Indonesia, with its strong economic growth and strategic location, presents a compelling landscape for investment. As you consider establishing or expanding your business in this dynamic archipelago, understanding the legal framework for your residency is crucial. For active investors, the E28A Investor KITAS is your key to unlocking long-term stay and hands-on involvement in your Indonesian venture.
In this article, we dig deeper into E28A. This visa is specifically designed for foreign nationals who are making a significant investment in Indonesia and wish to reside in the country to manage their business interests.
First thing First: What is E28A
E type of Index E visa is commonly known as KITAS, which stands for Kartu Izin Tinggal Terbatas or Limited Stay Permit. There are four types of foreign investment KITAS, all categorized under E28. E28A is designed for members of the board of directors/commissioners of a foreign investment company in Indonesia.
Why the Investor KITAS E28A is Ideal for You
Direct Involvement in Your Investment
Unlike other visa types, the E28A allows you to reside and manage your investment activities without needing a separate Work Permit (IMTA). This means less bureaucracy and more focus on growing your business.
Long-Term, Stable Residence
The Investor KITAS is typically issued for 1 or 2 years and can be extended. According to the Indonesian immigration on E28A, after four consecutive years of holding the Investor KITAS, you may become eligible to apply for a Permanent Stay Permit (KITAP), offering even greater stability.
Flexibility to Travel
The E28A is a multiple-entry permit, allowing you the freedom to travel in and out of Indonesia as needed for business or personal reasons without reapplying for an entry visa each time.
Bring Your Family
This visa allows you to sponsor your spouse and children (under 18) for dependent stay permits, enabling your family to join you in Indonesia.
Foundation for Business Operations
Having an Investor KITAS facilitates essential activities like opening local bank accounts and managing your company’s affairs effectively from within Indonesia.
Am I Eligible for the Investor KITAS?
The primary requirement for the E28A Investor KITAS is demonstrating a substantial investment in an Indonesian PT PMA. While specific figures can change, the widely referenced minimum investment required is IDR 10 billion in company shares in the company sponsoring your visa. You must also typically hold a position as a Director or Commissioner in that company.
Navigating the Application Process
Obtaining the E28A Investor KITAS involves several steps, starting with sponsorship from your Indonesian company. According to the Regulation of the Indonesian Minister of Law and Human Rights Number 36 of 2021, the E28A sponsor can either be a person or a company, both must be based in Indonesia for at least six months prior.
Though streamlined compared to some other visa types, this process still involves detailed documentation, coordination with Indonesian authorities, and adherence to specific procedures – burdens you don’t need to carry. Our team is here to handle them all. We take care of preparing your documentation, liaising with your sponsoring company, managing submissions, and tracking your application’s progress, allowing you to focus your energy on achieving your investment goals in Indonesia.
Let Us Help You Secure Your Investor KITAS
We understand that as an investor, your time is valuable. Navigating foreign visa regulations, gathering the correct documents, and liaising with government agencies can be complex and time-consuming.
Our legal team at Bali Business Consulting specializes in Indonesian immigration law and procedures, particularly for investors. We offer expert assistance to guide you through every step of obtaining your E28A Investor KITAS, ensuring a smooth and efficient application process.
Don’t let the visa process slow you down. Contact us today for a consultation and learn how we can help you secure your E28A Investor KITAS.
