What are the financial obligations for PVIP participants and their dependents?

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Financial Requirements for Malaysia's Premium Visa Programme (PVIP) Participants

The Premium Visa Programme (PVIP) requires principal applicants to meet specific financial criteria, including a substantial fixed savings account and a significant monthly income. Upon approval, a one-off participation fee and an annual pass fee are also mandated, with additional charges for dependents.
Minimum Income and Savings Thresholds

Principal applicants for the PVIP must demonstrate a minimum monthly income of RM40,000, equating to an annual income of RM480,000. Furthermore, they are required to maintain a fixed savings account with a balance of at least RM1 million. This savings requirement allows for partial withdrawal after one year, with up to 50% of the funds accessible for purposes such as purchasing real estate or covering health and education expenses.
Participation and Dependent Fees

A one-off participation fee of RM200,000 is levied on the principal applicant. For each additional dependent included in the application, such as a spouse, children, parents, or parents-in-law, a fee of RM100,000 per person will be charged. These fees are separate from the ongoing costs associated with the visa pass itself.
Annual Pass Fee and Other Requirements

Beyond the initial financial commitments, participants in the PVIP will be subject to an annual fee of RM2,000 for the visa pass. In addition to these financial obligations, all participants and their dependents must furnish a certified Letter of Good Conduct (LOGC) obtained from their respective countries of origin as part of the application process.

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What are the financial obligations for PVIP participants and their dependents?

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