The Indonesian Second Home Visa and Golden Visa programs for long term residence in Indonesia.
Asia now recognizes Indonesia as one of its top investment and permanent residence choices. With the Second Home Visa and Golden Visa indonesia aims to target high net worth individuals and digital nomads . In this article we will discuss all essential features along with requirements and benefits and step-by-step application procedures for each visa type.
What is the Second Home Visa?
The Ministry of Law and Human Rights introduced the Second Home Visa through Regulation Number 22 of 2023 together with Regulation Number 11 of 2024. Foreign nationals together with their family members can obtain a visa that lets them stay in Indonesia from 5 to 10 years without business sponsorship or employment requirements.
This visa is particularly attractive to retirees who want to live in Indonesia choose this visa type while global citizens want a tropical residence and high-net-worth individuals explore alternative residences and lifestyle options.
The visa serves as a long-term residence option for individuals who do not require employment.
What are the types of Second Home Visa?
There are the following types of Second Home Visa:
1. Secondary Residence (Second Home – Type E33)
For the second home category, there are 2 sub-categories:
- Fund deposit: Foreign nationals must maintain a minimum amount of USD 130,000 (one hundred thirty thousand United States Dollars) in their own name at an Indonesian state-owned bank; and
- Property Investment Scheme: Foreign nationals must purchase minimum-valued residential properties such as flats or apartments in Indonesia worth at least USD 1,000,000 or equivalent.
The visa remains valid for 5 years and can be extended according to present immigration laws.
2. Elderly aged 60 years or more (Silver Hair – Type E33E)
Foreign nationals who place at least USD 50,000 (fifty thousand United States Dollars) or its equivalent in state-owned bank accounts in Indonesia will qualify for this visa category. The visa is valid for five years and is renewable. More information about the silver hair visa can be found on our retirement visa page.
3. Specialized Expertise
This visa offers a five-year or ten-year period for two different sub-categories:
- Global Talent Invited by the Government (Type E33A). Foreign nationals receive official invitations from the Government of Indonesia to demonstrate their specialized expertise when the Government recognizes their urgent need for their presence. The CEO of OpenAI Samuel Altman would qualify under this category since he demonstrates worldwide influence in artificial intelligence research.
- Global Talent Collaborating with the Government (Type E33B). The visa program requires foreign nationals to prove their active participation with state institutions and their government agencies. The program requires foreign nationals to show proof of professional certification in specialized fields that serve national interests. The visa requires applicants to possess degrees from world top 100 universities during the last three years with minimum 3.5 (three point five) GPA or equivalent. The visa provides validity for 5 years or 10 years but can be renewed based on applicable immigration regulations.
4. Digital Nomad Visa (Remote Working Visa - Type E33G)
International residents living in Indonesia can apply for this visa to work remotely for non-Indonesian businesses. The visa provides 1 (one) year of validity before applicants can extend it up to 5 times according to immigration laws.
What is the Golden Visa?
The Golden Visa shares similarities with the Indonesian Second Home Visa. The Indonesian government created this visa to welcome high-net-worth individuals and foreign investors and entrepreneurs who will make sizeable economic investments in the country.
Eligible foreign nationals who obtain this visa can live in Indonesia for 2, 5 to 10 years through expedited procedures for stay permits and residency thus making it an attractive immigration option for international investors and professionals seeking long-term presence in Southeast Asia’s largest economy.
What are the types of Golden Visa?
The Golden Visa exists in two distinct versions:
1. Foreign Investment
Foreign investment has three sub-categories that correspond to the length of stay permit duration:
2 years stay permit
Foreign nationals who own Indonesian company shares worth at least IDR 10 (approximately USD 625,000) qualify for a maximum two-year stay permit (Type E28A).
5 years stay permit
The following types of investment allow for a 5-years stay permit:
- Type E28B visa requires applicants to prove their individual business establishment in Indonesia through at least USD 2,500,000 investment. They must also show proof of a foreign parent company with annual sales exceeding USD 2,500,000;
- Type E28C visa requires passive investors to purchase Indonesian government bonds, shares or mutual funds worth at least USD 350,000.
- Type E28D visa applies to company executives (directors/commissioners) who establish a branch or subsidiary in Indonesia. They must invest at least USD 25,000,000 and demonstrate overseas turnover of USD 100,000,000 backed by an audited financial report.
- Type E28F is issued to Company executives (directors/commissioners) of a branch or subsidiary to be established in Nusantara Capital City (NCC). The minimum investment is USD 5.000.000.
10 years stay permit
The following types of investment allow for a 10-years stay permit:
- Type E28B visa requires individual investors to start a business in Indonesia with at least USD 5,000,000 investment. In addition, there must be an overseas revenue of at least USD 5,000,000.
- Passive investors who purchase at least USD 700,000 worth of Indonesian government bonds, mutual funds or real estate valued at USD 1,000,000 qualify for Type E28C visa.
- Type E28D visa applies to foreign entity executives who open Indonesian subsidiaries with minimum investments of USD 50,000,000. In addition, there must be an overseas annual revenue of USD 100,000,000.
- Type E28F visa permits company executives (directors/commissioners) to establish branches or subsidiaries in Nusantara Capital City (NCC). They must meet the minimum investment requirement of USD 10.000.000.
2. Repatriation for foreigners of Indonesian origin
The Indonesian government offers a special immigration facility through the Repatriation Visa (Visa Repatriasi) which enables former citizens of Indonesia (ex-WNI) along with people of Indonesian heritage (WNI keturunan) to move back to Indonesia for lawful residency.
The Repatriation Visa has three distinct subcategories:
- Former Indonesian Citizens with an Indonesian Guarantor (Type E32C and E32D). The visa application requires a minimum investment of USD 15,000 in Indonesian government bonds or listed shares or mutual funds and former citizenship proof including KTP Family Card KK Birth Certificate and Passport and Degree/Diploma and Land Certificate alongside an Indonesian Guarantor’s supporting document. The visa has a validity of up to 2 years.
- Former Indonesian Citizens without a Guarantor (Type E32A). Eligible applicants must purchase at least USD 35,000 in Indonesian government bonds or listed shares or mutual funds within 90 days of arrival. The visa has a validity period of 5 years and applicants can apply for extensions.
- Descendants of Former Indonesian Citizens up to second degree (Type E32B). Applicants need to invest at least USD 50,000 in Indonesian government bonds or listed shares or mutual funds to obtain a 5-year visa or invest at least USD 100,000 for a 10-year visa.
