EUR
enWays to get a residence permit in Bali
Tourists who plan to spend no more than 2 months in Bali are on the island on a regular tourist visa, which is issued upon arrival. Visa on Arrival is issued for 30 days, followed by the right to extend for another 30 days. Foreigners planning to permanently reside in Bali should take care of a long-term visa. There are three visas for permanent residence in total:
1. KİTAS
2. Second home visa
3. "golden visa"' for investments
1. KITAS can be working, family, pension, investor. A work KITAS is issued by the employer, family KITAS are received by family members of the applicant, who receives a work or investor KITAS. Citizens of some countries can apply for a pension KITAS if they are over 55 years old and can confirm a certain level of income.
A foreigner can receive an investor KITAS for 1 or 2 years if he has invested in a foreign company licensed by RT RMA and registered in Indonesia. PMA - Perseroan Terbatas Penanaman Modal Asing is a type of business license for foreign investors. At the same time, the company's capital must be at least $ 630 thousand, and the investor himself must own shares in the amount of at least $ 63 thousand. KITAS does not give the right to work, but allows him to hold the position of director. The cost of KITAS registration is $3,000. After 5 years, the investor has the right to apply for permanent residence.
2. A Second home visa can be obtained by buying luxury real estate in the country or by opening an account with a state bank in the amount of $ 130 thousand. The visa is issued for 5 years with the possibility of extension for the same period. The visa fee is $190 for the owner and $127 for his/her family members. A Second home visa does not give you the right to work.
3. The "Golden visa" can be obtained:
- investors who have invested in government bonds/ shares/deposit account the amount of $350 thousand or more
- those who opened a company with a nominal value of $2.5 million.
- investors who have invested at least $50 million in the company.
- qualified specialists in the field of medicine and digital technologies
