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.
Indonesia golden visa minimum investment today starts from USD 350,000 (or equivalent) for a five‑year stay, based on Permenkumham 22/2023 as amended by Permenkumham 11/2024 and PMK 82/2023. That is the lowest golden visa Indonesia tier for investors who put funds into an Indonesian company (their own or another).
This page walks through the actual thresholds, how “cheapest Indonesia golden visa” is defined in law, what is and is not an “investment” for this purpose, and where consultancy marketing often blurs the picture.
All thresholds below are date‑stamped and regulation‑sourced as of 15 June 2026. If you are reading this later, treat every number as needing fresh confirmation. Figures marked [VERIFY] are pending clarification or practice guidance from Indonesia’s Ministry of Law and Human Rights (Kemenkumham), Ministry of Finance, or the Directorate General of Immigration (DGI).
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## What counts as the “minimum investment” for Indonesia’s Golden Visa?
For policy purposes, the **Indonesia Golden Visa** is a long‑term limited stay permit (5 or 10 years) issued under **Permenkumham 22/2023** on “Visa and Stay Permit” as amended by **Permenkumham 11/2024**, targeted at:
– Foreign investors / owners of Indonesian companies
– Foreign directors and commissioners of qualifying companies
– Individual investors in Indonesian state securities (“surat berharga negara”)
– Foreigners with international reputations in science, technology, economics, etc. (non‑investment “talent” track)
“Investment” in this context means:
1. **Equity in an Indonesian company** (including your own PMA / PT); or
2. **Ownership of eligible Indonesian government securities**, held for a minimum lock‑up.
It **does not** include:
– Buying residential property alone
– Holding cash on deposit in an Indonesian bank (unless structured under a specific state‑securities scheme)
– Donation to charity or social projects, unless explicitly regulated later [VERIFY]
The **lowest golden visa Indonesia investment tier** is currently the **USD 350,000** company‑investment path for a 5‑year visa.
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## Indonesia Golden Visa minimum investment tiers (by path)
Below is a distilled view of the main investment thresholds that exist in regulation. This table is intentionally stripped down to “atomic facts”: amount, type, duration, source.
All amounts are **minimum investments**, not including government fees, tax, or service fees.
| Path | Stay Length | Minimum Investment | Investment Type | Source Regulation | Last Verified |
|---|---|---|---|---|---|
| Investor — own Indonesian company | 5 years | USD 350,000 | Equity in PT PMA / PT | Permenkumham 22/2023, as amended by 11/2024; PMK 82/2023 | 15 Jun 2026 |
| Investor — own Indonesian company | 10 years | USD 700,000 | Equity in PT PMA / PT | Permenkumham 22/2023, as amended; PMK 82/2023 | 15 Jun 2026 |
| Investor — invest in another Indonesian company | 5 years | USD 350,000 | Equity in existing PT PMA / PT | Permenkumham 22/2023, as amended; PMK 82/2023 | 15 Jun 2026 |
| Investor — invest in another Indonesian company | 10 years | USD 700,000 | Equity in existing PT PMA / PT | Permenkumham 22/2023, as amended; PMK 82/2023 | 15 Jun 2026 |
| Individual — Indonesian state securities | 5 years | USD 350,000 equivalent | Government bonds / SBSN etc. | PMK 82/2023; DGI circulars | 15 Jun 2026 [VERIFY detail] |
| Individual — Indonesian state securities | 10 years | USD 700,000 equivalent | Government bonds / SBSN etc. | PMK 82/2023; DGI circulars | 15 Jun 2026 [VERIFY detail] |
| Director / Commissioner — Indonesian company | 5 years | USD 350,000 company investment (not personal) | Company capitalisation threshold | Permenkumham 22/2023, as amended; implementing guidelines | 15 Jun 2026 [VERIFY per-sector] |
| Director / Commissioner — Indonesian company | 10 years | USD 700,000 company investment (not personal) | Company capitalisation threshold | Permenkumham 22/2023, as amended; implementing guidelines | 15 Jun 2026 [VERIFY per-sector] |
The **cheapest Indonesia Golden Visa** across all investment tracks is therefore:
– **USD 350,000** into an Indonesian company (or state securities) for a **5‑year** Golden Visa.
There is **no legal golden visa tier below USD 350,000** as of 15 June 2026.
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## The USD 350,000 tier: what you actually have to do
Marketing frequently references “USD 350k Golden Visa” without explaining what has to exist legally behind that number. Under **Permenkumham 22/2023** (as amended) and **PMK 82/2023**, there are three main ways to hit that floor.
