What if, after retirement, you decide to settle permanently in Indonesia? This is made possible by the retirement visa for Indonesia that the Indonesian government provides.
Worldwide retirees find Indonesia to be a desirable location.
Can I Get a Retirement Visa for Indonesia?
The Retirement KITAS is a unique visa that the Indonesian government provides. For foreign citizens who wish to retire and spend a significant amount of time in Indonesia, this visa is designed.
You can spend your retirement in one of the world’s most beautiful countries with this flexible one-year stay permit, which can be renewed multiple times.
Indonesia Retirement Visa (KITAS) – IMI – CLICK HERE
Eligibility Requirements for an Indonesian Retirement Visa
Some requirements must be fulfilled to qualify for an Indonesian retirement visa.
- First, you must be at least 55 years old.
- Second, you must provide proof of your financial stability, which requires showing that you have a set monthly income or pension.
- This is to make sure you have enough money to sustain yourself while you are here.
- In addition, you need to show documentation of your housing, like a rental agreement, and health insurance.
Application Process – Step-by-Step
It is easy to apply for a retirement visa for Indonesia, but you need to plan.
- First, you must collect the required paperwork, including your health insurance data, proof of income, and passport.
- Then, as the procedure must be completed through an official sponsor, you must apply through a qualified visa agent.
- The processing of your application often takes a few weeks after it is filed.
Visa Duration and Renewal Process
- The Indonesian retirement visa is good for a full year.
- The good news is that you can stay in Indonesia for as long as you want because it can be renewed annually.
- If they continue to meet the financial and physical standards, many retirees have little trouble renewing their visas.
Read: How Long Does It Take to Get a Work Visa for Indonesia?
Benefits of Holding an Indonesian Retirement Visa
The retirement visa for Indonesia has some benefits.
- Firstly, it saves you the trouble of constantly renewing temporary visas, allowing you to stay in Indonesia for an extended period.
- You can register bank accounts, rent or lease real estate, and engage domestic help.
Restrictions and Limitations
The retirement visa has several restrictions in addition to its many advantages.
- If you have a retirement visa, you are not allowed to work or operate a business in Indonesia.
- For help with your application and renewals, you will also require an official sponsor, typically your visa agent.
- Also, foreigners are still not allowed to own land in Indonesia, even though they are able to lease it.
Cost of Living in Indonesia
The cheap cost of living in Indonesia is one of the primary factors influencing people’s retirement decisions.
Everything is more affordable, including housing and groceries than in Western countries.
Your money will go considerably further in Indonesia, regardless of whether you choose to rent a house in a city or close to the beach.
Additionally, healthcare is cheap, and a lot of retirees are content to live simply without compromising their quality of life.
Popular Retirement Destinations in Indonesia
There are many stunning retirement communities in Indonesia, each with its own unique lifestyle.
- The popular beach resorts and vibrant expat community of Bali contrast with the more relaxed atmosphere of Lombok.
- For those who like culture and history, Yogyakarta is ideal, while Jakarta provides a big-city experience complete with all the modern amenities.
Bottom Line
You can live in this beautiful country and take advantage of everything it has to offer for many years with its retirement visa for Indonesia.
