Golden Visa

Open Last verified October 2026

Open. Launched in 2023–2024 under Ministry of Law and Human Rights regulations. The tiers below are set by Permenkumham 22/2023, arts. 39 and 40, as amended by Permenkumham 11/2024, and match the immigration service's E28B, E28C, E28D and E28F visa pages.

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 works best for 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, a residential apartment worth at least USD 1,000,000

$2.5M

Individual — company establishment, 5 years

USD 2.5m to establish a company in Indonesia

$5M

Individual — company establishment, 10 years

USD 5m to establish 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 apply within the new capital zone: USD 5m for 5 years and USD 10m for 10 years

The facts

Minimum investment: $350k
Total landed cost: USD 350,000 minimum committed investment, to be deployed within 90 days of entry, plus the immigration fee (PNBP) of Rp13,000,000 for a stay of up to 5 years or Rp19,500,000 for up to 10 years
Route type: Residency by investment
Timeline: 1–4 months (Filed online at evisa.imigrasi.go.id. The visa is issued within five working days of the fee being paid and must be used within 90 days of issue.)
Physical presence: There is no minimum stay to keep the visa. But spend 183 days or more in the country and you become an Indonesian tax resident on your worldwide income.
Family: SpouseDependent children under 18 qualify with no additional investment required, though 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: There is no realistic route. Indonesian naturalisation requires 5+ years of continuous residence, Indonesian language, and renunciation of other citizenships.
Language test: Indonesian language is required for naturalisation.
Dual citizenship: Not permitted. You would have to renounce.
Requirements: A 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 living costs: bank statements for the last 3 months showing at least USD 2,000 or the equivalentClean criminal record, and a valid passport with 6+ months validity

What can go wrong

Stay 183 days or more and you become tax resident on your worldwide income, at up to 35%, with CFC rules in force. That is the opposite of what you get in Malaysia, Singapore, Thailand with an LTR visa, 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. Withdraw early without a qualifying reinvestment and the visa can be cancelled.
Applicants must also prove they can cover their living costs in Indonesia (Permenkumham 22/2023 art. 39 and 40, as amended by Permenkumham 11/2024). The immigration service asks for bank statements for the last 3 months, in the applicant's or a guarantor's name, showing at least USD 2,000 or the equivalent.
Foreign nationals cannot own freehold land in Indonesia. The USD 1m apartment route runs through a Hak Pakai, or right of use, structure, not freehold. Nominee arrangements designed to get around this are void and are routinely litigated.
The Director General of Immigration can change the investment amounts after coordinating with the relevant ministries (Permenkumham 22/2023, arts. 39(10) and 40(10), as amended by Permenkumham 11/2024). The amounts that apply are the ones on the E28 visa page on the day you apply.
Indonesian bureaucracy and enforcement are inconsistent. The gap between what the regulation says and what happens at the counter is real.

Path to permanent residence and citizenship

Permanent residency. The 10-year visa functions as long-term residence. A formal ITAP permanent stay permit is a separate track.

Citizenship. There is no realistic route. Indonesian naturalisation requires 5+ years of continuous residence, Indonesian language, and renunciation of other citizenships.

Language test. Indonesian language is required for naturalisation.

Dual citizenship. Not permitted. You would have to renounce.