Talent Corporation Malaysia Berhad USA & Canada … · be disclosed to third parties without the...

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© All Rights Reserved. This material is confidential and property of Talent Corporation Malaysia. No part of this material should be reproduced or published in any form by any means, nor should the material be disclosed to third parties without the written consent of Talent Corporation Malaysia. Talent Corporation Malaysia Berhad USA & Canada Outreach September 2012

Transcript of Talent Corporation Malaysia Berhad USA & Canada … · be disclosed to third parties without the...

© All Rights Reserved. This material is confidential and property of Talent Corporation Malaysia. No part of this material should be reproduced or published in any form by any means, nor should the material be disclosed to third parties without the written consent of Talent Corporation Malaysia.

Talent Corporation Malaysia Berhad USA & Canada Outreach September 2012

2

1. Talent Roadmap 2020

2. Programme Details

3. General FAQs

Table of Contents

People First, Performance Now

New Economic Model

10th Malaysia Plan

National Transformation Policy 2011

2010

2010

2009

We are well on our journey towards Vision 2020

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ISSUES Insufficient

talent

Education System

Talent Availability

Productivity and Wages

Quality of Life

Constrained growth and investments

Fewer jobs

Talent leakages

We want to avoid a vicious cycle of fewer talent and a weakened economy…

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… and instead catalyse change to spur a virtuous cycle of investments, jobs and talent.

Education Review (MOE) &

Employability Blueprint (MOHE)

New Economic Model (NEAC) &

Strategic Reform Initiatives (PEMANDU)

Labour Law Reform (MOHR)

STRUCTURAL REFORMS

Increased growth and investments

Malaysia as talent hub

Government Transformation Programme

Enhanced talent availability

High income jobs, careers & quality of

life

Drive interventions and build partnerships with public and private sectors to enhance talent supply in critical areas

Achieve high-income status by building upon policy directions, strategies and programmes of the 10th Malaysia Plan

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Established in January 2011 to catalyse enhanced talent supply in the critical areas of the ETP

Acts as focal point on talent issues and develops

interventions for critical skill gaps

Mediates between private sector and Government

agencies for policy change

Focus on building collaborations with

employers to engage top talent

Implements catalyst initiatives, and refines policy

based on experience

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1

4

2

* Global Talent Index

3 1 4

2

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TalentCorp aims to address the talent shortages via 3 Strategic Thrusts

TalentCorp’s Mission Build effective partnerships and make a difference in addressing Malaysia’s talent needs to enable the country to

reach its aspiration of a high-income nation

Strategic Thrust 1 Optimise Malaysian Talent

Strategic Thrust 2 Attract & Facilitate Global Talent

Strategic Thrust 3 Build Networks of Top Talent

TalentCorp’s Aspiration Malaysia as global talent destination

Top 20 by 2020*

* Global Talent Index

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Enhance school-to-work

transition

Build platforms to optimise talent

Guidance for young talent to make informed decisions on career options aligned with

industry needs

Early exposure to real work environments

for a smooth transition to industry

Scholarship Management

Latent Talent

Human Capital Community

Raise career

awareness

MyLinE4E, e-Careers, Sector Focused Career Fair

Structured Internship Program, Upskilling

STAR, TAPS Retention & recruitment of women

HC Exchange

To ensure home-grown talent secure fulfilling careers

Strategic Thrust 1: Optimise Malaysian Talent

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Optimise Malaysian

Talent

Structured Internship Programme • Encourages companies to plan meaningful internships for local students. • Endorsed programmes are eligible for double tax deductions. • Aims to offer 12,000 internship placements in ETP sectors to local undergraduates. • A total of 175 industry partners have been endorsed including Sunway TES-UM-ACCA for Financial

Services.

