Indonesia Second Home Visa | OCSC Global

Indonesia Second Home Visa E-33

Your Bali Residency Awaits

Make Bali your home with OCSC Global's 33 years of expertise. Obtain a 5-year renewable residency visa, opening the doors to a vibrant lifestyle in this tropical paradise🌴

How To Secure A Second Home Visa?

Invest US$130,000 (IDR 2 billion) in a Fixed Deposit or Purchase Property valued at a minimum of US$1,000,000 (IDR 15.7 billion) in Indonesia

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Benefits Of Second Home Visa

Low Investment

Low Application Fee

IDR 3,000,000 (Second Home Visa)
IDR 12,000,000 (5-years KITAS)
IDR 6,000,000 (Re-Entry Permit)
Total: IDR 21,000,000 (US$ 1,350)

Low Risk

Low Risk

Fixed deposit is safeguarded in a state-owned bank (Bank Rakyat Indonesia (BRI), Bank Mandiri, Bank National Indonesia (BNI), Bank Tabungan Negara (BTN)), while property values in Indonesia remain stable and steadily appreciate over time

Dual Nationality

Flexibility 

Engage in business, investment activities and work remotely in Indonesia while enjoying the flexibility to travel in and out of freely during the visa validity period

Children

Family Reunification

Sponsor your spouses (E31B), children (E31E), or parents (E31H) to apply for a Second Home Family Visa (ITAS) for the same duration as your own

Why Invest In Bali?

Spouse

Tourism Hub

Bali is one of the world’s most popular tourist destinations, attracting millions of visitors each year. Its stunning beaches, rich cultural heritage, and vibrant nightlife make it a sought-after destination for travelers from around the globe. Investing in Bali’s tourism sector, such as hotels, resorts, restaurants, and tour operators, can offer significant potential for returns.

Fast

Stable Property Market

Bali’s booming tourism industry has driven demand for real estate, including residential properties, vacation rentals, and commercial developments. Investors can capitalize on the island’s popularity by investing in properties for rental income or capital appreciation.

Indefinite Duration

Lifestyle Destination

Bali’s laid-back lifestyle, warm climate, and natural beauty appeal to investors seeking a high quality of life. Many expatriates and retirees choose to live in Bali permanently or part-time, creating demand for luxury homes, villas, and lifestyle amenities.

Flexibility and Tax Advantage

Business Opportunities

Beyond tourism and real estate, Bali offers opportunities for investment in various sectors, including agriculture, manufacturing, technology, and hospitality. The island’s growing economy and entrepreneurial spirit make it an ideal location for startups and small businesses.

Document Requirement

100% Ownership

A Bank Statement from Indonesian Banks with a minimum balance of IDR 2,000,000,000 OR Proof of Ownership of Real Estate in Indonesia, such as a Hak Pakai (Right to Use) agreement valued at least US$1,000,000

Valid Passport

Passport with a minimum validity of 36 months and provide a passport-sized 4×6 photo featuring a white background

Proof Of Relationship

A marriage certificate, birth certificate, or family register in English

Timeline

Average processing times shown below. Actual time may vary.

01.

Engage with OCSC Global
Document Collection within 7 Business Days

02.

Apply Second Home Visa
Average Visa Processing Time 7 to 10 Business Days

03.

Enter Indonesia
within 90 days from the date of visa approval

04.

Deposit Funds or Purchase Property
within 90 days from the date of arrival



Future Roadmap

The investor and their family can reside indefinitely in Indonesia, provided they continuously meet and fulfil the updated requirements set by Indonesian immigration authorities

Renew

The initial Temporary Stay Permit (KITAS) is valid for 5 years and can be extended for an additional 5 years.

Convert

Apply for a Permanent Stay Permit (KITAP) after living in Indonesia for at least 5 (five) consecutive years

Settle

Apply for Indonesian Citizenship after living in Indonesia for at least 10 (ten) consecutive years

What You Should Know About Indonesia


Indonesia boasts the largest economy in Southeast Asia and is categorized as one of the emerging market economies. As a middle-income nation and a member of the G20, Indonesia is regarded as a newly industrialized country. It ranks as the 16th largest economy globally based on nominal GDP and the 7th largest based on GDP (Gross Domestic Product) at PPP (Purchasing Power Parity) valuation.

Projections indicate that Indonesia's economy is anticipated to grow by 4.95% in 2024 and 4.96% in 2025. These forecasts take into account the gradual subsiding of the commodity boom and the stabilization of domestic demand.

279.1

Million
In Population

1.54

Trillion
In GDP
(Gross Domestic Product)

4.72

Trillion
In PPP
(Purchasing Power Parity)

Frequently Asked Questions

1. What is Second Home Visa?
The Second Home Visa is a long-term residency permit offered by the Indonesian government to foreigners who wish to live in Indonesia for an extended period, typically ranging from five to ten years. It's important to note that while the Second Home Visa allows holders to reside in Indonesia for an extended period, it does not permit them to pursue or gain employment in the country. The policy was officially announced by the Indonesian Minister of Law and Human Rights, Yasonna Laoly, on 20 December 2022, signaling the government's commitment to attracting affluent foreigners to live and invest in Indonesia.
2. What the difference between KITAS and KITAP?
KITAS (Kartu Izin Tinggal Terbatas) is a Limited Stay Permit Card issued to foreigners who wish to stay in Indonesia for a specific period for purposes such as work, study, or family reunification. Meanwhile, KITAP (Kartu Izin Tinggal Tetap) is a Permanent Stay Permit Card issued to foreigners who have resided in Indonesia for a certain period and wish to stay indefinitely.
3. Can I work in Indonesia while holding a Second Home Visa?
No, you cannot engage in any work in Indonesia or for an Indonesian company while holding a Second Home Visa (KITAP). However, you may work remotely for a company located outside of Indonesia. The Second Home Visa is intended for individuals who wish to reside in Indonesia for personal reasons, such as retirement or family reunification, rather than for employment purposes. It's important to adhere to these regulations to avoid any legal issues and maintain compliance with Indonesian immigration laws.
4. Can I own property in Indonesia with the Second Home Visa?
Yes, you can purchase a property under a Hak Pakai (Right To Use) title. The Hak Pakai certificate is valid for an initial period of 30 years and can be extended to 80 years. The title can be sold or transferred to another eligible foreigner as long as it’s valid.
5. Do I Need a Guarantor to apply for a Second Home Visa?
You do not need a guarantor. The bank deposit, or the home ownership, is proof of having an immigration guarantee.
6. Is The Second Home Visa Same As The Retirement Visa or Digital Nomad Visa?
The retirement visa (E33F) has been replaced by the Second Home Visa (E33), which is open to individuals of all ages who meet the eligibility criteria. This visa category allows affluent individuals to reside in Indonesia for an extended period with the intention of investing and contributing to the Indonesian economy.Indonesia does not offer a Digital Nomad Visa. Individuals who wish to work remotely while staying in Indonesia may consider applying for the Second Home Visa (E33).
7. Am I Subject To Paying Taxes?
Once you have obtained a Second Home Visa and subsequently a residence permit in Indonesia, you may be considered a tax resident of Indonesia and subject to global taxation on your worldwide income. However, the tax treatment can vary depending on factors such as tax treaties between Indonesia and your home country.If your home country has a tax treaty with Indonesia, the provisions of the treaty may affect your tax liability in Indonesia, including the avoidance of double taxation and the allocation of taxing rights between the two countries.

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Second Home Visa

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About

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