Good news for those wanting to stay in Bali long term! At last, Indonesia has finally launched a “Second Home Visa” which allows foreigners to live in the country for 5 – 10 years. This new policy was made in accordance with the 2022 G20 Summit – which was held in Bali – with the goal of increasing foreign tourism in Indonesia.
Since the policy has just come into effect, let’s review all about this Second Home Visa that might finally make your Bali-living dream come true.
What is the Indonesia Second Home Visa?
Indonesia’s “Second Home Visa” is a limited non-work stay permit given to foreigners and their family members to live within Indonesian territory for 5 – 10 years.
Is the Indonesia Second Home Visa available now?
The national immigration launched the new policy in Circular Number IMI-0740.GR.01.01 of 2022 concerning the Granting of a Second Home Visa and Temporary Stay Permit, issued on October 25th, 2022.
The policy would come into effect 60 days after the issuance of the circular letter, which is December 24th, 2022. Therefore, the Indonesia Second Home Visa is now available.
Indonesia Second Home Visa requirements
You may wonder about the minimum bank balance required for the Indonesia second home and other requirements of applying for the visa. Unfortunately, since it’s still a very fresh policy, the government hasn’t issued full details of the requirements. But don’t worry, we will give you more updates about that later.
For now, here are a few of the required documents to apply for Indonesia’s Second Home Visa that we already know about.
From the last information we have based on IMI-0740.GR.01.01 Tahun 2022, here are the details of the requirements:
- A valid passport of at least 36 months.
- Proof of Fund with a minimum amount of 2 billion rupiahs. (±130,000 USD)
This can be in the form of the applicant’s or guarantor’s bank balance. Another option is proof that you own luxury property in Indonesia, meaning large villas or condominiums that cost at least 6x more than the “regular” housing in the area ( Or it can be proved by the property that has same value as the amount in rupiah)
- Recent color photograph 4 x 6 cm.
- Curriculum vitae.
How to apply for Indonesia’s Second Home Visa
All applications and payments will be made online through the immigration website www.imigrasi.go.id or on the Online Visa Approval application. Applications can be managed by the applicant themself or by their visa guarantor.
After the visa is granted, you are able to enter Indonesia and apply for Second Home Permit (ITAS). You will need to submit a statement letter from you or your guarantor that you will open a local bank account and deposit a minimum of 2 billion rupiahs or buy a luxury property within 30 days. You can use the 2 billion IDR deposit for living expenses later.
Once the permit is issued, you have to provide proof that you have transferred the funds or purchased the property within 30 days. Those who fail to fulfill this have seven days to leave the country. On the other hand, if you have submitted the proof, your passport will be stamped and you are free to live in Indonesia and apply for stay permits for your family members.
How long does it take to apply for Indonesia’s Second Home Visa?
The processing time should take around 4 working days after the immigration fee payment is completed. Applicants can check their application via email or through the Online Visa Approval application account.
Benefits of Indonesia Second Home Visa
- You will get a special KITAS (Kartu Izin Tinggal Terbatas/Limited Stay Permit Card), valid for 5 – 10 years and can be extended.
- You are allowed to bring family members (spouse, children, or parents).
- You are allowed to make driver licenses
- And many more
“Second Home Visa” is a limited non-work stay permit given to foreigners and their family members to live within Indonesian territory for 5 – 10 years. Therefore, the visa is not for those looking to work in the country.
Special immigration line for Second Home Visa holders
Another benefit for Second Home Visa holders: there will be a separate immigration line for you at the airport! So, the wait will definitely be much shorter away from seasonal travelers.
Is Indonesia’s Second Home Visa only available in Bali?
There have been speculations that the Second Home Visa will only be available for visits to Bali, and not to other provinces in Indonesia, or that the policy will be “Bali-centric.” However, this is completely untrue.
Indonesia’s immigration is administered by the central government, unlike some countries where each province administers their own immigration rules. Therefore, all immigration policies apply to every province of the country. After all, it is called Indonesia’s Second Home Visa, not “Bali’s Second Home Visa.”
All official information regarding Indonesia’s Second Home Visa can be found here on the national immigration website. On the other hand, if you’re interested in applying for Indonesia’s Second Home Visa, or if you’re planning on visiting Indonesia under any circumstances, let us help you at Sarana Visa.
Sarana Visa is the no. 1 recommendation for your travel document solution in Indonesia. We will help you and act as your visa guarantor so that you can have a more relaxed travel experience. Contact us through our website and we will answer any question you have regarding traveling in Indonesia.
