If you are a foreign business person who needs to spend lengthy periods in Indonesia, you will be only too familiar with that country’s archaic and overly bureaucratic visa system. However, you can now apply for an Indonesian Permanent Residence Permit through 2ndPassports.com, which will grant you the right to live and work in Indonesia for up to 25 years!
2ndPassports.com are second citizenship specialists who provide high net worth individuals with second citizenship and a brand-new passport to a country other than their own for the purposes of economy, liberty or both. European countries like Austria, Belgium, Greece and Hungary as well as Caribbean nations like Antigua and Barbuda, Dominica, Grenada and St. Kitts and Nevis have Citizenship by Investment (CBI) programs. A CBI program grants an individual the opportunity to make a financial investment into a chosen country – normally via a real estate or business purchase – and in return receive that country’s citizenship and passport.
Indonesia as of yet does not have the CBI program, however access to an Indonesian Permanent Residence Permit would be almost as beneficial for business people from Singapore, Malaysia, China, Australia, and Japan who are hoping for a long-term economic commitment with that country.
The Republic of Indonesia is a vast, sprawling country with a mainland located in Southeast Asia, plus island territories in Oceania. Until its independence in 1945 it was known as the Dutch East Indies. Despite a total land mass of just short of 2,000,000 km², Indonesia is only the 14th largest country in the world, and is geographically smaller than Kazakhstan, Argentina and Mexico. However its population of 240 million is the fourth-largest on the planet, and is only surpassed by China, India and the United States.
Indonesia’s capital and largest city is Jakarta with a population of 9.6 million. However many Westerners are more familiar with Bali, a provincial island paradise located in the Indian Ocean which is extremely popular among Japanese, Chinese and Australian tourists. Indeed, Bali is the no.1 foreign holiday destination among those countries.
Aside from Bali, Indonesia is a breathtaking country, steeped in history and tradition, with jaw-dropping natural scenery and ancient architecture that dates back to the 9th century.
Indonesia is one of the major emerging market economies in the world, the eighth largest in terms of GDP (Gross Domestic Product), and annually vies for second place with India behind China in the G-20 list. With a workforce of almost 120 million people, Indonesia’s major industries are manufacturing, agriculture, livestock and fishery, and they are major producers of petroleum, natural gas, textiles, cement and fertilizer.
Indonesia And The ASEAN Economic Community
Economically Indonesia is something of a sleeping giant that is finally waking up. An underachiever in comparison to Asian neighbors like Japan, South Korea and in the last couple of decades, China, Indonesia is now taking massive steps toward bringing their economy into the 21st century by becoming the largest component of the ASEAN Economic Community.
ASEAN is the abbreviation for the Association of South East Asian Nations, an economic community of ten member states which are Brunei Darussalam, Cambodia, Indonesia, Lao PDR, Malaysia, Myanmar, Philippines, Singapore, Thailand, and Viet Nam. Originally scheduled to begin operating in 2020, such has been the keenness for the countries involved to start trading with each other and the rest of the world, the inauguration was brought forward by five years and came into effect in late 2015. With a combined population of some 625 million people, ASEAN is surely capable of becoming the world’s fourth economic and industrial powerhouse, behind the USA, China and Europe.
How To Get An Indonesia Permanent Residence Permit
People who are used to living or doing business in Indonesia are fully aware of the limitations of the country’s visa system, which are:
- Tourist Visa – valid for 30 days (or 60 days if arranged in selected countries within Asia)
- Business Visa – valid for 60 days (or 12 months for a multiple-entry business visa)
- Employment Visa – valid for one year and must be sponsored by an Indonesian-based company
- Social-Cultural Visa – valid for 60 days and can be extended monthly to a maximum of six months. Visas must be sponsored by an Indonesian citizen
- Family/Dependent Visa
- Retirement Visa – valid for one year and can be extended each year for up to five years
Far more practical for anyone wishing to spend any length of time in Indonesia is a Permanent Residence Permit. Here are the two most commonly issued permits:
- Temporary Residency Permit (ITAS) – This is the most popular permit among foreigners who wish to live and work in Indonesia. The holder can live in the country for up to two years before renewal, and this permit can be renewed three times for a total of six years of legal residency.
- Permanent Residency Permit (ITAP) – Normally this permit can only be acquired by an individual who has held a temporary resident permit for five years. It allows the holder the right to live and work for up to five years before renewal, and can be renewed five times for a total of 25 years. Although traditionally the ITAP permit is reserved for foreigners who have married native Indonesians, the Indonesian government is now allowing their use for a select group of foreign investors. However, access to these permits remains difficult, and the application process can be complex, and that is why the use of an expert intermediator like 2ndPassports.com is essential.
If you are interested in obtaining an Indonesian Permanent Residence Permit and would like to know more about the application process, the time involved and what it will cost, feel free to contact 2ndPassports.com today. You will find all of our contact details on our homepage. Feel free to email us or contact us by WhatsApp or Telegram for more information or a quote. If you prefer, you can phone or Skype us and speak directly to one of our expert representatives.
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