Skip to content

New Visa to Let Tourists With $130,000 Live in Bali for 10 Years

  • New policy to take effect 60 days after the issuance of rule
  • Plan coincides with rising tourist arrivals, G-20 event
Indonesia adds to a list of countries from Costa Rica to Mexico offering long-term stays to lure professionals, retirees and other affluent people.

Indonesia adds to a list of countries from Costa Rica to Mexico offering long-term stays to lure professionals, retirees and other affluent people.

Photographer: Putu Sayoga/Bloomberg

Indonesia has entered the race to attract wealthy global citizens for long-term stays, seeking to bolster Southeast Asia’s largest economy with a focus on its trump card: Bali.

The country is offering “second home” visas for five years and 10 years to those with at least 2 billion rupiah ($130,000) in their bank accounts, according to a new regulation issued on Tuesday. The policy takes effect on Christmas, or 60 days after the issuance of the new rule.