### 1. Invest USD 350,000 in your own Indonesian company
Target profile: foreign founders who want both **ownership** and **residency** via a PT PMA or locally owned PT allowed to have foreign shareholders.
Key steps in practice:
– **Set up or capitalise** a qualifying Indonesian company
– Paid‑in capital and business classification must match BKPM/OOSS requirements for foreign shareholding
– Many service providers still talk in terms of “IDR 10 billion PMA capital”; in Golden Visa context, compliance is stricter — the **actual USD 350,000** must be injected and documented, not just stated on paper
– **Make the investment**
– Transfer funds into Indonesia following BI (Bank Indonesia) foreign capital inflow rules
– Ensure capitalisation is properly documented in the notarial deed, company registry, and bank statements
– Immigration and MoF may request proof that the capital is truly at risk in the business, not circularly funded
– **Apply for the Golden Visa**
– Sponsorship will typically be your own company
– You apply under the investor category; Immigration will verify that your shareholding and capital meet the threshold
Risk area:
– “Window dressing” capital (funds in, then out quickly) can put your permit at risk. The regulations require maintaining the investment level during your stay; monitoring and sanctions are still being standardised [VERIFY], but do not assume there is no audit.
### 2. Invest USD 350,000 into an existing Indonesian company
Target profile: portfolio investors or strategic investors who do not want to manage their own PT PMA.
You:
– Buy equity (new issuance or secondary shares) in a company that:
– Meets capitalisation and business sector rules
– Is acceptable to Immigration as a Golden Visa qualifying entity
You will need:
– Legal documentation of share purchase
– Corporate approvals and updates in the OSS / company registry
– Clear KYC/AML trail for your funds
While **Permenkumham 22/2023** does not list a “white list” of companies, in practice Immigration may be more comfortable with:
– Listed companies
– Companies with clear tax and compliance track records
– Sectors not on negative or restricted lists
This path can be the **lowest golden visa Indonesia friction** route if you find a good counterpart, but it adds **commercial counterparty risk** to your immigration plan. You are not just buying a visa; you are buying into a business.
### 3. Buy Indonesian state securities worth USD 350,000 equivalent
Target profile: investors who:
– Prefer **debt exposure to the government** rather than equity in a company
– Want a clearer exit route (selling bonds later, subject to lock‑up and market liquidity)
Under **PMK 82/2023**, the government outlines investment‑based visa categories involving:
– **Government bonds / Surat Berharga Negara (SBN)**
– **Sharia government securities (SBSN)**
– Possible other instruments designated as state securities
Key characteristics, as far as publicly released:
– **Minimum nominal value**: equivalent of **USD 350,000** for 5‑year, **USD 700,000** for 10‑year
– **Currency**: IDR, USD, or other currencies as offered in each issuance; Immigration converts to USD benchmark for threshold testing
– **Lock‑up period**: you must hold the securities for a minimum period; early sale can trigger revocation of the Golden Visa [VERIFY exact lock‑up lengths, which may differ by instrument]
As of 15 June 2026, the **technical implementation (onboarding via designated banks, proof of holding, etc.) is still evolving**. Treat any exact product description from a non‑bank intermediary as marketing, not regulation.
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## Government fees and “real” cost beyond the minimum investment
The **minimum investment** is only one part of the outlay. You also need to budget for:
– Government visa and stay‑permit fees
– Company establishment / legal costs (if using the “own company” route)
– Ongoing company compliance or custody fees (for state securities)
– Professional fees for handling the process
### 1. Immigration government fees
Government fees are set in Rupiah and periodically adjusted. Below is a **range** derived from official fee schedules and recent practice. Treat every figure as a working estimate and check again at the time of application.
– **Golden Visa issuance (5‑year)**: approx. **IDR 20–30 million** per person, excluding biometrics and IT services [VERIFY against latest PP on PNBP Immigration]
– **Golden Visa issuance (10‑year)**: approx. **IDR 35–45 million** per person [VERIFY]
– **Multiple‑entry visa facility fees**: embedded in the Golden Visa package — you do not apply separately for a standard multiple‑entry visa
– **Change of status / conversion**, if applying onshore: additional administrative charges apply [VERIFY in latest DGI circular]
These are **government‑only** costs. They do not include tax or any consultant / legal fees.
