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.
If you need help applying or extend your visa, we will be glad to assist. Just contact us to get detailed information