Upskilling • Accelerate the development of talent pool for high value added jobs and make them industry ready • Upskilling programmes trained over 1000 graduates for careers in the E&E, Oil and Gas, Telco and IT

sectors. • Programs include FasTrack, High Income Talent Research Engineers (HITRSE) and and Technology

Specialist In Specific Domain Expertise (TeSSDE).

MyLinE4E • Collaboration with MoHE on MyLine, an online self-directed learning portal that is administered by

UTM. • TalentCorp will aggregate content from leading employers that aims to up-skill young Malaysians for

the workforce • Received cooperation and commitment from 10 companies namely, Accenture, Axiata, CIMB, EY,

Intel, Maxis, Maybank, Motorola, Telekom and PWC.

STAR & TAPS • Launched in August 2011 to enable JPA scholars to build careers in priority sectors of the GTP & ETP. • In 2011, 157 (+60) JPA scholars from top overseas universities secured placement with over 100

leading employers in private sector; 84 top JPA scholars were placed in key Government agencies.

Strategic Thrust 1: Accomplishments

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Optimise Malaysian

Talent

Sector Focused Career Fairs • A platform that brings industry and students together. • Aims to educate the public on career paths in NKEA sectors namely: O&G, E&E, IT, Telco, Biotech,

Finance, Accounting, Healthcare, Tourism, FMCG and Education. • Career Fairs organised for 2012 include collaborations with Jobstreet, IIUM, Sunway U, Graduan and

MMU.

Latent Talent • To develop policy interventions and / or public private collaborations towards promoting the return

and retention of women in the workforce.

Strategic Thrust 1: Accomplishments (cont’d)

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Facilitate returning talent

Enhance expatriate facilitation

Greater awareness of opportunities and collaborations via outreach and career fairs

Support for returning Malaysians interested in local career and business opportunities

Facilitate policies and top-notch services to top foreign talent

Returning Expert Programme (REP), Facilitating Returning Doctors

Residence Pass-Talent (RP-T), Employment Pass II (EPII)

Outreach, Career Fairs, MyWorkLife

To facilitate best global talent to complement the Malaysian talent pool

Strategic Thrust 2: Attract & Facilitate Global Talent

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Outreach to Malaysians abroad

Attract & Facilitate Global

Talent

MyWorkLife • An online guide on living and working in Malaysia has reached around 750,000 unique hits, with 50%

of visitors from US, UK, Aus, SG, since its launch on 17 January 2012.

Returning Expert Programme • To encourage more Malaysian professionals abroad to return & contribute to Malaysia’s economic

transformation. • 680 REP applications approved in 2011 with 1200 targeted for 2012 (900+ as of July) • REP profiles include senior management positions in leading Malaysian companies & MNCs in O&G,

Finance, ICT, Healthcare and Business Services sectors.

Facilitating Returning Doctors • MoU signed with MOH on collaboration in various areas, including facilitating registration of

returning doctors and joint outreach with private sector to engage with doctors abroad.

Career Fair Incentives • 39 Malaysian companies have participated in overseas career fairs attracting about 2,300 unique CVs. • 2012-2015 target is to have 70 companies participating, and attracting 4,000 CVs.

Residence Pass-Talent • Introduced in April 2011, offers top foreign talents a longer tenure of 10 years to reside & work in

Malaysia and contribute to ETP • Also extended to spouses, enabling them to work in Malaysia • Over 670 RP-Ts have been issued to top expatriates in leading companies like Shell, CIMB, Technip,

IBM, Petronas Carigali, Intel, Shell, Siemens & Standard Chartered, with 80% of recipients as top management / technical experts.

• Over 500 i-Pass offered to RP-T in October 2011 to ease their mobility.

Employment Pass II (EPII) • Employment Pass policy liberalisation enables longer tenure of top foreign graduates in local HEIs to

work and contribute to critical skill gaps in Malaysia.

Strategic Thrust 2: Accomplishments

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TalentCorp connects top talent to leading employers and to each other

Strategic Thrust 3: Build Networks of Top Talent

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Build Networks of Top Talent

Cross Fertilisation • To enhance model for subsequent batches for cross fertilisation / cross assignments in terms of

expansion of participating organisations, introduce cross mentoring; towards developing network of potential future leaders.

