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Pandu Consultancy

Applying for an Investor Stay Permit (KITAS) and Golden Visa?

Pandu Consultancy Team

Updated: Nov 24, 2023




Dream of owning a business in Bali? Like many others, building your business in Bali is a lifelong dream. To ensure your business is up to speed and run smoothly, first, you need to have the necessary requirement to run it.


According to PERMENKUMHAM NO.22/2023 and the latest update from the Immigration Department of Indonesia, there are several important things to take into consideration:


For Investor Temporary Stay Permit (KITAS) for 2 years who has Foreign Investment in Indonesia (non-Golden Visa)

· The shareholder can appeal for KITAS by having a minimum of 10 billion rupiahs (IDR) in shares.

· Ministerial decision for the authorization of limited liability company (Perseroan Terbatas).

· Company’s checking account report for the last 3 months.


Golden Visa for Individual Foreign Investment in Indonesia for 5 and 10 years

· Proof of share ownership in a certain quantity within a company outside Indonesia

· Proof of turnover/ certain sales value in a company abroad


Requirements for guarantee

· For 5 years Golden Visa; Immigration guarantee of written commitment that stated Foreigner who build a company in Indonesia with shares or investment value of minimum US$ 2.500.000 (two million and five hundred thousand US dollars)

· For 10 years Golden Visa; Immigration guarantee of written commitment that stated Foreigner who build a company in Indonesia with shares or investment value of minimum US$ 5.000.000 (five million US dollars)


For further info and our service, please contact us at www.panduconsultancy.com



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