For many, retiring to a far-off island surrounded by sun, sea, and sand is their ideal retirement. Retirees frequently travel to Indonesia, a breathtaking archipelago of thousands of islands, each with its own distinct personality and charm. Many people decide each year to live out their retirement years on one of Indonesia’s idyllic islands.
The qualifications are not too complicated, and getting a Retirement KITAS in Indonesia is a reasonably simple process. Upon obtaining your Retirement KITAS, you will be eligible for several advantages, such as:
- The ability to freely enter and depart the nation.
- The capacity to rent land.
- The choice to register for a bank account.
Updates on the Retirement KITAS Regulation
The Indonesian Ministry of Immigration has implemented a new rule that, starting of August 22, 2023, permits foreigners who choose to retire there to remain an additional five years.
According to the new rule, foreign nationals over 60 who can present documentation attesting to a minimum monthly pension fund of USD 3,000 are qualified to qualify for the Retirement KITAS five-year program.
Requirements for the new five-year Retirement KITAS include:
- Retirees may use the Retirement KITAS to live in Indonesia for a maximum of five years.
- While a sponsor is still required for the one-year Retirement KITAS, retirees do not need one to apply for the five-year Retirement KITAS.
- Should they so desire, retirees are still eligible to apply for the one-year Retirement KITAS.
In order to be eligible for the five-year Retirement KITAS, retirees must be older than sixty. - Within ninety days from the day the limited stay permit is issued, retirees must satisfy a declaration of commitment to save money in an account at a state-owned bank in their name, totaling at least USD 50,000.
- Proof of a pension fund with a minimum monthly balance of USD 3,000 or USD 36,000 per year is required for retirees.
Requirements for the one-year Retirement KITAS include:
- Retirees may use the Retirement KITAS to live in Indonesia for a year.
It is required of retirees to interact with a sponsor who will serve as a guarantor for them while they are in Indonesia.
In order to be eligible for the one-year Retirement KITAS, retirees must be older than sixty years. - Pension funds with a minimum monthly value of USD 3,000 or an annual value of USD 36,000 must be verified by retirees.
General Requirements for Obtaining a Retirement KITAS
Aside from the age prerequisites, applicants for a Retirement KITAS will need to:
- Have no intention of working in Indonesia.
- Employ a domestic worker or maid.
- Sign a one-year leasing contract. With the exception of Afghanistan, Guinea, Israel, North Korea, Cameroon, Liberia, Niger, Nigeria, and Somalia, the majority of nations are currently able to apply for a retirement visa.
Steps to Obtain Your Retirement KITAS
- Document Submission: To guarantee a successful application, please submit all pertinent documentation for the KITAS application, which we will verify.
- Online Submission: Enter all supporting documents into the immigration system online. The applicant will receive an E-Visa (Electronic Visa) after the visa is approved, which they must print.
- Entry into Indonesia: The E-Visa is now valid for the applicant’s entry into Indonesia.
- Biometric Session: The candidate must finish a biometric session, which entails giving fingerprints and snapping a profile photo, as soon as they arrive in Indonesia.
- KITAS Issuance: The applicant will receive their KITAS (stay permit) in three business days after it is issued.
- Civil Department Registration: To get the SKSKPS (Certificate of Family Formation of Temporary Residents) and STM (Police Certificate), the applicant must register with the civil departments within 14 days of the KITAS being issued.
Frequently Ask Questions
Is it feasible to submit an offshore Retirement KITAS application?
Indeed, starting on January 9, 2024, applicants may submit their Retirement KITAS applications online at [evisa.imigrasi.go.id]
Is it possible to change my visa to an onshore Retirement KITAS?
Indeed, there is still use for the conversion system from other visas to Retirement KITAS.
What is the duration of a retirement visa?
The validity of the retirement visa ranges from one to five years.
Is there an upper limit to how many times I may renew my retirement visa?
Yes, yearly extensions allow for a maximum of five maximum extensions for the Retirement KITAS.
Could I apply for a KITAP (Permanent Stay Permit)?
You need to have held a Retirement Visa for the preceding five years in order to apply for a KITAP.
Does obtaining my initial visa require me to go to an Indonesian embassy?
It was required to obtain all visas from an Indonesian embassy abroad until October 2020. However, Electronic Visas (E-Visa) are now available from the Indonesian Immigration Authorities.
Should we, as a couple, choose to retire in Indonesia, must we each submit an application for a retirement visa?
No, your spouse is eligible to apply for a Dependent Visa if one of you files for a retirement visa. Significant supporting evidence is needed for the retirement visa, and not everyone has it. It is thus advised that you apply for one dependent visa and one retirement visa.
Is it okay for me to bring my kids?
If your children are less than eighteen, then the answer is yes. A Dependent Visa will be needed for them.
Do I have to pay taxes?
Absolutely, you will have to pay taxes in Indonesia if you have an income.
Requirements for the Retirement KITAS
- A valid passport with at least 18 months left on it.
- Picture using a crimson backdrop.
- CV (curriculum vitae).
- A health and life insurance policy.
- A one-year or longer residential lease signed by both parties that includes the owner’s KTP as well as the address and name of the rented property.
- A declaration or letter attesting to your hiring of an Indonesian domestic worker, your abstinence from commercial endeavors, and your reservation of lodging.
- Maid/assistant ID card (KTP).
- A statement of pension funds based on the kind of KITAS retirement you are requesting.
- A copy of your marriage license, if you have one.