The 5 year Indonesia Golden Visa is the most affordable entry route into Indonesia’s investor residency programme: an individual applicant can qualify with an indicative minimum of USD 350,000 placed into approved Indonesian financial instruments under the E28C portfolio category. In return, you receive a five-year electronic limited stay permit (e-ITAS) with multi-entry privileges, no local sponsor requirement, and — based on publicly available programme information — no hard minimum physical-presence rule written into the Golden Visa framework.

This page explains how the USD 350,000 threshold works, which instruments are accepted, what the five-year permit actually gives you, who the route suits best, and how to upgrade to the ten-year tier later if your plans in Indonesia grow.

What Is the 5-Year Indonesia Golden Visa (E28C)?

Indonesia’s Golden Visa sits under the limited stay visa (Visa Tinggal Terbatas) framework, with individual investor routes indexed E28A, E28B, and E28C. The E28C index is the portfolio route: it is designed for individual investors who want long-term residency without establishing an Indonesian company. Instead of building a PT PMA, you place capital into approved Indonesian financial instruments and hold that investment for the duration of your permit.

Two tiers exist within the E28C portfolio route. The five-year tier carries an indicative minimum of USD 350,000, while the ten-year tier requires from USD 700,000 in the same instruments, or from USD 1,000,000 if you qualify through a residential apartment purchase. That makes the five-year tier the lowest threshold in the programme — half the ten-year portfolio capital, and a fraction of the USD 2.5 million indicative minimum on the five-year company route (E28A/E28B).

For investors comparing every category side by side — portfolio, company, property, and corporate — our Indonesia Golden Visa requirements guide maps each threshold, document set, and eligibility condition in one place.

The USD 350,000 Threshold and Accepted Instruments

The five-year E28C tier is defined by where the money goes, not just how much. Based on immigration-linked guidance, the indicative USD 350,000 minimum must be placed into one or a combination of the following Indonesian instruments:

• Indonesian government bonds — sovereign debt instruments issued by the Republic of Indonesia.
• Shares listed on the Indonesia Stock Exchange (IDX) — publicly traded equities on the local bourse.
• Indonesian mutual funds — locally domiciled collective investment schemes.
• Bank deposits — time deposits held with Indonesian banks.

Three structural conditions apply across the portfolio route. First, funds must be placed within 90 days of arrival or e-ITAS issuance. Second, the investment must be maintained for the full duration of the permit; early withdrawal can trigger cancellation of your residency status. Third, all qualifying investments must be registered in the applicant’s own name, not through a nominee, corporate vehicle, or third party.

How you weight the allocation between bonds, listed shares, funds, and deposits is a genuine planning decision — each instrument behaves differently on yield, liquidity, and currency exposure. We break down the practical considerations instrument by instrument in our dedicated guide to the E28C portfolio route.

Core Benefits of the 5-Year Route

The five-year Golden Visa delivers substantially more than a standard visit or business visa, and it removes several friction points that define ordinary KITAS categories:

• Five years of residency in one grant. The e-ITAS is issued for the full five-year term tied to your investment — no annual renewal cycles, no repeated extension filings during the validity period.
• No local sponsor or guarantor. Unlike a conventional KITAS, the Golden Visa does not require an Indonesian employer, agent, or individual sponsor to guarantee your stay. Your investment is your sponsor.
• Multi-entry by design. The permit functions as a multi-entry limited stay permit, so you can enter and exit Indonesia freely throughout the validity period.
• No hard minimum-stay requirement. Publicly available programme information indicates no fixed physical-presence minimum is written into the Golden Visa rules, provided the investment and immigration formalities are maintained. This makes the route workable for investors who split the year across multiple countries.
• Family can follow. A spouse and children can obtain dependent status linked to the principal investor’s permit under related sub-indexes, keeping the whole household on aligned residency timelines.
• Renewable. The permit is renewable where the qualifying investment and programme requirements continue to be met.
• Lifestyle access. Holders can base themselves in Jakarta, Bali, or any Indonesian city with long-term access to local banking, education, healthcare, and property markets.

One nuance before you commit: E28C is a residency-by-investment permit, not an open work permit. Holders can reside long term and conduct investment-related activities, but employment in unrelated Indonesian entities is not automatically covered — resolve this with licensed counsel before filing.

Who Should Start With the 5-Year Golden Visa?

In our advisory work, the five-year tier consistently fits four investor profiles:

• First-time Indonesia investors testing the waters. USD 350,000 in liquid, exchange-traded or bank-held instruments is a materially lower commitment than the property or company routes — and the capital remains an investment, not a sunk cost.
• Remote-working founders and portfolio investors. Investors who earn outside Indonesia but want a long-term Southeast Asian base benefit from the no-sponsor structure and the absence of a hard minimum-stay rule.
• Families planning a Bali or Jakarta relocation. The dependent pathway lets a principal investor anchor the whole family’s residency with a single qualifying investment.
• Pre-retirees and flexible-lifestyle investors. Five years of multi-entry residency with bank deposits or government bonds as the qualifying asset suits investors who prioritise capital preservation over local business building.