Global Diaspora Network • Directly engaged over 1,500 Malaysian professionals and students currently living abroad through its

outreach programmes. • Tap on network & experience of Malaysia diaspora to link overseas-based Malaysian investors and

professionals to ETP opportunities. • TalentCorp-Silicon Valley Nexus Workshop successfully connected Silicon Valley-based Malaysian

entrepreneurs with Malaysian businesses.

REP Club • To be launched in 2012.

PR-T and RP-T Community • Introduced in 2011.

Strategic Thrust 3: Accomplishments

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Malaysia as a global talent hub

Talent Roadmap 2020 is about the intended outcome.

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LET’S WORK TOGETHER !

www.twitter.com/TalentCorpMsia

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1. Talent Roadmap 2020

2. Programme Details

3. General FAQs

Table of Contents

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Sector Focused Career Fair – Local (SFCF)

Why do we have SFCF?

Sector Focused Career Fair aims to

educate public particularly students on the

choices of the career path available in the

11 sector namely; Oil & Gas, Electronics &

Electrical, IT, Telecommunication, Biotech,

Finance, Accounting, Healthcare, Tourism,

FMCG and Education. This is also a

platform to connect the industry to the

students.

The target group

Fresh Graduates

•Undergraduates •Year 1 to Year 4

•Young Professionals •1 year to 3 years

working experience

Public Career Fair

University

Who are involved with SFCF?

Demand Supply

Career Centre Industry

Universities Companies

Benefit of participating in SFCF?

Company

•Student resume database of the

participating universities.

• Direct access to the talent.

• ‘Employer of Choice’ branding.

• Closer relationship between industry and

university

• Opportunity to interview students.

University

• Direct relationship with the industry.

• Able to expose the student to the industry.

• Brand positioning for university talents

How to contribute/participate in SFCF?

Company

• Participate in University SFCF* (open a

booth).

• Be one of the content contributor.

• Be one of the content endorser.

University

• Sharing the student resume database

before the fair.

• Propose your university as next venue.

• Promote SFCF to your students.

2012 SFCF Event Calendar

Avenue (Type)

Date Sector

Focused

Jobstreet

(Public) 30/3 – 1/4 All

IIUM*

(University) 17/4 – 19/4

Engineering

& Finance

Sunway Uni*

(University) 26/4 Finance

Graduan

(Public) 29/6 – 30/6 All

MMU*

(University)

20/11 –

21/11 Engineering 18

Career Awareness for Undergraduates and Young Professionals

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What is SIP - Double Tax Deduction

Incentive

Objective of the Programme

The objective of this programme is to make

the internship experience for local IPTA and

IPTS students relevant to the industries, and

thus generating more employable graduates

to fill in the current shortage in corporate

Malaysia

• Cover min 10 weeks of duration

• State objectives and learning outcomes

• Define the monitoring and assessment

mechanisms

• Relevant to student’s field and

emphasize on technical, business and

personal competencies.

• Offer interns min cash or cash equivalent

monthly allowance of RM500

Qualifying Criteria (Structured Internship

Programme)

What Are The Expenses That Can Be

Claimed?

• Cash and cash equivalent allowance.

• Cost of training offered during the

internship programme

• Meals, transport and accommodation

allowances.

• Payment to the Outsourced Party

running or administering the programme

Qualifying Criteria (Company)

Talent Corporation Malaysia Berhad reserves the right to change the terms and conditions at any time

without prior notice.

A Company that hires first degree local

students from local institutions of higher

learning to undergo its structured internship

programme endorsed by TalentCorp is

eligible for double tax deduction for all

related expenses incurred on the interns

• Partnership or a company with a minimum

share capital of RM2.5 million

• Revenue – average RM21m for the past 3

years

• Headcounts for Manufacturing – min

100FTEs

• Headcounts for Non-manufacturing – 50

FTEs

• Years of establishment – min 5 years

(3- 5 years may be considered)

How to apply?

