PVIP : Conditions and Procedures
Conditions for the Premium Visa NEW
| Proof of Income | Monthly Salary of MYR 40,000
or MYR 480,000 |
| Fixed Deposit | Post Approval, the applicant is required to maintain a fixed deposit account with a Malaysian Bank.
Fixed Deposit Amount : MYR 1,000,000 |
＜Withdrawal of Fixed Deposit＞
The applicant may withdraw up to 50% of the fixed deposit if they meet the following conditions.
- The applicant has spent at least MYR 500,000 on real estate, vehicles, school fees, or medical fees, AFTER obtaining the PVIP Visa.*
- One year has passed since the applicant has obtained the PVIP visa.
* The applicant must spend a cumulative minimum of MYR 500,000 in any category after obtaining the PVIP Visa before requesting a withdrawal.”
★The remaining MYR 500,000 must be maintained during the duration of the visa.
| # | Document | |
| 1. | Passport Copy (All Pages) | Must have a validity of above 24 months. |
| 2. | Marriage Certificate (If applicable) | Document indicating legal marriage status. |
| 3. | Birth Certificate (If applicable) | Document indicating time and place of birth of child. |
| 4. | Certificate of Good Conduct | Certification of a lack of criminal records from the police. |
| 5. | Proof of Income | Document indicating Combined income of MYR 40,000/month. |
| 6. | Bank Statement | Document indicating income equal to or above MYR 480,000 from the past 12 months. |
| 7. | Passport-Sized Photos x 2 | Blue background, 5.0 cm (H) x 3.5 cm (W). |
| 8. | Resume | Simple document stating past employment and education history. |
| 9. | Certificate of Employment | Confirmation of current employment status with company letterhead and seal. |
| 10. | PVIP Application Form | This document will be prepared by our staff. |
| 11. | IM 12 | This document will be prepared by our staff. |
| 12. | Medical Form 1 | A form filled by a doctor from the applicant’s country of residence. |
PVIP Application Steps and Procedures
| 1 | Inquiry | The main applicant schedules for a consultation with Cosmos Plan Japan Ltd or Tropical Resort Lifestyle Sdn Bhd, and expresses the intent to Apply for the PVIP Visa |
| 2 | Nomination of Agency | The main applicant submits the relevant application documents and agreements for the review of Cosmos Plan Sdn Bhd’s Director. |
| 3 | First Agent Payment | After approval from the Director, the main applicant will pay make payment for the first stage agency fees. |
| 4 | Submission of PVIP Application documents | The Main applicant will submit the relevant application forms and supporting documents with the assistance from the Agent. |
| 5 | Issuance of Approval letter | The review of documents will be completed in approximately 3 months after the final submission of documents, an approval letter will be issued if the applicant passes the review. |
| 6 | Second Agent Payment | After the issuance of the approval letter, the main applicant will make payment for the second stage agency fees. |
| 7 | Post approval |
The main applicant will create the MYR 1,000,000 fixed deposit and undergo a basic health examination to complete the final requirements of the visa. * |
| 8 | Issuance of Visa | The main applicant’s passport will be provided to the department of immigration for the issuance of the visa. |
* Applicants or dependents below 60 years old will be required to purchase health insurance applicable to Malaysia.
The approval letter will be rescinded 6 months after the date of issuance if the application is not completed.