The so called Second Home Visa for Bali (Indonesia) is officially launched – and available by the end of 2022

Indonesia was planning to launch a long-term Visa for digital nomads and investors since several years and there have been numerous announcements when a “Digital Nomad Visa” would be available and what would be the conditions. As it looks now, with the conditions of “proof of funds” requiring a substantial amount of money, it would be misleading to call this Visa a Digital Nomad Visa.

second home visa Bali

Source: imigrasi.go.id

On 25th of October 2022, the Directorate General of Immigration has passed a new decree (Circular Number IMI-0740.GR.01.01) and officially announced that the new Second Home Visa will be available by the end of 2022 (60days after the decree has been passed, effective 24th Dec 2022). This new Visa will not be called “Digital Nomad” Visa but Second Home Visa. 

Second Home Visa

The aim is clear. Indonesia understands and values the contribution of foreigners living in Indonesia. Until now, there was no clear and easy path for foreigners to stay longer in Indonesia unless they applied for a Retirement Visa. It is logical to expect that in essence the Second Home Visa will at some point replace the Retirement Visa.

Second Home Visa to attract more foreigners living in Indonesia

“Towards the implementation of the G20 Summit, today we officially launched the Second Home Visa today. The aim is to attract foreign visitors to Bali and various other destinations” stated Pak Widodo Ekatjahjana, the Acting General of the Immigration.

This visa is also suitable for former Indonesian Citizens.

However, the “proof of funds” -requirement of USD 140,000 might come as a shock to young digital nomads who hoped, that the visa will be easy to get, allowing them to come to Bali, enjoy the life style, and work as a freelancer or remote worker without having to get the B211A Visa and keeping extending it.

Second Home Visa Requirements - FAQ

The visa is valid for a minimum of 5 or / and 10 years. The details are not yet defined.

  • CV – Curriculum Vitae
  • PASSPORT – valid for a minimum of 36 months
  • PROOF OF FUNDS – with a value of at least ID 2 billion (ca. USD 140,000)
  • PHOTO – Recent coloured photograph (4 cm x 6 cm, white background)
  1. bank account statement owned by the applicant or a guarantor (the conditions to provide a guarantor are not yet clear yet)
  2. You can own a property in Indonesia (probably of minimum the same value) Clarification: Even though you cannot own land in Indonesia, you can lease the land and own the property that is built on the land

We will update this page, once we have more details that are officially clarified.

It is expected that the funds might have to be deposited in some form, or that immigration could check regularly, whether this minimum amount is still in the bank account. 

First, you CANNOT work in Indonesia with this Visa. Means, you can not be a life coach in Indonesia, a manager of a business, and neither can you create any income in Indonesia through activities in Indonesia and therefore be paid to a bank account in Indonesia. It is not a work permit.

You can be a remote worker, freelancer for entities abroad, be on staycation or simply stay here as a tourist. IN the press release “investment” is also mentioned. However, being an investor in Indonesia does also come with other requirements depending on what type of investments are done (e.g. company shareholder).

We assume at this point, that your global income will not be taxed. That would defy the purpose of this visa. However, this small but important detail has not yet been discussed nor clarified. Once we have more details, we will update this page. 

Based on the article published by the immigration office, foreigners will be able to apply for the Second Home Visa online. Here is the link that was mentioned in the article

The price will be IDR 3,000,000 (ca. USD 220)

Yes, the Visa holder can sponsor his spouse and children. The details are not yet clear.

That is not clarified yet. Probably some nationalities will not be eligible. 

Well, this is it. At this point we don”t foresee that the requirement of having to proof funds of USD 140,000 or above will be changed. We might be wrong, but for now the Second Home Visa is what the government has created to attract foreigners to stay longer in Indonesia. What was referred to as Digital Nomad Visa previously, assuming that the hurdle to get it would be lower, is probably not going to happen. And it is expected that it will replace the Retirement Visa at some point.

Sources

Announcement on Immigration Website (en)

Announcement on Immigration Website (id)

Decree IMI-0740.GR.01.01

Disclaimer:
Any information on this page is carefully researched. However we are not responsible nor liable for any information that might not be accurate or change.