Indonesia Golden Visa & Investment Programmes

Indonesia Golden Visa Program

In September 2023, Indonesia launched a new Golden Visa programme which grants foreign investors a temporary five-year or ten-year residency visa in return for an investment into either government bonds, a bank deposit or the purchase of shares in a public company.

Investment starts from $350,000 for a five-year visa, or from $700,000 for a ten-year visa. It is also possible to obtain Indonesia’s Golden Visa by establishing a company with at least $2.5 million of investment, for a five-year visa; or $5 million, for a ten-year visa.

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Indonesia Second Home Residency Visa

Indonesia also launched a Second Home Residency visa in early 2023, similar to the offering of other Asian countries such as Malaysia and Thailand.

This programme is aimed at wealthy foreigners looking to obtain a long-stay residency visa in Indonesia by depositing a minimum of 2 Billion Indonesian Rupiah, approx. $130,000 in a state-owned Indonesian bank.

Indonesia, particularly Bali, has become a very popular destination for ex-pats and digital nomads, attracting thousands of new temporary residents each year. It is important to note that neither route offers Indonesian citizenship. Both Indonesia’s Golden Visa programme and Second Home programme are temporary residency permits which cannot be made permanent or later converted into citizenship. Investors looking for a more permanent solution may want to consider one of several other RCBI programmes which can result in either permanent residency or full citizenship and a second passport. See some of the most popular options below.

Indonesia Citizenship By Investment

Indonesia does not currently offer a direct citizenship by investment programme. Unlike countries such as Malta, or St Kitts, Indonesia does not grant citizenship based solely on financial investment in real estate, government bonds, or local businesses.

Indonesia Dual Citizenship

Although Indonesia does not offer a formal citizenship by investment programme, under naturalization laws, foreigners can apply for citizenship after living in Indonesia for at least five years as a permanent resident (KITAP holder). However, Indonesia does not allow dual citizenship so those who apply must renounce previous citizenships.

Indonesia Passport Strength and Visa-Free Travel

For those who obtain Indonesian citizenship, the passport offers a distinct set of global mobility benefits. According to our La Vida Passport Value Report, the Indonesian passport currently ranks 115th worldwide, with visa-free or visa-on-arrival access to 88 countries. In terms of global wealth access for investors, the Indonesian passport provides visa-free entry to 38.8% of the world’s GDP. While not among the most powerful passports, it remains a valuable asset for travel and business within its region and select international destinations.

For those seeking more robust residency or golden visa options within Asia, Malaysia and Thailand offer attractive alternatives. Malaysia’s My Second Home (MM2H) program provides long-term, renewable visas for investors  (Malaysia MM2H Program3). Thailand offers elite residency programs that grant extended stays and visa privileges for qualifying applicants (Thailand Elite Visa). Both countries are popular choices for international investors looking to establish a long-term base in Asia.