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Indonesia set goals to issue 1,000 golden visas at the end of 2024

Time:2024-10-26 Read:17 Comment:0 Author:Admin88

Indonesia set goals to issue 1,000 golden visas at the end of 2024

For individual investors seeking business in Indonesia, the requirements are quite high.Individual investors must invest at least 2.5 million US dollars in order to get a 5 -year visa, and they must invest $ 5 million to get a 10 -year visa.In addition, applicants must prove that there is an enterprise outside Indonesia. The annual turnover of the 5 -year visa enterprise is at least $ 25 million, and the annual turnover of the 10 -year visa enterprise is at least $ 50 million.Hyderabad Investment

Enterprise investors can obtain a golden visa for their directors and commissioners by investing in $ 25 million or $ 50 million.

The benefits of golden visas are not just the right to live.The holder has the priority of obtaining immigration services at international airports, and has fewer bureaucratic obstacles, such as does not need to apply to the Immigration Department for limited stay permit (ITAS).New Delhi Stock Exchange

However, the project is not without challenges.The slow increase in the number of applicants and the goal of achieving 1,000 people within 3 months have aroused people's questioning of the feasibility of the target.Mumbai Wealth Management

According to reports, Silmy Karim emphasized when talking about these problems, focusing on quality rather than quantity.He explained: "It is not to say that it must reach a large number, because the golden visa should be highly exclusive, and it must bring benefits to Indonesia."


Surat Wealth Management

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