Indonesia is poised to make dreams of staying in Bali a reality with the impending launch of the Golden Visa. This new policy aims to provide a visa waiver for foreign individuals or enterprises making substantial investments in the country, either through business or tourism endeavors. Expected to be available by the end of this year, the Golden Visa will offer validity options of five or ten years, coupled with several advantageous features, including expedited and streamlined procedures.
What Exactly is Indonesia's Golden Visa?
According to reports, the Indonesian Golden Visa initiative will grant a visa waiver for foreign enterprises and individuals making significant investments in the country through business or tourism. The Golden Visa will be available with durations of five and ten years, boasting benefits such as streamlined application procedures. This visa will also permit long-term visitors to own property within Indonesia. Additionally, discussions are ongoing regarding the potential introduction of a fast-track citizenship application process for Golden Visa holders.
As of now, the cost of obtaining the Golden Visa has not been disclosed.
Indonesia Joins the Ranks
With this visa policy, Indonesia joins the ranks of several other countries that offer long-term visas to individuals making specified investments within their borders. Notable countries on this list include Mexico, Greece, Canada, Costa Rica, Sri Lanka, and more.
Indians' Affection for Indonesia
Over the past decade, the number of Indian tourists visiting Indonesia has experienced remarkable growth. Bali has solidified its position as a go-to destination for many Indians, offering picturesque landscapes, culturally resonant temples, charmingly unique spots that spark conversations, and unforgettable culinary experiences. The community of adventure enthusiasts is also expanding, drawn by the allure of volcanoes like Mount Bromo, Mount Batur, and Mount Merapi, as well as the captivating tales of exploration that arise from these encounters. Not to be overlooked are the formidable Komodo dragons, which can be observed from a distance during a visit to Komodo National Park.
Extending Stays with the Golden Visa
Beyond facilitating longer stays, the Golden Visa opens doors for those who are captivated by Indonesia's culture, landscapes, and natural beauty. For those eager to delve deeper into the country's offerings, this long-term visa option presents an enticing prospect.