he Immigration Directorate General at the Law and Human Rights Ministry has officially introduced a policy on a second home visa and limited stay permit, which was disseminated in Circular No. IMI-0740.GR.01.01/2022 on Oct. 25.
“Taking the opportunity of the upcoming G20 [Group of 20] Summit, today we have officially launched the second home visa, with the goal of attracting foreign tourists to Bali and various other destinations," said Acting Immigration Director General Widodo Ekatjahjana at the policy’s introduction event in Bali on Tuesday.
In introducing the new policy, Widodo called in tourist actors in Bali, noting that cooperation between all stakeholders was needed for a better tourist climate than before.
The second home visa is targeted at certain foreigners as well as former Indonesian citizens who wish to stay and contribute positively to the Indonesian economy. With this visa, foreign citizens are able to stay for five or ten years and carry out various activities, including investment.
Applications for a second home visa can be done easily through a website-based app at visa-online.imigrasi.go.id. The required documents include a national passport that is still valid for a minimum of 36 months, proof of funds in the form of an account owned by a foreign citizen or guarantor with a value of at least Rp 2 billion (US$128,547) or equivalent, a recent color photograph with a size of 4 centimeters by 6 cm with a white background and a curriculum vitae (CV).
The non-tax state revenue (PNBP) rate for second home visas is Rp 3 million as regulated by Finance Minister Regulation (PMK) No. 2/2022, while payment can be made outside the Indonesian territory through the available PNBP payment portal.
Widodo noted that this policy would come into effect 60 days after the circular letter was issued.
"This immigration policy is one of non-fiscal incentives so certain foreign citizens are stimulated to stay and contribute positively to the Indonesian economy amid an increasingly dynamic global economic conditions," he concluded.
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