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Indonesia Eases Investment Requirements for Nusantara Golden Visa: New Eligibility Explained

Indonesia Eases Investment Requirements for Nusantara Golden Visa: New Eligibility Explained

Indonesia Eases Investment Requirements for Nusantara Golden Visa: New Eligibility Explained

Indonesia has made it easier for foreign investors to secure long-term residence with the Nusantara Golden Visa by lowering investment requirements. This change reflects the country’s strategy to attract more international investors to its new capital project, Nusantara.

If you have plans to establish yourself in Indonesia, recent news about the Nusantara Golden Visa is promising. The government has lowered the capital investment needed for this visa, enhancing its appeal and paving the way for more foreign investors interested in residency.

Nusantara Golden Visa Guidelines

The updated eligibility criteria significantly lower the investment thresholds for foreign nationals:

  • USD 5 million for a five-year Golden Visa
  • USD 10 million for a ten-year Golden Visa

Previously set at higher levels, these adjustments invite more investors to participate. Following this change, Indonesia has already issued over 1,000 Golden Visas, indicating strong interest in the program.

Understanding the Nusantara (IKN) Golden Visa

The Nusantara Golden Visa is designed for long-term residence tied to investments in Nusantara, located in East Kalimantan. Approved investors benefit from residing in Indonesia for five or ten years without requiring frequent visa renewals. This visa targets serious investors interested in contributing to the city’s development.

Crucially, this visa is not designed for tourists or remote workers. It is strictly intended for investments that contribute to sanctioned projects in the new capital.

Eligibility Criteria for the Nusantara Golden Visa

The Nusantara Golden Visa program follows strict application guidelines. Interested investors must meet certain criteria:

  • Be a foreign national willing to make a direct investment at or above the required minimum
  • Be affiliated with an officially recognized international accounting or professional services firm
  • Have documented proof of the source and legality of the investment funds
  • Eligibility is limited to those linked with a specific list of recognized global firms, which serves as a filter to ensure application quality.

Investment Amounts and Options

The Golden Visa focuses on actual capital investment rather than personal assets:

  • USD 5 million for a five-year visa
  • USD 10 million for a ten-year visa

Investments typically go to designated entities or projects related to Nusantara’s development, such as infrastructure, real estate, or other government-sanctioned sectors.

Necessary Documentation for the Application

Applicants should prepare a well-structured set of documents, which may include:

  • A valid passport with adequate duration
  • Proof of investment value and transfer confirmation
  • A letter from an approved accounting or professional services firm
  • Any applicable company incorporation documentation
  • Declaration of the source of funds
  • A recent photograph
  • A completed online visa application form
  • Additional documentation may be required based on the specifics of the investment structure.

Application Process

The application steps are straightforward:

  • Select a qualifying investment related to Nusantara.
  • Confirm your affiliation with an approved firm.
  • Submit your application online via Indonesia’s official e-visa portal.
  • Upload the required documents and pay any applicable fees.
  • Wait for immigration review and approval.
  • Once approved, you’ll receive your Golden Visa electronically, allowing you to finalize your entry into Indonesia.

Costs

Visa fees are separate from the investment and can vary. Applicants should prepare for:

  • Application fees for the Golden Visa
  • Immigration processing fees
  • Charges for professional legal services
  • Local registration fees upon arrival
  • Please check the official immigration website for the most up-to-date fee details.

Benefits of the Golden Visa

Successful applicants enjoy several advantages, including:

  • Long-term residency for five or ten years
  • Elimination of frequent visa renewals
  • Smoother entry and exit processes
  • Legal residency linked to the approved investment

Note that this visa does not guarantee citizenship; it is strictly a residence permit.

Implications of Indonesia’s Decision

Nusantara represents a significant urban development initiative in Southeast Asia. By lowering investment barriers, Indonesia invites foreign capital to foster stability, long-term engagement, and professional integrity in its growth.

Conclusion

Indonesia’s recent adjustment of investment requirements enhances accessibility to the Nusantara Golden Visa for genuine global investors. While remaining selective and investment-focused, this program is now more attainable for those who meet the outlined criteria, ensuring the country attracts committed and qualified foreign participants.

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