Golden Visa Indonesia: A New Attractive Option for Foreign Investors

What is a Golden Visa?

The Golden Visa, as explained in Article 184 of the Indonesian Ministry of Law and Human Rights Regulation Number 22 of 2023, is a visa that grants a residence permit for a period of 5 years.

Benefits of the Golden Visa

The Indonesia Golden Visa program offers numerous benefits to foreign investors, including:

* Long-term residence permit for 5 years, renewable indefinitely * Visa-free travel to 169 countries * Eligibility for Indonesian citizenship after 5 years of residency * Access to investment opportunities in Indonesia's rapidly growing economy * Education and healthcare benefits for family members

Eligibility Criteria

To qualify for the Golden Visa, foreign investors must meet certain eligibility criteria, such as:

* Making a minimum investment of IDR 2.5 billion (approximately USD 170,000) in Indonesia * Having a valid passport and visa for Indonesia * Being in good health and of good character

Application Process

The application process for the Golden Visa is straightforward and can be completed online. Interested applicants should submit the required documents and pay the applicable fees.

Conclusion

The Indonesia Golden Visa program is a significant step towards attracting foreign investment and boosting economic growth. By offering long-term residence permits and numerous benefits, the program provides a compelling opportunity for foreign investors seeking to establish a base in Indonesia.