Indonesia With the introduction of, India has taken an important step towards strengthening its economy. Golden VisaDesigned to attract high-net-worth individuals and skilled professionals, this long-term visa offers holders up to a decade of residency. This initiative is part of Indonesia’s strategy to increase its GDP by securing $101.5 billion in domestic and foreign direct investment by 2024. With this new visa scheme, the island nation hopes to attract quality travelers who will contribute to the economic growth of this sea-bound country!

Indonesia is taking aim at the growing number of foreigners who are taking advantage of tourist visas to set up businesses or travel to popular destinations such as Indonesia, Indonesia, Indonesia, Indonesia, Malaysia … Bali Without making a significant contribution to the local economy. By requiring significant investment in businesses, real estate or government bonds, Indonesia hopes to boost economic growth and create jobs.

How to qualify for Golden Visa?

To qualify for a Golden Visa, applicants can choose from several paths: investing a minimum of $2.5 million to set up a company, depositing at least $350,000 in a state-owned bank, buying a luxury apartment while building up a substantial deposit, or committing significant capital to corporate or government projects. The visa grants holders between five and ten years of residency, as well as potential benefits such as a faster immigration process and easier property ownership.

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With this, Indonesia joins countries such as Cambodia, Thailand, Malaysia and Singapore, which have announced similar visas to boost the local economy and development. The Golden Visa program is a strategic move by Indonesia to enhance its economic competitiveness. By offering a stable political environment, abundant natural resources and now, a streamlined path for foreign investment and skilled immigration, the country is establishing itself as an attractive destination for global businesses and entrepreneurs.

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