For details please visit our website:

• http://sip.talentcorp.com.my

• Enquiry: sip@ talentcorp.com.my

Please apply through on-line application at

• http://sip.talentcorp.com.my

Contact Us

Structured Internship Programme

Unleashing the Potential

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Upskilling Programme

Equipping Fresh Graduates for High Skilled Employment

As the nation moves towards a high income

economy by 2020, the Economic

Transformation Programme (ETP) via its 12

National Key Economic Areas (NKEAs) will

require significant numbers of entry level

talents of fresh graduates which possesses

technical skills required by the industry.

Why was the Upskilling Programme

created?

Who is the Upskilling Programme for?

The Upskilling Programme was introduced

to increase availability of local talents and

provide opportunity for employment of high

skilled jobs among local fresh graduates

with the objectives of:

• Provide industry ready entry-level talent

for high skill jobs; and

• Creating a world-class workforce in

Malaysia, especially in the context of the

ETP.

This programme is open to all final year

students , fresh graduates that fulfills

minimum criteria for high skilled jobs and

within 6 months after their graduation.

• Developing skill sets that are required by

the industry;

• Higher opportunity for employment in

high skill jobs;

• Enhance fresh graduates marketability ;

• Creating pool of local talents for high skill

jobs within NKEA frame work.

What are the benefits of the Upskilling

Programme ?

Who is eligible for the Upskilling

Programme?

Those eligible must fulfill the following

criteria:

Malaysian citizen;

Bachelor’s Degree holder with CGPA 3.0

and above

Fresh Graduates with not more than 6

months in the labour market ;

Able to contribute to the NKEAs in the

ETP;

Has the following academic

qualifications:

If there are any other enquiries, please

contact us at Talent Corp :

[email protected]

Tel: +603-7839 7000

Operating hours are 9 am to 6 pm

(GMT+8/Kuala Lumpur, Malaysia time)

(Mon - Fri)

For further enquiries on Upskilling

Programme

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Talent Acceleration in Public Service (TAPS) &

Scholarship Talent Attraction & Retention (STAR)

Optimising Scholarship Talent to help Drive Malaysia’s Transformation

Companies

Scholars

JPA Scholars

Government Private Sector

Support GTP

in Civil Service

Support ETP

in private sector

And more… Sign on at www.star.talentcorp.com.my

Talent Acceleration in Public Service (TAPS)

Optimising Scholarship Talent to help Drive Malaysia’s Transformation

TAPS aims to identify, source and nurture

talent for the Malaysian public service.

What is TAPS? Who is TAPS for?

It is a 2-year work-cum-development

training programme for selected high-

performing and high-achieving Public

Service Department (PSD/JPA) Scholars

who have recently graduated from top

universities worldwide. It is jointly organised

by the PSD together with the Razak School

of Government (RSOG) and TalentCorp.

TAPS is applicable to PSD scholars

selected by PSD and will be known as

TAPS Associate.

How does TAPS work?

For further enquiries

What are the benefits of TAPS?

Practical training in Host Organisations

with participation in the works and

projects of the Host Organisation;

Mentorship with senior leaders in the

Host Organisation;

The Associate will be given the chance

to assume high impact roles in special

projects;

At the conclusion of TAPS, Associates

will have the opportunity to be absorbed

into public service as permanent civil

servants.

The Scholars will be assigned to Host

Organisations consisting of Ministries,

government agencies and related bodies.

Phase 1: Selection

• Shortlisting and selection of PSD

Scholars;

• PSD Scholars notified of selection into

TAPS;

• Upon confirmation, known as TAPS

Associates.

Phase 2:

Acclimatisation

• Introduction to TAPS;

• Psychometric assessment;

• Customised Development training;

• Familiarisation with the public service;

• Contract of service signing.

