Investing abroad is always difficult. It not only requires a lot of paperwork but also a deep understanding of the local market. Luckily, Indonesia has a perfect solution, as temporary and permanent stay permits are available for those who are willing to invest. Let’s dive in and see how to apply for an Investor KITAS or KITAP!

Why Do Business in Indonesia?

Indonesia is one of the world’s most densely populated countries, with Southeast Asia’s largest economy. No wonder so many foreign investors think this is the perfect place to invest. However, if you want to tap into the country’s economic potential, you’ll need the right paperwork. That’s why the Indonesian government started the Investor KITAS and KITAP programs.

Temporary Stay Permit – Investor KITAS Visa Bali

If you want to invest, you need to be in the country. Yet, you won’t have to apply for a work permit (since you’re not employed), nor do you need to come on a business visa (as it’s more ¬than just a short visit). The Investor KITAS is a limited stay permit designed for investors who need flexibility in managing their business — although there are, of course, a number of requirements for the application.

This type of KITAS is for those who are listed as a shareholder, director, or commissioner in an Indonesian foreign-owned company (PT PMA). The company must meet the legal requirements set by the Indonesia Investment Coordinating Board (BKPM).

Permanent Stay Permit – Investor KITAP Visa Bali

While the KITAS is valid for 1 or 2 years, it can be renewed multiple times. However, for serious investors, there may be an even better solution. If you’ve had the same sponsor with no interruptions, after three extensions, KITAS holders may be eligible for an Investor Permanent Stay Permit (KITAP). The Investor KITAP is valid for five years and can be extended indefinitely. If you’ve held shares in an Indonesian PT PMA for at least four years and possessed a KITAS for a minimum of four years, you may be eligible to convert your KITAS to a KITAP.

Get Your Investor Visa for Bali

As you can see, Indonesia provides ample opportunities for investors to stay in the country legally. If you’re still exploring the market and want to start doing business in your newly established company, the Investor KITAS is your best option. However, if you’re a well-established investor, you may want to apply for a KITAP. The permanent stay permit ensures long-term residency on any island in Indonesia with ease of travel. Not only will you no longer have to worry about extending your visa, having a KITAP can even be a pathway to Indonesian citizenship.

Need some help to apply for your investor visa for Bali? Contact us!