Indonesia Golden Visa

Application Process — Step by Step

1. 01

   Choose the correct track: individual 5-year, individual 10-year, or corporate investor

   home country

   Indonesia's Golden Visa (launched August 2023 under Government Regulation 22/2023 and Immigration Law implementation) has three main tracks for foreign nationals: (1) Individual 5-year: USD 350,000 placed in Bank Indonesia (BI) deposit instrument or Indonesian company investment; (2) Individual 10-year: USD 700,000 same placement; (3) Corporate investor 5-year: USD 2.5 million company investment; (4) Corporate investor 10-year: USD 5 million. A "Second Home" category also exists for property investment (not strictly the Golden Visa). Applicants must be 18+ and have a clean criminal record.

   Typical duration: 1-2 weekssource ↗

2. 02

   Make the qualifying investment or Bank Indonesia deposit

   destination

   For the deposit route: open a special Bank Indonesia (BI) investment account through an authorised Indonesian bank. The funds are placed in a state equity participation instrument or government bond managed by BI. Obtain a proof-of-placement certificate from BI. Alternatively, invest directly into an Indonesian company (PT PMA — foreign investment company) with minimum capital. Engage a notary and BKPM (Indonesia Investment Coordinating Board, now BKPM/OSS) to register the investment.

   Typical duration: 4-8 weekssource ↗

3. 03

   Apply for Golden Visa at Directorate General of Immigration (Ditjen Imigrasi)

   destination

   Submit application online via imigrasi.go.id or visit the Directorate General of Immigration office. Required documents: completed application form, valid passport, investment placement certificate from BI or BKPM investment registration, police clearance (apostilled from home country), medical certificate, and proof of health insurance. Pay government fee (approx. IDR 50 million / USD 3,200 for 5-year; IDR 100 million / USD 6,400 for 10-year — verify current rates at imigrasi.go.id).

   Typical duration: 2-4 weekssource ↗

4. 04

   Receive Golden Visa e-KITAS (limited stay permit) or e-KITAP (permanent stay permit)

   destination

   Golden Visa is issued as an e-KITAS (Electronic Limited Stay Permit Card) for 5-year holders and potentially e-KITAP (Permanent Stay Permit) for 10-year holders. The card serves as your immigration document in Indonesia. Register with local immigration for KITAS/KITAP and Indonesian ID card if required. Golden Visa grants multiple-entry privileges and ability to sponsor dependants.

   Typical duration: 2-4 weekssource ↗

Documents Required

Realistic Costs

~ Some figures below are industry estimates rather than officially verified: government_fee, lawyer_fee_low, lawyer_fee_high, total_first_year_low, total_first_year_high, total_5_year_low, total_5_year_high.

Primary cost is the qualifying investment: USD 350,000 (5-year individual) or USD 700,000 (10-year individual). Government fee approx. IDR 50M (5-yr) or IDR 100M (10-yr) — verify at imigrasi.go.id as fees were introduced in 2023 and may update. Investment placed in BI instruments can earn returns. Lawyer/notary fees for BI account and investment setup: USD 2,000-8,000. Annual stay permit renewal: approx. IDR 5-10M/yr.

Realistic Timeline

• Consulate wait2–6 weeks
• Decision → arrival2 weeks
• Residence card issuance4 weeks
• Total to residence card10–20 weeks

Golden Visa launched August 2023. BI investment account setup is the critical path — typically 4-8 weeks. Immigration application after investment proof: 2-4 weeks. Indonesia's immigration system is modernising; online systems available but complex.

Renewal

First renewal after

60 months

Subsequent cycle

60 months

Renewal fee

$3,200USDEURGBPCADAUDINRAEDTHBSGDBRLMXNZAR

Requirements

Golden Visa renewed after 5 years (for 5-year track) or 10 years (for 10-year track). Renewal requires maintaining the qualifying investment at required level. KITAS annual reporting required: annual stay permit renewal fee approx. IDR 5-10M. If investment falls below threshold, Golden Visa status may be revoked.

