Indonesia is introducing a golden visa scheme to attract foreign corporate and individual investors. The scheme offers between five-to-10-year resident permits, depending on their investment value.
Indonesia is introducing a ‘golden visa’ program to attract quality, high-net-worth individual and corporate foreign investors. Under this new visa scheme, foreign investors can receive a resident permit of between five and 10 years, depending on the value of their investment.
Individual investors must establish an Indonesian company worth US$2.5 million to receive the five-year visa or a US$5 million investment for the 10-year visa. Further, individuals who do not wish to establish a local entity can invest at least US$350,000 into shares of a local public company, deposit or savings accounts, or Indonesian government bonds, to be eligible for…