Phase 3:

Placement

• Placed at Host Organisations for two 1-

year stints;

• Introduced to Mentors;

• Commence work & participate in Special

Projects;

• Inspired to be part of public service.

If there are any other enquiries, please

contact the TAPS Secretariat (RSOG) at:

[email protected]

Tel: +603-8888 4797

Fax: +603-8890 2090

Operating hours are 9 am to 5 pm

(GMT+8/Kuala Lumpur, Malaysia time)

(Mon - Fri)

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Scholarship Talent Attraction & Retention (STAR)

Optimising Scholarship Talent to help Drive Malaysia’s Transformation

A collaboration between the Public Service

Department (PSD/JPA) and TalentCorp, for

PSD Scholars to work with leading

organisations driving Malaysia’s Economic

Transformation Programme.

What is STAR?

Who is STAR for?

STAR is meant for Scholars who have not

been offered employment by the

Government (including recruiting authorities

other than Suruhanjaya Perkhidmatan

Awam) after graduation.

How does STAR work?

Programme Flow

STAR enables the Scholars to serve their

scholarship bond in the private sector.

STAR would also allow companies that are

participating in the ETP or a National Key

Economic Area (NKEA) to be part of the

STAR programme and have the opportunity

to tap into the pool of top scholars

sponsored by the Government.

What are the benefits of STAR?

For Scholars:

Developing their careers with the best

Malaysian employers;

Serve their scholarship bond with the

private sector.

For the private sector:

Tapping into a pool of previously

inaccessible high-achieving scholars

from world-class universities.

Step 1

Government hires selected Scholars. The

rest of the Scholars are released into the

STAR pool.

Step 2

TalentCorp grants Corporate Partners

(private sector companies who have

registered to be part of the STAR

programme) access to the Scholar pool.

Step 3

Scholars serve bond with Corporate

Partners.

Inform TalentCorp of offers made

Employ scholars and abide by programme obligations

Receive copy of JPA’s Letter of Instruction to scholars

Participate in TalentCorp events and reach out to scholars pre-graduation

Companies may begin selection and interview process, and may also offer at any time, but scholars cannot confirm acceptance until the waiting period is over.

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2

3

4

5

With effect from 1 November 2011, a 3-month waiting period* will be

imposed to allow Government the first right of refusal.

*Subject to change

Participating companies

If there are any other enquiries, please visit:

star.talentcorp.com.my

Or email:

[email protected]

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Returning Expert Programme (REP) (1/2)

Attracting and Facilitating the Return of Malaysian Professionals Abroad

As the nation moves towards a high income

economy by 2020, the Economic

Transformation Programme (ETP) via its 12

National Key Economic Areas (NKEAs) will

require middle- to high-level expertise, and

the Government aims to tap this expertise

via returning Malaysian experts.

Why was the REP created?

Who is the REP for?

The Returning Expert Programme (REP)

was introduced to facilitate the return of

Malaysian professionals from overseas with

the objectives of:

• Overcoming the shortage of expertise in

the country; and

• Creating a world-class workforce in

Malaysia, especially in the context of the

ETP.

REP is open for individual applications or

applications made by companies on

behalf of their staff as part of the

compensation package in engaging

Malaysians abroad.

• 2 locally assembled/manufactured

Completely-Knocked-Down (CKDs)

vehicles tax-free;

• Foreign spouse/children are eligible for

Permanent Resident (PR) status within

six (6) months upon submission of

complete application to the

Immigration Department of Malaysia;

What are the benefits of the REP? Who is eligible for the REP?

