E28C Capital Market Investor Visa

Who can apply for this visa?

     

    This investor visa may be applied for by foreign nationals from any country who meet the requirements to invest in Indonesia. It is intended for individual investors who plan to purchase government bonds, shares in publicly listed companies, or mutual funds in publicly listed companies at a specified value, with a stay period of up to 5 (five) or 10 (ten) years.


     

Visa summary

     

    Type of visa          : Temporary stay visa for individual investors intending to purchase government bonds, shares in publicly listed companies, or mutual funds in publicly listed companies with a specific value, in accordance with the regulations in the immigration laws.

    Period of stay       : 5 years and 10 years

    Extension             : Extendable 

    Change of status  : May be converted to another temporary stay

                                   permit 

                                  

Permitted activities

     

    With this visa, you can invest and conduct business activities. 

     

    You can bring your family to live in Indonesia. This visa allows multiple entries and exits from Indonesia as long as the Re-Entry Permit remains valid. You can purchase goods, visit tourist attractions, friends, or family.

     

    You are also allowed to receive compensation or benefits from the investment you make.

Prohibited activities

     
    • Staying in Indonesia exceeds the validity period of your stay permit.
    • Engaging in work that is not in accordance with the type of your stay permit.
    • Engaging in activities that are not in line with the description of activities and the rights granted, unless a change or a multiple activity application has been submitted.

Sponsorship

     

    You don’t need a sponsor to apply for this visa.

Fees

     

    Stay permit up to 5 years: IDR 13,000,000

     

    Fees include:

    • Temporary stay permit: IDR 7,000,000
    • Visa: IDR 500,000
    • Verification cost II: IDR 2,000,000
    • Re-entry permit: IDR 3,500,000

     

    Stay permit up to 10 years: IDR 19,500,000

     

    Fees include:

    • Temporary stay permit: IDR 12.000.000
    • Visa cost: IDR 500.000
    • Verification cost II: IDR 2.000.000
    • Re-entry permit: IDR 5.000.000

Visa application

     

    You must have an account at evisa.imigrasi.go.id before applying for a visa. After having an account, you can apply for a visa after logging in at evisa.imigrasi.go.id by submitting electronic files (file format details) of foreigners, such as:

    • a nationality passport that is still valid for at least 6 months before it expires
    • proof of living expenses in Indonesia in the form of a bank statement in the foreigner's or sponsor's name for the last 3 months of at least USD 2,000 or an equivalent amount in other currencies
    • recent color photograph. Details
    • curriculum vitae,
    • travel itinerary

Specific requirements

     

    5-year visa

     
    • Proof of ownership of Indonesian government bonds/shares in publicly listed companies in Indonesia, or mutual funds in publicly listed companies in Indonesia, of at least USD 350,000.
     

    10-year visa

     
    • Proof of ownership of Indonesian government bonds/shares in publicly listed companies in Indonesia, or mutual funds of at least USD 700,000; or
     
    • Proof of ownership of a condominium or apartment valued at least USD 1,000,000.

     

Other provisions

     
    • Foreigners without citizenship or foreigners holding travel documents (not national passports) in the form of temporary passports, emergency passports, titre du voyage, certificate of identity, laissez passer, or other equivalent documents must attach a Re-Entry Permit document to the country where the visa is applied from and a return ticket/onward ticket to another country.
    • The visa is valid for 90 days from the date of issuance. If it is not used after that period, foreigners must apply for a new visa to enter Indonesia.
    • Please note that the visa validity period differs from the period of stay, so kindly check your visa for information on the length of stay.
    • The temporary Stay Permit (ITAS) and Re-Entry Permit will be issued after the officer permits you to enter through the Immigration Border Control.

Visa-granting process

     

    Visa application at the Directorate General of Immigration, the officer will:

    • check your documents;
    • verify your immigration fee payment;
    • create your profile in the system and verify;
    • approve your application;
    • issuing your visa.
     

    Processing time is four working days after visa payment is received.