The Indonesian Immigration Authority has unveiled a Second Home Visa policy targeting upper-middle-class foreign nationals who desire to reside in Indonesia.
A notable distinction between the Second Home Visa and its predecessor is the financial requirement for applicants. Historically, Retirement Visa applicants needed to demonstrate savings between USD 15,000 and 18,000. The new policy mandates applicants to have at least IDR 2 billion deposited in Indonesian banks.
Requirement
- Bank statement showing a minimum balance of IDR 2.000.000.000 ( 2 Billion Rupiah) or equivalent
- Scan color of passport with a minimum 38 months until expiration
- Curriculum Vitae
- Passport sized photos 4 cm x 6 cm
- Residential address in Indonesia
- Guarantor/Sponsor Data (Resident identity card, Business Permit, etc)
Validity
The Indonesia Second Home Visa is granted to foreigners who wish to reside in Indonesia, particularly Bali, for a period of 5 years, with the option of extension.
Price and Process
40.000.000 IDR (45 Days)