Indonesia offers 'golden visa' to entice foreign investors

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Indonesia offers 'golden visa' to entice foreign investors
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The 5-year visa requires individual investors to set up a company worth US$2.5 million. Read more at straitstimes.com.

to attract foreign individual and corporate investors in an attempt to boost its national economy, a statement from the ministry of law and human rights distributed on Sunday said.

The five-year visa requires individual investors to set up a company worth US$2.5 million , while for the 10-year visa, a US$5 million investment is required. Meanwhile, corporate investors are required to invest US$25 million to get five-year visas for directors and commissioners. They need to invest double, or US$50 million, to gain a 10-year visa.

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