Golden Visa Bali: The Solution for Comfortable and Long-Term Stay in Bali

Have you ever imagined staying long-term in Bali, enjoying every corner of this beautiful island with all its comforts? If so, Golden Visa Bali might be the key to making that dream come true. Bali, with all its charm, is not just a tourist destination offering beautiful beaches, rich culture and mesmerizing nature. It now also offers a unique opportunity for investors, professionals and retirees to stay longer through the Bali Golden Visa program.

If you’re curious to learn more about this visa, you’re in the right place! This article will give you a complete overview of Golden Visa Bali, including the benefits, types of visas available, application requirements and some tips to ensure the process goes smoothly. If you’re interested in staying longer in Bali, read on to understand how Golden Visa Bali can be the ideal solution for your lifestyle or business needs!

What Is Golden Visa Bali?

Golden Visa Bali is an immigration program that allows foreign nationals to stay in Indonesia, particularly Bali, for 5 to 10 years with a significant investment commitment. This program is regulated by Permenkumham No. 22 of 2023 and Minister of Finance Regulation No. 82 of 2023, designed to attract foreign capital, global talent and retirees who want to settle longer in Bali. The Bali Golden Visa was first launched in September 2023, marking a significant step in Indonesia’s efforts to attract international residents. The program incorporates a rigorous selection process for eligible applicants, ensuring those granted the visa are well-suited for contributions to Indonesia.

The main goal of this visa is to attract investors and experienced professionals who can contribute directly to Indonesia’s economic growth, particularly in Bali, known as the center of tourism, creative economy and culture. Bali offers an unmatched lifestyle with its rich culture, stunning natural scenery and relaxed atmosphere, making it the perfect place for those wanting to stay longer, whether for investment, business or retirement. The Indonesian government targets substantial foreign direct investments as part of its economic growth strategy, and the Golden Visa program plays a pivotal role in achieving this goal. The Indonesian government is considering potential future amendments to the Golden Visa program to include permanent residency pathways.

With Bali Golden Visa, you can enjoy a stable and comfortable life in Bali without worrying about frequently extending your visa. This program gives you the chance to settle in Bali long-term, enjoy island life and stay connected to all the opportunities Bali has to offer.

Benefits of Bali Golden Visa

Bali Golden Visa offers a variety of attractive benefits, making it the ideal choice for anyone who wants to stay longer in Bali. Here are some of the main benefits you can enjoy:

• Long-Term Stay Without Worry
  With Bali Golden Visa, you can stay in Bali for 5 to 10 years without worrying about frequent visa extensions, which often consume time and money. This visa offers stability and comfort, so you can settle down in Bali for an extended period without administrative hassle. However, it is important to note that the Bali Golden Visa does not provide a direct pathway to permanent residence.
• Property Ownership
  Holders of the Bali Golden Visa can own property or lease property long-term in Bali, something that is typically restricted for foreigners. This gives you the chance to own a personal home or villa in Bali and invest in the ever-growing real estate sector.
• Access to Premium Services
  Enjoy priority immigration lanes at the airport and expedited administrative processes at various government offices. These facilities will make all your administrative matters smoother and more efficient. Golden Visa holders also benefit from priority services at immigration offices, streamlining their entry and exit processes.
• Business Opportunities
  With Golden Visa Bali, you can establish a business or invest in sectors such as tourism or real estate without the need for additional permits. This opens up great opportunities for entrepreneurs to grow their businesses in Bali.
• Access to Education and Healthcare
  Children of Bali Golden Visa holders can access international schools in Bali. After residing in Bali for 6 months, you will also gain access to healthcare services through BPJS Kesehatan, ensuring full health coverage. Indonesian international schools follow various foreign curricula, including British, American, and Australian systems.

Types of Golden Visa

Bali Golden Visa offers several visa types to meet the various goals and needs of individuals who want to stay longer in Bali. The golden visa Indonesia program provides a flexible range of options for investors, professionals, and retirees, allowing foreign nationals to benefit from long-term residency, property ownership, and business opportunities in Indonesia. Whether you’re a retiree looking for a relaxed lifestyle, an investor wanting to put your money to work or a professional with specialized skills, there is a visa that suits each need. Here are the types of Bali Golden Visa that you can choose from:

1. Second Home Visa

Purpose: This visa, also known as the Second Home Visa (often referred to as the ‘Home Golden Visa’ for its benefits in property investment and long-term residence), is for foreign nationals who want to stay long-term in Bali by purchasing property or saving money in a bank owned by the Indonesian government.

