How to apply for visa retirement Indonesia: A Complete Guide

Do you want to spend your retirement in a tropical place with a slower pace of life like Bali? Relatively cheaper and more affordable cost of living.

Bali is one of the most relaxing and peaceful destinations to stay. A pleasant tropical environment, magnificent scenery, reasonably quality medical treatment, and, of course, the warmth of the natives. What else do you need to enjoy a comfortable retirement?

Good news! Indonesian law allows for a unique sort of visa for the elderly known as the Retirement Visa.

Visa retirement Indonesia

The visa retirement Indonesia grants rights of settlement in Indonesia to those who can demonstrate they are able to financially support themselves without working in the country.

After 5 years of residence in the country, the applicant is eligible for permanent residency. Those who physically spend the majority of the year inside Indonesia are also eligible for citizenship, provided they remain financially independent and have learned Bahasa Indonesia.

Benefits of Retirement Visa Indonesia

• Ability to open an Indonesian bank account.

• Eligibility for a local driver’s license.

• Authorization for a Multiple Exit Re-Permit (MERP), facilitating multiple entries and exits from the country.

• Permission to purchase and register a car under your name.

• Access to local pricing and discounts.

Eligibility for Retirement Visa in Indonesia

• Age: The applicant is 55 years of age or older and retired.

• Life & Health Insurance: The insurance provider can be a company of your choice but must provide cover in Indonesia.

• Home: You must have at least a 1-year lease agreement.

• Funds: You must give evidence that you can support yourself with either a bank statement showing over US$36,000 in the account or proof of other support payments equalling this such as investment or pension

Essential Documents for Obtaining an Indonesian Retirement Visa

• A copy of your valid passport – the passport should have at least 18 months validity and also must have at least 6 empty pages (Indonesia love stamps!)

• A letter stating that you intend to employ domestic help.

• You need to prove your lease with a copy of your signed contract agreement which clearly shows the amount you leased the unit for and the owner’s details.

• 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.

• 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.

• Passport Photographs with red background.

• A sponsor letter which will be provided by the agent.

Housing options for retirees in Bali

As a apply for Retirement Visa bali, you will have several different housing options. You can opt to live in a traditional Balinese-style home, known as a “so endearingly quaint they could be on a postcard” bungalow, or you can choose to live in a more modern home or condo. Villas are very popular among retirees in Bali, as they offer privacy and security.

There are many different types of housing available to foreigners in Bali, so you should have no problem finding something that suits your needs and budget.

Conclusion

If you dream of spending your retirement in a tropical paradise in Indonesia, you’re not alone. With its stunning landscapes, rich culture and warm climate, Retirement visa in Indonesia offers an attractive option for retirees looking to embark on a new chapter in their lives.

For more information about retiree in Bali, visit site www.baliinsightliving.com or contact on (62) 0812 46219970.