Enjoy life in a tropical paradise while staying on a retirement visa Indonesia.
A retirement visa is a temporary stay permit (KITAS or ITAS) for retirement purposes. Retirees who wish to spend their pension in Indonesia are required to present sufficient funds and prove that they have no intention of working in the country.
On top of that, foreigners must present their health record as a confirmation of their good health conditions and hire a domestic helper.
Eligible Applicants for a Retirement Visa
Unfortunately, not every retiree who is 55 years of age or older, is eligible for obtaining a retirement visa in Indonesia. Restrictions are related to foreigners’ countries of origin as well.
Currently, around 60 nationalities are granted the retirement visa option:
A – Argentina, Australia, Austria
B – Bahrain, Belgium, Brazil, Brunei, Bulgaria
C – Canada, Cyprus
D – Denmark
E – Egypt, Estonia
F – Finland, France
G – Germany, Greece
H – Hungary
I – India, Iran, Ireland, Iceland, Italy
J – Japan
K – Kuwait
L – Liechtenstein, Luxemburg
M – Malaysia, Maldives, Malta, Monaco, Mesir
N – the Netherlands, New Zealand, Norway
O – Oman
P – Philippines, Poland, Portugal
Q – Qatar
R – Russia
U – United Arab Emirates
S – Singapore, South Africa, South Korea, Spain, Suriname, Sweden, Switzerland
T – Taiwan, Thailand
U – United Kingdom of Great Britain and Northern Ireland, United States
In addition to the above, ensure that the following criteria are met before you proceed with your Indonesia retirement visa application:
- Age must be 55 or older
- You will not work in Indonesia
- You need to have life and health insurances
- You are required to hire a domestic helper or a maid
- You need to have a place to reside and have a lease contract for a minimum of 12 months
- Your deposit or pension account must show the amount of at least US$18,000 every year
Benefits of Having an Indonesia Retirement Visa
As a holder of an Indonesia retirement visa, a foreigner will be able to enjoy numerous benefits, with the most noteworthy ones include:
- Eligibility to live in Indonesia for many years
- Allowed to enter and exit the country as many times as you want to
- Can open a local bank account
- Can hire a driver for yourself
- Permitted to lease a piece of land
Procedure for Securing an Indonesia Retirement Visa
The steps to apply for a retirement visa in Indonesia are actually quite simple. But, you need to remember that an experienced visa agent is needed to assist you in applying on your behalf.
1. Prepare and submit the following documents to your visa agent:
- A valid passport of at least 18 months with a minimum of 6 blank pages
- Copies of all the pages in your passport
- A statement letter
- A lease agreement
- A copy of your bank account statement with at least US$1,500 in it every month
- A copy of your life insurance and health insurance
- Your photos with red background
- A sponsor letter from your visa agent
2. Collect your retirement visa from an Indonesian Embassy in your country of origin. Inform your visa agent about which Indonesian Embassy you are going to collect your visa from.
3. Once you have set foot in Indonesia, immediately convert your visa to a KITAS (Temporary Residency Permit). Retirement KITAS allows you to stay in Indonesia for a year and it can be extended every year for up to 5 years maximum. After that, if you decide to continue your retirement journey in Indonesia, you can apply for a KITAP (Permanent Residency Permit).
Retirement Visa & Bali Bagus Visa
Sponsor & Travel Agent
Applicants for a retirement visa are obliged to have a local Indonesian sponsor. However, this sponsor is limited to an owner of a travel agency license only.
Being a holder of travel agency licence, Bali Bagus Visa is allowed to sponsor your stay on a retirement visa in Indonesia and provide you with an application letter and a warranty as requested.
Visa Agent
Bali Bagus Visa can act as your visa agent and manage both application and extension of your retirement visa in Indonesia.