
Information, not advice: Golden Visa Indonesia is an independent editorial guide — not the Government of Indonesia, not the Directorate General of Immigration, and not a law firm or licensed adviser. Thresholds are USD-set, IDR-monitored, change by regulation, and apply case-by-case; figures are "last verified June 2026" — confirm at the e-Visa portal (evisa.imigrasi.go.id) and with licensed Indonesian immigration/tax counsel before acting. We never promise approval. If you engage a partner we introduce, that partner may pay us a referral fee at no cost to you.
Corporate golden visa indonesia is the route where a foreign or Indonesian-controlled company invests a defined amount in Indonesia, and in exchange can nominate its foreign directors and commissioners for 5‑ or 10‑year Golden Visas. This page explains, in plain language, how that corporate route works, what counts as investment, who can actually get the visa, and how it differs from the individual PT PMA route.
Definition: What is the Corporate Golden Visa Indonesia Route?
Under Indonesia’s “Golden Visa” framework, a company that invests a large amount in Indonesia can obtain long-stay residence permits (Golden Visas) for its nominated foreign directors and commissioners.
The legal basis is:
- Permenkumham 22/2023 on Immigration Stay Permits (as amended by Permenkumham 11/2024) – defines Golden Visa categories, durations, and general requirements.
- PMK 82/2023 – governs non-tax state revenue from immigration services (official fees).
- Directorate General of Immigration circulars and online tariff tables – operational details and fee schedules.
This page focuses on the corporate investment golden visa indonesia route, where the investor is the company, not an individual shareholder. We distinguish it from the individual PT PMA investor route throughout.
All monetary thresholds and fees below were last verified June 2026 against the regulations and official tariff information. Regulatory references are given where available; items marked [VERIFY] reflect operational practice that may still be evolving after Permenkumham 11/2024.
Headline Numbers: Investment Thresholds & Duration
For the corporate route:
- 5‑year Corporate Golden Visa: minimum USD 25,000,000 corporate investment in Indonesia.
- 10‑year Corporate Golden Visa: minimum USD 50,000,000 corporate investment in Indonesia.
These thresholds are sourced from the Golden Visa corporate investment category as implemented by the Directorate General of Immigration, derived from the framework in Permenkumham 22/2023 (Art. 184–191) and tightened by Permenkumham 11/2024 [VERIFY: specific article breakdown still harmonising with practice].
Indicative IDR values (FX caveat): using a working rate of IDR 16,000 per USD 1 (rounded, for illustration only; FX moves daily):
- USD 25,000,000 ≈ IDR 400,000,000,000 (four hundred billion rupiah).
- USD 50,000,000 ≈ IDR 800,000,000,000 (eight hundred billion rupiah).
Immigration applies the official FX reference (kurs tengah BI or Ministry of Finance reference) at decision time. If your investment is calibrated tightly to the USD minimum, you need a buffer in IDR terms.
Corporate vs Individual PT PMA Golden Visa: Core Differences
Most confusion online comes from mixing the corporate route with the individual PT PMA investor route. The structure, beneficiaries, and thresholds differ.
- Investor (legal “person”)
- Corporate route: The investor is the company (foreign or Indonesian-controlled) that invests at least USD 25m / 50m.
- Individual PT PMA route: The investor is a foreign individual shareholder investing in their own PT PMA (at much lower thresholds).
- Who gets the visa?
- Corporate: Nominated foreign directors and commissioners of that company obtain Golden Visas as “beneficiaries.”
- Individual: The individual investor themselves (and eligible family members) obtain Golden Visas.
- Thresholds (last verified June 2026)
- Corporate: USD 25m (5‑year) / USD 50m (10‑year) corporate investment.
- Individual PT PMA: Lower, tiered by investment in company shares/paid-up capital; see our separate PT PMA investor page for current brackets.
- Evidence of investment
- Corporate: Company-level investment proof (BKPM/OSS data, capitalisation, business assets, potentially audited statements).
