JAKARTA: Indonesia is introducing a golden visa scheme 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 (Sep 3) said. “The golden visa is granting a residence permit for an extend
JAKARTA: Indonesia is introducing a golden visa scheme 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 years 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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Indonesia offers 'golden visa' to entice foreign investorsThe 5-year visa requires individual investors to set up a company worth US$2.5 million. Read more at straitstimes.com.
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