Indonesia•AsiaVaries
12,000,000 IDR
Varies (Renewable for additional 5-year period)
Yes
Not Required
Allowed
No
Not Required
5-year permanent residence permit converting from Second Home KITAS for high-net-worth individuals maintaining Indonesian bank deposits, with lifetime renewal option.
The Second Home Permanent Stay Permit (KITAP) is a premium residency pathway introduced by the Indonesian government to attract high-net-worth individuals, investors, and global professionals. Established to facilitate long-term stays for those contributing to the economy, this permit allows individuals to convert from a Second Home KITAS to a more permanent status. It fills a specific gap for affluent expatriates who require a long-term, hassle-free residency option that permits them to stay in the country for five years at a time, providing a more secure and prestigious alternative to standard temporary stay permits.
This visa is tailored for high-net-worth individuals, including international investors, business owners, and affluent retirees who wish to maintain a base in Indonesia. The applicant must demonstrate significant financial capacity, specifically a minimum savings balance of IDR 2,000,000,000 or an equivalent investment of USD 130,000. What makes this permit distinctive is its focus on financial substance rather than employment sponsorship; it grants the holder flexibility and status without the need for a local employer, making it an ideal choice for those seeking a high-end, long-term lifestyle in Indonesia.
Minimum savings: 2000000000
Investment: 130000 USD
Health insurance required
Education
none or higher
Investment
130,000 EUR
Min. Savings
2,000,000,000 EUR
Valid passport
Bank statement
Property documents
Medical certificate
Police clearance
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