TALENTCORP: RESIDENCE PASS WILL HELP ATTRACT LONGER COMMITMENT FROM EXPATS

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KUALA LUMPUR, April 4 (Bernama) -- The newly-introduced Residence Pass will

help facilitate top foreign talent to commit to Malaysia for a longer term and

contribute to the country''s development, Johan Mahmood Merican, Chief Executive

Officer of Talent Corporation Malaysia Bhd (TalentCorp), said today.

The Residence Pass is a new immigration instrument, which offers a longer

tenure of five to 10 years to reside and work in Malaysia, if compared to the

Employment Pass, which is currently held by most expatriates.

Johan said the Residence Pass, which was launched by Home Affairs Minister

Datuk Seri Hishammuddin Tun Hussein last week, also provided greater flexibility

"as it is personal to holder and not tied to a specific employer."

The Residence Pass will also be issued to the spouse and children below 18

years old of successful applicants. This will enable the spouse of successful

applicants to work in Malaysia as well.

In a statement, Johan said the implementation of the Residence Pass was in

line with TalentCorp’s mission to address the talent needs of Malaysia’s

economic transformation.

He said the fulfilment of Malaysia''s aspirations to emerge as a high income

economy by 2020 required a diversity of talent and therefore initiatives were

being made to attract both Malaysian professionals working abroad and highly

qualified foreign talent.

As such, the introduction of the Residence Pass would "help facilitate top

foreign talent to commit to Malaysia for a longer term and contribute to our

development”, he said.

For the initial phase of implementation, applicants for the Residence Pass

must currently hold a valid Employment Pass.

The Residence Pass is targeted at world-class talent. To secure approval,

applicants must demonstrate a high level of professional achievement, supported

by possession of relevant qualifications and work experience, especially in key

economic sectors as identified under the Economic Transformation Programme

(ETP).

Johan said TalentCorp, which spearheads Malaysia''s initiative to attract,

nurture and retain world-class talent, would like highly qualified expatriates

in Malaysia to apply for the Residence Pass online at

http://www.expats.com.my/rp.

-- BERNAMA

SHY TOM

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