Relationship between Visa and real estate leasing and buying
What is Visa
is a conditional authorization granted by a polity to a foreigner that allows them to enter, remain within, or to leave its territory. Visas typically include limits on the duration of the foreigner's stay, areas within the country they may enter, the dates they may enter, the number of permitted visits, or if the individual has the ability to work in the country in question. Visas are associated with the request for permission to enter a territory and thus are, in most countries, distinct from actual formal permission for an alien to enter and remain in the country. In each instance, a visa is subject to entry permission by an immigration official at the time of actual entry and can be revoked at any time. Visa evidence most commonly takes the form of a sticker endorsed in the applicant's passport or other travel document but may also exist electronically. Some countries no longer issue physical visa evidence, instead recording details only in immigration databases.
Visa type
There are three main types of Visa.
① Tourism purpose
② Purpose of short-term stay
③ Purpose of long-term stay .
What Visa can you do with real estate? ??
① ② Visa holder
You can owned villas and land. However, only Lease Hold.
③ KITAS / KITAP holders
Land and villas can be purchased. LEASE Hold and Free Hold as well. (Free Hold means the right to use Hak Pakai for foreigners) .
Detail Visa
① Sightseeing Visa 1 VOA (Visa On Arrival)
After entering Indonesia, you can stay for up to 60 days from the date of entry If you are staying for 31 days or more, you will need to obtain this Visa at the airport. If you do not have this Visa and will stay for more than 31 days, you will be illegally staying. You need to go to the Immigration Bureau within 30 days after entering Indonesia to complete the procedure. .
② Business purpose
- Social Visa (B211A Visa)
Valid for 60 days after entry, can stay up to 180 days after entry and extension procedure If there are no rewards or profits in Indonesia.
- Social Visa (B211B Visa)
Valid for 60 days after entry, can stay up to 180 days after entry after extension procedure When rewards and profits are generated in Indonesia.
③ Long-term stay (KITAS acquisition)
After entering Indonesia, you can stay for one year by completing the procedures at the Immigration Bureau.
1. Retirement Visa (C319Visa)
For those who have retired over 55 years old .
2. Working Visa (C312Visa)
Visas for work and compensation Employment at Indonesian companies (PT, PMA, CV) is a prerequisite.
3. Investor Visa (C313 / 314 Visa)
When investing in or establishing a company in an Indonesian company (foreign capital company PMA), shareholders such as management Visa that can be acquired (Investment in PT Local Co., Ltd. or CV Co., Ltd. is not possible) To own KITAS, you must own Rp.1,000,000,000- or more shares.
※ A minimum of Rp.10,000,000,000- is required to establish a foreign capital company PMA. Before the 2021 revision, it was possible to establish with an initial cost of Rp.2,500,000,000-, but with the new system A minimum investment of Rp.10,000,000,000- is required for each industry. If you apply for two industries, for example, real estate and trading, A minimum investment of Rp.20,000,000,000- is required. .
4. Family Visa
For families who are married to Indonesians or who are accompanied by those who work in Indonesia .
5. Student Visa
For those who aim to study abroad in Indonesia .
Current visa status (as of January 2022)
There are restrictions on foreigners entering the country to prevent the spread of new coronavirus infections. Therefore, you cannot enter the country for sightseeing purposes. It is possible to obtain a short-term stay visa (B211A visa) for business purposes.