- Individual: Share subscription, paid-in capital, and company documentation showing individual’s ownership and role.
- Who controls nominations?
- Corporate: The company (via authorised signatory/BoD) issues nomination letters for directors/commissioners.
- Individual: The investor applies for themselves; company “approves” only as corporate sponsor.
Both are under the same Golden Visa framework, but the risk and compliance logic differ: corporate route leans on corporate presence and contribution, individual route leans on the person’s capital and track record.
How the Corporate Route Works: Structural Overview
1. The Corporate Investor
The “investor” for this route is the legal entity itself. In practice, this is typically:
- A foreign parent company investing directly or via a local PT PMA subsidiary.
- A PT PMA in Indonesia that has already reached the USD 25m/50m investment level.
- In some cases [VERIFY ongoing practice], a group structure where aggregate investment is recognised through a flagship entity.
Key point: The company must have traceable, documented investment in Indonesia at or above the threshold, in line with its business licence/KBLI and BKPM (now BKPM–OSS) filings.
2. Investment That “Counts”
Immigration does not operate alone; for indonesia corporate investor golden visa applications, they rely heavily on:
- BKPM/OSS data – Planned and realised investment (PMA reporting).
- Company documents – Deed of establishment/amendment, capital statements, shareholder registers.
- Financial evidence – Bank statements, audited financials, proof of asset acquisitions and project execution [VERIFY on depth of current practice post‑11/2024].
Broad categories of investment that typically form the basis of the threshold:
- Equity capital injected into a PT PMA (paid-up capital recorded in deed and OSS).
- Long-term project investment – e.g., manufacturing plant, data centre, logistics hub, energy facilities.
- Acquisition of Indonesian entities/assets that qualify as FDI and are reflected in BKPM reports.
What usually does not count in full:
- Short-term portfolio investments in listed shares or bonds with no operational footprint.
- Purely intra-group loans without capitalisation or asset backing.
- “Paper” capital that is not actually paid up (modal disetor vs modal dasar matters).
Permenkumham 22/2023 and 11/2024 do not spell out a line-by-line accounting rule; implementation relies on coordination with investment authorities and internal Immigration guidelines [VERIFY internal SOP, not public]. We treat every investment number as subject to documentable proof, not just promises in a business plan.
3. Beneficiaries: Directors & Commissioners
The corporate Golden Visa is not for every employee. Beneficiaries are limited to certain corporate officeholders, in line with Permenkumham’s focus on “executive or strategic roles” [phrase derived from Art. 184–185 structure]:
- Directors (Direktur) of the investing company (or designated subsidiary, depending on structure).
- Commissioners (Komisaris), including President Commissioner, where appointed.
How many people?
- There is no explicit public cap per USD tier in the core regulations as of last verified June 2026. However, operational guidance tends to link the number of eligible nominees to:
- The scale of investment; and
- The formal organisational structure as per deed, company registry, and corporate approvals.
- We have seen practice where a limited number of director/commissioner seats are accepted as Golden Visa nominees per corporate investor. [VERIFY: exact quota is operational, not in Permenkumham/PMK text].
Immigration will expect alignment between the legal positions in your company documents and the individuals applying. “Advisors” or informal roles are unlikely to qualify.
Eligibility: Company & Individual Level
Company-Level Eligibility
At a minimum, the corporate investor must be able to show:
- Investment threshold met:
- USD 25m → for 5‑year director/commissioner Golden Visas.
- USD 50m → for 10‑year director/commissioner Golden Visas.
- Legal incorporation in its jurisdiction, and if using PT PMA, proper establishment and licensing in Indonesia.
- Traceable beneficial ownership (UBO information increasingly important for AML/CTF compliance).
- Clear business activity in line with Indonesia’s Positive Investment List and sectoral rules.
- Compliance history – no major unresolved sanctions or violations in Indonesia.
