The Pre-Investment Visitor Visa has been officially launched by the Directorate General of Immigration (DGI). Pre-Investment Visa aims to simplify the investment process and make it easier for foreign investors to explore potential business opportunities in Indonesia.
Indonesia has been considered a highly promising investment destination in recent years, with its economy rebounding to a growth rate of 3.7% in 2021 and reaching a growth rate of 5.1% in 2022. The country’s economic growth is expected to accelerate further in 2023, driven by a strong projection of pent-up demand. As per the World Bank, Indonesia is classified as a middle-income country with growing income levels and is anticipated to ascend to upper-income status by 2030.
Silmy Karim, the Director General of Immigration, has stated that the Pre-Investment Visa is a measure put forth by the DGI to promote a more favorable investment environment for affluent foreigners.
How much does it cost and how to apply for this visa?
The Pre-Investment Visa is issued for 180 days of stay in Indonesia for conducting pre-market entry research.
The Pre-Investment Visa is Non-extendable
The Pre-Investment Visa costs IDR 6,000,000 and can be applied for online through the Indonesia Immigration official website.
To apply for a pre-investment visa, applicants must provide the following documents:
- passport with at least 12 months of validity
- recommendation letter by a sponsoring company in Indonesia or a government agency
- letter of intent, explaining the purpose of the visit and the business activities that will be done in the country
- proof of financial capacity to cover the cost of their stay in Indonesia
- return ticket or onward travel
Foreign investors can use the Pre-Investment Visa not only to assess the potential of the Indonesian market for their business, but also to initiate the processing of necessary administrative documents before establishing a company in Indonesia.
The Pre-Investment Visa is an ideal solution for international investors seeking to optimize their investment process and gain a better understanding of the business environment in the country.
Additionally, foreign nationals can also consider other types of visas such as the Business Visa for 60 days extendable 2 times, Second Home Visa, or Investor Visa to facilitate their business activities in Indonesia.