Investment Requirement: To qualify for the Second Home Visa, you need a minimum of USD130,000 in savings in an Indonesian bank or property ownership in Bali.

Duration: This visa is valid for 5 to 10 years, perfect for retirees or those looking to enjoy a relaxed lifestyle in Bali.

This visa is ideal if you want to own a home or villa in Bali and enjoy island life without the hassle of renewing your visa every year. With the Second Home Visa, you can feel more secure and comfortable living in Bali for an extended period.

2. Investor Visa

Purpose: The Investor Visa is for those who want to establish a business in Bali or invest in government bonds, public stocks, or savings. This is the best choice for entrepreneurs who wish to expand their business in Bali and have easier access to the local market.

Investment Requirement:

• USD350,000 for individuals who want to stay for 5 years
• USD700,000 for 10 years
• USD2.5 million to USD5 million for companies wishing to establish a PT PMA (Foreign Investment Company) in Bali. Individual foreign investors must invest approximately USD 2.5 million for a five-year Golden Visa or USD 5 million for a ten-year Golden Visa.

Establishing a company in Indonesia as part of the Investor Visa pathway requires meeting specific investment thresholds, legal documentation, and compliance with local regulations. Commissioners establishing companies must also fulfill particular legal and investment criteria to qualify for the Investor Visa.

Benefits: This visa offers many incentives, especially if you invest in Special Economic Zones (SEZ) like Sanur or Kura Kura Bali. Here, you can enjoy additional business advantages that support business development. The Investor Visa also provides flexibility to manage your business while enjoying an exclusive and rewarding lifestyle in Bali. Special Economic Zones in Indonesia offer enhanced investment opportunities with additional incentives such as tax holidays, making them highly attractive for investors. Corporate investors committing USD 25 million can receive a five-year Golden Visa in Indonesia.

3. Global Talent Visa

Purpose: The Global Talent Visa is for professionals with specialized skills or internationally recognized individuals who wish to contribute to the Indonesian economy, particularly in Bali. This visa is available to any foreigner with internationally recognized skills or expertise who meets the eligibility requirements.

Requirement: To obtain this visa, you need to provide proof of expertise or international recognition in your field. The application fee for this visa is around Rp35 million for 5 years or Rp45 million for 10 years.

This visa offers an opportunity for talented professionals, such as sports coaches, technology experts or well-known creators, to live in Bali while contributing to the Indonesian economy. For example, football coach Shin Tae-Yong was one of the first recipients of the Golden Visa in Indonesia, showcasing the wide range of opportunities available with the Global Talent Visa. Golden Visa also allows family members of the primary visa holder to join them in Indonesia over the length of their visa, making it a family-friendly option for long-term stays.

Read more: Understanding the Types of Indonesian Visas You Need to Know!

Requirements for Applying for Bali Golden Visa

If you’re interested in applying for the Bali Golden Visa, there are several documents and requirements you need to prepare. Ensure everything is in order so that the application process goes smoothly.

Upon approval, successful applicants are automatically granted a Limited Stay Permit (e-ITAS) and a re-entry permit. The limited stay permit allows you to legally reside in Indonesia for the duration of your visa, while the re-entry permit enables you to travel in and out of Indonesia without needing to apply for a new visa each time. This stay permit is issued electronically and provides convenience and legal assurance for long-term stays.

It’s important to note that the Bali Golden Visa provides a stay permit and a limited stay permit, which are temporary authorizations to reside in Indonesia. These are different from traditional residence permits or permanent residence (KITAP), as the Golden Visa does not automatically lead to permanent residency. Residence permits generally refer to long-term or permanent permissions to live in Indonesia, while stay permits and limited stay permits are for fixed periods and specific visa categories. Below is a breakdown of the requirements for each visa category:

General Documents Required

Before applying for the Bali Golden Visa, there are a few basic documents you’ll need:

• Valid Passport: Make sure your passport is valid for at least 6 months and ready to be used throughout the application process.
• Passport Photo: Typically, a recent photo with a white background that meets immigration standards.
• Proof of Financial Capability: This can include a bank statement from a state owned bank in Indonesia showing sufficient funds to support your stay in Bali during the visa period.
• Investment Commitment Letter: This document shows your commitment to investing in Indonesia, which is part of the requirement to obtain the Bali Golden Visa.
• Apostilled Certificates: Applicants must prepare documents including apostilled certificates for all foreign documents since Indonesia joined the Hague Convention.