Immigration may coordinate with BKPM/OSS and other agencies to validate the company’s actual footprint and compliance.
Individual Eligibility (Directors/Commissioners)
Each nominated director/commissioner still goes through personal eligibility checks. Golden Visa is not automatic even if the company invests enough.
Common personal requirements (drawn from Permenkumham 22/2023 general provisions and Immigration practice, last verified June 2026):
- Valid passport with sufficient validity (typically > 30 months for 5‑year, > 60 months for 10‑year; [VERIFY current operational rule]).
- Clean immigration record in Indonesia (no deportation/blacklist).
- Clean criminal record from country of origin/domicile (SKCK or equivalent police clearance), translated and legalised/apostilled as required.
- Health insurance covering stay in Indonesia.
- Proof of position as director/commissioner (deed, shareholder resolutions, corporate appointment letters).
Family members (spouse, children) can usually apply for dependent Golden Visas once the principal director/commissioner’s Golden Visa is approved, using the family provisions under the same regulatory framework. These have their own documentation requirements and fees.
Costs: Official Fees & Service Ranges
Government Fees (PMK 82/2023)
PMK 82/2023 sets the broad tariff categories for immigration services. The exact Golden Visa tariff lines were detailed in Directorate General of Immigration announcements following the launch of the program and have been subject to refinement through 2024–2025 [VERIFY: tariff code updates after Permenkumham 11/2024].
As of last verified June 2026, public guidance for Golden Visa visa-on-approval plus ITAS issuance indicates:
- 5‑year Golden Visa (per person): typical total government charges in the range of USD 2,500–3,000 equivalent, inclusive of visa approval and stay permit issuance components.
- 10‑year Golden Visa (per person): typical total government charges in the range of USD 5,000–6,000 equivalent.
Important:
- These are indicative ranges based on published tariff bands and observed practice, not a fixed quote from Immigration. Exact IDR tariffs are set in PMK 82/2023 and later adjustments, applied at the prevailing BI reference rate at payment time.
- Direct fees are paid in IDR to the state; values in USD here are approximations only.
Professional & Structuring Costs
Most corporate applicants will also incur:
- Legal and corporate structuring fees (Indonesia and home jurisdiction), especially if the corporate investment needs to be reorganised or documented more clearly.
- Notary, translation, and legalisation/apostille costs.
- Tax and transfer pricing advisory (particularly for large intra-group investments).
- Immigration handling fees if using a licensed immigration consultant or law firm.
For a realistic planning baseline (last verified June 2026, based on market ranges we monitor), corporations should budget USD 5,000–10,000+ per Golden Visa beneficiary in non-government professional costs for a straightforward case, and more if group structure, investment trail, or tax positions are complex. These are market ranges, not our own fee schedule and not binding quotes.
We do not sell visas or promise approvals. We publish information and, where requested, can point you to vetted partners. If you proceed with a partner we introduce, they may pay us a referral fee at no extra cost to you; no one can pay to change what we publish.
Process: Step-by-Step Corporate Golden Visa Flow
Step 1 – Internal Eligibility Audit
Typical internal questions before you even talk to Immigration:
- Does the group have at least USD 25m/50m in realised, documentable investment in Indonesia?
- Which entity (or entities) will act as the investor-of-record?
- Which directors/commissioners do you want to nominate, and are their appointments already formalised?
- Are there any ongoing disputes or compliance issues in Indonesia that could complicate approval?
At this stage most corporates will involve internal legal, finance, and tax, and optionally an Indonesian counsel or immigration specialist.
Step 2 – Evidence Preparation
You then build a file that can withstand scrutiny. Document sets commonly include:
- Corporate documents:
- Articles of association and amendments.
- Deeds of establishment/amendment (for PT PMA).
- Shareholder registers and UBO declarations.
- Investment evidence:
- BKPM/OSS filings showing committed and realised investment.
- Bank transfer evidence of capital injections.
