Description
from the advantages of this visa Working Permits are no longer necessary for Investor KITAS holders – reducing the Visa outlay by US$100 per month/$1200 per year.
Who can apply for a KITAS investor visa?
Before obtaining a KITAS investor visa, the company’s authorized capital must exceed IDR 10 billion and there must be a minimum of 25% of the authorized capital paid up. As for companies established before 2009, it is possible to invest less capital.
Finally, the investor must first have a value of at least one billion rupees in personal equity invested in the PMA and hold the title of director or delegate.
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.
What documents do you need to get a KITAS investor visa?
Required documents include:
- Company Regulation (SK)
- Commercial Record (AKTA)
- Company Permit (NIB)
- Work Permit (IZIN USAHA)
- Tax Card (NPWP)
- Location Permit (IZIN LOKASI)
For more information about this visa, click here!
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