Indonesia offers Golden Visa to attract foreign investors, experts. Here's what you need to know

Hoping to support its national economy, Indonesia launched the Golden Visa in early September. What do we need to know about this type of visa?

Indonesia has offered Golden Visa to attract foreign investors and boost its national economy. Source: iStockphoto / stocknshares/Getty Images

Indonesia has formalised its Golden Visa regulations in a bid to support its national economy.

The nine types of visa, one of which is the Second-home visa, provides foreigners with residence permits for five to ten years.

Not only referring to the quantity of investment brought by the foreigners, the Golden Visa is also said to prioritise the "quality" factor by opening the door to individuals who have special skills required by the government.

This is what the Immigration Consul at the Indonesian Consulate General in Sydney, Agus Abdul Majid, said about this visa.

LISTEN TO

Indonesia offers Golden Visa to attract foreign investors, experts. Here's what you need to know

SBS Indonesian

27/09/202328:47

Play

Note: The information expressed in this interview is of general nature. This information may not be appropriate for your personal circumstances - contact your migration agent or immigration department for clear advice on your situation.

Listen to SBS Indonesian every Monday, Wednesday, Friday and Sunday at 3pm.

Follow us on Facebook and don't miss our podcasts.