Indonesia has relaxed the rules for obtaining a "golden visa" in 2024
Indonesia continues to attract the attention of global investors by providing unique opportunities for obtaining a "golden visa" in 2024. Important changes in the requirements for this type of visa make the country even more attractive for those who are considering investing in the new capital of Nusantara (IKN).
The Director General of the Immigration Service of the Ministry of Law and Human Rights of Indonesia, Silmi Karim, presented innovations aimed at facilitating the process of obtaining a "golden visa". Now, foreign companies with an interest in investing in the city of Nusantara under construction can take advantage of more flexible rules.
The main changes relate to reducing the minimum investment for obtaining a visa for five years from $25 million to $5 million. Subject to a ten-year stay, the minimum investment amount has been reduced from $50 million to $10 million. These adjustments reflect Indonesia's desire to create a favorable investment environment.
Additional benefits are now available to foreign companies intending to open branches or subsidiaries in Nusantara. They are exempt from turnover requirements in their parent companies, which simplifies business development in the new national capital.
The process of obtaining a "golden visa" has become even more convenient with the introduction of online application through a web portal. The electronic form with the E28F index allows you to submit documents, including a passport with a validity period of at least six months, and a photo.
These changes contribute to the creation of a favorable investment climate, which makes Indonesia more attractive to global investors. Such steps indicate the country's desire to become a key player in international economic relations.
All these innovations make Indonesia an important player on the global investment map, providing unique opportunities for entrepreneurs. The new capital of Nusantara is becoming the epicenter of opportunities, opening the doors for business development in a strategically important region.
This announcement opens a new chapter in Indonesia's investment prospects. Changes in the requirements for the golden visa are an important step towards attracting global investors, contributing to economic growth and strengthening the country's position in the global economy.