The Indonesian authorities have adopted amendments to the immigration law, removing obstacles to the launch of an investment immigration program in the country and creating the necessary regulatory framework for this.
The conditions for obtaining residency will vary depending on the category of the applicant.
Previously, Indonesian immigration law had virtually no provision for the issuance of long-term visas allowing a stay of 10 years. In addition to a long residency period, immigrant investors are entitled to a number of exclusive benefits, including the following:
- simplified crossing of Indonesian borders;
- expediting immigration procedures when entering the country by eliminating the need to apply for a temporary residence permit (Indonesia: Izin Tinggal Terbatas; ITAS) at the immigration office.
According to the head of the Indonesian Immigration Authority, Silmi Karim, the target audience of the new program are large investors with an impeccable reputation. Therefore, the requirements for applicants will be more stringent than for ordinary immigrants.