At Esin Indonesia, we empower high-value individuals, entrepreneurs, global talents, and Indonesian diaspora members to secure extended legal residence in Indonesia through the prestigious Golden Visa. Tailored for elite contributors, this program offers unprecedented access and privileges.
Launched in July 2024 by President Joko Widodo, the Golden Visa aims to entice high-quality foreign investors and global talents to contribute to Indonesia’s sustainable growth. Nearly 300 Golden Visas have been issued, bringing significant economic inflows.
What is the Golden Visa?
The Golden Visa is a long-term residence permit—offered as a limited stay visa (VITAS), limited stay permit (ITAS), permanent stay permit (ITAP), or re-entry permit—valid for 5 or 10 years depending on investment level and category. It serves multiple purposes such as investment, family reunification, second-home ownership, and more.
Who Qualifies for Indonesia’s Golden Visa?
Based on regulations (Permenkumham No. 22/2023, amended by Permenkumham No. 11/2024), eligibility spans several investor and talent profiles:
1. Individual Investors (Company-Based)
- 5-year visa: Invest USD 2.5 million to establish a company
- 10-year visa: Invest USD 5 million
2. Individual Investors (Non-Company-Based)
- 5-year visa: Invest USD 350,000 in government bonds, public company shares, or mutual funds
- 10-year visa: Invest USD 700,000
3. Corporate Investors
- 5-year visa: Invest USD 25 million for company directors/commissioners
- 10-year visa: Invest USD 50 million
4. Special Categories – Diaspora, Global Talent, Public Figures, Second Home, and Senior (Silver Hair)
Optional paths include:
- “Second Home”: Deposit USD 130,000 into a state-owned bank or buy property worth at least USD 1 million
- Global Talent/Public Figures: Requires sponsorship, specific expertise, or investment commitments
- Diaspora or Former Indonesian Citizens: Lower thresholds may apply
Exclusive Benefits of a Golden Visa
- Long-term residency (5 or 10 years) in one go
- Priority immigration services, fast-track lanes at airports, and streamlined processing
- Easier entry, exit, and mobility within Indonesia without frequent renewals
- No need for a separate KITAS or ITAS application
- Digital application via evisa.imigrasi.go.id: submit documents, make payments, track status online
Here’s a clear summary of the required documents and fees for Indonesia’s Golden Visa, as per the latest regulations (Permenkumham No. 22/2023, amended by No. 11/2024) and official immigration portals:
Required Documents
Individual Investors (Non-Company-Based) – e.g., investment in bonds, shares, or mutual funds
- Valid passport (minimum 36 months validity)
- Proof of investment
- E.g., statement of funds in government bonds, mutual funds, or shares (min. USD 350,000 or USD 700,000)
- Proof of source of funds (bank statements, income records)
- Curriculum Vitae (CV)
- Passport-sized photo (white background)
- Health and insurance coverage for the duration of stay
- Statement letter committing to not work or engage in unauthorized activities
Individual Investors (Company-Based) – establishing or investing in an Indonesian company
- All of the above, plus:
- Company deed of establishment (Akta Pendirian)
- Business Identification Number (NIB)
- Proof of capital injection (min. USD 2.5M or USD 5M)
- Tax identification number (NPWP) if company is already active
- Board resolution or appointment letter (for director/commissioner roles)
For Corporate Sponsors (applying for staff or director visa):
- Company profile & deed
- NPWP & NIB
- Business license
- List of shareholders
- Proof of paid-up capital (USD 25M / 50M)
For Second Home / Silver Hair / Diaspora / Global Talent:
Requirements vary slightly, but generally include:
- Passport with 60+ months validity
- CV
- Proof of international recognition / achievements / professional track record
- Investment proof (e.g., property purchase, USD 130,000 bank deposit)
- Proof of relationship to former Indonesian citizen (if applicable)
Golden Visa Fees (Official)
Application Fees (Non-refundable)
| Type | 5-Year Visa | 10-Year Visa |
| Application processing | IDR XXX | IDR XXX |
| Visa issuance (once approved) | IDR XXX | IDR XXX |
FAQs
Content:
1. Do I need to live in Indonesia full-time under the Golden Visa?
No. You are not required to reside full-time in Indonesia. However, you must maintain the investment conditions that made you eligible for the visa (e.g., not withdrawing your investment prematurely).
2. Can I work or do business with the Golden Visa?
Yes — but only if your Golden Visa is tied to business investment or company sponsorship. If you hold a second home visa (e.g., based on property ownership or deposits), you cannot work or earn income in Indonesia.
3. Can I bring my family on a Golden Visa?
Yes. You can sponsor:
- Spouse
- Children under 18
- Parents (in some categories)
They will receive the same length of stay as the principal visa holder.
4. How long does the Golden Visa process take?
Processing time varies, but typically:
- 7–14 working days for document verification
- 7–10 working days for approval & visa issuance
Some applicants may receive approval within 1 month. However, delays can occur based on document completeness or background checks.
5. Can I convert my existing visa (e.g., Working KITAS) into a Golden Visa?
No, you cannot convert directly. You will need to cancel your current stay permit (via an EPO – Exit Permit Only), exit the country, and reapply for the Golden Visa under the correct pathway.
6. Is the investment refundable?
Yes, in most cases. For example:
- If you invest in shares, mutual funds, or bonds, you retain ownership and can withdraw after your stay period.
- If investing in your own company, you maintain full shareholder rights.
Note: If you withdraw funds before the visa expires, it may result in visa termination.
6. What happens if I overstay my Golden Visa?
Overstaying will result in:
- IDR 1,000,000/day fine
- Possible blacklisting from Indonesia
- Deportation if overstayed excessively
Keep your visa and immigration status valid at all times.
