Bali Second Home Visa: Exclusive residence permit in Indonesia

The Bali second Home Visa is designed for specific foreign nationals and former Indonesian citizens who have a desire to reside in Indonesia and contribute positively to the country's economy.

Indonesia is offering “second home” visas in a bid to attract wealthy foreigners to the South East Asian country for a long-term stay. The visas are for durations of five and 10 years for a stay in Bali.

This Retirement visa provides an incredible opportunity to experience the country’s wonders for an extended period, enabling you to fully indulge in all that Indonesia has to offer. By obtaining a second home visa, you can unlock a wealth of benefits and create unforgettable memories in this tropical paradise.

The Benefits of the Second Home Visa

Property Ownership and Investment Opportunities: - One of the most significant advantages of the second home visa is the opportunity to purchase property in Indonesia. The country’s real estate market offers favorable prices compared to other Southeast Asian nations, making it an attractive investment prospect.

Owning property in Indonesia not only grants you a place to call home during your stay but also opens doors to potential financial gains.

Embracing a Slower Pace of Life: - Indonesia is renowned for its relaxed and laid-back lifestyle. Retiring or becoming a digital nomad in this tropical paradise allows you to escape the hustle and bustle of urban centers and experience a slower pace of life. From savoring mouthwatering local cuisine to strolling along pristine beaches, every day presents an opportunity to appreciate life’s simple pleasures.

A Supportive Expat Community: By obtaining a second home visa, you become part of an expat community that shares a similar passion for Indonesia’s beauty and charm. Retirees and digital nomads from various corners of the globe have chosen Indonesia as their second home, creating tight-knit communities.

Healthcare: - After 6 months of holding your stay permit (KITAS), you can apply for BPJS (Indonesian Free Healthcare) at a cost of around $15 per month (contact us directly regarding this option since there have been some changes).

Documents and criteria you need before apply for Bali Retirement Visa

Eligibility: To be eligible for a long-term Bali retirement visa, you typically needed to meet certain criteria, which may include age restrictions and financial requirements. Retirement visas, for example, often had an age requirement of 55 years or older.

Sponsors: In most cases, you would need a sponsor or a local agent in Indonesia to assist with the visa application process. They would help facilitate the paperwork and liaise with the immigration authorities.

Financial Requirements: You would need to demonstrate a steady source of income or a certain level of savings to prove that you can support yourself during your stay in Bali. The specific financial requirements may vary depending on the type of visa and your circumstances.

Background Checks: You might be required to provide a clean criminal record and undergo medical checks.

Application Process: The application process typically involved submitting the required documentation and completing any necessary forms. Your sponsor or agent would help with this process.

Copy of your bank account statement or proof that you are receiving a regular dividend from you investment or pension or any other documentation that proves you have enough funds to support yourself

A copy of your health and life insurance policies. This is to ensure that you will not become incumbent on the state in the future and are able to care for yourself.

Visa Approval: Once your application was approved, you would receive a long-term visa, which could be valid for several months or even years, depending on the specific visa category.

Conclusion:

Please keep in mind that visa laws vary over time, so you should check with the Indonesian embassy or consulate in your home country or seek counsel from immigration specialists in Indonesia for the most up-to-date information and guidance on acquiring a second residence visa in Bali.