In a recent report, OECD data suggests that the number of Indians moving overseas is growing fast, reaching nearly 20 lakh Indians who will settle abroad by the end of 2025.
This list mostly includes 4,300 millionaires and 2 million students.
Malaysia Emerging As Top Choice Of Country For Settling Abroad
So far, the US, Dubai, and Saudi Arabia continue to be top choices but now Malaysia is quickly emerging as a strong alternative.
And why not! When it comes to the Malaysian visas, they are now available starting at just ₹11,000. Hence, positioning it among the most budget-friendly choices for applicants.
Besides the cost, there are many other factors which are attracting the crowd towards Malaysia.
For instance, Skyscrapers of Kuala Lumpur, Cultural richness of Penang, Natural beauty of Batu Caves some of them.
When it comes toi Malaysia, this country offers a balance of modern living and natural escape.
If you are an Indian then you have the option to apply for Permanent Residence (PR) which comes with certain Permanent Residence (PR) Benefits which are listed below.
- Indians can live, work, and study in Malaysia without time limits
- Indians can access public healthcare and education
- Indians can also enjoy the local benefits similar to citizens
While Indians can enjoy saveral benifits, but the PR holders cannot vote reportedly.
Who Can Apply For Malaysia PR?
- Skilled Professionals – Individuals who have been employed legally in Malaysia for over 5 years
- High Net-Worth Investors – Those who maintain a deposit of USD 2 million (~₹17.4 crore) in a Malaysian bank for 5 years
- Experts – Professionals with recognised expertise in fields like medicine, science, technology, or the arts
- Spouses of Citizens – Indians married to Malaysian nationals, after completing 5 years of residence
- MM2H Visa Holders – Participants of the Malaysia My Second Home program, offering eligibility after 10 years of residence
Steps To Apply For Malaysia PR
- First of all verify the eligibility and gather required documents such as passport, proof of employment or investment, marriage certificate, and recommendation letters.
- Now you can file the application at the Malaysian Immigration Department or local district office.
- You can apply by paying processing fee of RM 500 (~₹10,400) and then wait for assessment (2–5 years).
- After getting the approval, you need to pay PR entry fee of RM 1,500 (~₹31,200) and get a MyPR card.
It appears that Malaysia is quickly becoming a favourite destination for Indians who are looking to settle abroad considering its low-cost visa, cultural appeal, and long-term PR benefits.