Those eligible must fulfill the following

criteria:

Malaysian citizen;

Currently employed and residing

overseas at least up to three (3) years

prior to application;

Does not hold an outstanding

scholarship bond with the Malaysian

Government or its agencies;

Able to contribute to the NKEAs in the

ETP;

Has the following academic

qualifications:

• An optional Flat Tax Rate of 15% for

Employment Income for five (5) years;

• Tax exemption for all personal effects

brought into Malaysia;

Talent Corporation Malaysia Berhad reserves the right to change the terms and conditions at any time

without prior notice.

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Returning Expert Programme (REP) (2/2)

Attracting and Facilitating the Return of Malaysian Professionals Abroad

How to apply for the REP?

Step 1

The interested applicant must apply online at

www.rep.talentcorp.com.my/ before returning

to Malaysia.

After form submission, the applicant must

email scanned documents as listed below to

[email protected]. Cut off date for

submission of complete application is

every 15th of the month.

Scanned documents required:

Detailed CV/résumé

Passport

Academic certificate(s)

Professional certificate(s) (if any)

Spouse’s passport (if any)

Children’s passport or birth certificate (if

any)

Marriage certificate (if any)

Confirmation of current employment/latest

salary slip

The applicant will receive two (2)

acknowledgement emails; one (1) for

confirmation of form submission and one (1)

for confirmation of complete document

submission.

Step 2

Application and documents processed and

summarised. Recommendations for each

application brought for discussion at

monthly REP Committee meeting, which

falls on every last Friday of the month.

The applicant will receive notification of

results and an info pack (upon successful

application) via email within seven (7)

working days.

The successful applicant will be required to

complete the acceptance form provided in

the info pack and report to TalentCorp

within 2 years from the date of approval.

Proof of employment in Malaysia must be

given along with the completed acceptance

form. A ‘Surat Akuan Tarikh Kembali’ will

then be provided to the successful applicant

to enable him/her to claim the REP

incentives.

*There are no processing fees applicable to

the REP at the moment

Step 3

Step 4

Who is eligible for the REP (con’t)?

Academic

Qualification*

Cumulative

Overseas Working

Experience

Diploma / Supervisory

Experience

10 years / 5 years

Bachelor’s Degree /

Post-graduate

Diploma

6 years / 5 years

Master’s Degree /

Professional

Qualification

4 years

PhD 2 years

Discretion may be exercised by the

committee for specialised job skills /

exceptional work experience (on a case-by-

case basis).

Applicants returning under Internal Transfers

are also eligible to apply for REP provided

that the applicant has been based overseas

for a minimum period of 5 years. The

applicant must be returning to Malaysia

within the same group of companies as in

his/her overseas posting.

No Malaysian income taxes or EPF

paid/contributed during applicant’s overseas

employment.

Applicant does not remain a legal employee

of a Malaysian incorporated company while

employed abroad.

If there are any other enquiries, please

contact the REP team at:

[email protected]

For further enquiries

26

MyWorkLife

Virtual Engagement

Why was the MWL portal created?

Who is the MWL portal for?

MYWorkLife portal was created to reach out

to global talents that will promote Malaysia

as a destination to work and live.

MYWorkLife also offers information on living

in Malaysia that will help global talent in

their decision-making process when

considering Malaysia as their new

destination.

MYWorkLife targets the following group:

• Malaysian diaspora

• Foreigners overseas

• Working professionals

• MWL will host contents from the various

initiatives undertaken in TalentCorp

• MWL will host the Virtual Career Fair.

These Virtual Career Fairs will be hosted

in conjunction with physical career fairs.

• MWL will host the Premium Job Bank.

Premium Job Banks are job listing that is

exclusively meant for TalentCorp

programme participants.

• MWL will have a dedicated webpage to

host video streaming of TalentCorp

initiatives.

• To launch a long term campaign

What are the future plans for MWL?

MYWorkLife serves as the portal that

provides details on TalentCorp initiatives

such as how the programmes are applicable

/ relevant to the portal’s users (i.e. the target

audience).

MYWorkLife has extensive data about

working and living in Malaysia. It has the

potential of becoming the single platform for

global talents to use as their point of

reference.

