Kuala Lumpur: The Immigration Department of Malaysia is set to streamline the application process for the Long-Term Social Visit Pass for Business Visitors or Foreign Investors, known as the Investor Pass, starting April 1. This announcement was made by the department’s director-general, Datuk Zakaria Shaaban.

According to BERNAMA News Agency, the new process will receive backing from investment agencies and will feature an end-to-end online system for the verification, approval, and issuance of the Investor Pass. “This initiative is expected to enhance Malaysia’s investment ecosystem while maintaining security screenings for prospective investors,” Datuk Zakaria Shaaban stated in a press release.

Zakaria elaborated that the Investor Pass will allow business visitors and foreign investors to reside in Malaysia for a period of up to six months, with the possibility of a six-month extension based on justification and necessity. Additionally, pass holders will be eligible for a Multiple Entry Visa, facilitating easier access for business activities.

The announcement follows a statement made by Home Minister Datuk Seri Saifuddin Nasution Ismail on March 6 during the Minister’s question time in the Dewan Rakyat. He revealed that a special pass for investors and expatriates will be launched on April 1, aimed at extending their stay in Malaysia for business and investment purposes.

Saifuddin also mentioned that the special pass will be available through a single-window system to simplify the entry process, with all applications to be processed electronically. More details can be found on the Expatriate Services Division website of the Immigration Department at https://esd.imi.gov.my/.