Programme Overview
Indonesia Golden Visa
From $350,000 — financed against your portfolio, not liquidated from it.
Or compare it against the other programmesIndonesia at a glance
Indonesia's Golden Visa was created by Permenkumham 22/2023, enacted 30 August 2023, and launched by the President on 25 July 2024. It had issued 1,274 visas against Rp 52.
Investment from
$350,000
Processing
6 weeks
Stay required
None
Golden Visa. Spouse and dependants included. There is a pathway to citizenship.
Indonesia Golden Visa — investment routes
5-Year Passive Investor (no company established)
Investment in Indonesian government securities (Surat Berharga Negara) for 5-year residency.
- ▪Investment of US$350,000
- ▪Non-Indonesian national
- ▪Clean criminal record
- ▪Proof of source of funds
- ▪Investment maintained throughout visa validity
- ▪No minimum days required. Enter Indonesia at least once per year to maintain visa validity.
- ▪Document Preparation: 1-2 weeks
5-Year Company Shares Investment
Investment in shares of an Indonesian company (PT PMA).
- ▪Investment of $2,500,000 (IDR 35 billion)
- ▪Non-Indonesian national
- ▪Clean criminal record
- ▪Proof of source of funds
- ▪Valid business plan (if forming new company)
- ▪No minimum stay requirement. Visit Indonesia at least once annually.
- ▪Company Setup (if new): 4-6 weeks
10-Year Government Bond Investment
Premium 10-year visa through government bond investment.
- ▪Investment of $700,000 (IDR 10 billion)
- ▪Non-Indonesian national
- ▪Clean criminal record
- ▪Enhanced due diligence clearance
- ▪Proof of substantial net worth
- ▪No minimum annual stay. Maintain one entry per year.
- ▪Document Preparation: 2-3 weeks
10-Year Company Investment
Major company investment for 10-year residency.
- ▪Investment of $5,000,000 (IDR 70 billion)
- ▪Non-Indonesian national
- ▪Clean criminal record
- ▪Substantial business experience
- ▪Comprehensive business plan for Indonesian operations
- ▪No minimum stay. Business must remain operational.
- ▪Business Planning: 4-8 weeks
Super Talent / Expert Category
Reserved for individuals with exceptional skills in technology, science, arts, sports, or other fields deemed valuable to Indonesia's development.
- ▪Investment of By Invitation
- ▪Recognized expertise in qualifying field
- ▪Invitation or endorsement from Indonesian ministry
- ▪Proven track record of achievements
- ▪Commitment to contribute to Indonesia
- ▪No minimum stay. Expected to contribute to Indonesian development.
- ▪Ministry Endorsement: 4-8 weeks
Indonesia Golden Visa benefits
- Multiple-entry visa (5 or 10 years)
- No work permit (KITAS) required
- Zero minimum stay requirements
- Live anywhere in Indonesian archipelago
- Include spouse and dependent children
- Work legally without sponsorship
- Access to Indonesian banking
- Property purchase rights in certain zones
- Strategic Southeast Asian location
- 17,000+ islands to explore
- Low cost of living with high quality of life
- Bali, Jakarta, and Yogyakarta lifestyle options
Eligibility Requirements
- ▪Non-Indonesian national
- ▪Valid passport with 18+ months validity
- ▪Clean criminal record from country of residence
- ▪Proof of qualifying investment
- ▪Health declaration
- ▪Pass immigration background check
- ▪No prior Indonesian immigration violations
Investment Information
- ▪$3+ billion attracted since programme launch (December 2023)
- ▪Government bonds held in authorized Indonesian bank
- ▪Company investments must be in qualifying sectors
- ▪Investment must be maintained throughout visa validity
- ▪Government bond interest rates typically 6-7% annually
- ▪Professional advice recommended for company formation route
Who can be included
- Spouse receives same visa duration
- Dependent children under 18 years
- Family members can live and travel freely
- No separate work permits required for family
- Additional processing fees per dependent
- Children can attend Indonesian schools
Taxation
Indonesia operates a territorial tax system for non-residents. If you stay under 183 days per year, you're taxed only on Indonesian-sourced income.
