Long-Term Visa “Second Home” Is Officially Launched

Indonesian Minister of Law and Human Rights Yasonna H Laoly officially implemented the Second Home Visa policy in Indonesia on Wednesday (21/12/2022).

“The Ministry of Law and Human Rights through the Directorate General of Immigration will provide new facilities for global investors who wish to stay longer in Indonesia, namely Second home visas…”

What is Second Home Visa?

Second Home Visa gives the right to stay in the country for 5 or 10 years (subject to all conditions) and engage in various activities that are not related to work.

Also, “Second Home” visa holder can sponsor family (permit for followers) with the same period as the visa validity.

Who Are Eligible To Apply For a Second Home Visa?

The Second home visa is for specific foreign nationals and former Indonesian citizens who wish to stay and make a positive contribution to the Indonesian economy.

Main Requirements

• Passport validity min 36 months;
• Proof of funds in the form of an Indonesian bank account owned by a foreigner of at least IDR 2 billion* OR proof of ownership of luxury real estate in Indonesia.

* Second Home VISA holders can use the money in their bank account, provided that upon the immigration office’s request, they are able to provide a current balance statement of at least Rp. 2 billion again.

Key Points

1. The term of the Second Home ITAS cannot exceed the validity period of the Passport of Foreign Nationality.
2. If the Second Home Stay Permit expires, then the Second Home Stay Permit of his followers also ended.
3. The proof of owning luxury real estate, does not include long term lease. It should be Hak Pakai (right to use).
4. Changing the status of a Second Home Limited Stay Permit to a Second Home Permanent Stay Permit can be implemented provided that you have lived in Indonesia for at least 3 (three) years as the holder of a Second Home Limited Stay Permit.
5. Retirement Kitas Holders can still receive services based on the previous regulations until a further decision is issued.