Second Home Visa Policy Facilitates Global Investors: Indonesia Gov't

JAKARTA, KOMPAS.com - The second home visa policy aims to facilitate the entry of international tourists, global talents, business owners, and global investors to Indonesia, the Law and Human Rights Ministry said.

"Let us make an analogy. Immigration has developed a 'toll road' to facilitate the entry of international tourists, global talents, businessmen, and global investors," State News Antara quoted the ministry’s Immigration acting director general Widodo Ekatjahjana on Monday, Dec. 19.

Within this "toll road," a "rest area" has been provided that is supported by regional service outlets, he said.

He was referring to investment permit service, permit for tourism, property business service, manpower permit service, and factory construction permit service.

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These services are managed by each regional institution based on the authority that they have.

These service outlets are expected to provide interesting promotions to attract tourists, businessmen, global talents, and global investors to enter and stay in Indonesia for five to 10 years.

"This second home visa is one of the entry and stays permits for foreign nationals for five or 10 years without licensing requirements," Ekatjahjana said.

About the unveiling of the second home visa in Riau Islands, the immigration said that there were several considerations or reasons.

The first is related to the fact that immigration seeks to provide development stimulus to the tourism, business, and investment sectors in the region.

Secondly, the highest number of international visitors from 2021 to this day came from Singapore. This is inseparable from the geographical condition of the Riau Islands which is bordered directly by Singapore.

Also read: Foreigners Can Now Apply for Electronic Visa on Arrival to Enter Indonesia

"Immigration seeks to increase the number of international tourists, businessmen, and global investors that enter Riau Islands while also improving development in the region," he said.

The policy is expected to encourage the development of the property sector by making a second home visa as the entry permit and residence permit facility for foreign nationals keen to own a property in Indonesia.

"Immigration expects that this policy can drive the domestic property business climate that has improved," he said.

Source: State News Antara