Indonesia Golden Visa

Indonesia's Golden Visa is a label for a group of long-stay visas, not a single visa. The official visa list tags a dozen indices with it. Immigration groups them as corporate investors, individual investors, global talent, second home, silver hair, personage, investors in the new capital Nusantara (IKN) and repatriation for former citizens and their descendants.

This page covers the two individual investor routes: E28B for investors who found a company in Indonesia and E28C for capital market investors who don't. Both are open to any nationality and need no sponsor. The program launched on July 25, 2024.

• Stay: 5 years or 10 years, depending on the investment.
• Government fees: IDR 13,000,000 or IDR 19,500,000, matching the stay.
• Family: holders can bring family to live in Indonesia.
• Travel: entry and exit while the re-entry permit is valid.
• Service: priority immigration handling, per Immigration's May 21, 2026 release.

The second home visa (E33) and the no-sponsor retirement visa E33E also carry the Golden Visa tag and have their own pages.

E28B and E28C are open to foreigners of any country who qualify to invest in Indonesia, according to the official E28B and E28C pages. The investment sets the length of stay:

The investment has to be in place within 90 calendar days of the ITAS being granted, under Permenkumham 22/2023 (Arts. 39 and 40) as amended by Permenkumham 11/2024. E28B applicants also show that they hold shares in a company outside Indonesia, backed by the parent company's accounts audited by an international accounting firm, plus proof of that company's turnover. The official pages don't publish a minimum shareholding or turnover figure.

Directors and commissioners of a foreign company's new Indonesian branch or subsidiary use a separate index, E28D, where the company makes a much larger investment.

Both routes share the same base documents, according to the official E28B and E28C pages:

• Passport: a national passport valid for at least six months.
• Bank statement: the last three months, showing at least $2,000 or the equivalent in another currency.
• Photo: a recent color photo taken within the last year.
• CV and itinerary: a curriculum vitae and a travel itinerary.

E28B adds the shareholding proof, the audited accounts, the turnover evidence and a signed commitment to found the Indonesian company. E28C adds evidence of the bond, share, mutual fund or apartment investment.

Stateless applicants and holders of non-national travel documents also need a re-entry permit for their country of application and a return or onward ticket.

Government fees are paid at application, according to the official E28B and E28C pages:

• Stay of up to 5 years: IDR 13,000,000.
• Stay of up to 10 years: IDR 19,500,000.

Each amount covers the limited stay visa, a verification fee, the ITAS and the re-entry permit. The pages don't list fees for family members, who apply for their own visas.

The investment itself is the main cost; the thresholds are set out under Who Qualifies.

Applications go through evisa.imigrasi.go.id, where the applicant needs an account. No sponsor is needed.

1. Apply: upload the documents for E28B or E28C and pay the fee for the chosen stay.
2. Processing: Immigration checks the file, verifies payment, approves and issues the visa within 5 days of payment, counted in working days.
3. Travel: enter Indonesia within 90 calendar days of the visa's issue date.
4. Arrival: the ITAS and re-entry permit are issued automatically when the immigration officer admits the holder.
5. Invest: complete the investment within 90 calendar days of the ITAS being granted.

The first ITAS runs 5 years or 10 years, depending on the tier. It can be extended once the investment commitment is met, under Permenkumham 22/2023 (Art. 112). Total ITAS time is capped at 10 years (Art. 113).

Individual investors on either tier, with or without a company, can apply to convert the ITAS into a permanent stay permit (ITAP) under Permenkumham 11/2024 (Art. 120).

E28B holders may sit on the board of directors or commissioners of the company they invested in and be paid for that role or their investment. E28C holders may receive returns on their investment. Work that doesn't match the permit is prohibited for both.

No official source sets a special tax regime for Golden Visa holders. The visa decides immigration status; tax residency follows the general rules.

Under tax regulation PER-23/PJ/2025, a foreigner is an Indonesian tax resident if they live in Indonesia, spend more than 183 days there within any 12-month period or are in Indonesia during a tax year with the intent to live there.

An ITAS valid for more than 183 days counts as evidence of that intent. E28B and E28C permits run 5 years or 10 years.

Tax residents are taxed on worldwide income, under Finance Minister Regulation 18/PMK.03/2021, so investment income from abroad counts once residency starts. Someone who is also resident in a treaty partner country has their status settled under that treaty.