The portal also serves as portal to facilitate

global talents with their move to Malaysia

The portal can also be used to inform and

engage public on the latest events,

programmes, policies and initiatives in

Malaysia

What are the benefits of the MWL portal?

Career Fair Incentive

Promoting Malaysian Companies to Malaysian Students & Professionals Abroad

Under the Career Fair Incentive, companies

traveling abroad to participate in endorsed

career fairs targeting Malaysian students

and/or professionals will be eligible to claim

double tax deductions on expenses

directly incurred in their participation.

What is the CFI? How to apply for the CFI?

Please note that companies DO NOT apply

for the CFI.

Organisers will notify TalentCorp of the

companies that have successfully

participated in endorsed career fairs.

Endorsed Career Fairs

Companies are eligible to claim double tax

deductions by participating in endorsed

career fairs.

How to claim for the CFI?

The double tax incentive under the CFI is

claimed during your company’s usual

corporation tax filing.

Under the CFI’s double tax deduction,

qualifying expenses would be doubled

(instead of the normal single deduction).

A simple example is as follows:

Without CFI RM

Gross Profit 1,000,000

Other Expenses 200,000

Qualifying Career Fair

Expenses

(30,000)

300,000

Taxable profits 500,000

With CFI RM

Gross Profit 1,000,000

Other Expenses 200,000

Qualifying Career Fair

Expenses

(30,000 x 2)

600,000

Taxable profits 200,000

We would recommend you consult your tax agents

for specific information on how to claim the CFI .

The double tax incentive includes (subject

to maximum caps being confirmed upon

the issuance of gazette by Ministry of

Finance):

• Travel expenses for a maximum of

three people– e.g. flights (for economy

class fair), on ground expenses,

accommodations (maximum RM 300

per person per day)

• Daily subsistence (maximum RM150

per day)

• Participation fee paid to the organizer

• Printing and marketing material directly

attributable to the career fair

• Any other direct expenses directly

attributable to the career fair.

Career Fairs organisers need to apply to

TalentCorp to be endorsed.

Previously endorsed career fairs:

UKEC-Graduan Career Fair 2012,

United Kingdom

CX Career Open Day, United Kingdom

If you are top talent, we WANT you!

RP-T

- Residence Pass - Talent

- Launched on 1 April 2011

- Who is eligible? What are the benefits?

EP Employment Pass

liberalisation

Expats spouse EPII

Internship - Top foreign students

- Internship in Malaysian co.

“High achieving individual with the capacity to deliver business results that contribute to Malaysia’s economic transformation”

12 NKEA

s

Residence Pass – Talent (RP-T) (1/2)

Attracting Top Foreign Talent to Contribute to Malaysia’s Economy

The RP-T is an initiative by the Malaysian

Government to attract and retain top foreign

talent in the country.

What is the RP-T?

Who is the RP-T for?

The RP-T is offered to highly qualified

expatriates already working in Malaysia

seeking to continue living and working in

Malaysia on a long-term basis.

What are the benefits of the RP-T?

Holders of the RP-T are eligible for the

following benefits:

Being able to live and work in Peninsular

Malaysia for up to ten (10) years;

Flexibility to change employers without

having to renew the RP;

Spouse and dependents under 18 years

of age are eligible for the RP;

Spouse can seek employment without

the need to apply for an Employment

Pass;

Dependents over 18 years of age,

parents & parents-in-law are eligible for a

5-year Social Visit Pass; and

The spouse and dependents under 18

years old are also eligible to study.

It is a new immigration instrument, which

offers a 10 year renewable pass for highly-

qualified expatriates to continue to reside

and work in Malaysia.

