Are you considering a change of scenery, a second home, or an investment opportunity in a tropical paradise? If so, you’ve probably come across the term “Golden Visa.” In this article, we will delve into the fascinating realm of the “Indonesia Golden Visa” program.
Also read: What is a Golden Visa: Meaning, Benefits, Requirements
What is Golden Visa Indonesia?
Indonesia’s Golden Visa program, which was introduced in August 2023, offers foreign investors a residence permit of between five and 10 years, depending on the value of their investment. The program is aimed at attracting high-net-worth individuals and corporate investors to Indonesia, and to boost the country’s economy.
Also read: Investing in Indonesia: Great Opportunity for Global Investors
Benefits of Indonesia Golden Visa
The Indonesia golden visa will also be entitled to a number of benefits, including:
- Priority access to government services
- Multiple-entry and multiple-exit visa
- Exemption from visa fees
- The ability to work in Indonesia without a work permit
- The ability to sponsor family members for visas
Also read: 15 Benefits of Golden Visa
Who can Apply for Indonesia Golden Visa?
To be eligible for the Golden Visa, investors must meet the following criteria:
- Invest at least US$2.5 million in Indonesia, either through a new business venture or an existing business.
- Create at least 10 jobs for Indonesian citizens.
- Have a clean criminal record.
Investors who meet the eligibility criteria can apply for the Golden Visa at the Indonesian embassy or consulate in their home country.
For a simpler registration process, you can rely to Indonesia Visa Service from InvestinAsia.
Chat with us to obtain your Indonesia Golden Visa
How Long is an Indonesian Golden Visa Valid for?
Once approved, Golden Visa holders will be granted a residence permit of between five and 10 years, depending on the value of their investment.
Also read: Golden Visa vs Investor KITAS Indonesia: Key Differences
How to Apply for Indonesia Golden Visa?
To apply for the Indonesia Golden Visa, you will need to follow these steps:
- Meet the eligibility criteria. You must invest at least US$2.5 million in Indonesia, create at least 10 jobs for Indonesian citizens, and have a clean criminal record.
- Gather the required documents. The required documents include a completed application form, a copy of your passport, a copy of your investment certificate, a copy of your business registration certificate (if applicable), a copy of your criminal record check, and a medical certificate.
- Submit your application. You can submit your application at the Indonesian embassy or consulate in your home country.
- Pay the application fee.
- Undergo a background check. The Indonesian government will conduct a background check on you and your family members.
- Wait for a decision. The processing time for Golden Visa applications is typically around two months.
If your application is approved, you will be granted a Golden Visa, which will allow you to live and work in Indonesia for a period of five or 10 years, depending on the value of your investment.
The Indonesia Golden Visa program is a new and attractive option for foreign investors who are looking to relocate to Indonesia or to expand their business interests in the country. The program offers a number of benefits, including a long-term residence permit, priority access to government services, and the ability to work in Indonesia without a work permit.
If you are interested in applying for the Indonesia Golden Visa, you can contact the Indonesian embassy or consulate in your home country for more information.
You can also rely on our team of experts to assist with your Golden Visa application. We can also help you with other visa and stay permit-related matters in Indonesia, such as:
- Indonesia business visa application
- Indonesia tourist visa application
- Indonesia work visa / KITAS application
- Indonesia investor visa / KITAS application
- Indonesia spouse visa application
- Indonesia dependent visa application
- Visa on Arrival extension in Indonesia
- Indonesia KITAP application
- And any other related inquiries.
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