Residency requirements
No minimum annual stay requirement — one of the most flexible golden visa programmes globally. Simply enter Indonesia at least once per year to maintain visa validity.
Path to citizenship
Indonesia does not offer citizenship by investment. The golden visa provides long-term residency rights (5 or 10 years, renewable) but naturalization requires separate application after extended residence, Indonesian language proficiency, and renunciation of other citizenships (Indonesia does not permit dual nationality for naturalized citizens).
Application process
Typical duration: 6 weeks- 01
Document Preparation
2-3 weeksGather passport, criminal record certificate, financial statements, and proof of investment
- 02
Investment Completion
1-4 weeksPurchase government bonds or complete company share investment
- 03
Application Submission
1 weekSubmit application through Indonesia Immigration online system
- 04
Processing & Approval
2-4 weeksImmigration review, background verification, and visa issuance
Costs and fees (Commission)
Every charge the programme makes, and the sales commission an intermediary adds on top of them.
Investment
$350,000-$5,000,000
Depending on investment type and visa duration
Government Fees
$500-$1,000
Visa application and issuance fees
Professional Fees
$5,000-$15,000
Legal and advisory services
Health Insurance
$500-$2,000/year
Mandatory health coverage
Sales commission
$25,000–$45,000
Charged against the deposit or the property, on top of the legal work the route needs.
Fee based model
The same programme, bought without an intermediary's commission.
You save
$25,000–$45,000
The sales commission on the left, which you do not pay. The $2,500 fee replaces it.
Total estimated cost
$385,000–$5,065,000
Including the sales commission above.
Total estimated cost
$360,000–$5,020,000
The programme's own charges, plus the $2,500 fee. No commission.
What the advice costs
The programme costs the same. The advice does not.
Through a commission
$25,000–$45,000
Sales commission on Indonesia. Charged against the deposit or the property, on top of the legal work the route needs.
Through a fee
$2,500
Six months as a private client — route selection, the financing, the portfolio, and me on the end of a phone. Twelve months is $5,000. Paid by you, so the answer can be no.
Total saving
$25,000–$45,000
The whole commission, before the $2,500 fee. The programme costs what it costs either way.
This is the commission only. The licensed agent, the legal work and the government fees in the list above are payable whoever advises you, and nothing here removes them — a saving that quietly included a statutory fee would be the same trick in the other direction.
Commission ranges are typical rather than universal, and no firm is named. They are not published anywhere, which is the point of them.
Fund Your Indonesia Investment with a Lombard Loan
Instead of liquidating your portfolio to fund the From $350,000 Indonesia investment, use your existing assets as collateral and keep your money working for you.
Traditional: Liquidate Assets
- ✗Sell From $350,000 from your portfolio
- ✗Trigger capital gains tax (up to 20%)
- ✗Lose years of compound growth
- ✗After 10 years: $755,624
Lombard Loan: Keep Your Portfolio
- Borrow From $350,000 against $700,000 collateral
- No capital gains event triggered
- Portfolio continues growing at 8%
- After 10 years: $1.41M
10-Year Wealth Projection
Is Indonesia right for you?
Ideal for
- Digital nomads and remote workers seeking Bali lifestyle
- Entrepreneurs targeting Southeast Asian markets
- Tax optimization through territorial system
- Investors wanting fast processing (2-4 weeks)
- Those seeking minimal presence requirements
Consider alternatives if
- ▪Those seeking citizenship (Indonesia prohibits dual)
- ▪Investors wanting EU or Schengen access
- ▪Those requiring strong passport mobility
- ▪Applicants seeking Western infrastructure standards
- ▪Those wanting permanent settlement path
Related Resources
Elsewhere
If this one is not the fit, these might be
FAQs
Half an hour, $100, no commission.
Whether Indonesia is right for you, what it will actually cost, and whether a visa with no capital contribution gets you the same place for nothing.