Indonesia Visa Program
Indonesia Golden Visa: Live, Invest & Stay in One of Southeast Asia’s Fastest-Growing Economies
A 5 or 10-year renewable residence visa backed by property investment — now available to foreign nationals from Singapore, Malaysia, and worldwide.
What Is the Indonesia Golden Visa?
The Indonesia Golden Visa (introduced under Government Regulation No. 59/2021) is a long-stay residence visa for foreign nationals who make a qualifying investment in Indonesia. Unlike a work visa or tourist visa, it is not tied to an employer, a sponsor, or a specific location — giving holders genuine freedom to live, travel, and manage their investments across the country.
For property investors specifically, the Golden Visa removes one of the most significant practical barriers to Indonesian real estate ownership: the need to maintain a separate visa solely to visit and manage your asset. With a Golden Visa, your investment and your right to be in-country are unified in a single, multi-year document.
Why it matters for Medan: Medan has direct flights to Kuala Lumpur, Singapore, and Penang. For Malaysian and Singaporean investors, a Golden Visa means genuine second-home convenience — fly in, spend time, manage the property, fly back. No visa runs, no short-stay limits, no bureaucracy.
Golden Visa Categories & Investment Thresholds
The program has four categories depending on whether you are investing as an individual or through a company, and for 5 or 10 years.
| Category | Visa Term | Min. Investment | Notes |
|---|---|---|---|
| Individual Investor | 5 years | USD 350,000 | Fund placement in state-owned enterprise or government bond |
| Individual Investor | 10 years | USD 700,000 | Fund placement in state-owned enterprise or government bond |
| Corporate / Company | 5 years | USD 1,000,000 | Investment via Indonesian-registered company (PT PMA) |
| Corporate / Company | 10 years | USD 2,500,000 | Investment via Indonesian-registered company (PT PMA) |
Property & the Golden Visa: Direct property purchase alone does not qualify as the investment vehicle for the Golden Visa threshold — the qualifying instrument is a government bond, state-owned enterprise fund, or registered company. However, many investors combine both: use the qualifying investment vehicle for the visa, and simultaneously purchase Medan property (via Hak Pakai or PT PMA) as their primary asset. The visa then gives them the residency rights to manage and enjoy that property long-term.
The Second Home Visa: The Simpler Alternative
For many Medan property investors, the Second Home Visa is the more practical option — lower barrier, same long-stay benefit.
Second Home Visa — Key Facts
| Who It SuitsMalaysian & Singaporean diaspora — the 3+ million Indonesians living in Malaysia and Singapore who want a legal, long-term base in Medan to invest, visit family, and manage assets. Retirees — a cost-effective retirement base in a city with excellent private healthcare, international-standard restaurants, and a cost of living dramatically below Singapore or KL. Remote workers — Indonesia’s growing digital economy and improving infrastructure make Medan a viable base for location-independent professionals. Medan advantage: Direct flights to Kuala Lumpur (AirAsia, Batik Air), Singapore (Scoot), and Penang mean a second home in Medan is genuinely convenient — not a logistical burden. |
Why Pair Your Golden Visa With a Medan Property?
The Golden Visa gives you the right to be in Indonesia. Medan gives you a compelling reason to be here.
📈 Entry Prices 60–80% Below BaliA quality off-plan apartment in Medan starts from $50,000–$80,000. The same money in Bali or Jakarta buys you significantly less. Medan lets you own a real asset — not a leasehold fraction — at a price point that makes the total investment package highly accessible. | 💹 4–9% Gross Rental YieldsWhile your Golden Visa qualifying investment earns a government-backed return in a bond or SOE fund, your Medan property simultaneously generates rental income. The two investments work in parallel — one delivers the visa, one delivers the cash flow. | ✈ 90 Minutes From Singapore & KLWith direct flights from Singapore Changi, Kuala Lumpur KLIA, and Penang, Medan is closer to Malaysia and Singapore than most Indonesian cities. Your Golden Visa-backed second home is a weekend flight away, not a logistical expedition. |
🏗 7 Active Growth DriversTrans-Sumatra Toll Road, BRT network, Eastern Medan growth zone, 100% VAT exemption, BI rate cuts, China+1 manufacturing shift — seven independent forces pushing Medan property values upward simultaneously. The fundamentals support a 5–10 year hold with confidence. | 🩹 Low Cost of LivingMedan’s cost of living is 60–70% below Singapore. Quality private hospitals, international schools, modern malls, and a thriving food culture — at a fraction of what the same lifestyle costs in KL or Singapore. For retirees and remote workers, the value equation is compelling. | 👥 Large Established Expat CommunityMedan has a significant Chinese-Indonesian community and a long history of cross-border business with Malaysia and Singapore. Mandarin, English, and Malay are widely spoken in business contexts. As a Malaysian or Singaporean investor, you will not feel like a stranger. |
How to Apply: Step-by-Step
The Golden Visa application runs through the Indonesian Directorate General of Immigration. Here is the process in outline.
1 Choose CategoryDetermine whether you are applying as an individual or corporate investor, and for a 5 or 10-year term. | 2 Place InvestmentMake the qualifying investment in an approved Indonesian instrument (government bond, SOE fund, or registered company capital). | 3 Prepare DocumentsValid passport, investment proof, health certificate, clean criminal record, and passport-size photographs. | 4 Submit ApplicationApply online via the Indonesian Directorate General of Immigration portal, or through an authorised immigration consultant. | ✓ Receive VisaProcessing typically takes 2–4 weeks. Upon approval you receive a multi-entry visa valid for the full 5 or 10-year term. |
Important: Immigration regulations change. Always confirm current requirements with an authorised Indonesian immigration specialist before making any qualifying investment. ASEAN Estates can refer you to trusted immigration advisors in Medan.
Frequently Asked Questions
Can I use property as the qualifying investment for a Golden Visa?
Not directly — the qualifying instrument must be a government bond, state-owned enterprise fund, or registered company investment. However, you can purchase property simultaneously using Hak Pakai title (or via PT PMA), and the Golden Visa gives you residency rights to manage and use that property freely.
Can my family join me on the Golden Visa?
Yes. Spouses and dependent children can typically be included as dependants on the primary holder’s Golden Visa application.
Do I need to live in Indonesia full-time to maintain the Golden Visa?
No. The Golden Visa is a multi-entry visa, not a permanent residency requirement. You are not required to maintain a minimum stay in Indonesia, making it genuinely compatible with investors who split their time between Medan and their home country.
Is the Second Home Visa easier to qualify for?
Yes. The Second Home Visa has no minimum investment threshold tied to a specific financial instrument. For investors whose primary motivation is convenient long-term access to Indonesia (rather than the prestige or financial structure of the Golden Visa), it is often the simpler and faster route.
Can I work in Indonesia on a Golden Visa?
The Golden Visa permits investment activities and business management. Formal employment with an Indonesian company may require an additional work permit. Confirm your specific situation with an immigration specialist.
What happens to my visa if I sell my qualifying investment?
The Golden Visa is linked to the qualifying investment being maintained. If you withdraw the investment before the visa term expires, the visa may be cancelled. Always consult an immigration specialist before changing the structure of your qualifying investment.
Combine Your Golden Visa With a Medan Property Investment
ASEAN Estates specialises in off-plan property in Medan for foreign investors. We can introduce you to trusted immigration advisors for the Golden Visa process, while we handle the property side.
One conversation covers both.
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