Watch this! How to Easily Make an Investor Visa
Corporate Secretary Service Indonesia – For business people who want to invest in Indonesia, knowing how to make an investor visa is an important step that you must take. An investor visa or what we often know as a limited stay permit visa for investors. Provides opportunities for foreign business people to invest in certain sectors in Indonesia. The process of applying for this visa is not complicated, but it still requires understanding and knowledge of the requirements you need and the steps you need to go through.
What is an Investor Visa?
An investor visa is a type of visa that the Indonesian government issues to foreign nationals who intend to invest in the country. By having this visa, an investor can temporarily stay in Indonesia while running their business. This visa is generally valid for 1 to 2 years, with the option to extend. In addition, an investor visa also allows the holder to obtain a Limited Stay Permit Card (KITAS) which simplifies the administrative process while staying in Indonesia.
Benefits of Having an Investor Visa
Having an investor visa not only makes business activities easier, but also provides various benefits. Some of the main benefits include:
- Ease of Investing: With an investor visa, you can immediately engage in business and investment activities without having to worry about temporary residence permits.
- Longer Right of Stay: Compared to a regular visit visa, an investor visa gives you a longer stay that you can extend as needed.
- Freedom to Develop Business: With this visa, you are free to run and develop your business in various sectors allowed by the Indonesian government.
- Easier Access to Government Services: An investor visa allows easier access to business documents and other administrative purposes.
Seeing these various benefits, it is natural that many investors choose to immediately take care of how to make an investor visa so that they can immediately invest and run their business in this strategic area.
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Requirements for Making an Investor Visa
Before starting the process of making an investor visa, there are several requirements that you must fulfill. These requirements fall into two categories, namely document requirements and investment capital requirements. Fulfilling all these requirements will speed up your visa application process.
Document Requirements
To apply for an investor visa, here are the documents that you need to prepare:
- Passport: A passport that is valid for at least 18 months from the date of visa application.
- Recent Photo: A color passport photo in the size and format specified by the embassy.
- Investment License: Valid proof of investment, such as an investment license from the Investment Coordinating Board or Badan Koordinasi Penanaman Modal (BKPM) or other relevant institutions.
- Bank Reference Letter: Proof that you have sufficient funds in your bank account to support your investment in Indonesia.
- Company Establishment Deed: For those establishing a company in Indonesia, the deed of establishment from a notary as well as the company domicile letter need to be included.
- Taxpayer Identification Number / TIN (NPWP in Indonesia): The company’s NPWP is proof that your business is registered and fulfills tax obligations in Indonesia.
Investment Capital Requirements
In addition to these documents, the main requirement to obtain an investor visa is the value of your invested capital. According to Indonesian regulations, the minimum investment capital that foreign investors must have is IDR 10 billion. However, this capital is not only in the form of cash, but can also be in the form of assets or property registered in business activities.
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