Specific Requirements by Visa Category

Each Bali Golden Visa has its own requirements. Here are the details for each:

Second Home Visa

This is for those who want to stay longer in Bali. To apply for Second Home Visa you will need to provide:

• Proof of savings of USD 130,000 in an Indonesian bank or property ownership in Bali.
• Proof of minimum living expenses of USD 2,000 per month, showing you can live and cover your daily expenses while staying in Bali.

Investor Visa

For investors who want to develop a business in Bali, the requirements are:

• Proof of investment ranging from USD 350,000 to USD5 million, depending on the visa duration and type of investment.
• Investments in mutual funds or public company shares listed in Indonesia are accepted as proof of investment for the visa.
• Financial audit report for the company you wish to establish or manage.
• PT PMA documents if you intend to establish a Foreign Investment Company (PT PMA) in Bali.

Global Talent Visa

This is for those with specialized skills who want to contribute to Indonesia’s economy. The requirements are:

• Proof of expertise or international recognition, such as a portfolio showing accomplishments or awards in a specific field.

Application Process

The Bali Golden Visa can be applied in two ways:

• Online through the evisa.imigrasi.go.id website, where you can apply from anywhere.
• Directly through the immigration office, if you prefer to apply in person in Indonesia. The Golden Visa application process begins with Indonesia’s e-visa portal, which requires extensive documentation and preparation to ensure a smooth application experience.

The application process takes 2 to 4 weeks, depending on the completeness of your documents and the type of visa applied for. Make sure all the required documents are complete and in order to avoid delays. Visa application processing typically requires 3-4 weeks, including document preparation, banking setup, and investment fulfillment.

The Bali Golden Visa immigration program offers unique benefits and opportunities, such as long-term residence, access to local services, and an immersive cultural experience for successful applicants.

Tips for Applying for Bali Golden Visa

Getting the Bali Golden Visa is easy if you prepare well. Here are some tips to help you apply smoothly:

• Choose the Right Visa Category
  First step is to choose the right visa category. The Bali Golden Visa is a long term visa option, ideal for those seeking extended stays in Indonesia. If you want to retire or live a relaxed life in Bali, the Second Home Visa is the way to go. For investors who want to start a business or invest, the Investor Visa is the best. If you are an experienced professional, you might consider the Global Talent Visa.
• Get Ready
  Once you’ve chosen the right visa, make sure you have all the required documents ready. This includes a valid passport (at least 6 months validity), proof of investment (such as bank savings or property ownership) and commitment investment letter. For Global Talent Visa, you’ll also need to provide proof of expertise or international recognition (such as awards or certifications).
• Use a Reliable Visa Agent
  To make the Bali Golden Visa application smooth, it’s highly recommended to use a reliable visa agent like Bali Premium Trip. We will handle all the paperwork, fill out the application correctly and communicate directly with immigration. You can focus on enjoying the process without worrying about the administrative hassle.
• Stay Updated
  Since Bali Golden Visa is a new program, it’s important to stay updated with the latest regulations. Make sure to check the current rules on the official Directorate General of Immigration website or through a reliable visa agent. This will prevent you from confusion or issues during the application process.

Read more: e-Visa Indonesia: Everything You Need to Know Before Applying

Apply for Bali Golden Visa with Bali Premium Trip!

Bali Golden Visa is the solution for those who want to live long-term and comfortably in Bali, with benefits such as property ownership, premium services and broader business opportunities. This program allows you to enjoy all the beauty and comfort of Bali without the hassle of frequent visa extensions. Family visas are available for spouses, children, and parents of Golden Visa holders, supporting family reunification in Bali. Foreign nationals and former Indonesian citizens can explore various citizenship options and long-term residence pathways through the Bali Golden Visa program.

With proper preparation and Bali Premium Trip, the Bali Golden Visa application becomes easier and more enjoyable. Our Visa services, we will assist you in handling the required documents, filling out the online application and coordinating with immigration to make everything smooth. With our experience, you can be sure the application will go smoothly.

So, what are you waiting for? Contact Bali Premium Trip today and start your Bali Golden Visa journey!