Residency Schemes in ASEAN – Eligibility Requirements

By: ASEAN Briefing, Dezan Shira & Associates

Posted: 24th August 2018 08:42

Obtaining a long-term residency status is a cumbersome process for foreigners in ASEAN. The regulations and procedures vary significantly between the countries, and can sometimes be an expensive affair. 

In this article, we give an overview of the permanent residency and other schemes available for foreigners wishing to reside in any of the following ASEAN states.

Cambodia

Cambodia does not offer permanent residency as its ordinary visa can be extended indefinitely. As a result, foreigners who wish to stay in Cambodia for a long period may either obtain and extend their business or ordinary visas, or apply for Cambodian citizenship.

A Business/Ordinary Visa (E) allows foreigners to stay for up to one month and can be easily extended for three months, six months or 12 months. Business visas are the most popular way to reside long-term in Cambodia.
Cambodian citizenship can be applied for at the Ministry of the Interior, which normally takes two to three months to process. Eligible foreigners include those who:
Indonesia

A permanent stay permit or KITAP is issued to foreigners for a period of five years and can be extended for an unlimited period unless it has been canceled. Eligible candidates include:
Laos

Laos does not offer any form of long-term visa for non-citizens. Eligible applicants for the permanent residency status include the following:
Malaysia

To attain a long-term residency status in Malaysia, foreigners may either obtain a permanent visa or choose the Malaysian residency program. 

According to the Malaysian government, the following categories of foreigners are eligible for the permanent residency status in the country.
Besides, foreigners may stay in the country with a long-term visa through ‘Malaysia My Second Home (MM2H) Program’. The program offers foreign nationals a long-term 10-year multiple entry renewable visas, provided the applicants fulfill the medical and financial requirements of the program. This includes showing financial proof of minimum liquid assets worth a minimum RM500, 000 (US$ 122023) and offshore income of Rm10, 000 (US$2440) per month for applicants under 50-year-old; and RM 350,000 (US$ 85416) in liquid assets along with offshore income of Rm10,000 US$2440) per month for applicants over 50.

Myanmar

Following the announcement of Permanent Residence of a Foreigner Rules in 2014, permanent residence is initially granted for a period of five years, which is extendable thereafter, on annual basis.

Eligible applicants include
Philippines

To acquire a permanent residency status in the Philippines, a foreigner must be legally married to a Filipino or a former Filipino citizen. In addition, the applicants must submit and fulfill the following requirements.
Alternatively, foreign nationals may opt for one of the following visas to acquire long-term residency in the country. 

The Special Resident Retiree’s Visa (SRRV)

The SRRV permits foreigners and overseas Filipinos above 35 years of age to stay indefinitely in the country with different specific requirements; and

The Special Investors Resident Visa (SIRV)

The SIRV entitles foreigners investing in profitable economic activities to reside indefinitely in the Philippines, granting multiple entry privileges, for a period as long as the required qualifications and investments are still valid. The SIRV program requires investors to remit at least US$75,000 into the Philippines.

Singapore

Foreigners seeking permanent residency in Singapore must first obtain an Entry Permit – an application for Singapore Permanent Residence. This is available to the following categories of foreigners.
Singapore residence visa is also available for the following categories of foreigners.
Application process and requirements differ for each of the categories of applicants.

Thailand

Foreigners eligible for permanent residence in Thailand include individuals who:
Applicants must hold a Thai non-immigrant visa for three years or more prior to the application.
Editor’s Note: The article was first published on June 25, 2015 and is updated on August 16, 2018, as per latest developments.

This article was first published on ASEAN Briefing.

Since its establishment in 1992, Dezan Shira & Associateshas been guiding foreign clients through Asia’s complex regulatory environment and assisting them with all aspects of legal, accounting, tax, internal control, HR, payroll, and audit matters. As a full-service consultancy with operational offices across China, Hong Kong, India, and ASEAN, we are your reliable partner for business expansion in this region and beyond.

For inquiries, please email us at asean@dezshira.com. Further information about our firm can be found at: www.dezshira.com.

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