Securing Long-Term Residency in Indonesia
with Golden Visa

Golden Visa

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Cited from BBC Indonesia “Apakah Golden Visa ala Presiden Jokowi manjur menarik dana investor asing ke Indonesia?” (27/07/24). On 25th July 2024, former president Joko Widodo introduced the Golden Visa program to encourage foreign nationals to invest in Indonesia. The visa offers extended stays to those willing to invest in the country. 

The recently introduced Golden Visa program offers exciting opportunities for foreign nationals looking to invest or work in the country. The launch of this program aims to attract foreign investors and skilled professionals, offering long-term residency in exchange for substantial investments.

Why Golden Visa is a Game-Changer

The Golden Visaicon for new tab is designed to simplify the process for foreign nationals to invest, work, and live in Indonesia. This unique visa offers extended residency for up to 5-10 years based on the investment or contribution, making Indonesia an attractive destination for both corporate and individual investors.

About Golden Visa

With a focus on making Indonesia a global hub for investment and talent, the Golden Visa is available to various categories of investors and professionals. Here is a breakdown of the requirements:

  1. Individual Investment – Set Up a Company:
    • 5 Years Stay:
      • Proof of investment or shares with a minimum of US$2,500,000 in a company set up by Golden Visa Holder in Indonesia.
      • Immigration Guarantee Evaluation:
        • Deed of Incorporation (newest).
        • Proof of tax payment for the last year.
        • Financial report of the company for the last year.
        • Bank statement of the company for the last year.
    • 10 Years Stay:
      • Proof of investment or shares with a minimum of US$5,000,000 in a company set up by Golden Visa Holder in Indonesia.
      • Immigration Guarantee Evaluation:
        • Deed of Incorporation (newest).
        • Proof of tax payment for the last year.
        • Financial report of the company for the last year.
        • Bank statement of the company for the last year.

    2. Individual Investment Without Setting Up a Company:

    • 5 Years Stay:
      • Proof of ownership of shares/mutual funds in public listed companies in Indonesia or Indonesian Government Bonds with a minimum of US$350,000.
      • Immigration Guarantee Evaluation:
        • Indonesian Government Bonds / shares transaction / mutual funds ownership (US$350,000 or higher).
    • 10 Years Stay:
      • Proof of the ownership of:
        • Shares/mutual funds in public listed companies in Indonesia or Indonesian Government Bonds with a minimum of US$700,000.
        • An apartment or a flat in Indonesia with a minimum price of US$1,000,000.
      • Immigration Guarantee Evaluation:
        • Indonesian Government Bonds / shares transaction / mutual funds ownership (US$700,000 or higher).
        • Proof of property tax payment for the last year.

    3. Company Investment to Build a New Branch or Subsidiary Company:

    • 5 Years Stay:
      • Proof of investment in Indonesia with a minimum of US$25,000,000 in a new branch or subsidiary company of a foreign company in Indonesia.
      • Immigration Guarantee Evaluation:
        • Deed of Incorporation (newest).
        • Proof of tax payment for the last year.
        • Financial report of the company for the last year.
        • Bank statement of the company for the last year.
    • 10 Years Stay:
      • Proof of investment in Indonesia with a minimum of US$50,000,000 in a new branch or subsidiary company of a foreign company in Indonesia.
      • Immigration Guarantee Evaluation:
        • Deed of Incorporation (newest).
        • Proof of tax payment for the last year.
        • Financial report of the company for the last year.
        • Bank statement of the company for the last year.

    4. Representation of a Company in a Branch or Subsidiary Company (Country Manager):

    • 5 or 10 Years Stay:
      • Statement from the main company stating that the foreigner is assigned in a branch or subsidiary company in Indonesia as representation.
      • Immigration Guarantee Evaluation:
        • Statement from the main company which states that the foreigner is assigned in a branch or subsidiary company in Indonesia as a representation.

    5. Repatriation – Ex Indonesian Citizen:

    • 5 Years Stay:
      • Proof of ownership of shares/mutual funds in public listed companies in Indonesia or Indonesian Government Bonds with a minimum of US$35,000.
      • Immigration Guarantee Evaluation:
        • Indonesian Government Bonds / shares transaction / mutual funds ownership (US$35,000 or higher).

    6. Repatriation – Descendant of Ex Indonesian Citizen:

    • 5 Years Stay:
      • Proof of ownership of shares/mutual funds in public listed companies in Indonesia or Indonesian Government Bonds with a minimum of US$50,000.
      • Immigration Guarantee Evaluation:
        • Indonesian Government Bonds / shares transaction / mutual funds ownership (US$50,000 or higher).
    • 10 Years Stay:
      • Proof of ownership of shares/mutual funds in public listed companies in Indonesia or Indonesian Government Bonds with a minimum of US$100,000.
      • Immigration Guarantee Evaluation:
        • Indonesian Government Bonds / shares transaction / mutual funds ownership (US$100,000 or higher).

    7. Second Home:

    • 5 Years Stay:
      • Proof of:
        • Personal funds in personal bank accounts (Indonesian state-owned bank) with a minimum of US$130,000.
        • Ownership of an apartment or a flat in Indonesia with a minimum price of US$1,000,000.
      • Immigration Guarantee Evaluation:
        • Bank statement with a minimum of US$130,000.
        • Proof of property tax payment for the last year.

    8. Invited Global Talent:

    • 5 or 10 Years Stay:
      • Guarantee letter from Indonesian Government agencies.
      • Immigration Guarantee Evaluation:
        • Guarantee letter from Indonesian Government agencies.

    9. Global Talent:

    • 5 or 10 Years Stay:
      • Proof of collaboration with the Indonesian Government.
      • Immigration Guarantee Evaluation:
        • Contract with Indonesian Government which elaborates the purpose of stay in Indonesia.

    10. Personage:

    • 5 or 10 Years Stay:
      • Guarantee letter from Indonesian Government agencies.
      • Immigration Guarantee Evaluation:
        • Guarantee letter from Indonesian Government agencies.

    11. Silver Hair (55 years old or above):

    • 5 Years Stay:
      • Proof of personal funds in personal bank accounts (Indonesian state-owned bank) with a minimum of US$50,000.
      • Immigration Guarantee Evaluation:
        • Bank statement with a minimum of US$50,000.

Benefits of Golden Visa

Here is why the Golden Visa stands out for potential investors:

  • The longest stay permit available in Indonesia, up to 10 years.
  • Priority services from government agencies and ministries.
  • Family inclusion with the same length of stay.
  • Fast-track services at immigration checkpoints and offices.
  • Seamless visa and stay permit processing upon entry into Indonesia.
  • Flexible investment options, making it easier to find a pathway that works for you.

Apply for Golden Visa

To begin your journey towards a long-term residence in Indonesia, follow these simple steps:

  1. Assess your eligibility based on the investment requirements.
  2. Choose your investment type – whether government bonds, local company shares, or property.
  3. Submit your application to Indonesian immigration authorities.
  4. Receive approval and enjoy long-term residency benefits.

 

This seamless application process is designed to make it easier for global investors and skilled professionals to make Indonesia their new home.

Begin Your Journey to Indonesia Today

Unlock immediate solutions with our expert services. Whether you are an individual investor, corporate executive, or property investor, our team can guide you through every step of the Golden Visa application process.

Explore our golden visa application service here

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