Last Updated on February 23, 2023
Key Points
The government of Indonesia will launch a new multiple-entry, 10-year investment visa on 25 December 2022
Overview
The government of Indonesia will launch a multiple-entry investment visa, known as the second home visa, on 25 December 2022. Eligible applicants must possess at least IDR two billion or more when applying for the visa. The second home visa has a validity period of either five or 10 years and permits multiple entries to the country.
Holders of this visa will be permitted to carry out investment activities in the country but not undertake hands-on work activities that generate a profit while in Indonesia.
What are the Changes?
The government of Indonesia will launch a new investment visa on 25 December 2022. According to the government, the new visa type is expected to allow foreign nationals to contribute positively to the Indonesian economy.
Looking Ahead
Continue to check the government of Indonesia's website and Envoy’s website for the latest updates and information.
Content in this publication is for informational purposes only and not intended as legal advice, nor should it be relied on as such. For additional information on the issues discussed, consult an attorney at one of the two U.S. Law Firms working with the Envoy Platform or another qualified professional. On non-U.S. immigration issues, consult an Envoy global immigration service provider or another qualified representative.
