Indonesia To Launch Golden Visa Program

Name: Indonesia To Launch Golden Visa Program | IaM (Immigration and Migration) |
Uploaded: 2023-08-03T16:00:00+00:00
Description: In a world where borders are fading away and global mobility becomes a key factor in modern life, countries

In a world where borders are fading away and global mobility becomes a key factor in modern life, countries around the world have recognised the potential of attracting foreign investors, entrepreneurs, and high net-worth individuals through their residency-by-investment programs, popularly known as the Golden Visa Program.

Foreign citizens who seek to get residency in Indonesia through the Golden Visa Programme will be able to do so as the program will go into force in one or two weeks.

The Golden Visa scheme allows wealthy foreign citizens to reside in Indonesia legally, provided they meet specific conditions, such as making a financial investment in the country and meeting the needed requirements.

Officials hope that the new visa category will help attract international talent to boost the Indonesian economy.

Indonesian Immigration director-general Silmy Karim noted that the Golden Visa policy would benefit the government because apart from the visa being highly selective, those looking to acquire the visa must invest a large amount into the country.

How To Qualify For Indonesia’s Golden Visa

Companies wishing to obtain Indonesia's Golden Visa must make a real investment of at least US$50 million. For individuals, the investment value in government bonds must be at least $350,000.

Eligible applicants can get a multi-entry visa that is valid for five to 10 years. They can later conduct business and other activities in Indonesia.

According to reports, the policy would later target highly knowledgeable foreign citizens including researchers from some of the world's leading universities. The visa could also be given to artificial intelligence (AI) developers.

Do you have plans to visit Greece? Talk to us in the comment section below. Or if you need more advice on the above, contact us for further travel & immigration advice.

Check out the deals we have found below and tell us your travel plans.

Check out the offers and discounts from:

And because of the pandemic, don’t forget to get your travel insurance, which will cover you for flight disruptions and pandemic related matters.

IaM can help with your visa application to Europe, the United States, the UK & other countries

If you need help with a US visa, a UK Visa, or a visa to Europe, including help with appointment booking obligations, IaM can help. For more information and advice on US immigration, UK immigration law and US visa applications or if you need any help or assistance please, reach out to your Visa Coordinator at IaM.

Some of our posts include affiliate links. If you choose to purchase any of these products, we might get a small commission. For more information, check out our TOS.