Indonesia’s Golden Visa E28B is a 5‑ or 10‑year residence visa for foreign investors who establish a company in Indonesia, in exchange for a substantial capital injection and proof of financial capacity. It gives long-term stay, work/management rights in your own company, and a straightforward path to permanent residence.
Indonesia Golden Visa E28B Requirements & Eligibility in 2026
As of 2026, the core Indonesia Golden Visa E28B requirements are built around three pillars: the size of your investment, the type of activity (establishing a company in Indonesia), and your basic personal eligibility (age, financial capacity, clean background).
Let’s break down the program as it really works on the ground – numbers, expectations, and strategic choices – so you can see if you qualify now, or what you need to adjust to qualify in the next 12–24 months.
Minimum Investment for Indonesia Golden Visa – 5 vs 10 Years (E28B)
The E28B category is for individual investors establishing a company in Indonesia. In practice, this is what most Bali‑focused entrepreneurs end up choosing when they’re serious about building a long-term base here.
The current minimum investment for Indonesia Golden Visa 5 years and 10 years is:
- 5‑year E28B Golden Visa: Minimum investment commitment of USD 2,500,000 into a new Indonesian company you establish.
- 10‑year E28B Golden Visa: Minimum investment commitment of USD 5,000,000 into your Indonesian company.
These figures come directly from the official Golden Visa framework, and they match what we see approved in 2025–2026. Immigration expects this capital to be deployed into a real business structure – not just parked and forgotten. You must also fulfil that investment commitment within a set compliance window after your ITAS is issued (currently 90 days).
For investors used to standard investor KITAS figures (IDR 2.5–10 billion), this is a different league. The E28B is aimed at serious regional or global players who want guaranteed, long-horizon stay rights in Indonesia.
Who Is Eligible: Investors vs Professionals vs Other Categories
One of the biggest confusion points is who is eligible for Indonesia Golden Visa investors vs professionals. The answer: E28B is laser‑targeted to investors establishing a company. It is not a generic “professional visa”.
Eligible under E28B (Investors Establishing a Company)
- Entrepreneurs and business owners ready to inject USD 2.5–5 million into a PT PMA (foreign‑owned company).
- Founders relocating the HQ or key regional operations to Indonesia.
- High‑net‑worth individuals building a substantial asset‑backed business platform (e.g., hotels, manufacturing, logistics, tech hubs).
Not generally eligible under E28B
- Employees and mid‑level professionals with no direct investment at the required level.
- Sole‑owner small service businesses that cannot hit the USD 2.5 million threshold.
- Freelancers or remote workers without an Indonesian investment structure.
That said, the Indonesia Golden Visa program has several parallel tracks. If you are evaluating who is eligible for Indonesia Golden Visa investors vs professionals, understand that professionals may fall instead under the global talent category or a standard work KITAS, not E28B.
Indonesia Golden Visa E28B Income Requirement & Proof of Funds
Beyond the investment itself, there is a separate Indonesia Golden Visa E28B income requirement and proof‑of‑funds threshold. At minimum, applicants must show:
- Proof of minimum living funds: Typically at least USD 5,000 in readily available funds in your name.
- Evidence of capacity to make the declared investment (bank statements, portfolio reports, or audited company financials if funds come via a holding company).
Immigration is less interested in monthly salary and more in overall financial robustness and the credibility of your investment. However, if your personal income is unusually low compared to the investment amount, expect questions and additional documentation.
Age Limit for Applicants – Can Younger Founders Qualify?
A frequent concern is whether there is an Indonesia Golden Visa age limit for applicants. As of 2026:
- There is no strict upper age limit written into the E28B rules.
- There is no formal minimum age beyond legal adulthood (18+), but in practice, immigration expects a mature profile that makes sense for a multi‑million‑dollar investor.
We’ve seen approvals for applicants in their late 20s where the investment structure and track record are credible (e.g., a tech founder exiting a previous startup), and smooth approvals for investors in their 50s and 60s. The key is coherence: your age, CV, and investment story must align.
Can Retirees Qualify for Indonesia Golden Visa E28B?
The short answer to can retirees qualify for Indonesia Golden Visa is: yes, but only if they meet the same investment and documentation standards as any other investor.
Being retired is not a disqualifier. What matters is:
- You can legitimately deploy USD 2.5–5 million into a compliant investment structure.
- You can demonstrate the origin of funds (pension lump sums, asset sales, long‑term savings, etc.).
- You are genuinely establishing a business, not just using a shell entity to mask what should be a retirement stay.
Many retirees instead choose the dedicated retirement or “silver hair” pathways, which require significantly less capital but do not carry the same investor rights. If your main goal is to live quietly in Bali with no major business operation, we usually discuss those alternatives first.
Golden Visa Eligibility for Former Indonesian Citizens & Diaspora
The program specifically mentions diaspora, which is where Indonesia Golden Visa eligibility for former Indonesian citizens becomes interesting.
