The Moores Rowland in Bali Office Welcomes the Latest Government Regulation Regarding the "Second Home Visa"
The Second Home Visa is now officially introduced by the Government to further attract Foreign Citizens to Live in Indonesia on a Long-Term Basis. What do you need to know about this new visa? We've put the information together for you.
- Establishing an Improved Tourism Climate.
The Directorate-General of Immigration has officially launched the Second-Home Visa (“Visa”) policy through the issuance of Circular No. IMI-0740.GR.01.01 of 2022 on the Granting of Second Home Visas and Limited-Stay Permits (“Circular”). In this regard, the Acting Director-General of Immigration, Widodo Ekatjahjana, (“Director-General”) has stated that the Visa has been introduced to further attract international tourists to visit Bali, and other tourist destinations across Indonesia, thus establishing an improved tourism climate.
- Who is Eligible?
Those eligible to secure Second-Home Visas comprise foreign citizens, or former Indonesian citizens that have made a positive contribution to the Indonesian economy. By securing this Visa, said foreign citizens may live in Indonesia for five- or ten-year periods and engage in various activities (e.g. investments).
- Terms and Conditions
In order to secure the Visa, an application must be submitted through a website-based app (visa-online.imigrasi.go.id) along with the following required documents:
- Passports with a remaining validity period of at least 36 months
- Proof of funds (e.g. as belonging to the applicant or a guarantor) amounting to at least IDR. 2 billion
- Passport photo
- Curriculum vitae
- The Non-Tax State Revenue (Penerimaan Negara Bukan Pajak - “PNBP”)
The Director-General has affirmed that the Visa policy will become effective within 60 days of the issuance of the Circular. (Imigrasi.go.id). The fee for the Visa is Rp. 3 million, which may be paid outside Indonesian territory through the available PNPB portals.
According to Mr. Ekatjahjana, "This immigration policy is one of the non-fiscal incentives that can be a stimulus for some foreigners to stay and make a positive contribution to the Indonesian economy amid increasingly dynamic global economic conditions."
Moores Rowland Indonesia is a member of the Praxity alliance with a presence in major economies of the world. If you need assistance from regarding the complexities of Indonesia’s taxes, business market, and visas in today’s global economic climate. please get in touch with us via the following emails: email@example.com or firstname.lastname@example.org.
**By: Stefani W. Anggraeni — Marketing Communications & Social Media Specialist