Indonesia’s golden visa scheme is strengthening the country’s position as a hub for global investment and talent, offering long-term residency and incentives to those seeking to engage with Southeast Asia’s largest economy.
Indonesia’s golden visa initiative has brought in more than 48 trillion rupiah (around $2.9 billion) in investment, with 1,012 permits issued to foreign nationals as of 23 September according to the Directorate General of Immigration.
Introduced in July 2024, the scheme is designed to attract both investors and skilled professionals by offering residency for five to ten years. Eligible applicants include corporate investors, high-net-worth individuals, global figures, and former Indonesian citizens along with their families.
Golden visa holders gain advantages such as fast-track immigration services, airport priority, and legal certainty for investments and employment.
Foreign companies accounted for the bulk of the inflow with about $2.79 billion, while individual investors contributed around $14.96 million and other categories added roughly $87 million. The program has also delivered close to $774,000 in non-tax state revenue.
Acting Director General of Immigration Yuldi Yusman said the results reflect Indonesia’s rising profile as a destination for international capital and talent. He expressed confidence that the programme will continue to support economic growth and national development.
Georgia has officially begun dredging works for the long-awaited Anaklia Deepwater Port after the arrival of the first dredging vessel, marking a sign...
Iran said on Monday (3 August) it is not negotiating with the U.S. over reopening the Strait of Hormuz, saying current talks with Oman are focused sol...
The Pacific island nation formerly known internationally as Nauru has officially adopted the name Republic of Naoero, restoring the traditional name u...
A tourist aircraft crashed near Peru's UNESCO-listed Nazca Lines on Saturday (1 August), killing all 13 people on board, authorities said.
Iranian Foreign Ministry Spokesperson Esmaeil Baghaei has said Tehran is not currently involved in direct talks with Washington about reopening the Strait of Hormuz. U.S. President Donald Trump said negotiations with Iran were to begin on Monday.
U.S. President Donald Trump said late on Saturday he would hold off on a fresh attack on Iran as long as a deal could be reached quickly to halt Iran's nuclear ambitions and reopen the Strait of Hormuz.
Two firefighting helicopters collided while battling a major wildfire in Greece on Sunday, killing two crew members as emergency services continued efforts to contain fires fuelled by extreme heat and dry conditions across Europe.
French Prime Minister Sebastien Lecornu said wildfires that swept across France were now under control. Authorities warned that risks remained as Greece and Spain continued battling active blazes across parts of Europe.
The Pacific island nation formerly known internationally as Nauru has officially adopted the name Republic of Naoero, restoring the traditional name used by its people in a move to reaffirm the country's cultural identity and heritage.
France’s worst wildfire season since 1949 is stretching emergency services, raising questions about the country’s preparedness and increasing political pressure ahead of the 2027 presidential election.
Police have arrested six people on suspicion of arson as prosecutors investigate dozens of wildfires that have broken out across Türkiye in recent days.
Hungary’s Paks nuclear power plant may continue operating at reduced capacity until Tuesday, temporarily easing pressure on the country’s electricity grid during an intense heatwave.
Myanmar's detained former leader Aung San Suu Kyi met with a representative of the International Committee of the Red Cross on Monday, after years of questions over the health and well-being of the 81-year-old Nobel Peace Prize winner.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment