Indonesia introduces new 10-year visa for tourists with $130,000 in the bank (2024)

FAQs

Indonesia introduces new 10-year visa for tourists with $130,000 in the bank? ›

Synopsis. A new “second home visa” of five years and 10 years are eligible for those possessing at least 2 billion rupiah ($130,000) in their bank accounts, according to a new regulation issued on Tuesday. The policy takes effect on Christmas, or 60 days after the issuance of the new rule.

For a travelling family, only one bank statement or proof of sufficient funds of a minimum of USD 2,000.00 (two thousand US Dollars) per family is needed.

Introduces 10-year Golden Visa programme to attract foreign investment. On 2 June 2023, the Government of Indonesia introduced a "golden visa" programme that allows foreigners to stay for up to 10 years, in an effort to attract more foreign investment (Government Regulation Number 40 of 2023).

Indonesia's New Visa Allows Tourists With $130,000 to Live in Bali for 10 Years. Indonesia has introduced a new visa aimed at attracting wealthy foreigners and boosting the country's economy.

A letter from the bank or a bank statement proving that you have sufficient funds for at least USD $2,000.00 (in the last three months). A letter of employment or sponsors (for non-tourism purposes only) indicating the purpose of the applicant.

While B-1 or B-2 visas may be valid up to 10 years, visitors on B-1 or B-2 will only be permitted to stay in the United States for a short duration (maximum 6 months), as granted by US Customs and Border Protection upon arrival.

The visa on arrival is valid for up to 30 days. You may extend a Visa-on-Arrival once at the immigration office one week before it expires for an additional 30 days for a maximum of 30 additional days, for another 500,000 Rupiah. Permissible Visa-On-Arrival activities include: Tourism.

Yes, US citizens need a visa to go to Indonesia if they are staying for more than 30 days. However, US citizens can apply for a visa on arrival (VOA) at certain Indonesian airports and seaports. The VOA costs $35 and allows US citizens to stay in Indonesia for 30 days.

Is the Indonesia visa changed in 2024? ›

Exploring Indonesia's New Multiple Entry Visa Policy 2023. As of December 20, 2023, the multiple entry visa policy has expanded to include all foreigners, catering to both business and tourism. This policy will be effective from January 1, 2024.

A lot depends on where you want to stay, how you want to lead your life, etc. However, it's certainly possible to live in Bali for less than $1,000 a month (USD) and most lifestyles are affordable compared to Western countries.

The Bali on Arrival Visa allows US citizens to stay in Bali for six months. After the six months are up, travelers can apply for a new single entry visa for another six months. This process can be repeated several times if you want to stay in the country for a longer period of time.

The Basic Requirements To Retire In Bali

An annual income of $3,000/month or $50,000 as a lump sum. To be over the age of 55 years old. To hire one local person as household staff. To have health insurance.

Personal bank statement with minimum amount USD $2000 or equivalent the last 3 months period (including name, date of period, and balance account).

60,000 to Rs. 80,000 per person. The cost of a trip to Indonesia from India depends on factors such as the time of year and the accommodation type. However, if you are struggling to cover the cost of your Indonesia trip, a personal loan can provide the necessary financial assistance.

(1) Bank must maintain minimum capital adequacy ratio (CAR) of 8% (eight percent);

Effective 14 February 2024 onwards, all international visitors to Bali will be required to pay 150,000 IDR (approximately 10 USD) on arrival. This one-time payment is required prior to entry, whether by land, sea, or air.