Residency is only one layer of an actual move. For clients relocating to Bali, we route the on-the-ground layer — legal concierge and immigration support, secure villa rentals, transportation, and 24/7 assistance — through the expat services desk at Bali Premium Trip, our sister operation within the group.

Indicative Investment and Cost Overview

The table below summarises the indicative entry thresholds across the individual Golden Visa routes, so you can see exactly where the five-year portfolio tier sits. All figures are indicative programme minimums based on current publicly available guidance; they exclude government fees, banking and brokerage costs, and professional fees, and should be verified at the time of application. Advisory engagement fees are available on request.

The table also shows the ladder many clients climb: start at USD 350,000, then step up to the ten-year tier once their Indonesian footprint justifies it.

How the Application Works

Applications are filed online through the Directorate General of Immigration’s e-Visa system at evisa.imigrasi.go.id. The typical sequence for a five-year E28C applicant looks like this:

• Confirm route and eligibility. Verify that the portfolio route matches your goals and that your source of funds can be cleanly documented.
• Prepare the document set. Core items include a passport with at least six months’ validity, a recent photograph, and proof of qualifying funds — bank statements, brokerage statements, or bond purchase confirmations.
• File through the e-Visa portal. Submit the application and supporting evidence electronically.
• Enter Indonesia and complete the investment. Once the e-ITAS is issued, the qualifying investment must be placed within 90 days, registered in your own name.
• Maintain the position. Keep the investment intact for the full five-year term to preserve your status.

In practice, most complications come from source-of-funds documentation, instrument selection, and the 90-day settlement window — building the file correctly before submission is where advisory support earns its keep.

The Upgrade Path to the 10-Year Golden Visa

Starting at five years does not lock you out of the longer tier. Investors who begin with the USD 350,000 portfolio tier can position for the ten-year permit by scaling the qualifying investment to the indicative USD 700,000 portfolio threshold — or by shifting to the property route with a qualifying residential apartment purchase from USD 1,000,000. For investors whose conviction in Indonesia grows over the first residency term, this staged approach spreads capital commitment across years rather than demanding it all upfront.

The longer tier carries its own planning considerations — instrument mix at the higher threshold, property eligibility rules, and renewal strategy. We cover the full picture in our guide to the 10-year Indonesia Golden Visa.

Frequently Asked Questions

How much does the 5 year Indonesia Golden Visa cost?

The qualifying investment starts from an indicative USD 350,000 placed into Indonesian government bonds, IDX-listed shares, mutual funds, or bank deposits. This is an investment you continue to own, not a fee. Government charges, banking costs, and professional fees sit on top; advisory fees are available on request.

Do I need to live in Indonesia full time to keep the visa?

Publicly available programme information indicates no hard minimum physical-presence requirement is written into the Golden Visa rules. Your obligation is to maintain the qualifying investment and comply with immigration formalities for the full term. Always confirm current practice with licensed counsel before structuring your travel around this.

Can my spouse and children join me on the 5-year Golden Visa?

Yes. A spouse and children can obtain dependent stay permits linked to the principal investor’s status under related sub-indexes, so one qualifying investment can anchor the whole family’s residency.

Do I need to set up an Indonesian company for this route?

No. The E28C portfolio route exists precisely so individual investors can qualify without establishing a PT PMA. Company establishment only becomes relevant under the E28A/E28B routes, which carry an indicative minimum from USD 2.5 million for the five-year tier.

What happens if I withdraw my investment early?

Early withdrawal of the qualifying investment can trigger cancellation of the permit. The investment must be maintained, in your own name, for the full duration of the visa — treat the five-year term as the minimum holding horizon when selecting instruments.

Can I upgrade from the 5-year to the 10-year Golden Visa later?

Yes, this is a common strategy. Scaling your portfolio to the indicative USD 700,000 threshold, or qualifying through a residential property purchase from USD 1,000,000, positions you for the ten-year tier when your plans in Indonesia mature.

Talk to the Indonesia Golden Visas Advisory Desk

If USD 350,000 is your entry point into Indonesian residency, the decisions that matter most are made before you file: which instruments to hold, how to document source of funds, how to sequence the 90-day settlement window, and whether to plan the ten-year upgrade from day one. Our advisory desk works through each of these with you and coordinates the on-the-ground relocation layer through our group’s operations in Bali.

Start the conversation today: message us on WhatsApp at wa.me/6281139414563 or email [email protected] for a confidential discussion of your eligibility and timeline.

Disclaimer: This article is general information, not legal, immigration, tax, or financial advice. Indonesian Golden Visa regulations, thresholds, and procedures can change without notice, and figures shown are indicative only. Verify all requirements against current official sources and consult a licensed immigration lawyer and financial adviser before making any investment or residency decision.