The General Directorate of Immigration has officially introduced a long-term visa “Second Home” for foreigners in Indonesia. This visa is intended for foreign citizens who plan to make a contribution to the Indonesian economy.
“The main goals are to attract foreign tourists to Bali and other destinations, Encouraging economic growth and Developing property business in Indonesia.”
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.
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 is required.
How To Apply For a Second Home Visa
STEP 1. Getting e-Visa to enter the country
To apply for eVisa, the applicant has to provide:
✔️ Passport valid for at least 36 months
✔️ A letter of guarantee stating that the applicant or guarantor will provide proof of funds with a minimum balance of IDR 2,000,000,000 or the equivalent of USD 150,000 / Hak Pakai (right to use) agreement of property (value of IDR 5,000,000,000) or apartment (value of IDR 2,000,000,000).
✔️ Passport size 4×6 photo on a white background
✔️ CV (curriculum vitae)
The process takes 8 business days. Once the e-Visa is ready, you will be able to come to Indonesia. You will have 90 days to use this visa after it has been issued.
STEP 2. Come to Indonesia
You will need to entrance through the ITAS section upon arrival. Your picture will be taken at the airport, and you will get your ITAS immediately. Airport immigration will stamp your passport, stating you must provide proof of funds/property within 90 days.
STEP 3. Provide the proof of funds or property
Within 90 days of issuing a Second Home ITAS, the applicant should provide Immigration with proof of sufficient funds for issuing an ITAS in the form of:
- an account owned by an applicant, for an amount of at least Rp. 2 billion in an Indonesian Government Bank (BNI, BRI, Mandiri)** or
- proof of ownership of luxury real estate in Indonesia on behalf of an applicant in form of Hak Pakai (Right to use) agreement of property value of Rp. 5 billion or apartment value of at least Rp. 2 billion.
In case of a foreigner cannot show proof of fund/property in an Indonesian state-owned bank within 90 days, the ITAS will be canceled by the Immigration.
* 5 years ITAS may be directly extended in 5 years since granted up to 5 or 10 years.
** Second Home ITAS 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.
If you have any questions, please feel free to contact us. We will be glad to assist you
Why do the funds need to be in Indonesian bank if we’re non-taxable foreigner, isn’t proof of funds from foreign bank valid?
The Second Home visa will become available only at the end of December, perhaps some conditions for obtaining it will still be changed. Let’s wait for the final decision of the Indonesian government.
Hello can you advice of agents that could help me with the process of the new 10 year Visa for Bali. I am 59 years &retired. need to move there with my wife.
Second Home Visa is still not available. Please stay in touch when the visa will be officially launched, we will be glad to help you to get it. Thank you
Hi there, The regulations of owning luxury real estate, does this include long term lease?
Does not include. It should be Hak Pakai (right to use)
Hello. Will vaccine passport be required to apply? What is the tax regimen?
I would like to know more about how to apply for this visa. Is this Visa now available?
Unfortunately, despite the announcement that the visa Second Home is officially launched, it is still not possible to apply for a visa. Please stay in touch, we will post update as soon as we received official confiormation from the Immigration.
Hello
Is the second home visa available? What is the amount needed to spend on a luxury house?
Hello
I need information for the second home visa
The money 2 bilion can be invest in government bond in bank mandiri ?
Is possible in bank bca or need to be mandiri ?
Possible in BNI, BRI, BTN or MANDIRI BANK
Is there any requirement to stay in Indonesia for a minimum length of time in each year under the second home visa?
Also, after 10 years, can the second home visa be further extended?
I am interested in this too. Can we extend the visa after the 10 years ?
Can the Foreigner under this scheme own a property outright, freehold?
Yes, ITAS holders can buy the property as freehold form
Is second home visa still available
Yes, it is. We will be glad to assist you. Please contact us via WhatsApp +62 812 3754-5909 or email info@balibusinessconsulting.com to get detailed information. Thank you