Investor KITAS in Indonesia offers many benefits to foreign investors. One of the most attractive is the ease and exemption from fees to obtain a work permit.
Foreign investors without KITAS Investors are required to pay a fee of USD 1,200/year, while KITAS investor holders are exempted from the provision as long as they meet the predetermined requirements. In addition, KITAS Investor holders also do not have to wait for months to be able to work after injecting initial investment in Indonesia.
What are the types of KITAS Investors?
In Indonesia, KITAS/ITAS investors can be divided into two:
Index 313: 1-year KITAS/ITAS
Index 314: 2-year KITAS/ITAS
Both types of KITAS/ITAS allow investors to enter and leave Indonesia multiple times while the permit is still valid.
What are the requirements to fulfill the Investor KITAS?
As an investor, you are required to invest a minimum of IDR 1 billion to qualify for an investor KITAS/ITAS. In addition, the capital invested in the company must exceed IDR 10 billion.
Newly formed companies will be able to sponsor investors after receiving a Business Identification Number (NIB) and business license. For existing businesses, you will need to apply for the necessary permits through the Online Single Submission (OSS).
How to apply for Investor KITAS?
One of the biggest advantages of an investor visa is the ease of application without complicated procedures and expensive fees, as is the case with work permits.
Previously, investors were required to pay USD 1200 per year for a work permit to qualify for investment. In addition, prior to the implementation of the new regulation, investors were required to wait several months to obtain a work permit after the initial capital contribution.
In essence, the process of obtaining an investor’s KITAS/ITAS is as follows:
Prepare a signed application letter, company registration documents, NPWP, identity card, passport, etc.
Applying for VITAS
Apply for KITAS/ITAS upon arrival in Indonesia.
For this visa, you can contact Stay Indonesia for more details.
Can KITAS Investors be used for work?
According to BKPM, company directors who have an investor KITAS/ITAS can work as long as the following criteria are met:
All obligations handled by the director must fulfill the scope of the company’s business activities.
The company provides equal opportunities for all Indonesian residents to work and earn income.
However, different conditions may apply to a commissioner of a company. According to our answer from the Ministry of Manpower, a commissioner can work with a KITAS/ITAS Investor.
However, if you are an investor who wants to take a very active role in the company, we strongly recommend that you take a position as managing director or second director rather than commissioner, as these positions are expected to have a less active role in the day-to-day operations of the company.
As an investor, you are required to invest a minimum of IDR 1 billion if you want to qualify for an investor KITAS/ITAS. In addition, the capital invested in the company must exceed IDR 10 billion. Newly formed companies will be able to sponsor investors after receiving a Business Identification Number (NIB) and business license. For existing businesses, you will need to apply for the necessary permits through the Online Single Submission (OSS).
Stay Indonesia makes it easy for investors to obtain a 2-year Investor KITAS visa and legally stay in beautiful Indonesia. Our experienced immigration experts will guide you through the entire process, from start to finish. We will help ensure that your Investor KITAS visa application process is smooth, efficient, and stress-free, so you can focus on growing your business and making the most of your time in Indonesia.
Start your journey today with Stay Indonesia! You can contact us via wa.link/t82lklor and let us help you get started!