In 2017, Malaysia was ranked as the number one country for investment. Additionally, it boasts the world’s best healthcare system. English is widely spoken, and the country has a highly skilled workforce. These factors make Malaysia an excellent choice for starting or expanding a business.
Name of visa/program: Malaysia Tech Entrepreneur Programme
Duration of visa: 1 year(renewable) / 5 years, includes family.
Average duration until acceptance: 1 month
Cost: MYR 2,650 – MYR 5,300
URL: Program Link
MTEP is a specially designed pass to attract tech startup entrepreneur, experience tech entrepreneur and investor to work or invest in tech industries in Malaysia. Malaysia offers 1-year pass for New Entrepreneurs and a 5-year pass for Established Entrepreneurs or Investors along with dependents.
Requirements
• BUSINESS PITCH DECK -Information that describes your proposed business idea, market opportunity and plans in securing funding
• FINANCIAL TECH RECORD – 3 months personal bank statement (minimum amount of RM50,000 but not limited to Malaysian banks)
• CERTIFICATE OF GOOD CONDUCT – A document issued from the embassy or enforcement agency that states of no criminal record of an applicant in their residing country
• SPONSOR – Personal bond document signed by Malaysia Digital Hubs or MTEP recognized partners and Letter of Offer or Tenancy Agreement from any Malaysia Digital Hubs or MTEP recognized partners
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