### 2. Company setup / legal costs (for PT PMA route)
If you choose the “invest in your own company” path, you face:
– **Notary and legal drafting** (articles of association, capital increase): highly variable
– **BKPM / OSS licensing** and sectoral permits
– **Accounting and tax registration**
Market ranges (not regulation) for full PT PMA setup with Golden Visa‑ready capitalisation often land in the **IDR 60–200 million** band, last observed in public and private quotes as of June 2026. This is highly provider‑specific and must be treated as **indicative only**.
We do not publish per‑provider price lists. For up‑to‑date, tailored quotes from vetted firms, you can plan your trip with our team via email or WhatsApp; no one can pay to change what we publish, but if you proceed with our partner they may pay us a referral fee at no extra cost to you.
### 3. Custody / bank fees (for state securities path)
If you invest via Indonesian government bonds:
– You typically incur **bank or securities company custody fees**
– For non‑resident holdings, some banks charge **percentage‑based annual fees** or **minimum fixed amounts**
These charges are contractual, not regulated at a single rate. As of June 2026 we see **annual custody fees** in the broad region of **0.10–0.25% of assets** at several regional banks [VERIFY]. Confirm directly with the bank that will hold your securities.
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## Who is actually eligible for the lowest investment tier?
“Can I just put in USD 350,000 and get a Golden Visa?” is the wrong question. The regulations ask first: **what role do you have in Indonesia’s economy?**
### 1. Investor category (USD 350,000 / USD 700,000)
You must:
– Be an **individual foreign citizen**
– Make the qualifying investment in:
– Your own Indonesian company; or
– Another Indonesian company; or
– Indonesian state securities (if using the bonds path)
And:
– Pass **background checks** (no serious criminal record, not on watchlist)
– Show **clean funds** source (anti‑money laundering requirements)
– Accept that Immigration may review **tax residency, economic impact, and activity consistency** over time
Importantly, the regulation does **not guarantee approval** just because you meet the amount. The visa remains a discretionary public law act.
### 2. Director / Commissioner category
If you are a **director or commissioner** of a qualifying company:
– The company itself must meet the **USD 350,000 / 700,000 investment threshold**
– You personally may not need to invest that full amount, but:
– Your role must be genuine
– Your remuneration and duties should match your title (to avoid being seen as a nominal “visa director”)
Regulation expects **real economic contribution** — management, supervision, or strategic direction — not just a name on the board.
### 3. Non‑investment “talent” categories
Permenkumham 22/2023 and 11/2024 also create Golden Visa tracks for individuals with an “international reputation” in science, technology, economics, and other fields.
These tracks:
– May require **lower financial commitments**
– Are assessed on **achievement, awards, patents, or global rankings** more than capital invested
Because they are **not purely investment‑based**, we do not treat them as part of the “Indonesia Golden Visa minimum investment” discussion here. If your profile is Nobel‑level, Fortune‑500‑CEO level, or similar, the relevant path is bespoke and must be checked case by case.
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## Application flow: how the minimum investment is tested in practice
Here is how Immigration and related ministries usually verify that you meet at least the **cheapest Indonesia Golden Visa** tier.
### Step 1 — Pre‑screen and structure
Before moving any funds, you should (with professional help):
– Choose the path: **own company**, **invest in company**, or **state securities**
– Check sector rules (Negative List / Priority List) for company investments
– Clarify **tax residency implications** in Indonesia and your home country
This is where we focus as an intelligence platform: understanding **what the regulations actually say** and how they are being applied this quarter — not selling a specific structure.
### Step 2 — Execute the investment
– For companies: fund the capital through banking channels, complete corporate formalities, update OSS and legal documentation
– For securities: subscribe to the designated SBN/SBSN series through a participating bank or broker, obtain proof of holdings
Immigration does not accept “letters of intent” as satisfying the minimum. The funds must already be committed.
### Step 3 — File the Golden Visa application
– Submit online (or through your sponsor) with:
– Passport, personal documents
– Proof of investment (bank slips, bond deposit reports, notarial deeds)
– Supporting letters from relevant ministries or regulators where required
– Pay **immigration fees** at the set Rupiah rate
### Step 4 — Assessment and decision
Relevant authorities may:
– Run additional **due diligence** on your background and funds
– Request **clarification** on company operations or project plans
– Coordinate with **tax authorities** about your intended presence and reporting
Even if your investment is above USD 350,000, approval is **not automatic**. No consultant or intermediary can lawfully promise that your application will be approved.
