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Malaysia My Second Home:
This program is promoted to foreigners that meet a particular set of criteria, often for a period of ten years and renewable. This allows foreigners to bring their spouse, parents and children.
This permit is issued to foreigners looking for a long term social visit in Malaysia. Duration of stay is anywhere between 5 and 10 years with a multiple entry visa. However, foreigners are not allowed to work in the country.
All professional employment permits and passes should be applied for and related to local legal entities in Malaysia. These include:
• Private limited company
• Representative office
• Regional office
Private Limited Company:
The company is required to have at least two resident directors with a completely paid minimum capital of RM250,000. Additional requirements may be given such as specific licenses, additional fully paid capital, and a minimum Malaysian or Bumiputera equity depending on the number of employment passes needed and the activities of the company.