The following individuals are eligible for the

RP-T:

High-achieving individuals with the

capacity to drive business results that

contribute towards Malaysia’s Economic

Transformation Programme;

Have worked in Malaysia for 3 years;

Holds a valid Employment Pass at the

time of application;

Holds a PhD / Masters / Degree or

Diploma in any discipline from a

recognised university or a professional /

competency certificate from a recognised

professional institute;

Possess 5 years of total work

experience;

Earn a gross taxable income of

RM144,000 per annum; and

Have an Income Tax File Number in

Malaysia and paid income tax for 2

years.

Who is eligible for the RP-T?

Talent Corporation Malaysia Berhad reserves the right to change the terms and conditions at any time

without prior notice.

Residence Pass – Talent (RP-T) (2/2)

Attracting Top Foreign Talent to Contribute to Malaysia’s Economy

Step 1

The interested applicant must apply online

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

Fill up the RP-T application form and upload

required documents.

Step 2

How to apply for the RP-T

Submit application payment to:

Talent Corporation Malaysia Berhad

c/o eXpats Service Centre

Suite 2.1, Level 2, East Wing

3539 FBSM Plaza

Jalan Teknokrat 7

630000 Cyberjaya, Selangor

Malaysia

Step 3

The applicant will receive an approval /

rejection letter within 21 working days.

Step 4

If there are any other enquiries, please

contact the RP-T team at:

[email protected]

Tel: +603-8315 3195

Fax: +603-8315 3008

Or alternatively, contact TalentCorp at:

Talent Corporation Malaysia Berhad

c/o eXpats Service Centre

Suite 2.1, Level 2, East Wing

3539 FSBM Plaza

Jalan Teknokrat 7

63000 Cyberjaya, Selangor

Malaysia

Operating hours are 8.30 am to 4.30 pm

(GMT+8/Kuala Lumpur, Malaysia time)

(Mon - Fri)

For further enquiries

You can check your application status

online via http://www.expats.com.my

Application Fee

Fee

Schedule

Talent /

Spouse

Dependents

under 18

years old

Applicable upon submission of application, made

payable to ‘Talent Corporation Malaysia Berhad’:

Application

Fee

(per

applicant)1

RM200 RM200

Applicable upon approval of the RP-T, made

payable to ‘Talent Corporation Malaysia Berhad’:

Processing

Fee

(per

applicant)

RM1,800 RM1,300

For issuance of the RP-T, made payable to

‘Ketua Pengarah Imigresen Malaysia’:

Immigration

Fee

(per

application)

RM500 RM500

Multiple Entry

Visa Fee2

(yearly)

Ranges from

RM0 –

RM50

Ranges from

RM0 – RM50

Total3 RM2,500 RM2,000

1. Non-refundable

2. Multiple Entry Visa Fees vary according to nationalities. Please

refer to: http://www.imi.gov.my/ >Visa>Visa Fee

3. Total fee payable exclude Multiple Entry Visa fee

Employment Pass (Category II)

Facilitating Young Top Foreign Talent to Contribute to Malaysia’s Economy

31

Eligible

foreign

talent

Successful in the graduate selection

process of a reputable firm

Pursuing degree/postgraduate in SETARA

Tier-5 institutions

Top scorers with at least a 2nd upper (or

equivalent)

Eligible

companies

Credible: MNCs, GLCs, strong

Malaysian companies

Limited to higher value-added job

descriptions

Employment contract of 2 years and

below with a minimum gross salary of

RM2,500 monthly

1

2

EPII Criteria

Implementation of EP II commenced in October 2011

beginning with Accounting, Financial Services, E&E and O&G

Sectors

RP-T

EP EPII

I …

6 Dec 2010 Announcement

Employment Pass liberalised

with removal of

• Understudy requirement

• 10-year limit on executive

positions

• Need to advertise position

Internships for International Students

Facilitating Top Foreign Interns

Economic Council, 4 July 2011

Professional Visit Pass

(Pas Lawatan Ikhtisas) Pass

Less than 12 months Period

Both compulsory and

non-compulsory internship Eligibility

Q1 2012 in critical sectors Target rollout

RP-T

EP EPII

I …