PVIP holders may withdraw up to 50% of their fixed deposits if they have incurred expenses related to real estate purchases, education fees, or medical costs in Malaysia, starting six months after obtaining PVIP status on their passport.
| Initially deposited fixed-term deposit amount | Withdrawable Amount | The amount of money kept in a fixed-term deposit | |
| Fixed Deposit for Private Banking Clients | RM1,000,000 | Up to RM500,000 | RM500,000 |
Step 1
Required Documents
- Copy of passport photo page
- Copy of PVIP visa
- Copy of approval letter
- Copy of fixed deposit certificate
- Latest bank statement (must be certified by the bank)
- Latest PVIP fixed deposit certification letter from the bank
- Original Sales Purchase Agreement (SPA) for the property purchase *Our company will arrange for notarization by a law firm
- Invoice and receipt for the property purchase payment
- Fixed Deposit Partial Withdrawal Application Form (prepared by our company)
After obtaining the required documents, our staff will submit the application to the PVIP Immigration Bureau on your behalf. (Processing time: approximately 2 weeks to 1 month)
Step 2
After approval for partial withdrawal is granted, we will obtain the approval letter and provide it to you.
※ The approval letter is valid for 3 months. Please complete the bank procedures for the fixed deposit within this 3-month period.
Application Fee
RM2,500+SST8%
If bank accompaniment is required, an additional fee of RM300 + 8% (up to 2 hours per visit) applies.
Please inform us if this service is needed.
