What Should I Prepare to Apply for a Retirement Visa in Indonesia?

Corporate Secretary Service Indonesia – Indonesia has always been a perfect option as a place of investment and retirement for foreigners. Retirement destinations in Indonesia start to become more and more important when you want a beautiful yet inexpensive place to spend your old days happily. An elderly visa in Indonesia gives foreigners the opportunity to stay and enjoy the same benefits as Indonesian residents.

However, there are some important steps that foreigners must take in order to retire in Indonesia. Through this article, we will guide you on how to prepare for an elderly visa for a smooth and successful application.

Benefits of Retiring in Indonesia for Foreigners

You will enjoy many benefits as a foreigner retiring and settling in Indonesia:

• Can enter and leave Indonesia as you wish
• Settle in Indonesia for a long period of time
• Having a driver’s license or opening a local bank account

Before you can apply for an elderly visa in Indonesia, you need to ensure the following criteria are met:

• Aged 55 or older
• Not permitted to work in Indonesia
• Must have life and health insurance
• Employ a domestic assistant
• Must have a residence with a minimum contract of 12 months
• Deposit or bank account must show a balance of USD 18000 per year

Read Also: What is Visa on Arrival Indonesia & How to Apply

Applying for an Elderly Visa in Indonesia

It is important to know that you need to assign an agent or sponsor to represent you to apply for an elderly visa. Basically, here are three steps to start the visa application process:

1. Prepare and submit documents to the visa agent. Important documents for you to prepare:
2. Passport valid for at least 18 months with a minimum of 6 blank pages
3. Photocopies of all passport pages
4. Declaration letter
5. Rental agreement
6. Copy of bank account showing a balance of at least USD 1500 per month
7. Copy of life and health insurance
8. Photo with red background
9. Sponsorship letter from a visa agent (Cekindo can be your visa agent)
10. Pick up the visa from the Indonesian Embassy in your country. Your agent should be informed which Indonesian Embassy you will be picking up your visa from.
11. Once you enter Indonesia, convert your visa into a KITAS (Kartu Izin Tinggal Terbatas). KITAS Lansia (old people) allows you to stay in Indonesia for a year and can be extended annually for up to 5 years. After that, you can apply for a KITAP (Permanent Residence Permit Card).

Don’t worry about developing your business by setting up a company in Indonesia, because Portcorp is here as a solution for your business, also when you need Retirement Visa. Portcorp is your comprehensive corporate secretary service in Indonesia. With our presence, you can get a dedicated company secretary to support you to what you need. Our company secretaries will track deadlines and file paperwork so your business keeps running smoothly. Contact us now on +6221-5020-8090 for your business succeed in the future!