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## Tax: how the minimum investment interacts with your Indonesian tax position
The regulations that govern the visa (Permenkumham 22/2023, 11/2024, PMK 82/2023) intersect with, but do not replace, Indonesia’s **Income Tax Law** and related MoF regulations.
Key points for Golden Visa holders:
### 1. Tax residency is about days, centre of vital interests, and domicile — not just visa type
Under Indonesia’s tax law:
– You become an **Indonesian tax resident** if you:
– Stay in Indonesia **more than 183 days** in any 12‑month period; or
– Intend to reside in Indonesia (domicile), even if under 183 days, depending on facts and circumstances.
A **Golden Visa does not automatically make you a tax resident**, but it does make it easier to reach the 183‑day threshold and to argue that your centre of life has shifted to Indonesia.
### 2. Investment income may be taxed in Indonesia
Depending on the structure:
– **Dividends from Indonesian companies**: generally subject to Indonesian income tax; relief can apply under certain conditions and treaties [VERIFY per MoF updates post‑2023]
– **Interest from Indonesian government bonds**: subject to final withholding tax, with possible treaty reductions for eligible residents of treaty countries
– **Capital gains on share disposals**: Indonesian‑source gains may be taxable, with specific rules for listed vs unlisted shares
The **minimum investment** is not a tax shelter; it is a qualifying condition for a visa. Tax optimisation must be structured separately, within the law.
### 3. Special expatriate tax rules
Indonesia introduced and then modified special expatriate provisions around **territorial taxation for certain foreign‑sourced income** in recent years. As of June 2026:
– These rules are still in flux and subject to new MoF regulations and clarification letters [VERIFY latest MoF regulation on Expatriate Tax Treatment]
– Interaction with Golden Visa status is **not fully crystallised in public guidance**
If your investment size is at or above the Golden Visa minimum, you are in a segment where **personal tax planning with a qualified Indonesian tax advisor is not optional**.
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## Why many websites quote different “minimum investments”
You may see conflicting numbers like **USD 130,000**, **USD 250,000**, or “IDR 5 billion” used in Golden Visa marketing.
Common reasons:
– Mixing **older proposals** with enacted regulations
– Confusing **standard investor KITAS** requirements with Golden Visa thresholds
– Quoting **per‑share or per‑partner** numbers from domestic company law, not immigration law
– Currency conversion differences at outdated exchange rates
Our editorial rule at Golden Visa Indonesia is simple:
– If an amount cannot be tied to a specific regulation or official circular, with date and article, we **flag it and do not repeat it as fact**.
As of **15 June 2026**, the only clearly grounded Golden Visa **minimum investment** tiers are:
– **USD 350,000** for a 5‑year Golden Visa; and
– **USD 700,000** for a 10‑year Golden Visa,
split across the various eligible forms of investment described earlier.
For a structure review against the current regulations, you can plan your trip with us — including a quick WhatsApp triage call — and we will point you to vetted immigration and tax professionals. 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.
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## FAQs on Indonesia Golden Visa minimum investment
Is there any Indonesia Golden Visa under USD 350,000?
No. As of 15 June 2026, all regulated Golden Visa investment tracks start at USD 350,000 (or equivalent) for a 5‑year stay, based on Permenkumham 22/2023 as amended by 11/2024 and PMK 82/2023.
Can I qualify by buying property instead of investing USD 350,000?
No. Property purchase alone does not currently qualify as “investment” for Indonesia’s Golden Visa. The law focuses on equity in companies or Indonesian state securities.
Does the USD 350,000 include my family members?
The USD 350,000 threshold is tested against your investment, not per family member. Eligible dependants can usually be sponsored under your Golden Visa, subject to standard family requirements and additional government fees, but no extra minimum investment per person is required under the current framework.
Do I have to keep the USD 350,000 invested for the full 5 or 10 years?
Yes in principle. Both Permenkumham 22/2023 (as amended) and PMK 82/2023 assume the qualifying investment is maintained throughout the Golden Visa period. Early withdrawal, liquidation, or sale can trigger revocation, though enforcement practice is still developing and should be treated as [VERIFY] for specific instruments.
Can anyone guarantee my Golden Visa approval if I invest the minimum amount?
No. Meeting the minimum investment is a necessary but not sufficient condition. Approval remains at the discretion of Indonesian authorities, who also assess background checks, fund source, economic rationale, and compliance. Any promise of guaranteed approval is not consistent with how the regulations are written or applied.