If you are ex‑WNI (former Indonesian citizen) or a descendant of one, you may qualify under a tailored diaspora Golden Visa track with lower investment or deposit thresholds compared to standard foreign investors. These routes are separate from the E28B “establishing a company” route and sometimes better suited, especially if your capital is substantial but not at the multi‑million USD level.
For former Indonesians who are now financially successful overseas, we typically compare:
- Standard E28B investor route (if you are building a major business), versus
- Diaspora or second‑home style Golden Visa categories, where the emphasis is on asset placement or deposits rather than active business operations.
This is a nuanced call. If you are ex‑WNI with mid‑to‑high assets, speak with us first; the right category can save you years of bureaucracy and millions of rupiah in unnecessary structuring costs.
Global Talent Category vs E28B – When You Don’t Want to Invest Millions
Another common misalignment is between pure investment visas and the Indonesia Golden Visa global talent category requirements. The global talent track is meant for internationally recognised experts, innovators, and high‑profile professionals who may not want, or need, to commit USD 2.5–5 million right away.
If your profile looks like this:
- Recognised expert or founder in tech, creative industries, sustainability, or academia.
- Strong CV, global media presence, or awards, but not necessarily liquid multi‑million capital.
…then we would likely explore the global talent Golden Visa first, not E28B. It still offers long‑term stay and prestige but frames you as a strategic contributor rather than a pure investor.
Second Home vs Golden Visa E28B – Which One Fits Your Goals?
Many Bali lovers ask about Indonesia Golden Visa second home vs golden visa eligibility. These are structurally different ideas:
- Second Home Golden Visa:
- Requires relatively high asset deposits or property value, but not an active company.
- Ideal if you want to live in Indonesia long‑term, keep your life relatively passive, and are not running a large local business.
- E28B Investor Golden Visa:
- Requires substantial investment in a company you establish.
- Designed for active entrepreneurs, developers, and corporate players who will manage and grow operations inside Indonesia.
If your core objective is lifestyle and asset preservation, second home is usually more efficient. If your objective is to build a regional hub in Bali or Jakarta, hire teams, and scale revenue, E28B is the right neighbourhood.
Key Document Checklist for E28B in 2026
Exact lists change with new regulations, but as of 2026 a realistic working checklist for E28B includes:
- Valid passport (at least 6–12 months validity remaining, depending on implementation rules).
- Recent colour photograph in immigration‑compliant format.
- Bank statement showing at least USD 5,000 in living funds plus credible proof of access to your investment amount.
- Detailed business plan for your Indonesian company (sector, projected employment, investment rollout).
- Company incorporation documents (for the PT PMA), or a clear pre‑incorporation structure if you are applying at the commitment stage.
- Proof of clean criminal record from your home country or country of long‑term residence (recent issue date).
- Statement letter committing to the investment amount and its deployment in Indonesia.
If you want a deeper walkthrough of the technical side, see our related guide: Step‑by‑Step: How to Apply for the Indonesia Golden Visa E28B Online.
Quick 3‑Question FAQ
1. Do I need to invest before applying, or only commit?
For the E28B, immigration focuses first on an enforceable commitment to invest (with proof you can do so). You then have a defined window after issuance of your ITAS to complete the investment and report compliance. Failing to meet the commitment can lead to revocation, so the commitment must be real.
2. Can I include my family in my Golden Visa?
Yes. Spouse and children can usually obtain dependent stay permits linked to your E28B status. They do not need to make separate investments but must be documented properly (marriage certificate, birth certificates, etc.).
3. Can I work for another company with an E28B?
The Golden Visa E28B is designed for you to manage and work within your own investment structure. Working as an employee for a different Indonesian company would normally require that company to sponsor an appropriate work permit; this must be structured carefully to avoid violations.
How We Handle E28B Cases at Indonesia Golden Visas
I’m Arya Bianchi, and our team at Indonesia Golden Visas has been handling Bali and Indonesia‑wide investor structures for more than a decade. The E28B is powerful, but it is unforgiving if you misjudge your eligibility or mis‑sequence the steps.
When a client comes to us asking about the Indonesia Golden Visa E28B requirements, we usually start with three questions:
- What is your realistic available capital for Indonesia in the next 12–24 months?
- Are you building an operational business here, or mainly seeking lifestyle residency?
- Do you have any special status – global talent, ex‑WNI, high‑profile professional – that might unlock a more efficient category?
From there, we map out whether E28B, global talent, diaspora, second home, or a classic investor KITAS is the most rational fit. Sometimes E28B is perfect; sometimes it is complete overkill, and we tell you that straight.
If you’re at the stage of comparing options, start with our home page for an overview of categories, or speak directly with our team via our concierge service for a structured eligibility review.
Ready to run the numbers on your own E28B scenario? Message us on WhatsApp now and we’ll walk you through your best Indonesia Golden Visa strategy in one focused call.
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General information, not legal advice; fees are agency estimates, not government fees. We confirm the latest rules for your case before you apply.