Malaysia will introduce a special pass for foreign investors and expatriates starting April 1, allowing extended stays to better manage their investments and enhance business opportunities.
In a move to attract and retain foreign investors, Malaysia will roll out a special pass for investors and expatriates on April 1, granting foreign nationals a six-month stay with an option to extend for another six months.
Home Minister Datuk Seri Saifuddin Nasution Ismail announced that the Multiple-Entry Visa (MEV) will be included with the special pass, significantly improving the current system, which only allows social visit passes ranging from 14 to 90 days, depending on the investor’s country of origin.
“This initiative is aimed at providing flexibility for investors to stay longer in Malaysia to manage their investments. The passes will be issued electronically,” Saifuddin stated during Parliament’s Minister’s Question Time on March 6.
Applications for the special pass can be made via the Xpats Gateway platform, with more information available on the official website: https://xpatsgateway.com.my/.
The introduction of this pass aligns with Malaysia’s efforts to improve the ease of doing business and attract higher foreign investment, allowing investors and expatriate groups to better navigate the local business climate.
“This is a new initiative that will help facilitate expatriates living here. The faster and more efficient the application process, the more attractive Malaysia becomes as a business destination,” Saifuddin added.
With this move, the government aims to strengthen investor confidence, enhance Malaysia’s competitiveness, and support long-term economic growth.
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