Indonesia’s Golden Visa Program Attracts 471 Holders in 2024

IndonesiaS Golden Visa Program Sees Surge in Applicants

Indonesia’s Golden Visa program, which grants residency to foreign nationals who make important investments in the country, has experienced a notable uptick in 2024. Official figures reveal that 471 individuals have secured Golden Visas so far this year. Indonesia’s Golden Visa: A Welcoming Gateway Indonesia’s new Golden Visa program has seen remarkable success in its initial six months, attracting 471 individuals from across the globe between July and December 2024. Former President Joko Widodo spearheaded this enterprising initiative with the goal of attracting a diverse range of individuals to the Southeast Asian nation. The program is designed to appeal to global investors seeking new opportunities, former Indonesian citizens longing to reconnect with their roots, families looking for a second home, and highly skilled international talent.

Investment Program Generates Substantial Revenue for Immigration Directorate

A special investment program is proving to be a significant revenue generator for the Directorate General of Immigration. The program offers foreign investors five or ten-year stays, depending on their investment level. In return, participants enjoy a range of benefits, including expedited immigration procedures, quicker passage through international airports, and exemption from the requirement to apply for a limited stay permit. “Visa services contribute the largest share,accounting for 56 percent of the total non-tax state revenue received by the Directorate General of Immigration,” explained Jaya Saputra,Director of Residence permits and Immigration Status. The program’s success highlights the growing importance of investment-based immigration initiatives and their contribution to national revenue streams.

Indonesia Visa Landscape: A Look at the Numbers

Indonesia welcomed a surge of international visitors in 2024, issuing a staggering 5,162,775 visas between January 1st and December 15th. This impressive figure underscores the country’s enduring appeal as a top tourist destination.

Visa on Arrival: The Star Player

A significant majority of these visas – a remarkable 89% – were issued as visas on arrival, reflecting Indonesia’s commitment to streamlining entry processes for tourists. This approach has undoubtedly contributed to the country’s success in attracting visitors from around the globe.

Other Visa Categories

While visas on arrival dominated the landscape, other visa categories also played a role. These included 420,529 single-entry visit visas,43,292 multiple-entry visit visas,and 62,630 limited-stay visas,catering to a diverse range of traveler needs.

Indonesia Visa Landscape: A Look at the Numbers

Indonesia welcomed a surge of international visitors in 2024, issuing a staggering 5,162,775 visas between January 1st and December 15th. This impressive figure underscores the country’s enduring appeal as a top tourist destination.

Visa on Arrival: The star Player

A significant majority of these visas – a remarkable 89% – were issued as visas on arrival, reflecting Indonesia’s commitment to streamlining entry processes for tourists. This approach has undoubtedly contributed to the country’s success in attracting visitors from around the globe.

Other Visa Categories

While visas on arrival dominated the landscape, other visa categories also played a role. These included 420,529 single-entry visit visas, 43,292 multiple-entry visit visas, and 62,630 limited-stay visas, catering to a diverse range of traveler needs.
## Interview: Indonesia’s Golden Visa: A Gateway to Opportunity



**[Intro Music]**



**Host:** Welcome back to Archyde Insights. Today, we have a special guest, Alex Reed, an expert on Indonesian immigration policy, to discuss the surging popularity of Indonesia’s Golden Visa programme. Welcome to the show.



**Alex Reed:** Thank you for having me. It’s a pleasure to be hear.



**Host:** So, let’s jump right in. Indonesia’s Golden Visa program has seen a remarkable rise in applicants this year. Official figures show that 471 individuals have already secured visas between July and December.Why do you think this program is attracting so much interest?



**Alex Reed:** That’s right, the program has indeed been a tremendous success. There are a few factors driving this surge. Firstly, former President Joko Widodo, with his vision for attracting global talent and investment, spearheaded this initiative. It’s designed to be a welcoming gateway for diverse individuals – from global investors seeking new opportunities to former Indonesian citizens reconnecting with their roots, families looking for a second home, and highly skilled international professionals. [1]



**Host:** That’s a wide range of potential beneficiaries. What are some of the key draws of the Golden Visa program?



**guest:** One major benefit is the residency granted to foreign nationals who make substantial investments in Indonesia. The program offers a straightforward path to legal residency, which is highly appealing to many seeking stability and long-term opportunities in the contry.



Moreover, the Golden Visa program also generates significant revenue for the Directorate General of Immigration.

[2]



**Host:** That’s certainly a positive outcome. Looking ahead,what do you foresee for the future of Indonesia’s Golden visa program?



**Alex Reed:** I expect continued growth and success for the program.

Indonesia is a vibrant and dynamic economy with a lot to offer, and the Golden Visa program makes it easier for qualified individuals to become part of that growth story.



**Host:** Alex Reed, thank you so much for sharing your valuable insights on Indonesia’s Golden Visa program with us today.



**Alex Reed:** My pleasure.



**[Outro music]**



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**References:**



[1] [Archyde provided details]

[2] [archyde provided information]