Indonesia has voiced its expectations for the "Golden Visa" program in 2024
Indonesia, a magnificent archipelago, reveals its ambitions in the field of accepting foreign investors with the launch of the Golden Visa program. Under the auspices of this program, in an effort to attract capital and outstanding specialists, the government has set an ambitious goal of attracting at least 1,000 investors.
This program provides a unique opportunity for investors to stay in Indonesia for a period of 5 to 10 years, in proportion to the amount of their investments in the country's economy. For private investors planning to establish a company with investments of $ 2.5 million or more, the path opens to a five-year stay, and with investments of more than $ 5 million, this period doubles to 10 years.
Corporate investors willing to invest $25 million can count on a five-year residence permit, and doubling this amount provides 10 years of free stay. But not only large investors receive privileges – private investors who contribute from $350,000 to $700,000 to local firms can also count on a residence permit from five to 10 years.
This program has generated a wave of interest from investors, and the Director General of the Immigration Service, Silmi Karim, stressed that the office is actively working on additional rules to simplify the application process. Numerous investors have already expressed interest in participating, which indicates the attractiveness of the program.
Against this background, the Minister of Tourism and Creative Economy, Sandiaga Uno, stressed that the country's visa policy is aimed at attracting talents in the field of digitalization, healthcare, research and technology. He argues that such a strategy will make Indonesia the center of sustainable economic development in the region.
The Golden Visa program is becoming a key factor in the development of the country, providing not only an investment opportunity, but also a long-term stay for those who wish to contribute to the prosperity of Indonesia. This initiative not only raises the investment market, but also contributes to the development of digitalization, healthcare, and technology industries, making the country attractive to international business partners and entrepreneurs.
