Conditions for obtaining a residence permit in Indonesia through investment

Residency on Bali is not a fantasy, but a tangible reality! 

What essential information should you be aware of regarding Indonesia, Golden Visas, and the requisite documentation?

Indonesia is a country that attracts tourists from all over the world with its natural beauty, cultural richness and warm climate. Many of those who visit this tropical paradise are considering the possibility of obtaining a residence permit in Indonesia in order to enjoy all its benefits on a permanent basis.

In this article, we will look at how to get a residence permit (permit) in Indonesia, especially on the island of Bali, and what documents you will need for this process.

In order to obtain a residence permit in Indonesia, you must collect several important documents and follow certain steps. Here are the main steps and documents you will need:

1. Investment plan: The first step is to develop an investment plan. You must determine how much money you are willing to invest in the Indonesian economy. In 2023, the country has a Golden Visa program, which provides an opportunity to obtain a residence permit with certain investments. This may be an investment in real estate, business or other economic projects. The amount of investment is from 350 thousand euros.

2. Company registration: If you choose to invest in a business, you will need to register a company in Indonesia. This requires the preparation of appropriate documentation and compliance with the laws of the country.

3. Opening a bank account: To carry out financial transactions, you will need to open a bank account in an Indonesian bank. This is also an integral part of the process of obtaining a residence permit.

4. Visa: Before applying for a residence permit, you must come to Indonesia with a tourist visa. Then you can start the process of changing the status to a residence permit. It is important to keep track of the terms of your visa and prevent it from expiring.

5. Other documents: In addition to the above documents, you will also need copies of your passport, photos, police clearance certificate and other documents, depending on your situation and the type of residence permit you want to obtain.

6. Application for a residence permit: After collecting all the necessary documents, you can apply for a residence permit at the local immigration office. This process usually takes time and patience, so be prepared to wait.

7. Waiting for a decision: After submitting an application, you will have to wait for a decision on issuing a residence permit. This process may take several months.

8. Obtaining a residence permit: If your application is approved, you will be granted a residence permit, which will allow you to officially live and work in Indonesia.

It is important to note that the procedure for obtaining a residence permit in Indonesia can be complex and time consuming. Write to us info@mercurygroup.com and we will promptly advise you on the conditions for obtaining the "Golden Visa" of Indonesia, the cost of real estate, rental rates, taxes. We provide turnkey services for obtaining a residence permit!