Investor KITAS
https://www.peaksolutions.co.id/wp-content/uploads/2023/01/blue-stripes.png

Investor KITAS

WHO IS IT FOR AND WHAT ARE THE BENEFITS?

Before an Investors KITAS can be obtained, the company’s authorized capital should exceed 10 billion rupiah and there should be a minimum of 25% of its authorized capital paid up. For companies that were set up prior to 2009, a lower capital investment is possible. Finally, an investor should first have a minimum value of 1 billion rupiah in personal shares invested in a PMA company and hold a title of either Director or Commissioner.

As an Investor that holds no position in a PMA company, but with personal shares of over IDR 1.125.000.000 (one billion, one hundred and twenty-five thousand rupiah), you will also be eligible to apply for an Investors KITAS, however work is not permitted.

One of the most off-putting things about obtaining a visa in Indonesia is the cost of the work permit particularly for new business owners! However, in 2019 the Indonesian Government relaunched the Investor Visa / Investor KITAS making it significantly easier to obtain, as well as make some huge financial savings.

There are two variations of the Investors KITAS :

  • The 1 year Investor KITAS (Index 313).
  • The 2 year Investors KITAS (Index 314).

The duration granted, whether 1 year or 2 year, is based on the
applicant’s passport validity. With a minimum of 32 months validity,
you will be granted a two year Investors KITAS. If your passport validity
falls below the required minimum duration, then the 1 year Investor
KITAS will be granted. If the applicant is applying for a conversion from
Working KITAS (Index 312) to Investor KITAS (Index 313), then the
process of status change for All KITAS applications are applied to for
with a multiple exit and re-entry permit.

The major benefits of the Investor’s KITAS is the ease of application,
and the waiver of the hefty work permit fee of US$1200 per year. Prior
to this, Investors had to wait months on end, after making their initial
investment, before being allowed to work.

WHY TO GET A KITAS?

First and foremost, without it, you won’t get a work permit and stay longer in Indonesia. Plus there are several additional perks when holding a KITAS. Often you get discounts in restaurants, or attraction parks (mainly in Jakarta or Bali). Hospitals also usually have lower price-lists for KITAS holders.

You need a KITAS to apply for your Indonesian driving license. If you want to enroll your kids into an international school, they also usually check whether the child has a KITAS or not.

In some cases, after holding a KITAS for five years, one could apply for a KITAP which allows you to stay for five years with unlimited extensions.

**The above information is deemed accurate at the time of publication but can change without notice. Please check with your embassy or agent.

INVESTOR KITAS REQUIREMENTS :

  • Passport front page photo.
  • Birth Certificate.
  • Valid Health Insurance.
  • Address in Bali.
  • All scans must be in color.
  • Last stamp visa validity (For onshore).
  • Photo with red background.
  • The minimum passport validity period is 30 months for validity 2 years,
    and 18 months for validity 1 year.
  • Must have at least 4 blank pages on the passport.

COMPANY REQUIREMENTS :

  • Notary Deed.
  • Decree Notary Deed.
  • OSS documents (NIB, Business license, and Location Permit).
  • NPWP (Tax card company).
  • ID card Local Staff Balinese.
  • Username and password Visa online.

Have a question about our Visa services? Then contact the Peak Solutions team for your consultation. WA : +6282130050004 E : [email protected]

Investor KITAS

PT PEAK SOLUTIONS GROUP. JL. Sunset Road No 99 D. Seminyak. Kuta. Badung. Bali

PT PEAK SOLUTIONS GROUP. JL. Sunset Road No 99 D. Seminyak. Kuta. Badung. Bali