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Exa: letsmoveindonesia.com
Exa: letsmoveindonesia.com
Bali Zero handles visas, company setup, tax and property compliance in Indonesia. Ask us directly on WhatsApp.
Chat with Bali Zero on WhatsAppIndonesia launched its Golden Visa program in 2023 under Government Regulation No. 37 of 2021 and subsequent implementing regulations by the Directora
Indonesia launched its Golden Visa program in 2023 under Government Regulation No. 37 of 2021 and subsequent implementing regulations by the Directorate General of Immigration. The program creates a dedicated residency pathway for foreign nationals who invest in Indonesia or demonstrate sufficient personal wealth, bypassing the traditional employment-linked KITAS and sponsor-dependent visa frameworks.
The program offers two primary tiers. The five-year Golden Visa requires a minimum investment of USD 350,000 for individuals, while the ten-year version requires USD 700,000. These thresholds apply to investment in Indonesian government bonds, state-owned enterprises, or direct business investment. A separate category exists for company founders, who can qualify by establishing an business entity capitalized at IDR 10 billion (approximately USD 630,000) for a five-year permit or IDR 25 billion for the ten-year version.
Golden Visa holders receive a Limited Stay Permit (ITAS) or Permanent Stay Permit (ITAP) with a validity matching the visa tier — five or ten years — and can sponsor family members including spouses and dependent children. The permit allows multiple entries and exits, and holders are not required to maintain a minimum physical presence in Indonesia to retain their status, which distinguishes it sharply from most employment-based KITAS.
The application process is handled by the Directorate General of Immigration (Ditjen Imigrasi) and requires proof of investment, certified financial documents, a valid passport, a clean criminal record, and health documentation. Applications can be initiated through Indonesian embassies abroad or, in certain cases, through in-country immigration offices. Processing times have been reported at approximately 14 to 30 working days once documentation is complete.
As of 2025, Indonesia has actively promoted the Golden Visa at international investment forums, positioning it alongside similar schemes in Portugal, UAE, and Thailand as part of a broader strategy to attract foreign capital. The government has signaled interest in expanding eligible investment categories, potentially including Indonesian equities listed on the IDX and approved real estate investment trusts.
The Golden Visa is the most significant structural upgrade to Indonesia's immigration framework in a decade, and for the right profile of client, it is transformational. The ability to hold a five or
ten-year stay permit without an Indonesian employer sponsor, without annual renewals, and without being tied to a specific KITAS category eliminates the single greatest source of legal uncertainty tha
t our clients have faced historically.
That said, this is not a product for everyone. The minimum investment threshold — USD 350,000 for the five-year tier — is a genuine capital commitment, not a fee. The funds must be demonstrably invested in qualifying instruments, and Indonesia's investment bureaucracy, while improving, still demands careful navigation. We have seen clients get tripped up not at the concept level but at the documentation and verification stage.
The ten-year option, at USD 700,000, deserves particular attention from clients planning permanent relocation or those building businesses in Indonesia. The math often works out: when you factor in the cumulative cost, administrative burden, and legal risk of managing annual KITAS renewals over a decade, the investment threshold starts to look considerably more attractive.
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