The 10-year Indonesia Golden Visa (index E28C) grants an individual investor a decade of residence in exchange for a minimum of USD 700,000 placed in Indonesian capital-market instruments, or USD 1,000,000 or more invested in a qualifying residential apartment. It is, quite simply, the longest residency an individual investor can buy in Indonesia without establishing a company — a single approval that covers ten years of multi-entry living, banking, and investing across the archipelago.
This guide breaks down both qualifying routes, the benefits attached to the 10-year e-ITAS, and the strategic question most applicants eventually ask: is one 10-year visa genuinely better than two consecutive 5-year visas? All figures below are indicative thresholds drawn from published immigration guidance as of 2026 and should be verified against current regulations before you commit capital.
The Longest Residency an Individual Investor Can Buy
Indonesia’s Golden Visa program sits under the limited stay visa framework (Visa Tinggal Terbatas), with the individual, no-company route carried under index E28C. Where the 5-year tier asks for an indicative USD 350,000, the 10-year tier doubles the capital commitment — and in return removes the single biggest friction in long-term Indonesian residence: the renewal cycle. Ten years is longer than any retirement visa, any second-home permit, and any standard investor KITAS available to a private individual. For high-net-worth applicants who think in decades — children’s schooling, property cycles, business exit timelines — that horizon is the entire point.
Two distinct paths lead to the same 10-year permit. You only need to satisfy one of them.
Two Routes to Ten Years
Route one: USD 700,000 in capital-market instruments
The first path is a pure portfolio play. An indicative minimum of USD 700,000 is placed into eligible Indonesian instruments: government bonds, shares listed on the Indonesia Stock Exchange, locally domiciled mutual funds, or bank deposits with a state-designated institution. No company formation, no employees, no operational footprint — just registered financial assets held in your own name.
Three conditions define this route in practice:
- The 90-day funding window. Qualifying funds must generally be placed within 90 days of arrival or e-ITAS issuance. Arriving without a clear allocation plan is the most common early mistake.
- Hold for the full term. The investment must be maintained for the duration of the visa. Early withdrawal or falling below the threshold can trigger cancellation of the permit.
- Your name, not a nominee. Instruments must be registered in the applicant’s own name — corporate wrappers and nominee arrangements do not satisfy the individual E28C route.
How you weight bonds against deposits or listed equities is a portfolio decision with real yield, currency, and liquidity trade-offs. Our full breakdown of the E28C portfolio route walks through the eligible instruments and how applicants typically structure the USD 700,000 allocation.
Route two: USD 1,000,000 in residential property
The second path swaps financial instruments for real estate: an investment of USD 1,000,000 or more into a qualifying residential apartment or flat. For investors who intend to actually live in Indonesia — Jakarta, Bali, or another major city — this route converts the visa requirement into a home rather than a brokerage statement.
The property route carries its own fine print. The asset class matters (qualifying residential apartments, not raw land or freehold villas under standard foreign-ownership limits), title structure matters, and the purchase must be documented to immigration’s satisfaction. Our guide to the golden visa property route covers qualifying asset types, title considerations, and the documentation chain in detail.
One practical note from the field: most property-route applicants do not buy in their first month. A common sequence is to secure comfortable interim accommodation, inspect the market properly, then transact. Serviced, fully managed options such as secure villa rentals in Bali are frequently used as a base while shortlisting apartments — it keeps the 90-day investment clock and the housing decision from colliding.
What the 10-Year Permit Actually Gives You
The visa is issued as an electronic limited stay permit (e-ITAS) tied to your investment. In day-to-day terms, holders report four benefits that matter most:
- No local sponsor. Unlike a standard KITAS, the Golden Visa requires no Indonesian guarantor, employer, or agent-of-record. Your investment is your sponsor.
- Multi-entry freedom. The e-ITAS is a multi-entry permit. You can come and go throughout the validity period without re-applying, and published guidance indicates no hard minimum-stay requirement, provided the investment and immigration formalities are maintained.
- Renewable status. The permit is renewable if the qualifying investment and requirements are still in place at the end of the term — a decade of residence need not be the ceiling.
- Family inclusion. A spouse and children can obtain dependent permits linked to the main investor’s status. The mechanics, timing, and documents for dependants are covered in our guide to bringing family on a golden visa.
Residence also unlocks the practical layer beneath it: local bank accounts, long-term leases or property, school enrolment, and access to Indonesian health services — the infrastructure of actually living somewhere rather than visiting it.
Indicative Thresholds at a Glance
The table below summarises the individual-investor tiers as published in 2026 guidance. Every figure is indicative and subject to change by regulation; government fees and processing costs are quoted on request as part of a consultation.
| Option | Duration | Indicative minimum investment | Eligible assets |
|---|---|---|---|
| E28C portfolio, 5-year | 5 years | From USD 350,000 | Government bonds, IDX shares, mutual funds, bank deposits |
| E28C portfolio, 10-year | 10 years | From USD 700,000 | Government bonds, IDX shares, mutual funds, bank deposits |
| Property route, 10-year | 10 years | From USD 1,000,000 | Qualifying residential apartment or flat |
Company-based routes (E28A/E28B) exist at indicatively USD 2.5 million and USD 5 million for investors establishing or funding an Indonesian entity, but for individuals who want residence without operating a business, the two routes above are the relevant menu.
