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Q : Do we have to save our money in the Indonesian local bank if we decide to submit proof of funds instead of property ownership for Second Home KITAS?

A : You don't need to transfer your funds to a local Indonesian bank when applying for the e-visa. Instead, you just have to provide evidence of having at least IDR 2 billion or USD 130,000 in your own bank account, whether it's in your home country or under your name anywhere. However, once you obtain the e-visa and enter Indonesia, you are required to deposit an equivalent amount of IDR 2 billion into a local state-owned bank that you can also use to cover your cost of living here in Indonesia. we are happy to assist you with all the process. 

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Q : Can I work in Indonesia with Second Home KITAS?
A : The Second Home Visa does not permit you to work or earn income in Indonesia. If you wish to work, you’ll need to apply for a work permit (KITAS) under the appropriate category. If you decide to work in Indonesia in the future and have secured an employment contract with an Indonesian company, you must convert your Second Home Visa into a Work Permit that includes an IMTA.

Q : Can I open a business with Second Home Visa?
A : You cannot directly run or operate a business in Indonesia with a Second Home Visa.
This visa is intended for long-term residence only and does not grant the right to work or engage in business activities that generate  "active" income in Indonesia.  But you can always invest in any type  of investment here in Indonesia as long as you are not "actively" involved in the operation.  You may also receive passive income such as dividends from these investments, as this does not count as active income under Indonesian immigration rules. However, if you take on a managerial role or are actively involved in the company’s operations, you would need to convert your visa to a relevant work or investor kitas.
 

Q : What happens if I don’t maintain the IDR 2 billion deposit for my second home KITAS?
A : According to the regulations, you must maintain the required funds or property ownership throughout your stay. The funds are not locked, but Indonesian immigration expects visa holders to maintain the same level of financial capacity at all times. If you have used some of the funds and a random check is conducted, you may be required to top up the balance to meet the requirement.
 

Q : Can I bring my family on my second home KITAS?

A : Yes. You can apply for dependents (spouse, children, or parents) under your Second Home Visa. Their visa validity will follow yours.

Q : Do I need to pay taxes in Indonesia if I have second home KITAS?

A : If you live in Indonesia for more than 183 days in a year, you may be considered a tax resident and must follow Indonesian tax regulations even if your income is from abroad.
If you stay in Indonesia for more than 183 days within a 12month period, you will generally be considered a tax resident and must follow Indonesian tax regulations, even if your income is earned abroad.If you already pay tax in your home country, whether you need to pay again in Indonesia depends on the Double Tax Avoidance Agreement (DTAA) between Indonesia and your country. If such an agreement exists, you may be able to offset or avoid double taxation by providing the required documentation to the Indonesian tax authority. IndofastPermit can assist you in managing your tax matters.

Q : What is the process to obtain a Second Home Visa in Indonesia?
A : If you use IndofastPermit, you just need to submit the required documents to us, and in 3–5 working days you will receive your Second Home e-Visa. We can guarantee approval as long as you don't have any criminal records and never overstayed your visa in Indonesia 😊 You can then enter Indonesia with that e-Visa, and upon arrival you’ll receive an e-KITAS which allows you to open an account in an Indonesian state-owned bank. You will have 90 days to open the account and deposit the funds. Once done, the bank will issue a statement confirming that you are their customer and hold USD 130,000 with them. We will then submit that letter along with your passport, and in another 3–5 working days, you will get your passport done and the Kitas process is done. 

Q : Can I earn intererest on the deposit I make for second home visa Indonesia? 
A : Yes, you can earn interest on this deposit since it’s considered passive income, not active income. The exact interest rate depends on the bank and deposit product and there is no restriction on what banking product you decided to put your money to.