Retirement Visa Bali: A Complete Guide for Aussies Planning to Retire

With its tropical climate, rich culture, and affordable lifestyle, Bali offers an ideal setting to enjoy your golden years.

If you are considering making Bali your home after retirement, understanding the Retirement Visa Bali, the best places to live, the cost of living, and the visa requirements is essential.

Why Retire in Bali?

Bali’s natural beauty, with its stunning beaches, lush forests, and terraced rice paddies, provides an idyllic setting for retirement. The island’s tropical climate ensures warm weather year-round, perfect for enjoying outdoor activities and a relaxed lifestyle.

What is the Retirement Visa Bali?

The Retirement Visa Bali, officially known as the E33F Retirement KITAS, is a limited stay permit designed for foreigners aged 55 or 60 and above who want to live in Indonesia without engaging in any work or business activities. This visa grants the holder a one-year residency, renewable annually for up to five years. After five years, retirees can apply for a permanent stay permit called KITAP.

This visa is ideal for retirees who want to enjoy Bali’s relaxed lifestyle legally and comfortably, with the flexibility to travel in and out of Indonesia during their stay.

Retirement Visa Bali Requirements

To qualify for the Visa retirement indonesia, applicants must meet several criteria:

Age: Must be 55 years or older at the time of application.

Income: Proof of a stable monthly income or pension of at least USD 1,500 to USD 3,500 depending on the source. Some sources mention a minimum pension of USD 3,500 per month, while others accept USD 1,500 as sufficient.

Accommodation: You must have a lease agreement for at least one year with a minimum rental cost of around USD 500 per month or proof of property ownership with a minimum value (e.g., USD 35,000).

Insurance: Valid life and health insurance covering your stay in Indonesia is mandatory.

Employment: You must agree not to work in Indonesia during your stay.

Maid/Helper: Hiring at least one local domestic helper is required by Indonesian regulations.

Other Documents: Passport with at least 18 months validity, bank statements showing sufficient funds (usually over USD 36,000), marriage certificate if applicable, and other supporting documents translated into English if necessary.

Best Places to Retire in Bali

Bali offers a variety of locations catering to different lifestyles and preferences:

Ubud: Known as Bali’s cultural and spiritual heart, Ubud is surrounded by rice terraces and forests. It’s ideal for retirees who enjoy arts, yoga, and a peaceful environment.

Sanur: A quiet beach town with calm waters, Sanur offers easy access to healthcare and a slower pace of life, perfect for retirees seeking tranquility.

Canggu: Popular among expats and digital nomads, Canggu combines modern cafes, vibrant social scenes, and surfing beaches, suited for those wanting an active lifestyle.

Jimbaran and Nusa Dua: These upscale areas provide luxury resorts, fine dining, and pristine beaches, appealing to retirees who prefer comfort and convenience.

Read more related[Choosing the right place to retire in Bali]

Choosing the right area depends on your personal preferences, budget, and proximity to amenities like hospitals and shops.

Cost of Living to Retire in Bali

One of Bali’s biggest draws is its affordable cost of living compared to Western countries:

Housing: Renting a comfortable villa or apartment typically costs around USD 500 to USD 1,000 per month, meeting the visa requirement and offering a range of options from modest to luxury accommodations.

Food and Groceries: Local markets and eateries offer fresh produce and meals at low prices. A couple might spend between USD 50 to USD 100 weekly on groceries.

Transportation: Renting a scooter is common and costs about USD 50 to USD 100 monthly, with fuel being inexpensive.

Healthcare: While public healthcare quality varies, many retirees invest in private health insurance to access international-standard hospitals and clinics.

Overall, retirees can enjoy a comfortable lifestyle in Bali for approximately USD 1,500 to USD 2,500 per month, depending on their choices.

Read more Related[The real cost of living in Bali]

Benefits of the Bali Retirement Visa

Holding a retirement visa in Bali offers several advantages:

Long-term Residency: Stay legally in Bali for years with annual renewals.

Multiple Entry/Exit: Travel freely in and out of Indonesia without visa hassles.

Property Leasing: Lease property legally for your residence.

Driving License: Obtain an Indonesian driving license for local travel.

Banking: Open local bank accounts for convenience.

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Conclusion

Retiring in Bali is a dream come true for many foreigners, offering a blend of natural beauty, cultural richness, and an affordable lifestyle. The Retirement Visa Bali provides a legal framework to live in Indonesia comfortably and securely.

For more information related bali and visa retirement visit our website baliinsightliving.com or mail us (62) 0812 46219970