Investor’s stay in Indonesia
Investor residency in Indonesia: your key to building a successful investment future. Invest in Indonesia, Asia’s bright gateway, and unlock new horizons for your business with the establishment of this permit that makes it easier for foreign investors to establish and manage their investments and businesses within the country, providing a legal framework that ensures easy access to work and temporary residence permits.
What is the investor’s residence in Indonesia
An investor’s stay in Indonesia is a limited residence permit specially prepared for foreign investors looking to enter and participate effectively in Indonesia’s market. This permit makes it easier for foreign investors to establish and manage their investments and businesses within the country, providing a legal framework that ensures easy access to work and temporary residence permits. The establishment of an investor is a necessary tool enabling investors to move freely and work efficiently within Indonesia’s economic and legal system, with emphasis on compliance with domestic legislation and promoting opportunities for success and growth within the vibrant Indonesian market.
Advantages of investor’s stay in Indonesia
The investor’s stay in Indonesia offers several distinct benefits to foreigners wishing to invest and settle in the country. These benefits have been greatly enhanced by the recent amendments made by the General Authority for Investment Coordination (BKPM) to Presidential Decree No. 5/2019:
Opportunity to obtain citizenship
The investor’s stay gives an opportunity to apply for Indonesian citizenship (WNI) in the future.
temporary residence
Investors can obtain a right of residence for up to five years, facilitating long-term business planning.
Work permit waiver
Under the new amendments, investors with investor residency no longer need a separate work permit, reducing annual expenses by USD 1,200.
ease of travel
The possibility of applying for any foreign embassy in Indonesia and raising the percentage of their visa to any country
Access to basic services
Investors have access to Indonesian health and education systems, enhancing the quality of life for them and their families.
Eligibility Conditions for Investor Residence (KITAS) in Indonesia
To qualify investors for investor residence (KITAS) in Indonesia, several specific requirements must be met aimed at ensuring the seriousness and capacity of foreign investments. These requirements include:
1
Minimum Investment
Investors must own an investment of at least 10 billion Indonesian rupees in equity to invest in the country.
2
The required capital of the company
The investment company must pay at least 10 billion Indonesian rupees. It is also required to announce a minimum investment plan.
3
Documentation and sponsorship
The sponsoring company can guarantee the investor after obtaining the commercial registry. In addition, the company must submit investment reports (LKPM) every three months, and file tax reports for the company.
Investor visa classifications in Indonesia
Investor’s residence visas are divided into two main categories:
2D
1Year
Category D2 Year
This visa provides a one-year stay for investors.
2D
2Year
Category D2 2 years
This category allows a two-year stay for investors.
Both types of visas enable foreign investors to enter and leave Indonesia several times in accordance with the validity of the visa granted.
required documents
From Company/Sponsor
- Decision of the Ministry of Ratification of the SK Corporate Statute
- The company’s statutes and any amendments thereto AKTA
- Commercial Registry (NIB)
- Company Tax Number (NPWP for commercial entity)
- Company Headquarters Letter (SKTU, or Workplace Letter)
Applicant’s required documents:
- Passport valid for at least 6 months
- Address in Indonesia
- Digital Picture Size 4 × 6
Steps to obtain an investor’s residence in Indonesia:
1
Preparation of the company’s legal documents
Ensure that all necessary documents are available to the company.
2
Get a passport photo
The passport photo must be photocopied with high clarity.
3
Fill in Residence Application
Complete all required forms for investor residence application.
4
Submission of application to the General Investment Authority
Submit a residency application for recommendation from the Authority.
5
Submission of recommendation and documents to the Passport Office
Get Telex Residence or Visa Residence through Passport Office.
6
Get Electronic Visa
Receipt of electronic visa valid for one or two years, as requested.
7
Access to any airport in Indonesia
Upon arrival, you must inquire about the passport counter of Visa VITAS holders.
8
Receipt of residence
After arrival and sealing the passport at the airport, the accommodation is sent to the company’s email and then sent to the customer.
Why Sam Consulting
Over the past few years, we have provided consultations to thousands of expatriates from around the world on residency, corporate establishment, trademark registration and other services
Good reputation built over years
Full transparency in the prices and services provided
Competitive prices and complete after-sales services
We have agents in most Arab countries
some frequently asked questions
Does KITAS/ITAS investor allow you to work in Indonesia?
work at your company
According to BKPM Indonesia, the Executive Director of an investor residency company can work in the management positions of the company and make decisions related to the operations of the company from hiring, marketing, contracting, etc. as regulated by the company’s constituent contract.
Working in another company
A person holding the investor’s residence shall not be entitled to work in any other company and may expose him to fines and legal impairments.
Can an investor get a stay for his family?
Yes, according to the latest updates issued by the Immigration and Passport Office, investors are entitled to apply for a visa for their family provided they are first class as follows:
- Husband/Wife
- Children under 18
- Up/Mother
Investor’s duration of residence
You may be tempted to stay in Indonesia for more than a month, but with Sam Company you can extract the visa within 3-5 working days. You also get a stay once you arrive in Indonesia and seal your passport at the airport.
Difference between investor’s residence and other stays
The main difference between an investor’s residence and other regular stays is that the investor does not need to apply for a work permit (because he is not an employee) and therefore does not require monthly contributions to DKP-TKA (exchange-based development funds to hire a foreign worker).
We care about you during all procedures from start to finish
- Free consultations on how to get investor accommodation and make sure all requirements are processed
- Submit your application and track the status of the application during all stages
- Extract your visa and stay and send it to you
- Renewal of your stay said to be valid
Validity of re-entry permit
Obtaining the investor’s residence in Indonesia grants the right of the holder of such residence to enter and exit Indonesia without any restrictions as soon as the stay is effective.
Acquisition of Indonesian citizenship
Indonesian nationality is offered on the basis of a single nationality. After two years of permanent residence in Indonesia it is possible to apply for Indonesian citizenship.
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