Indonesia

The passive-investment route opens at USD 350,000 in government bonds, IDX-listed shares or mutual funds for a five-year visa, or USD 700,000 for ten years. Alternatively, you can put that money into a residential apartment worth at least USD 1m. Company-establishment routes cost USD 2.5m for five years and USD 5m for ten, with corporate-investor tiers at USD 25m/50m and reduced thresholds in the Nusantara (IKN) capital zone. The investment must be placed within 90 days of entry and kept in place after that. These thresholds come from secondary sources and have been adjusted since the 2023-2024 launch. Confirm them against the current immigration regulation before you act.

Yes, once you become tax resident, and this usually settles the tax question for wealthy families before it even starts. Cross 183 days and Indonesia taxes your worldwide income at up to 35%, with CFC rules attached. That puts it in a different category from Malaysia, Singapore, Hong Kong or Thailand with an LTR. The Golden Visa works best for families who will not become tax resident. Treat it as a lifestyle decision, not a tax one.

No. There is no minimum stay required to maintain the visa. That is exactly how it is best used, as a long-term Bali or Jakarta base, while staying under 183 days a year to avoid tax residency. A limited four-year territorial regime does exist for certain newly-arrived foreigners with specific expertise, taxing only Indonesian-source income, but it is narrow and does not apply to passive investors generally.

Not freehold. Foreign nationals cannot own freehold land in Indonesia. The USD 1m apartment route is a Hak Pakai, or right of use, structure, not freehold. Nominee arrangements meant to get around this are void and routinely end up in court. Do not rely on them. Land and building transfers carry a 2.5% final tax, and listed-share sales carry a 0.1% final tax on gross proceeds.

Yes to family. A spouse and dependent children under 18 can be included with no additional qualifying investment, though separate fees apply. On tax, Indonesia has no inheritance tax. Inheritances are generally excluded from taxable income, subject to conditions, and there is no wealth tax. Applicants must also demonstrate financial independence, reported at USD 5,000 per month of overseas income or equivalent savings.

The Second Home Visa, effective 2023, is one of the cheapest 5–10 year residence permits in Asia. It requires roughly USD 130,000 (IDR 2bn) held in a state-owned Indonesian bank, or equivalent qualifying property. It confers no work rights and no path to PR or citizenship. It has been largely overshadowed since the Golden Visa launched and activity has been quiet. Our confidence here is low, so confirm it is still being processed before committing funds.

There is no realistic route, and no dual nationality. Indonesia does not permit dual citizenship for adults, and naturalisation requires 5+ years of continuous residence, Indonesian language, and renunciation of your other citizenships. That is not realistically available to these visa holders. The ten-year Golden Visa functions as long-term residence, but a formal ITAP permanent-stay permit is a separate track.

You carry real Indonesian risk on it. The deposit must sit in a state-owned Indonesian bank in IDR. That means you hold Indonesian rupiah and Indonesian bank credit risk on the full amount for up to a decade, and it has to stay in place for the life of the visa. As with the Golden Visa, spending 183+ days in the country means worldwide taxation at up to 35%. Indonesian bureaucracy and enforcement are inconsistent. The gap between the regulation on paper and what happens at the counter is real.