Malaysia | Investor Pass introduced

The Malaysian government announced it will introduce a special pass for investors and expatriate groups.

Key Points:

• Effective April 1, a special pass for eligible foreign investors will allow individuals to enter Malaysia for six months, with an option to extend for another six months.
• Officials stated a multiple-entry visa will also be provided to holders of the special pass.
• Previously, foreign investors were issued only social visit passes valid for 14 to 90 days, depending on their country of origin.

Additional Information: Applications can be made via the Xpats Gateway, and further information is available on this website. The new pass is designed to enhance the efficiency of the entry process and facilitate longer stays for eligible nationals who the government believes will support business and investment activities.

This alert has been provided by the BAL Global Practice Group.

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