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Investor residence permit in Indonesia

Residence permit (type E23) to work in Indonesia.

Two main types of residence permits for investors in Indonesia

💼 E28A: Shareholder of a company in Indonesia:

  • Own shares in an Indonesian company for at least Rp. 10 billion
  • Carry out activities related to your business or setting up a company
  • Be a director or a commissioner of the company your residence permit is for.
  • Bring family members.
  • Travel to and from Indonesia as long as your re-entry permit is valid

🏦 E28C: Investor in bonds or public companies

  • Purchase public equities for at least US$350,000 (5-year validity) or $700,000 (10 years)
  • Be a board member in companies not related to your residence permit.
  • Bring family members.
  • You are not allowed to be employed in Indonesia.

If you own less than Rp. 10 billion shares, you should get a residence permit for working as a director or commissioner instead. This also requires you to pay an additional fee for IMTA US$1,200/year.

There is additionally a residence permit E28B, but since it requires one to own shares for at least US$2.5-5 million (5/10 years), it is very rarely used by foreign investors.

Documents required for an investor residence permit

  • Passport valid for at least 18 months.
  • Curriculum Vitae (CV).
  • Health insurance.
  • Proof of accommodation in Indonesia.
  • Police Clearance Certificate from the country of origin.
  • Financial proof (bank statements).
  • Share/equity ownership evidence (depending on the type of residence permit).
  • Company establishment decree (E28A).
  • Company account statement (E28A).
  • Desita Lestari Emerhub Indonesia

    Desita Lestari

    Desita Lestari serves as Account Executive at Emerhub Jakarta.

  • Fredrika Martha Emerhub Bali

    Fredrika Martha

    Fredrica Martha is a Senior Account Manager at Emerhub in Bali.