One 10-Year Visa vs Two 5-Year Visas: The Strategic Math
On paper, two consecutive 5-year visas at USD 350,000 each look like the same destination with half the upfront commitment. In practice, the comparison is less symmetrical than it appears.
Capital commitment
The 5-year route keeps USD 350,000 of your capital uncommitted for the first five years — a genuine advantage if that capital earns more elsewhere. But the funds you do place must be held for the full term either way, and at renewal you will be investing under whatever thresholds apply then, not now. If minimums rise between 2026 and your renewal date, the two-step path can end up costing more in total committed capital, not less.
Regulatory certainty
This is the decisive factor for most applicants. A 10-year approval locks in today’s rules for a decade: thresholds, eligible instruments, and route definitions as they stand at issuance. A 5-year visa exposes you to one full repricing event — a renewal under future regulations, future minimums, and future documentary standards. Golden visa programs worldwide have a consistent history of moving in one direction: upward and stricter. Buying ten years of certainty is, in effect, buying insurance against that drift.
Effort and process cost
Two 5-year cycles mean two rounds of source-of-funds evidence, two document packages, two sets of government fees, and two periods of processing uncertainty — typically five years apart, when your paperwork, bankers, and circumstances have all changed. One 10-year application front-loads that effort once. For applicants whose time carries a high opportunity cost, the second application cycle is a real expense even before fees are counted.
Who should still choose 5 years
The 5-year tier remains the rational choice for investors testing Indonesia before committing at scale, for those unwilling to lock USD 700,000 into IDR-market instruments in a single move, and for anyone whose 10-year horizon is genuinely uncertain. The honest advice: match the visa term to your conviction, not to the brochure.
How the Application Works
Applications run through the Directorate General of Immigration’s official e-visa portal (evisa.imigrasi.go.id). The outline sequence: confirm your route and eligibility, prepare the document package — passport with at least six months’ validity, photographs, and proof of qualifying funds such as bank or brokerage statements, bond confirmations, or a property sale-and-purchase agreement — then submit online, receive the visa, enter Indonesia, and complete the investment placement within the 90-day window as your e-ITAS is issued.
The document standard is where most self-filed applications stall, particularly on source-of-funds evidence. Our complete checklist of Indonesia golden visa requirements sets out what immigration expects to see for each route before you file.
Frequently Asked Questions
Can I combine the portfolio and property routes to reach the 10-year threshold?
Published guidance treats the routes as distinct qualifying options — USD 700,000 in capital-market instruments or USD 1,000,000+ in a qualifying apartment — rather than a blendable total. Because edge cases turn on current regulation and how immigration assesses your file, confirm any hybrid structure with a licensed advisor before relying on it.
Do I have to live in Indonesia for a minimum number of days each year?
Publicly available information indicates no hard physical-presence minimum written into the Golden Visa rules. The permit is multi-entry, and status depends on maintaining the investment and immigration formalities rather than on days spent in-country. Tax residency, however, is a separate question governed by separate rules — take specific advice on that.
What happens if I sell the investment in year four?
The qualifying investment must be maintained for the full visa duration. Early withdrawal, sale, or falling below the threshold can trigger cancellation of the permit. If you anticipate needing liquidity, structure your remaining portfolio around the locked tranche — or reconsider whether the 5-year tier fits better.
Can my spouse and children get residence under my 10-year visa?
Yes — dependants can obtain linked permits tied to the main investor’s status, covering a spouse and children. The dependant application has its own document set and timing considerations, which we cover in our family and dependants guide.
Is the 10-year visa renewable after it expires?
Yes, the permit is renewable provided the investment and eligibility requirements are still satisfied under the regulations in force at renewal. Holders who maintain their qualifying position throughout the term are in the strongest position to extend.
Important Disclaimer
This article is general information, not legal, immigration, tax, or financial advice. Golden Visa thresholds, eligible instruments, and procedures are set by Indonesian regulation and can change without notice; figures shown are indicative as of 2026. Investments in bonds, listed shares, funds, deposits, and property carry market, currency, and liquidity risk, and residence status does not alter those risks. Before committing capital or filing an application, verify all requirements with the Directorate General of Immigration and take advice from licensed legal, tax, and financial professionals for your specific circumstances.
Talk Through Your 10-Year Plan First
Choosing between USD 700,000 in instruments and USD 1,000,000 in property — or between one decade and two five-year terms — is a decision worth an hour of structured conversation before it becomes a wire transfer. Our advisory desk works with individual investors on route selection, documentation strategy, and coordination with licensed local counsel. Message us on WhatsApp at wa.me/6281139414563 or email [email protected] for a private consultation on the 10-year Indonesia Golden Visa — fees and current government cost schedules provided on request.