The Second Home Visa Impact on Ex-WNIs Thread

[pantaiema]

Second Home Visa E33F is already Live since a while ago. This program is not just for Ex-Indonesian, but anyone interested who could meet the requirement could Apply. This is the link from the official Indonesian Immigration:
https://molina.imigrasi.go.id/front/faq/34723b14-5760-42e9-8aa8-73f54deb572f

It is intended for a person who will deposit funds in a state-owned bank or purchase property in Indonesia (Maximum stay permit 5 YEARS - Extendable). No guarantor is needed.

Financial commitment:
Deposit funds in an account at a state-owned bank with a value of US$ 130,000 (one hundred thirty thousand US Dollars), or Purchase property in Indonesia such as an apartment/flat house with a value of US$1,000,000 (one million US Dollars).

 

[Shadrach]

Second Home Visa E33F is already Live since a while ago. This program is not just for Ex-Indonesian, but anyone interested who could meet the requirement could Apply. This is the link from the official Indonesian Immigration:
https://molina.imigrasi.go.id/front/faq/34723b14-5760-42e9-8aa8-73f54deb572f

It is intended for a person who will deposit funds in a state-owned bank or purchase property in Indonesia (Maximum stay permit 5 YEARS - Extendable). No guarantor is needed.

Financial commitment:
Deposit funds in an account at a state-owned bank with a value of US$ 130,000 (one hundred thirty thousand US Dollars), or Purchase property in Indonesia such as an apartment/flat house with a value of US$1,000,000 (one million US Dollars).

Wow! You are talking some major big bucks here! What is the purpose of this post anyway? Only a few have this kind of money! Can you explain what this is all about? Is this post for wealthy people who want to live here?

 

[pantaiema]

Wow! You are talking some major big bucks here! What is the purpose of this post anyway? Only a few have this kind of money! Can you explain what this is all about? Is this post for wealthy people who want to live here?

Nope. It is the original thread in this forum isn't it ? This is just an update.
The requirement to buy an apartment/flat house with a value of US$1m might be unusual.

The requirement to have investment value of US$ 130k+ to have a second home, to get residency is not uncommon in other countries. But a specific requirement that the money to be deposited in Indonesian state-owned Indonesian bank is quite unusual. Probably people with common sense will be thinking twice to do that.