Golden Visa E28B -

Individual Investor (Establish a Company) – Golden Visa

The Golden Visa E28B – Individual Investor (Establish a Company) allows individuals who establish a company in Indonesia to reside in the country for either 5 or 10 years, depending on the investment level. This visa is designed for investors who significantly contribute to Indonesia’s economy by setting up a business. It provides long-term residency benefits, enabling the holder to manage their investment and live in Indonesia with ease. Additionally, the visa can be extended, offering even greater flexibility for those seeking to maintain a long-term business presence in the country.

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 E28B – Individual Investor (Establish a Company) allows individuals who establish a company in Indonesia to reside in the country for either 5 or 10 years, depending on the investment level. This visa is designed for investors who significantly contribute to Indonesia’s economy by setting up a business. It provides long-term residency benefits, enabling the holder to manage their investment and live in Indonesia with ease. Additionally, the visa can be extended, offering even greater flexibility for those seeking to maintain a long-term business presence in the country.

With this visa, you can :

  • Carry out business and investment activity in Indonesia.
  • Bring eligible members of your family.
  • Carry out work – related activities.

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)
  • Proof of share ownership in companies outside Indonesia contained in the parent company’s financial audit report from an international standard public accounting firm. (PDF Format)
  • Proof of turnover/sales value at least US$ 25.000.000 in companies abroad contained in financial statements that have been audited by an international standard. (PDF Format)
  • Statement of commitment that the Applicant will establish a company in Indonesia with issued capital (shares) or investment value of at least US$2.500.000 (two million and five hudred US dollars) for stay period up to 5 years within 90 (ninety) days from the date of entry into Indonesia. (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)
  • Proof of share ownership in companies outside Indonesia contained in the parent company’s financial audit report from an international standard public accounting firm. (PDF Format)
  • Proof of turnover/sales value at least US$ 50.000.000 in companies abroad contained in financial statements that have been audited by an international standard, (PDF Format)
  • Statement of commitment that the Applicant will establish a company in Indonesia with issued capital (shares) or investment value of at least US$5.000.000 (five million US dollars) for stay period up to 10 years within 90 (ninety) days from the date of entry into Indonesia. (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.

Price Exclude :

  • NPWP (Personal Tax Number :  1,000,000,- /   5 business days
  • Domicile letter of Indonesia home address :      250.000,- /   3 business days
  • SKTT (Temporary Residential Registration) :  1,000,000,- / 10 business days
  • Address change in the same region :      500,000,- /   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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