Starting April 1, Malaysia will roll out a new special pass aimed at attracting foreign investors and expatriates. The initiative is designed to streamline the entry process and facilitate longer stays for individuals involved in business and investment activities in the country.
Key Details:
The special pass will grant eligible foreign investors the ability to stay in Malaysia for six months, with the option for a six-month extension.
In addition to the special pass, a multiple-entry visa will also be provided to holders, allowing greater flexibility in travel.
Previously, foreign investors were issued social visit passes with validity periods ranging from 14 to 90 days, depending on their country of origin.
The new pass aims to simplify the entry procedure for foreign investors, enhance the country’s appeal as a business hub, and support economic growth through foreign investment. Applications for the pass can be made via the Xpats Gateway, and more information is available on the official website.
This move is part of Malaysia’s broader efforts to create a more investor-friendly environment and encourage international business engagements.
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