Imagine spending your retirement day on a paradise island surrounded by sun, sea, wonderful bird sounds, and white beach sand. It seems like a dream come true. So it’s no surprise that every year, people choose to spend their retirement years in Indonesia. This type of visa only valid for applicants which more than 60 (sixty) years old. However, with this type of visa, dependents or spouses won’t be able to get Family KITAS. This type of KITAS has validity 12 months and can be converted into KITAP (Permanent Residence 5 years).
Requirement Updates to apply for the new 1-year Retirement KITAS
- Retirees can reside in Indonesia for a period of one year using the Retirement KITAS.
- Retirees must engage with a sponsor that acts as their guarantor during their stay in Indonesia.
- Retirees must be above 60 years of age to be eligible for applying for the one-year Retirement KITAS.
- Can provide proof of pension fund minimum of USD 3,000 per month or USD 36,000/year
Requirements to apply for the new 5-year Retirement KITAS
- Retirees can reside in Indonesia for a period of 5 years using the Retirement KITAS.
- Retirees are not required to have a sponsor to apply for the five-year Retirement KITAS, though sponsorship is still necessary for the one-year Retirement KITAS.
- Retirees can still apply for the one-year Retirement KITAS if they choose to.
- Retirees must be above 60 years of age to be eligible for applying for the five-year Retirement KITAS.
- Retirees must comply with the statement of commitment to save funds in an account in their own name at a state-owned
- Bank worth at least US$50,000 (fifty thousand US dollars) or the equivalent which must be fulfilled within a maximum period of 90 (ninety) Days from the date the Limited Stay Permit is granted.
- Can provide proof of pension fund minimum of USD 3,000 per month or USD 36,000/year