How to Apply for the Golden Visa E28B From Start to Approval
landscape of long-term residency in Indonesia can be complex, but the **Indonesia Golden Visa** offers a clear path for discerning investors and high-net-worth individuals. Specifically, the Golden Visa E28B is a 5- or 10-year stay permit package tailored for individual investors, built upon the framework of Permenkumham 22/2023 as amended by Permenkumham 11/2024. It allows foreign investors to reside, invest, and conduct business activities in Indonesia by placing funds in government bonds, public company shares, or mutual funds.
As Arya Bianchi, a Golden Visa & Residency Advisor at indonesiagoldenvisas.com, with over a decade of experience in Bali visa facilitation, I understand the aspirations behind securing a long-term stake in Indonesia. This guide will walk you through the specifics of the Golden Visa E28B and outline the streamlined application process with our expert support.
Who the Indonesia Golden Visa is For (as of 2026)
The Indonesia Golden Visa program is a comprehensive suite of long-stay visas and permits, offering 5- or 10-year residency with full re-entry rights. While it caters to various high-value individuals, our focus for the E28B is on individual investors. The program is generally available to:
* **Individual investors** placing funds into Indonesian government bonds, public company shares on the Indonesia Stock Exchange (IDX), mutual funds, or qualifying property (for certain sub-schemes).
* **Corporate investors** and their directors/commissioners.
* **Property buyers** and “second home” applicants seeking long-term residence.
* **Global talent** and specialized professionals, including top digital/tech experts.
* **Global personages / notable figures** and former Indonesian citizens.
The **main selling points** that attract our clients to the Indonesia Golden Visa E28B include:
* **5- or 10-year stay permit** in one integrated package, encompassing the visa, ITAS/ITAP group, and re-entry permit.
* The legal right to **live, invest, and conduct business activities** under the approved category without needing separate KITAS for the same activity.
* **Priority immigration services**, offering special lanes, simplified processing, and preferential access when dealing with government agencies.
* The significant possibility to **convert to permanent residence (ITAP)** after just **3 years of living in Indonesia** for eligible Golden Visa holders, according to official government information.
Core Eligibility & Investment Thresholds for Individual Investors (E28B)
The Golden Visa E28B is primarily designed for individual investors, with clear financial thresholds described by Indonesian immigration and specialist law firms.
5-Year Individual Investor Golden Visa (Investment-Type)
To qualify for a 5-year Golden Visa, individual investors must meet the following criteria:
* **Minimum Investment:** A sum of **USD 350,000**. This investment must be placed in one of the following:
* Indonesian **government bonds**, OR
* **IDX-listed public company shares**, OR
* **mutual funds** in Indonesia.
* **Investment Maintenance:** The invested funds must be placed in Indonesia and rigorously maintained for the entire duration of the visa. Any early withdrawal without immediate reinvestment into another qualifying asset risks the cancellation of your Golden Visa.
* **Financial Independence:** Applicants must demonstrate financial stability, typically through:
* A minimum overseas income of around **USD 5,000 per month**, *or*
* Equivalent savings sufficient to cover their stay in Indonesia.
10-Year Individual Investor Golden Visa (Investment-Type)
For those seeking a longer-term commitment, the 10-year Golden Visa for individual investors requires a higher investment:
* **Minimum Investment:** Either:
* **USD 700,000** in **government bonds / IDX shares / mutual funds**, OR
* **USD 1,000,000** in qualifying **residential apartment property** (for the property-linked option).
* **Investment and Financial Independence:** The same stringent rules apply regarding maintaining your investment throughout the visa’s validity and demonstrating ongoing financial independence.
While our core focus is on individual investors for the E28B, it’s worth noting that corporate investors can obtain Golden Visa status for their directors/commissioners by investing at least USD 25 million for 5-year visas or USD 50 million for 10-year visas. Additionally, for the IKN (Nusantara)-specific Golden Visa, thresholds were reduced in January 2026 to USD 5 million (5-year) and USD 10 million (10-year) for qualifying investments linked to the new capital.
Other Key Eligibility Conditions
Beyond the investment, the Directorate General of Immigration requires applicants to meet general eligibility conditions:
* **Valid Passport:** Your passport must typically have at least 6–12 months validity remaining. However, as an agency, we always recommend a minimum of **18 months validity** to preclude any issues during processing or future travel.
* **Clean Criminal and Immigration Record:** Applicants must possess a clean criminal record, often requiring police clearance from their country of origin, and have no prior record of immigration violations in Indonesia.
The Application Process: How We Secure Your Indonesia Golden Visa E28B
Applying for the **Indonesia Golden Visa for investors** is a multi-step process that demands precision and adherence to regulations. Our agency, `indonesiagoldenvisas.com`, with our team led by experienced advisors like myself, simplifies this journey, ensuring a smooth path from inquiry to approval. We’re here to explain **how to apply for Indonesia Golden Visa** with confidence.
Step 1: Initial Consultation and Eligibility Assessment
Your journey begins with a confidential discussion with one of our expert advisors. This crucial first step allows us to understand your specific investment goals and current situation. We’ll meticulously review your profile against the **Indonesia Golden Visa requirements**, confirming your eligibility for the E28B category and the 5- or 10-year option. Our 10+ years of experience in Bali visa facilitation means we can foresee potential challenges and provide tailored advice from the outset. We ensure you fully grasp the **Indonesia Golden Visa program** and its **benefits**.
* Ready to discuss your options? Connect with our dedicated team through our Visa Concierge Service.
Step 2: Comprehensive Document Preparation
Once eligibility is confirmed, we guide you through gathering all necessary documentation. This typically includes:
* Your valid passport.
* Proof of financial independence.
* Police clearance certificates from relevant jurisdictions.
* Other supporting documents as required by Permenkumham 22/2023 and 11/2024.
Our team meticulously prepares and vets all documents, ensuring they meet the stringent standards of Indonesian immigration authorities, thereby minimizing the risk of delays or rejection.
Step 3: Facilitating Investment Placement
This is the core of the Golden Visa E28B. We provide clear guidance on how to open an Indonesian bank account, a necessary step for placing your investment. We then facilitate the process of investing your **USD 350,000** (for 5-year) or **USD 700,000** (for 10-year) into the qualifying assets – be it government bonds, IDX-listed public company shares, or mutual funds. For those opting for the property-linked 10-year visa, we assist in acquisition of qualifying residential apartment property valued at USD 1,000,000. Our role is to ensure your investment adheres to all regulatory requirements and is correctly documented.
Step 4: Official Application Submission
With your investment secured and documentation in order, our team expertly handles the online submission of your Golden Visa application through the Directorate General of Immigration’s official Golden Visa portal. We manage the technicalities of the submission, ensuring all details are accurate and comply with the latest regulations, including those laid out in Permenkumham 22/2023 and the amending Permenkumham 11/202
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Disclaimer: We are a licensed visa facilitation service, not a government office, and this page is general information — not legal advice. Fees shown are agency service estimates, not official government fees. Requirements change; we confirm the latest rules for your case before you apply.