Indonesia
Golden Visa (E28A / E28B)
Minimum investment
USD 350,000
Processing time
application is submitted online via the e-Visa portal (evisa.imigrasi.go.id); once approved, the e-visa and re-entry permit are issued automatically on arrival, but the physical KITAS card is only finalized after the mandatory in-person biometric appointment introduced in May 2025
Physical presence
no physical presence requirement; the e-visa and re-entry permit are issued automatically upon arrival
- Investment route
- •individual passive investment in Indonesian government bonds, shares, or mutual funds (E28A: USD 350,000 for a 2-year visa
- •E28B: USD 350,000-700,000 for a 5 or 10-year visa depending on tier), or business/corporate investment establishing a company (PT PMA) in Indonesia with the required minimum shareholding for the corresponding visa duration
- •a lower-cost Second Home Visa (E33) also exists as a separate, less privileged route requiring only a 2 billion IDR (approximately USD 130,000) bank deposit or property purchase
- Investment breakdown
- a lower-cost Second Home Visa (E33) also exists as a separate route, requiring only a 2 billion IDR (approximately 130000 USD) bank deposit or property purchase, though it grants fewer privileges than the full Golden Visa
- Additional fees
- •government processing fees and, for the business route, PT PMA company registration and notarial costs apply on top of the qualifying investment
- •effective May 2025, all E-series KITAS applications and renewals require a mandatory in-person biometric appointment (photo and fingerprint) at a local immigration office, even though the initial application is submitted online
- Eligibility
- •18+ (or applicable minimum for the category)
- •Clean criminal and immigration record
- •Valid passport with 6+ months remaining validity
- •Proof of financial independence
- •Comprehensive health insurance
- Due diligence
- •standard due diligence including a clean criminal and immigration record check
- •E28A holders whose company shareholding falls below the IDR 10 billion threshold have renewal applications automatically flagged by Indonesia's OSS compliance system rather than processed normally
- Family inclusion
- •Spouse and dependent children under 18 are automatically eligible with no additional qualifying investment required
- •Though separate government fees apply per dependant
- Path to citizenship
- •the Golden Visa (E28A/E28B) does not itself lead to citizenship
- •it is a temporary stay permit (ITAS), not a permanent one
- •holders may separately pursue Indonesia's permanent stay permit (KITAP) after extended legal residence, and citizenship only after further years beyond that under Indonesia's ordinary naturalization rules
- Renewal
- issued for 5 or 10 years depending on the investment tier and renewable subject to maintaining the qualifying investment
- Dual citizenship
- •Not applicable — the Golden Visa does not lead to citizenship
- •Indonesia does not generally recognize dual citizenship for adults
- Key benefits
- •No language, education, or employment requirements
- •Investors and family can live, invest, and conduct business in Indonesia without needing a separate work permit for passive investment activity
- Taxation
- •Indonesia taxes residents on worldwide income if tax-resident (183+ days per year)
- •foreign income of non-tax-resident visa holders is generally not taxed
Application process
- 1.create an account and submit the application with supporting documents via evisa.imigrasi.go.id
- 2.pay the visa and permit fees once approved
- 3.receive the e-visa by email and the e-ITAS/re-entry permit automatically on arrival
- 4.report on compliance with the investment commitment within 90 days of arrival
- 5.attend the mandatory in-person biometric appointment (introduced May 2025) to finalize the physical KITAS card