Legal Updates

Indonesia launches second home visa

27.10.2022

In response to the volatile global economic condition, as well as to minimize the economic impact of the COVID-19 pandemic, the Indonesian government has issued Circular No. IMI-0746.GR.01.01 of 2022 on the granting of a second-home visa and temporary stay permit on Tuesday, October 25, 2022. 

Announced less than a month before the scheduled upcoming G20 Summit in Bali, the visa grants foreigners the permission to stay and live in the country for either 5 years or 10 years. According to the government, the visa is aimed towards non-Indonesian citizens who wish to stay and contribute positively to the Indonesian economy. 

Application Process 

Non-Indonesian citizens can apply for the second-home visa through the Indonesian Directorate General of Immigration鈥檚 web-based application (link: visa-online.imigrasi.go.id). The required documents are as follows: 

a. Copy of passport that is valid for a minimum of 36 (thirty-six) months; 

b. Proof of funds in the foreigner鈥檚 or a sponsor鈥檚 bank account (funds must be deposited in an Indonesian state-owned bank) of at least Rp 2,000,000,000 (two billion rupiah, or around US$129,000) or equivalent; 

c. Recent colored photograph (4cm x 6cm) with a white background 

d. Curriculum Vitae 

 

The applicant must pay a non-tax state revenue charge of Rp 3,000,000 (a little less than $200). Payment for a second-home visa can be made outside the territory of Indonesia through the PNBP online payment portal. 

The second-home visa policy will come into effect sixty days after the issuance of the Circular.