Indonesia, with its warm climate, affordable cost of living, and beautiful landscapes, has become an attractive destination for retirees worldwide. For those looking to settle in this tropical paradise, the Retirement Visa (Residence Visa) provides an opportunity to enjoy long-term residency while complying with local regulations.
Some of the seniors thinking about moving to Bali also need senior services. Hovi Care has a partner to help with retirement visa. Below is a quick How-to-guide on what one needs to know about Retirement Visa in Indonesia.
What is an Indonesian Retirement Visa?
The Retirement Visa is designed for individuals aged 55 years or older who wish to reside in Indonesia for an extended period. Initially granted for one year, this visa can be renewed annually up to five times, after which the holder becomes eligible to apply for a permanent stay permit (KITAP) valid for five years.
Eligibility Requirements
To qualify for an Indonesian Retirement Visa, applicants must meet the following conditions:
- Age Requirement: Must be 55 years or older.
- Financial Stability: Must have a pension income of at least USD 1,500 per month or a sufficient bank deposit to cover living expenses.
- Accommodation: Must purchase (USD 35,000 or more) or rent (minimum USD 500 per month) a residence in a designated tourist area.
- Health and Life Insurance: Must have valid health and life insurance coverage.
- Employment Obligation: Must employ at least two Indonesian citizens (e.g., housekeeper or driver). This requirement is aimed at increasing local employment.
- Restricted Work and Business Activities: Retirement visa holders cannot work or conduct business in Indonesia.
- Sponsorship Requirement: Must be sponsored by a licensed travel agency authorized by Indonesian immigration.
Required Documents
To apply for the Retirement Visa, applicants must submit the following:
- Copy of a passport valid for at least 18 months.
- Proof of pension income or bank statement showing at least IDR 250,000,000 (USD 25,000).
- Health and life insurance certificates.
- Marriage certificate (if a spouse is applying). A spouse under 55 years can still apply if legally married to the applicant.
- Birth certificate (if applying for dependent children).
- Proof of accommodation, either a purchase receipt or rental agreement in a designated tourist area.
- Employment letter confirming the hiring of at least two Indonesian citizens for assistance work.
- Curriculum Vitae (CV).
- Copy of house owner’s ID and IDs of two employed staff.
- Copy of return flight ticket (for visa processing at an Indonesian embassy).
- Ten passport photos (3cm x 4cm, red background).
Visa Processing Inclusions and Exclusions
Included Services:
- TELEX VITAS arrangement from Jakarta immigration (first-time applicants only).
- Processing of KITAS (Limited Stay Permit).
- Sponsorship for one year, including tax (PPN 10%).
- Multiple Re-entry Permit processing.
- STM (Police Report) arrangement.
Excluded Costs:
Applicants should be aware that some costs are not covered in the visa application process, including:
- Application fees at the Indonesian embassy/consulate.
- Airfare and living expenses in Indonesia or Singapore (if needed for visa processing).
- Airport taxes.Exit Permit Only (EPO) fees.
- Document translation costs (for marriage certificates, bank statements, insurance policies, etc.).
- Insurance policy fees (health, life, or liability insurance).
- Any additional costs outside the “included” list.
Why Choose a Retirement Visa in Indonesia?
The Indonesian Retirement Visa offers a hassle-free, long-term stay option with the possibility of obtaining permanent residency (KITAP) after five years. With a low cost of living, high quality of life, and beautiful destinations like Bali, Indonesia is an excellent choice for retirees seeking a relaxed and fulfilling lifestyle.
For further details and assistance with your Retirement Visa application, and the eldercare services Hovi Care can provide, contact us at Hovi Club Teuku Umar.
