Beyond Borders: Securing Your Permanent Residence In Malaysia

People who want to live in Malaysia can get a residence permit through an entry pass and this entry pass is issued by the Malaysian government to certain categories of foreign nationals. while receiving Malaysian permanent residency you get an entry permit and identification card. The  Malaysian residence permit is a legal compulsion that should be fulfilled by the applicant to live in Malaysia. There are many aspects that applicants should know before applying and in this blog, we will discuss on same such as the eligibility required for Malaysian Permanent Residence, qualifications required for Malaysian Permanent Residence and How to apply for it etc.

What Is Malaysian Permanent Residence?

A Malaysian Permanent Residence enables people from foreign countries to live and work in Malaysia freely for a maximum of 20 years along with investors, foreigners, and entrepreneurs can work and study in Malaysia with this Malaysian Permanent Residence.

Eligibility Criteria For The Malaysian Permanent Residence

Before applying for the Malaysian Permanent Residence it is necessary for an applicant to check the eligibility criteria as it is important to match eligibility criteria. below given points define the eligibility criteria for the Malaysian Permanent Residence-

There are categories to get a Malaysian Residence Permit as elaborated below:

Investors

If you have a high net worth then you can get a Malaysian Permanent Residence by depositing US 2 Million Dollars there is one more thing which is you can’t withdraw this amount before five years, after the five years applicant’s children and husband will also become eligible for the Malaysian Permanent Residence.

Professionals

Eligibility required for the professionals are-

• You must have worked for at least of last three years in a Malaysian Agency or in any private organisation.
• Applicant should be recommended by a Malaysian authoritative agency related to your field
• You should have a certificate of good conduct from your home country

Experts

If you are a person with world-class skills and talent recognised for the same by any international organisation then you are eligible for the Malaysian Permanent Residence-

• Receive a character certificate of positive result from the Malaysian authoritative agency.
• Receive a recommendation from a Malaysian authoritative agency related to your field.

Through a point based system

If anyone does not qualify for the above-mentioned criteria then the Malaysian government gives another alternative way also such as:

If you have been living in Malaysia with a Malaysian work permit for several years and also satisfy other certain conditions to qualify.

There are certain categories on which the Malaysian Point-based system adds up points for the Malaysian Permanent Residence-

• Your Qualification
• Your Age
• The duration of your stay in Malaysia
• The value of your investment
• Your work experience in Malaysia
• How familiar you are with  Malaysian work permit
• Your work experience in Malaysia
• Your proficiency in Bahasa Malaysia

Read About the Cost Of Living In Malaysia

Documents Required For Permanent Residence In Malaysia

A list Of the documents required for the Malaysian Residence Permit is given below and with this, all the applicants are required to collect all the documents before applying for the PR-

• Application form (FormIMM.4) will be required
• Two passport-size photos of the applicant will be required
• A personalised cover letter will be required
• Recommendation by the relevant Agency in Malaysia 
• A Marriage Decree Letter for the spouse who is a Malaysian citizen
• Photocopies of Employment passes will be required if applicable 
• Photocopies of Marriage Certificates will be required if applicable
• Photocopies of the birth certificates of your children if applicable
• A complete copy of your passport will be required
•  Any additional proof to support your document such as proof of funds, medical insurance coverage etc.

Read About Malaysia Visa Requirements

How To Apply For The Malaysian Permanent Residence?

To apply for the application of Malaysian Residence Permit follow the below-mentioned process-

• Collect all your required documents and attach them with the application.
• Applicants have to apply for the application personally not via online or mail at the Immigration Department of Malaysia in Putrajaya.
• After the submission of the application applicant has to attend an interview with the Immigration department.

Read About Malaysian Visa processing time

What Is MM2H(Malaysia My Second Home)?

Another type of permanent residence is the Malaysia My Second Home Program which enables you and your family the residence and free travel allowance.

 A candidate is eligible to get the MM2H residence if he/she is able to successfully show that they have sufficient financial funds to bear the cost of living there.

• If the candidate is over 50 years old then they must have liquid assets of 135,000 Dollars and 3,000 Dollars from pension or from another income source. 
• Candidates are also required to open a Malaysian bank account and deposit 40,000 Dollars and from this amount, the candidate can withdraw 13,000 Dollars to use Malaysia with this you have to maintain an amount in the bank account which is 27,000 all the time.

If the candidate is under the age of 50 years then you must have access to the assets of 135,000 Dollars and at least you must have. 

Cost To Apply For The Permanent Residence In Malaysia

The cost for the Malaysian Permanent Residence includes the fee structure, talent assessment, visa and other charges. the application fee for the Malaysian PR is RM 500 which is 8,788 Rupees. The cost to apply for the Malaysian Permanent Residence is mandatory for all to pay.

Benefits Of Malaysian Permanent Residence

Having a Malaysian Permanent Residence does not give you all the benefits of a Malaysian citizen such as involvement in political and government issues and voting-

• Without applying for the Employment Permit one can change employment and employers.
• You can start your own business
• You can buy property
• Without a visa, you can travel in Malaysia freely
• You do not have to renew your permit for a few years

FAQs

Here we end our article which was about Permanent Residence In Malaysia and to get more information about the permanent residence of different countries or visa abroad you can follow Leverage Edu’s page. 

Relevant Reads:

UK Visa Requirements for Indians	Is it Easy to Get a PR in the UK?
Permanent Resident Visa Canada	Tier 2 Visa UK – A Comprehensive Overview
A Practical Guide to USA Work Permits	UK Spouse Visa: Fees, Documents, Rules
How to Get a PR in France?	Super Priority Visa UK