Golden Visa E28F -

Corporate Investor (BOD or BOC) that will Establish Branches or Subsidiaries in Nusantara Capital City (NCC)

The Golden Visa E28F – Corporate Investor (BOD or BOC) is tailored for members of the Board of Directors (BOD) or Board of Commissioners (BOC) of companies establishing branches or subsidiaries in Nusantara Capital City (NCC), Indonesia’s new capital. It grants 5 or 10 years of residency, depending on the corporate investment level, and supports key corporate leaders responsible for expanding business operations in NCC. The visa, which can be extended, provides long-term residency and the flexibility to oversee and manage the company’s growth in the new capital, applying to those serving on the BOD or BOC of a foreign company’s branch or subsidiary.

Start From

Rp30.000.000

Length of Stay

Up to 10 Years

Processing Time

40 Business Day

Validity

90 Days

Detail Information

The Golden Visa E28F – Corporate Investor (BOD or BOC) is tailored for members of the Board of Directors (BOD) or Board of Commissioners (BOC) of companies establishing branches or subsidiaries in Nusantara Capital City (NCC), Indonesia’s new capital. It grants 5 or 10 years of residency, depending on the corporate investment level, and supports key corporate leaders responsible for expanding business operations in NCC. The visa, which can be extended, provides long-term residency and the flexibility to oversee and manage the company’s growth in the new capital, applying to those serving on the BOD or BOC of a foreign company’s branch or subsidiary.

With this visa, you can :

  • Carry out business and investment activity in Indonesia.
  • Bring eligible members of your family.
  • Work as a Board of Directors or Board of Commissioners in companies that were established.

You must :

  • Comply with Indonesian laws and regulations.
  • Comply with the employment contract.
  • Respect local customs, culture, and wisdom.
  • Have sufficient living expenses while in Indonesia.

Document Requirement :

5 Years Stay

  • Passport valid for at least 6 (six) months (for holders of travel documents other than passports such as emergency passports, documents of identity, etc. must be valid for 12 months). (JPG Format)
  • Latest color photograph (JPG Format)
  • Curriculum Vitae: Updated resume detailing professional experience. (PDF Format)
  • Travel Itinerary. (PDF Format)
  • Statement of commitment to establish a company in Indonesia with an investment value of at least US$25.000.000 (twenty-five million U.S. dollars) (PDF Format)
  • Proof of turnover/sales value min. US$100,000 in overseas companies contained in financial audit reports from international public accounting firms. (PDF Format)
  • Guarantee Letter from Sponsor: If applicable, or a statement from any relevant government agency. (PDF Format)

 

10 Years Stay

  • Passport valid for at least 6 (six) months (for holders of travel documents other than passports such as emergency passports, documents of identity, etc. must be valid for 12 months). (JPG Format)
  • Latest color photograph (JPG Format)
  • Curriculum Vitae: Updated resume detailing professional experience. (PDF Format)
  • Travel Itinerary. (PDF Format)
  • Statement of commitment to establish a company in Indonesia with an investment value of at least US$50.000.000 (fifty million U.S. dollars) (PDF Format)
  • Proof of turnover/sales value min. US$100,000 in overseas companies contained in financial audit reports from international public accounting firms.(PDF Format)
  • Guarantee Letter from Sponsor: If applicable, or a statement from any relevant government agency. (PDF Format)

Other Information :

  • If you meet the conditions, you will automatically obtain the Electronic Limited Stay Permit (e-ITAS) and the Re-Entry Permit upon arrival at the Immigration Checkpoint (you do not need to go to the immigration office to obtain a Limited Stay Permit and Re-Entry Permit).
  • Staying in Indonesia over the period of your stay permit, engaging in prohibited activities, not complying with visa conditions, and/or not complying with Indonesian laws may result in you paying fines, being deported, and/or other legal charges.
  • In addition to the electronic limited stay permit, the limited stay permit also has a physical card available at the immigration office.
  • Accounting firm list
Deloitte Touche Tohmatsu Limited BDO International Mazars UHY Hacker Young
PricewaterhouseCoopers (PwC) RSM Tenon Haines Watts Kingston Smith
Ernst & Young (EY) Smith & Williamson Crowe Clark Whitehill Zolfo Cooper
KMPG Limited International Baker Tilly International Saffery Champness MHA Macintyre Hudson
Grant Thronton LLP Moore Stephens Bigbie’s Traynor Johnston Carmichael

Price Exclude :

  • NPWP (Personal Tax Number :  1,000,000,- /   5 business days
  • Domicile letter of Indonesia home address :      300.000,- /   3 business days
  • SKTT (Temporary Residential Registration) :  1,000,000,- / 10 business days
  • Address change in the same region :      750,000,- /   5 business days
  • Address change to different region :  1.000,000,- /   5 business days
  • EPO (Exit Permit Only) :  1.000.000,- /   5 business days
  • ERP (Exit Re-entry Permit) :  1.000.000,- /   5 business days

Cancelation :

The cancellation of KITAS or not extending KITAS can be done in the following ways: 

  1. Submit an EPO (Exit Permit Only) to the nearest Immigration Office, two weeks before leaving Indonesia. After receiving the EPO stamp, you must exit Indonesia within a maximum of 7 days from the approval of the EPO.
  2. Submit an ERP (Exit Re-entry Permit) when you are not in Indonesia and have decided to cancel or not extend your KITAS. This can be done by contacting the nearest Indonesian Embassy.
  3. You cannot apply for another type of visa while you have not completed the EPO/ERP process, which may result in a fine.

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