Path to Permanent Residency — Details

Years required

0

Integration test

Not required

Path to Citizenship — Details

Years required

5

Language test

No

Civic test

Not required

Oath

Required

Dual citizenship

Not allowed

Tax Residency

Trigger

183 days/year of presence

Taxation scope

Worldwide income

Exit-tax country

No

Health Insurance

Mandatory

Yes

Public system access

After 0 months

Examples: BPJS Kesehatan (national, mandatory), Cigna Global, AXA, Pacific Cross, Allianz Indonesia

Family Specifics

Spouse work rights

Spouse and dependent children eligible for dependent Golden Visa KITAS. Dependent spouse does not automatically receive work authorisation — separate work permit required for employment.

Child school enrolment

Children on dependent KITAS can enroll in Indonesian international schools. Major options in Bali (Green School, Bali International School) and Jakarta (Jakarta International School, British International School Jakarta) — tuition USD 10,000-30,000/yr.

Parent inclusion

Not eligible

Sibling inclusion

Not eligible

Gotchas — Things to Watch For

• ⚠The USD 350,000 or USD 700,000 is placed in a Bank Indonesia instrument — it earns a modest return but is NOT freely accessible; confirm withdrawal/repatriation conditions before committing
• ⚠Indonesia does not permit dual citizenship for adults — Golden Visa does NOT confer citizenship rights but naturalisation requires renouncing prior citizenship
• ⚠BPJS Kesehatan enrollment is mandatory for KITAS holders — enroll promptly or face compliance issues
• ⚠The Golden Visa launched August 2023 and implementing regulations are still evolving — some aspects of the BI deposit process have changed since launch; verify current procedures with an Indonesian immigration lawyer
• ⚠Indonesia's tax system is complex; the 4-year territorial exemption under the Omnibus Law is valuable but requires formal election — consult an Indonesian tax lawyer before filing your first return
• ⚠KITAS/KITAP must be maintained via annual reporting to immigration — failing to report leads to overstay fines even if the Golden Visa is technically valid
• ⚠Foreigners cannot own Indonesian land (freehold); property investment for SIRV purposes is through leasehold or other structures — verify permitted investment types with BKPM

What This Visa Does NOT Allow

• ×Freehold land ownership (foreign nationals cannot own Indonesian land under the Basic Agrarian Law)
• ×Dual citizenship — naturalisation requires renouncing prior nationality
• ×Freely withdrawing the qualifying Bank Indonesia deposit during the visa validity period without triggering visa review
• ×Working as an employee for an Indonesian company without separate work permit (KITAS type must match activity)

Common Rejection Reasons

• •Investment amount below required threshold (USD 350,000 or USD 700,000 for individuals)
• •Investment not placed in qualifying instrument (must be Bank Indonesia instrument or registered Indonesian company)
• •Criminal record — Indonesia conducts background checks; serious offences disqualify
• •Medical issues incompatible with residency requirements
• •Police clearance not properly apostilled or translated
• •Applicant nationality on Indonesian restricted list (some nationalities face additional scrutiny)
• •Source of funds not adequately documented or funds appear to originate from unlawful activities

Recent Legislative Changes

• 2024-01-15

  Directorate General of Immigration clarified that the Bank Indonesia (BI) deposit route for Golden Visa involves placement in state equity participation instruments through authorised banking partners (Mandiri, BNI, BRI). Updated guidance published on imigrasi.go.id regarding qualifying investment documentation requirements.source ↗

• 2023-08-01

  Indonesia officially launched the Golden Visa program under Government Regulation 22/2023 (implementing the 2011 Immigration Law). Investment thresholds: individual USD 350,000 (5-yr) or USD 700,000 (10-yr) via Bank Indonesia deposit; corporate USD 2.5M (5-yr) or USD 5M (10-yr). Visa grants multi-entry residence permit (e-KITAS/e-KITAP).source ↗

Frequently Asked Questions