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Exa: dev.theportugalnews.com
Exa: dev.theportugalnews.com
Bali Zero handles visas, company setup, tax and property compliance in Indonesia. Ask us directly on WhatsApp.
Chat with Bali Zero on WhatsAppIndonesia's Golden Visa framework, established under Permenkumham No. 22 Tahun 2023 and subsequently refined by Permenkumham No. 11 Tahun 2024, create
Indonesia's Golden Visa framework, established under Permenkumham No. 22 Tahun 2023 and subsequently refined by Permenkumham No. 11 Tahun 2024, creates two distinct pathways for long-term investor residency. The first, KITAS E28B, targets foreigners who establish a company in Indonesia and requires a minimum investment of USD 2.5 million for a five-year permit or USD 5 million for a ten-year permit. The second, KITAS E28C, is designed for pure portfolio investors — those placing funds in Indonesian state bonds or licensed bank deposits — with thresholds set between USD 350,000 and USD 700,000 depending on the duration of stay sought.
A significant procedural change arrived in early 2025 with Permenimipas No. 5 Tahun 2025. Under previous rules, Golden Visa applicants were required to nominate an individual or corporate guarantor — known as a Penjamin — who bore legal responsibility for the visa holder's conduct in Indonesia. That requirement has now been replaced by a formal 'Immigration Guarantee' (Jaminan Keimigrasian), a government-administered instrument that shifts the oversight structure away from private sponsors toward a standardized state mechanism. The practical effect for applicants is a reduction in dependency on local corporate partners, but also a shift in documentation requirements that must be understood before applications are lodged.
In a move widely welcomed by the expatriate community, UU No. 63 Tahun 2024 — the latest amendment to Indonesia's foundational Immigration Law (UU No. 6/2011) — automatically embeds the Multiple Exit Re-entry Permit (MERP) into all KITAS and KITAP permits. Previously, holders of these permits were required to apply separately for re-entry authorization before traveling abroad, an administrative burden that caught many by surprise and occasionally led to permits being invalidated. The automatic integration removes that risk entirely.
For those specifically targeting Bali as a base, additional local regulatory layers apply. Provincial regulations in Bali impose a minimum property investment threshold of Rp 5 billion for foreign buyers — higher than national baseline requirements. Critically, foreign property ownership in Bali remains restricted to Right of Use (Hak Pakai or Strata Title); freehold ownership (Hak Milik) is constitutionally reserved for Indonesian citizens and cannot be transferred to foreign nationals regardless of visa status or investment size.
Taken together, these regulatory updates represent the most substantive revision to Indonesia's long-term investor residency framework since the Golden Visa category was introduced, and they arrive as global competition for high-net-worth resident investors intensifies.
The shift from a personal Penjamin to a state-administered Immigration Guarantee is structurally significant. For years, the guarantor requirement was one of the more friction-heavy elements of the In
donesian Golden Visa — finding a willing, legally compliant corporate sponsor added cost, negotiation, and dependency on relationships that could change. The new Jaminan Keimigrasian model is cleaner,
and for our clients it removes a common point of failure in the application process.
The automatic MERP integration is equally important in practice. We have seen clients lose permit validity through inadvertent re-entry violations — traveling without a current MERP stamp, not understanding the rule, or simply being caught in an administrative delay. That category of error is now closed.
What has not changed — and investors should not assume otherwise — is the property ownership ceiling in Bali. No visa category, including the Golden Visa, grants freehold land rights to foreigners. Clients who hear that a Golden Visa 'unlocks property ownership' in Bali are receiving incomplete information. Hak Pakai remains the ceiling, and the Rp 5 billion minimum threshold in Bali is a local floor that sits above national requirements.
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