Description
Apply for Investor KITAS
The Investor KITAS is a visa specifically designed for business investors in Indonesia, which is allowing them to live and manage their business within the country with relative ease. Although the Investor KITAS has actually been in effect since 2011, based on Law No. 6/2011 and later edited again in 2018, it wasn’t until the rebranding in 2019 when significant changes were noted. Then, it was making this KITAS type one of the most popular visas to possess in the country.
According to the BKPM amendment no.5/2019, Indonesia offers further benefits to investors residing in Indonesia. Prior to this regulation issuance, it was necessary for investors to apply for a Working KITAS (Index code 312), along with a working permit which costs US$1,200 (Rp 17 million) per year, as a mandatory fund.
Consequently, due to this amendment, Working Permits are no longer necessary for Investor KITAS holders which will reduce the visa outlay by US$100 (Rp 1.4 million) per month/$1,200 (Rp 17 million) per year.
The Investor KITAS is available with two-term lengths: one year and two years. By picking the two-year Investor KITAS, you will save US$2,400 (Rp 35 million) over the term because of the non-compulsory DPKK fund as well as yearly KITAS processing and associated costs.