- Purchase contracts or construction contracts for major projects.
- Latest audited financial statements (where available).
- Nominee documentation:
- Board/shareholder resolutions appointing directors/commissioners.
- Nomination letters from the company to Immigration.
- Passports, police clearances, CVs of nominees.
Translations into Bahasa Indonesia and legalisation/apostille steps add time; build them into your timeline.
Step 3 – Application Filing
The application is typically filed through:
- The online immigration system (if available for the specific Golden Visa category) or;
- Through a local authorised representative with direct liaison to the Directorate General of Immigration.
At this point Immigration assesses:
- The corporate investment meets threshold and policy objectives.
- The nominees meet personal eligibility and risk checks.
- Any cross-agency feedback (e.g., from BKPM or law enforcement databases).
Processing times vary widely by case complexity and background checks. We do not publish fixed timelines because they are not guaranteed and can change without notice.
Step 4 – Visa Issuance & ITAS Activation
Once approved, the process normally includes:
- Payment of official Golden Visa fees (in IDR).
- Issuance of the visa or e‑visa/e‑ITAS documentation for entry.
- Entry into Indonesia using the Golden Visa approval.
- Biometrics and finalisation of the 5‑ or 10‑year ITAS (limited stay permit) that underpins the Golden Visa status.
Directors/commissioners then hold a long-term stay permit based on the corporate investment, subject to ongoing compliance (see below on revocation risk).
If you want a structured walk-through of the process with your own fact pattern, you can plan your trip (and your application) with us; our team coordinates via email and WhatsApp with vetted immigration partners.
Ongoing Obligations & Risks
Corporate Obligations
Golden Visa is not a “once and forget” instrument. The corporate investor is expected to:
- Maintain the qualifying investment at or above the threshold over time, subject to reasonable business cycles.
- Maintain legal operations and licensing in Indonesia.
- Comply with tax, labour, and sectoral regulations.
Permenkumham 22/2023 and 11/2024 provide Immigration with revocation powers if key conditions change or serious violations occur (e.g., Art. on revocation/suspension of stay permits) [specific article numbers to be interpreted with legal counsel]. If investment is withdrawn or operations are abandoned, Golden Visas tied to that corporate investor may be at risk.
Individual Obligations
Directors/commissioners holding Golden Visas must:
- Keep their passports valid and update Immigration if replaced.
- Observe Indonesian immigration, labour, and general laws.
- Update Immigration on changes in corporate role (e.g., if they cease to be director/commissioner).
If a beneficiary leaves the company or is removed from the board, Immigration can review their Golden Visa status. Replacement nominations are not automatic and may require a fresh application.
Tax Considerations for Corporate Golden Visa Holders
Golden Visa status does not by itself define your Indonesian tax residence or the taxation of the corporate investor, but it increases the probability of tax residence questions.
Individual Tax Residence
Under Indonesian income tax law (UU PPh, not the Golden Visa regulations):
- An individual becomes a tax resident if they:
- Stay in Indonesia > 183 days in any 12‑month period, or
- Are present in Indonesia and intend to reside here.
Directors/commissioners on 5‑ or 10‑year Golden Visas who physically spend substantial time in Indonesia will often be regarded as Indonesian tax residents. This can bring:
- Reporting obligations on worldwide income (subject to tax treaties and foreign tax credits).
- Potential withholding and employment tax issues if they receive Indonesian-source remuneration.
No Golden Visa provision overrides tax law. You should obtain specialist tax advice in both Indonesia and your home jurisdiction; we provide information, not tax advice.
Corporate Tax Position
The corporate investor’s tax exposure depends on:
- Where it is resident for tax purposes.
- The nature of its Indonesian presence (permanent establishment/PE, PT PMA, representative office, etc.).
- Transfer pricing, intra-group financing, and treaty positions.
Large investments at the USD 25–50m level almost always justify a dedicated Indonesian tax and transfer pricing review. Immigration approval does not confirm or protect any tax structure.
