investment from over 40 countries covering the following: - . Promoted activies and products which are eligible for consideration of pioneer status and investment tax allowance
- . Promoted activities and products for high technology company
Promoted sectors include electrical and electronics products, chemicals and chemical products, petroleum products, transport equipment, machinery equipment, iron and steel, supporting products and services, pharmaceutical and related products, software engineering and textile products. Currently, Malaysia is host to more than 3,000 foreign manufacturing companies, which have expanded and diversified their operation over the years.
Among the factors which have attracted these foreign companies, inter-alia includes the granting of expatriate posts to foreign companies based on the following criteria: - . A company with foreign paid-up capital of US$2 million and above will automatically be allowed five expatriate posts including key posts (permanently reserved posts for foreigners) as long as the foreign interest remains in the company. Additional expatriate posts will be allowed upn request and when necessary.
- . For companies with foreign paid-up capital of less than US$2 million, key posts can be considered where the foreign paid-up is at least RM500,000. This figure, however, is only a guideline and the number of key posts allowed depends on the merits of each case.
For further details on investment in the manufacturing sector, please contact:
Malaysia Industrial Development Authority (MIDA)
Level 5, Plaza Sentral
Jalan Stesen Sentral 5
Kuala Lumpur
Malaysia
How To Apply
Application can be made direct to:
Department of Immigration Malaysia
Block 1 (North), Level 4, Damansara Town Centre
50550 Kuala Lumpur, Malaysia
Any Malaysia Representative Offices overseas or Tourism Malaysia Offices
Applications can also be made through agents, lawyers and others.
Application must include two (2) passport-size photographs of the applicant, spouse and accompanying children together with relevant supporting documents.
Approval
Under normal circumstances, all applications that fulfil the criteria should be processed an approved within 30 days after submission of the application.
Further Enquiries
For further enquiries regarding this program, participants can contact:
Ministry of Culture, Arts and Tourism, Malaysia
Tourism Division
Level 33, Menara Dato' Onn
Putra World Trade Centre
45, Jalan Tun Ismail
50694 Kuala Lumpur Malaysia
| Tel | 603-2693 7111 | | 603-2696 3133 | | 603-2696 3132 | | Fax | 603-2694 1146 | | 603-2693 2399 | | Website | www.mocat.gov.my |
Ministry of Home Affairs, Malaysia
Block D1, Parcel D
Federal Government Administrative Centre
62546 Putrajaya, Malaysia
Department of Immigration, Malaysia
Block 1 (North), Level 4
Damansara Town Centre
50550 Kuala Lumpur, Malaysia
| Tel | 603-253 9181 | | 603-254 5096 | | 603-254 5108 | | Fax | 603-252 4911 | | 603-256 2340 | | Website | www.immi.gov.my |
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