At roughly USD 31,000 in deposited funds, the Indonesian Second Home Visa has one of the lowest entry thresholds of any long-stay permit in Southeast Asia, but that capital is frozen in an Indonesian bank account earning sub-market returns for the visa's entire duration.
What Indonesia's Second Home Visa Actually Is
The Second Home Visa is issued under Immigration Regulation No. 22 of 2023 and grants either a 5-year or 10-year limited stay permit (ITAS or ITAP). It is not a permanent residency card, but it does allow multiple-entry stays without the repeated visa runs required under tourist or social visit visas. The visa is renewable and, unlike most Southeast Asian long-stay options, does not require a local sponsor or employer.
Financial Requirements and the Bank Deposit Rule
The single qualifying requirement is holding funds in an Indonesian bank account at the time of application. For the 5-year permit, the minimum deposit is IDR 500 million, roughly USD 31,000 to 33,000 at current rates. The 10-year permit requires IDR 2 billion, roughly USD 125,000 to 130,000. The funds must sit in a state-owned or approved private Indonesian bank, such as BNI, BRI, Mandiri, or BCA, and must remain on deposit while the visa is active. There is no requirement to invest in property or business.
Application Process and Government Fees
Applications are submitted online through the Directorate General of Immigration portal, with biometrics and document verification completed at an Indonesian embassy or consulate abroad, or at an immigration office inside Indonesia if you are already on a valid stay permit. Government fees run approximately IDR 3 million for the visa itself plus IDR 5 million for the ITAS card, totaling roughly USD 500 to 600 in official fees. Agent or law firm fees in Indonesia typically add another USD 500 to 1,500 for document preparation and coordination. Processing takes two to eight weeks depending on the office.
Tax Residency Implications
Indonesia taxes residents on worldwide income if they spend more than 183 days per calendar year in the country. Holding a Second Home Visa does not, by itself, make you a tax resident. If you stay under the 183-day threshold, your Indonesian tax exposure is limited to locally sourced income only. Compared with other regional long-stay options, this gives genuine flexibility for perpetual travelers who want an Indonesian base without triggering full resident taxation. For those comparing Southeast Asian long-stay strategies, Malaysia's DE Rantau visa operates on a similar logic but with different income and tax treatment.
Who Qualifies and Who Should Look Elsewhere
The visa targets retirees, passive income earners, remote workers with no Indonesian employer, and high-net-worth individuals who want a long-term Bali or Lombok base. There is no formal age minimum, but Indonesian immigration officers generally expect applicants to demonstrate that they are not competing with local labor. If your goal is a path to Indonesian citizenship, this visa does not provide one: Indonesia does not permit dual nationality for naturalized citizens, and naturalization requires continuous lawful residence of at least five years as a permanent resident, a separate and more demanding status than ITAS.
Practical Limitations Worth Knowing Before You Apply
The deposit must stay in the Indonesian bank account throughout the visa period, which means the capital is not working elsewhere. Indonesian banks pay modest interest on IDR-denominated deposits, and converting funds back out requires navigating currency controls, so factor in exchange-rate exposure on the IDR 2 billion deposit if you are applying for the 10-year permit. Bali's cost of living has risen sharply since 2022, and property ownership for foreigners remains restricted: you cannot own freehold land, only leasehold structures for up to 30 years. The visa does not grant work authorization for employment with an Indonesian company.
Things people ask first.
Can I work remotely for foreign clients on Indonesia's Second Home Visa?
Yes. The visa does not restrict income earned from foreign sources while you are physically in Indonesia. It prohibits working for or being employed by an Indonesian entity without a separate work permit.
Does the Second Home Visa lead to permanent residency or citizenship?
No. The visa grants ITAS status, not permanent residency (ITAP). Permanent residency and eventual naturalization require a separate pathway and far longer continuous residence in a qualifying status. Indonesia also prohibits dual nationality for naturalized citizens.
Can I put the IDR deposit in a fixed-term account or investment product?
Regulations require the funds to be held in a standard savings or deposit account at an approved Indonesian bank. Investment products and brokerage accounts do not satisfy the requirement.
Can my spouse and children be included on my Second Home Visa?
Yes. Immediate family members, including a spouse and dependent children, can be added as dependents on the same application. Each dependent requires their own permit and associated fee, but no additional deposit is required.
What happens to the deposit if my visa is denied or I leave Indonesia?
The deposit is your own money in your own bank account. If the visa is denied or you choose not to renew, you simply withdraw the funds, subject to standard Indonesian banking procedures and any applicable currency conversion steps.
Is there a minimum income requirement separate from the bank deposit?
Officially, no separate monthly income threshold is published. The deposit is the primary financial qualifier. However, consular officers may request bank statements or proof of passive income during interview to confirm financial self-sufficiency.
Is Indonesia the right long-stay base for your residency stack?
The Second Home Visa is one piece of a broader Southeast Asia residency strategy. The Offshore Playbook maps how to layer Indonesian presence with tax-neutral structures, second passports, and banking setups that keep the full picture working together.
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