Indonesia New Golden Visa Program Updates 2025

December 13, 2023

General Updates & Key Points:

Purpose: The Golden Visa program aims to attract foreign investors, global talents, and former Indonesian citizens to boost economic growth by offering long-term residency options in exchange for investments or expertise.
Benefits: Golden Visa holders enjoy benefits such as streamlined business procedures, multiple re-entry permits, extended residency periods (5-10 years), and the possibility of including family members. They also get priority immigration services at international airports.
Investment Requirements: Investment amounts vary based on the type of applicant and the desired length of stay.
* Individual Investors Establishing a Company: To get a 5-year visa, a minimum of US
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 $2.5 mi ll i o nin v es t m e n t i sre q u i re d; f or a 10 - ye a r v i s a, U S$ 
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5 million.
- Corporate Investors Establishing a Company: To secure visas for directors and commissioners, investments of US
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US 25 million (for5−yearvisa 
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  or 50 million (for 10-year visas) are required.
- Individual Investors (without establishing a company): Investment in Indonesian government bonds, shares or deposits of at least US
  or 700,000 for a 10-year stay.
Visa Categories: The Golden Visa has multiple categories, including individual investors, corporate investors, the Indonesian diaspora, global talent, and retirees.
Application Process: The application process is primarily online via the official immigration website.

Recent Developments & Statistics (Late 2024/Early 2025):

Visas Issued & Investment Generated: As of December 2024, approximately 471 Golden Visas had been issued since the program’s launch in July 2024, attracting about $558 million (Rp 9 trillion) in investments.
Visa on Arrival: From January 1 to December 15, 2024, the Ministry of Immigration issued 5.16 million visas, 89% of which were Visas on Arrival.
Bali: As of January 2025, only four applications for the Golden Visa had been made by foreigners investing in Bali’s property and hospitality sector. The applicants are from Russia and Hong Kong, and their applications are under review.

Important Considerations:

Minimum Investment: Depending on the visa category, the minimum investment ranges from USD 2,000 to USD 5,000.
Document Requirements: To apply, you’ll need a valid passport (6 months validity), a recent color photograph, and proof of financial capacity.
Online Application: Applications are submitted through evisa.imigrasi.go.id.

Keep in Mind:

The Indonesian government is selective in processing applications, emphasizing active investment in the country.
The Golden Visa program is relatively new, having been officially launched in late July 2024.
The government had an initial target of issuing 1,000 Golden Visas by the end of 2024, but it appears this target was not met.

This visa will provide a convenient 5 or 10-year path to citizenship, granting holders the freedom to live, work, and invest in the country, including sought-after destinations like Bali. The tourism minister, Sandiaga Uno, envisions the golden visa as a game-changing policy that will lure skilled individuals in digitalization, health, research, and technology, along with entrepreneurs and digital nomads.

Not Indonesia’s First Golden Visa

Although Indonesia’s golden visa is on the horizon, the country has already been catering to wealthy retirees and digital nomads with its Second Home visa. This 10-year visa allows eligible foreigners to reside in Indonesia’s stunning tourist spots. Applicants need to demonstrate proof of funds totaling approximately $130,000 deposited in a local bank to secure this visa, which became available in December last year.

The Golden Visa Craze in Southeast Asia

Indonesia’s decision to join the golden visa trend has solidified the country’s position in a growing club of Southeast Asian nations that recognize the immense potential of this enticing opportunity. Countries like Malaysia, Singapore, and Thailand have already embraced investor visa regulations, seeking to attract top talent and vital investments. Singapore, renowned for its thriving economy, offers a long-term visa with an investment threshold of nearly $8 million, making it an attractive option for wealthy Chinese nationals seeking stability and economic security close to home. Moreover, Singapore’s ONE Pass program extends long-term visas to foreign workers earning a minimum of $22,000 per month.

Malaysia’s Offerings for Investors

Malaysia, a country teeming with diverse opportunities, has been actively welcoming foreign investors through two alluring investor visa programs – Malaysia My Second Home and the recently-introduced Premium Visa Program. These initiatives grant long-term residency visas with varying validity periods, in exchange for local bank deposits starting from approximately $215,000. These visa options have significantly contributed to Malaysia’s economic growth and have successfully attracted foreign talent to fuel the nation’s development.

Indonesia Prepares For It’s New Golden Visa

As Indonesia readies itself to introduce the golden visa program, it stands poised to catalyze a surge of investment and attract a vibrant pool of skilled professionals to contribute to the nation’s progress. The Southeast Asian region, embracing the golden visa trend, is set to witness an influx of international interest and an economic renaissance. The golden visa program opens doors to endless opportunities for those seeking to embark on an exciting journey in a land of captivating beauty, rich heritage, and boundless potential. As September approaches, the world awaits Indonesia’s golden visa program with bated breath, eager to witness the transformation of this tropical gem into a global hotspot for talent and investments.