On October 25, 2022, the Directorate General of Immigration (DGI) officially launched the second home visa. This new initiative provides eligible foreigners with a permit that allows them to stay in the country and do many non-work-related activities such as tourism, investment, and retirement.

With each of the three activities having its own visa, the question is: what’s the difference between a second home visa with investor KITAS or the other type of visa? Is the second home visa the answer to the long-awaited digital nomad visa? All of your questions will be answered here, so stay tuned!

What is Bali second home visa?

Second home visa is a non-work visa intended for foreigners who want to live in Indonesia for 5 or 10 years. It offers many benefits, including:

• Multiple-entry permit, meaning you can enter and exit the country without worrying about your visa expires.
• Priority service at immigration offices, checkpoints, and related entities.
• Family sponsorship, meaning you can live with your family, including spouses, children, and parents.
• A long stay permit for those who are interested in positively contributing to the Indonesian economy, be it PMA or PT organisation.

What are the requirements?

• A legal passport that still valid for at least 36 months
• A proof of fund of at least two billion rupiah or equivalent
• A coloured photograph, 4cm x 6cm in size with a white background
• A curriculum vitae.

What’s with the huge minimum funds?

Many people said that the proof of funds instantly makes the visa unpopular among the expatriate community. Why? Because it’s huge. But with that being said, it doesn’t necessarily mean it’s bad, it’s just not for everyone.

There are many details surrounding the proof of funds you need to be aware of if you’re interested in a second home visa. That includes:

• The proof is in the form of a bank account or a luxury real estate or property in Indonesia with the same value.
• The fund must be stored in Indonesian state-owned banks, such as BRI, BNI, or Mandiri.
• The holder must report the original proof of funds within a maximum of 90 days from the issuance date of the visa.
• The immigration may ask at any time to prove the fund is still in the bank account (not moved). Failing to do it may result in the cancellation of your permit.

Can I bring my family?

While the required proof of funds may be substantially huge, a second home visa offers you the privilege of sponsoring and bringing your family to the country – be it your children, spouse, or parents.

The second home temporary or limited stay permit owned by the family member has the same duration as the holder’s remaining period. You can enjoy your time in Bali or any other destination in Indonesia with your family, and experience the tropical paradise for a long time.

What are the requirements for sponsored family members?

• A legal passport that still valid for at least 36 months
• A coloured photograph, 4cm x 6cm in size with a white background
• A valid second home visa of a family member (husband, wife, children, etc)
• A proof of family relationship with second home visa holder: marriage certificate or family register.

Is it the new Retirement visa?

The benefits it offers may sound familiar to some. It’s understandable as it is similar to the one you’ll get from a retirement visa. But what is exactly the difference?

For starters, the retirement visa comes in two periods: 1-year and 5-year. The requirements are also a lot different compared to a second home visa:

• You must be a retiree above 60 years of age, while a second home visa can be applied by anyone above 19 years with a valid passport.
• Can provide proof of pension minimum of $3,000/month (and you can spend it).

Some people also see the second home visa as the government’s answer for the long-awaited digital nomad visa. Unfortunately, with the proof of funds being two billion rupiah minimum, we can conclude that this visa is more for wealthy foreigners who want to stay and contribute positively to the Indonesian economy.

Last Word

Finding the right visa to live longer in Bali can be confusing for many. There is a lot of information about this topic, but only a few Bali visa agents are able to give you the best answer. One of them is Kamala Visa Bali.

At Kamala, we strive to help you with your visa needs. With our knowledgeable specialists, we will make your visa journey as efficient and as hassle-free as possible. Don’t hesitate to contact us for more information.