In order to stimulate economic growth, the Indonesian government has launched the "Second Home" and "Golden Visa" programs for foreigners to increase investment in Indonesia and for people who plan to stay in Indonesia for a long time. Both allow long-term legal residency in Indonesia for those with high-return assets.
Indonesian “Second Home” and “Golden Visa”
In order to stimulate economic growth, the Indonesian government has launched the "Second Home" and "Golden Visa" programs for foreigners to increase investment in Indonesia and for people who plan to stay in Indonesia for a long time. Both allow long-term legal residency in Indonesia for those with high-return assets.
The second-home residency program is designed to encourage foreigners to invest by acquiring property at a certain price. It also provides a second-home limited-residency permit for extended periods of five or 10 years with a maximum extension of five years, as long as the validity period of the limited permit is not more than 10 years.
Meanwhile, the second-home permanent residency permit is valid for five years or unlimited after fulfilling certain requirements.
Risland Group, International urban life service provider
Risland Group is a multinational real estate group headquartered in Hong Kong, providing a variety of services such as residential development, real estate commercial operations, property management, construction and infrastructure operations across seven countries.
In 2017, Risland launched its first project in Indonesia, located in the Tangerang BSD area. After the successful development, another project was launched in the Alam Sutera area at the end of 2018.
Risland's Sky House brand has become a well-known apartment product brand in Indonesia, with more than 6,000 owners. The average annual sales of more than 1,000 units have made Sky House a local apartment-sales star.
At the same time, the two Sky House communities developed by Risland have achieved on-time and high-quality delivery. The overall number of deliveries has reached more than 4,000 households, and the delivery satisfaction rate has reached over 99 percent.
Sky House BSD+ builds international community in CBD
Sky House BSD+, one of Risland’s flagship projects, is one of the most popular apartment complexes in the Tangerang area. Supported by a strategic location, right in the BSD City CBD.
Located next to AEON Mall BSD City, it is surrounded by the offices of several national and multinational companies. These include digital hubs of various technology and digital companies and education centers.
Apart from that, it only takes about five minutes from Sky House to the biggest exhibition and convention center, public transportation facilities and to the new Serpong - Balaraja tollgate.
Sky House BSD+ project covers an area of approximately 8.3 hectares. Since its launch in December 2017, the project has completed the delivery of five towers. About 99 percent of Phase 1 has been sold, and the overall occupancy rate exceeds 70 percent.
“Currently, Sky House BSD+ is building its sixth tower, Phase 3 Kensington, which is scheduled to be completed by the end of 2025. Compared with other projects, Sky House BSD+ provides a more complete product series, from studios [23 square meters] to 3+1 bedroom [120 sq. M], meeting your all-round needs from investment to own-use,” Tan Aries Wijaya, head of sales and marketing of Sky House BSD+, explained.
“Compared with other apartment products, the Sky House BSD+ project also has the largest community garden in the BSD area. The project uses up to 2 ha of land for garden landscaping. The project is equipped with VIP supporting facilities such as saunas, massage bathtubs and audio-visual rooms, which are available exclusively for certain tower residents. Sky House BSD+’s large gardens and rich supporting facilities provide you and every one of your family with an unparalleled living experience,” he added.
Sky House Alam Sutera+ builds International community next to Jakarta Premium Outlets
Sky House Alam Sutera+ is another masterpiece, located in the Alam Sutera area. It takes about 30 minutes to drive to Central Jakarta. Within a radius of about 3 kilometers, there are centers for education, health care, leisure and commercial facilities.
The project can reach Kunciran tollgate that connects to the capital Jakarta in just one minute, allowing greater commuting convenience. The total development area of Sky House Alam Sutera+ is 2.5 ha.
“The Acacia building in Phase 1 of the project was sold out in 2022. There are more than 3,000 owners, and more than 1,000 units have been delivered on time with high quality. The satisfaction rate at the delivery of the first tower of the project reached 99 percent [survey results from the property management company], and responding to the high market demand, Sky House Alam Sutera+ is currently selling its second and third tower,” said head of sales and marketing of Sky House Alam Sutera Robby Gunawan
Sky House Alam Sutera+ project is located in a prime location close to the university and next to upcoming development of Jakarta Premium Outlets. It takes 30 minutes to drive to the center of Greater Jakarta. The excellent location can attract surrounding university students and office workers in Jakarta, thus supporting higher occupancy rates and return on investment.
Sky House International Community the first choice for foreigners to invest in Indonesian real estate
Indonesia's policy of welcoming property purchases and more business opportunities for foreigners is attracting a large number of investors to Indonesia. Along with the growing demand and proven handover records of Risland's Sky House projects in BSD and Alam Sutera, there is no doubt that the project can be the top choice for investment in Indonesia.
For more information, please contact:
Sky House BSD+ or Whatsapp 0811-383-0000 or Instagram @skyhouseid
Sky House Alam Sutera+ or Whatsapp 0813-8788-7986 or Instagram @skyhouse_alamsuteraid
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