Who Is the Corporate Golden Visa Route For?
Based on the thresholds and documentation burden, the corporate route is generally realistic for:
- Multinational groups with major Indonesian manufacturing, infrastructure, digital, or resources projects.
- Regional headquarters using Indonesia as a key base, with large capex or acquisitions.
- Institutional investors (funds, sovereign/strategic investors) with long-term Indonesian portfolios that qualify as FDI.
For entrepreneurs or smaller company owners looking for Golden Visa Indonesia for company owners at capital levels in the low millions (or less), the individual PT PMA investor route is usually the appropriate path, not the corporate USD 25m/50m tier.
Independence & How We Work
Golden Visa Indonesia (goldenvisaindonesia.com) is an independent information publisher. We are:
- Not a government agency.
- Not the Directorate General of Immigration.
- Not a law firm and do not provide legal advice.
We read the immigration-investment framework from the primary texts up – Permenkumham 22/2023, Permenkumham 11/2024, PMK 82/2023, and Directorate General of Immigration releases – and we date-stamp every threshold. Figures we cannot verify are either not published or clearly flagged as [VERIFY].
If you ask us to connect you to an implementation partner (immigration consultant, law firm, or corporate services provider), we introduce only vetted firms. No one can pay to change what we publish; if you proceed with our partner they may pay us a referral fee at no extra cost to you.
For a tailored walk-through of your corporate structure, investment, and potential Golden Visa strategy, you can plan your trip with us – we coordinate next steps over email and WhatsApp with you and, if you choose, with your professional advisors.
FAQs: Corporate Golden Visa Indonesia – Director & Commissioner Route
How does the corporate Golden Visa Indonesia route work in practice?
A company that has invested at least USD 25m (for 5‑year) or USD 50m (for 10‑year) in Indonesia documents that investment through BKPM/OSS filings, financial and corporate records. It then nominates eligible foreign directors and commissioners. Immigration reviews the company’s investment and compliance profile and the individuals’ personal eligibility. If approved, those directors/commissioners receive 5‑ or 10‑year Golden Visas (long-stay ITAS) tied to that corporate investment.
Who actually gets the Golden Visa – the company or the people?
The company is the “investor” for eligibility purposes, but the visa itself is issued to individuals – specifically nominated foreign directors and commissioners. The company does not receive a visa; it receives the ability to nominate executive-level people for long-term residence permits, so long as its investment and compliance conditions remain satisfied.
What types of corporate investment count toward the USD 25m/50m thresholds?
Broadly, Immigration looks for substantial, traceable foreign direct investment: paid-up equity in PT PMA entities, acquisitions and project investments recorded with BKPM/OSS, and related capital expenditure shown in contracts and financial statements. Short-term portfolio holdings, undeployed commitments, or non-paid “paper” capital usually do not qualify in full. Exact treatment depends on documentable evidence and inter-agency checks, which is why large applicants typically align investment reporting, accounting, and licensing carefully before filing.
Can a small business owner use the corporate route instead of the individual PT PMA route?
Realistically, no, unless their company has already invested at or above USD 25m in Indonesia. The corporate route is designed for major institutional or multinational investors. Smaller company owners usually fall into the individual PT PMA investor categories, which have lower thresholds and different mechanics. Mixing up the two routes is a common source of confusion on generic “consultancy” pages.
Does holding a corporate Golden Visa make me an Indonesian tax resident automatically?
No. Tax residence is determined by Indonesian tax law, mainly based on days of presence (over 183 days in any 12‑month period) or the intention to reside, not by visa label alone. However, a 5‑ or 10‑year Golden Visa makes it easier to spend enough time in Indonesia to become a tax resident, and directors/commissioners often do so. That is why we strongly recommend separate, specialised tax advice in Indonesia and in your home jurisdiction before you rely on a corporate Golden Visa as part of any long-term plan.