Indonesia · Residency by investment

Golden Visa

Open Last verified July 2026

Open. Launched in 2023–2024 under Ministry of Law and Human Rights regulations. Thresholds below are drawn from secondary sources and the Fragomen/UNCTAD summaries; confirm against the current Directorate General of Immigration regulation before acting, as tiers have been adjusted since launch.

Indonesia's Golden Visa is competitively priced for the region and the 90-day deployment window is workable. But the tax analysis usually kills it for UHNW families: cross 183 days and Indonesia taxes your worldwide income at up to 35%, with CFC rules attached. The visa is best used by families who will NOT become tax resident.

Qualifying routes

$350k
Individual — passive investment, 5 years

USD 350,000 in Indonesian government bonds, IDX-listed shares, or mutual funds

$700k
Individual — passive investment, 10 years

USD 700,000 in government bonds or IDX-listed instruments; alternatively purchase of a residential apartment worth at least USD 1,000,000

$2.5M
Individual — company establishment, 5 years

USD 2.5m establishing a company in Indonesia

$5M
Individual — company establishment, 10 years

USD 5m establishing a company in Indonesia

$25M
Corporate investor (for directors and commissioners)

USD 25m for 5-year visas, USD 50m for 10-year visas, for the company's directors and commissioners

$5M
Nusantara (IKN) capital city zone

Reduced corporate thresholds of USD 5m for 5 years and USD 10m for 10 years within the new capital zone

The facts

Minimum investment
$350k
Total landed cost
USD 350,000 minimum committed investment, deployable within 90 days of entry, plus government and legal fees typically USD 5–20k
Timeline
1–4 months — Reported as fast; e-visa system
Physical presence
No minimum stay to maintain the visa — but 183+ days makes you an Indonesian tax resident on worldwide income
Family
spousedependent children under 18 — no additional qualifying investment required, but separate fees apply
Permanent residency
the 10-year visa functions as long-term residence; a formal ITAP permanent stay permit is a separate track
Citizenship
no realistic route; Indonesian naturalisation requires 5+ years of continuous residence, Indonesian language, and renunciation of other citizenships
Language test
Indonesian language required for naturalisation
Dual citizenship
Not permitted — you would have to renounce
Requirements
Qualifying investment at the tier level in government bonds, IDX-listed shares, mutual funds, property or a companyInvestment placed within 90 days of entry and maintainedProof of financial independence (reported at USD 5,000/month or equivalent savings)Clean criminal record, valid passport with 6+ months validity
What can go wrong
  • 183+ days makes you tax resident on WORLDWIDE income at up to 35%, with CFC rules. This is the opposite of Malaysia, Singapore, Thailand-with-LTR or Hong Kong. Do not confuse a long-stay visa with a tax outcome.
  • The investment must be placed within 90 days of entry and maintained for the visa's duration; early withdrawal without qualifying reinvestment can cancel the visa.
  • Applicants must additionally demonstrate financial independence — reported at USD 5,000 per month of overseas income or equivalent savings.
  • Foreign nationals cannot own freehold land in Indonesia. The USD 1m apartment route is a Hak Pakai (right of use) structure, not freehold, and nominee arrangements to circumvent this are void and routinely litigated.
  • The tier structure has been adjusted since launch and figures in circulation vary. Verify against the current immigration regulation.
  • Indonesian bureaucracy and enforcement are inconsistent; the gap between the regulation and the counter is real.
Sources (3)

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