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Retirement Visa Indonesia: Understanding the Latest Immigration Circular

In a bid to cater to the growing demographic of elderly foreign tourists, the Directorate General of Immigration has recently issued a new circular outlining the procedures for obtaining and extending retirement visas. This article delves into the details of the latest circular, emphasizing the key requirements and changes introduced for elderly foreign tourists seeking to retire in Indonesia.

 

The latest circular No. IMI-0315.GR.01.01 of 2023, in accordance with the Minister of Law and Human Rights Regulation No. 22 of 2023, sets out specific provisions for the issuance and extension of Limited Stay Permits or Permanent Stay Permits for elderly foreign tourists. The focus is on individuals aged 55 and above, acknowledging the unique needs of this demographic.

 

I. Extension, Change of Status, and Other Services:

The circular addresses various immigration processes for elderly foreign tourists, including extension, change of status, reporting, and other related services concerning Limited Stay Permits or Permanent Stay Permits. It is crucial to note that the circular applies to individuals whose residence permits have been issued or have pending applications before the circular's enforcement.

 

II. New Limited Stay Permits and Change of Status:

Elderly foreign tourists, under the age of 60, can apply for new Limited Stay Permits or change their status from Visit Stay Permits to Limited Stay Permits. This aligns with the regulations stipulated in the Minister of Law and Human Rights Regulation No. 22 of 2023.

 

III. Specific Requirements for Elderly Tourists and Guarantors:

The circular introduces specific requirements for elderly tourists and their guarantors, which differentiates it from previous regulations. The key distinctions include:

  • Proof of Income or Allowance: Applicants are required to provide evidence of a monthly income or pension equivalent to at least US$3000.

  • Minimum Age Requirement: Elderly tourists must be at least 60 years old, marking a change from the previous age requirement of 55.

  • Durations: The circular outlines regulatory provisions facilitating expatriates' retirement in Indonesia for a duration of up to 5 years. The requires needed to apply for this duration, such as:

  1. At least 60 years old.

  2. Proof of state-owned bank statement of minimum US$ 50.000 for at least 90 days after the visa granted.

  3. Provide the pension fund for at least US$ 3.000 per month.

 

IV. Requirements:

  1. Valid passport with a remaining validity of at least 18 months

  2. Photograph with a red background

  3. Curriculum Vitae (CV)

  4. Life and Health Insurance Policy

  5. Home lease agreement for a minimum of 1 year (signed by both parties, indicating the owner's name, rented house address, rent amount, and attached owner's KTP)

  6. A statement or letter authorizing the employment of an Indonesian maid/helper, confirming non-engagement in business activities, and securing accommodation

  7. Maid/helper ID card (KTP)

  8. Statement of Pension fund based on the chosen Retirement KITAS type

  9. Copy of marriage certificate (if applicable)

 

V. Benefits of acquiring a Retirement Visa:

The benefit include:

  1. Unrestricted entry and exit privilege.

  2. The option to lease land.

  3. The ability to open a bank account.

 

VI. FAQ

  • How long is the duration of a Retirement Visa?

  • Can I apply for a Permanent Stay Permit (KITAP)?

  • Do I need to visit an Indonesian Embassy for the initial visa processing?

  • Is there a limit to the number of times I can extend the retirement visa?

  • If my spouse and I both want to retire in Indonesia, do we both need to apply for a retirement visa?

  • Can I bring my children with me?

 

If you're feeling uncertain about securing your visa, IndofastPermit offers convenient support and offers complimentary consultations to guide you through the process with ease!

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