Indonesia Introduces ‘Second Home’ Visa

Indonesia Introduces ‘Second Home’ Visa

Indonesia is offering “Second Home” visas in a bid to attract wealthy foreign nationals. 

The visa was officially introduced on 26 October 2022 with an aim to bolster Indonesia’s economy. The visas are for durations of five and ten years for a stay in Bali, the country’s prime tourist destination.

The decision is set to enter into force on 25 December of this year.

According to reports, the visas are meant for those who have at least IDR 2 billion (USD 130,000) in their bank accounts.

How To Apply For The “Second Home” Visa

Those willing to take up the scheme will have to furnish four documents.

The applicants will have to provide:

  • proof of funds,
  • national passport valid for at least 36 months
  • a recent colour photograph
  • a curriculum vitae

All applications will be submitted through a website-based application at the official website.

Indonesia’s “second home” visa scheme places it among a select group of countries that already have long-term stay plans for foreigners, such as Costa Rica and Mexico.

Earlier in June 2022, Indonesia also revealed plans of introducing a five-year digital nomad visa for Bali. Several other countries, including Spain, have also announced their digital nomad visa plans.

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Charlie

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