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Indonesia’s Golden Visa Draws Nearly US$3 Billion in Just Over a Year · IMI Podcasts

• 0:00
  SPEAKER_00: Between July 2024 and September 2025, Indonesia has issued more than one thousand twelve golden visa permits, securing forty eight trillion rupee, approximately two point nine billion US dollars in investment, most of it from foreign firms setting up shop locally through the Golden Visa program, according to a recent press release by the Directorate General of Immigration.
• 0:25
  SPEAKER_00: Acting Immigration Director General, Yule D.
• 0:28
  SPEAKER_00: Usman, said the figures prove just how attractive Indonesia is to foreign investors and talent.
• 0:34
  SPEAKER_00: The rollout quickly gathered momentum after the program's launch in July 2024.
• 0:39
  SPEAKER_00: Immigration's year-end report revealed 9 trillion rupiah or 540 US dollars million in investment by the end of 2024.
• 0:49
  SPEAKER_00: Interest appears to have accelerated this year, surpassing the early goal of 1,000 permits, with the program collecting$750 million between December 2024 and September 2025.
• 1:02
  SPEAKER_00: Here's how the money adds up since launch.
• 1:05
  SPEAKER_00: Corporate investors account for nearly all inflows, contributing approximately 46.5 trillion rupee, or 2.8 billion US dollars, or about 96% of the total, primarily from foreign companies establishing subsidiaries or branches in Indonesia.
• 1:22
  SPEAKER_00: Individual investors add 249 billion rupia or 15 million US dollars.
• 1:29
  SPEAKER_00: The press release states that 1.45 trillion rupee or 87 million US dollars came from other golden visa recipients, without providing further details.
• 1:41
  SPEAKER_00: The government also collected non-tax state revenue, also known as PNBP, of 13 billion rupia, or 776,000 US dollars.
• 1:52
  SPEAKER_00: The permit is valid for five to ten years and includes priority airport lanes, simplified immigration services, and legal certainty for investing and working in Indonesia.
• 2:02
  SPEAKER_00: To qualify, individuals can apply by investing$350,000 for five years or$700,000 for 10 years.
• 2:13
  SPEAKER_00: Corporate investors, on the other hand, need to invest$25 million US dollars to secure five-year visas for directors and commissioners, or$50 million for 10-year permits.
• 2:25
  SPEAKER_00: Then President Jokowi Dodo launched the program in July 2024, aiming to attract investors, foreign nationals with specialized expertise, world figures, and the descendants of former Indonesian citizens.
• 2:39
  SPEAKER_00: At the launch, Jokowi said the visas were only for high-quality travelers, calling for careful selection to maximize the multiplier effect for the economy.
• 2:48
  SPEAKER_00: With investment now approaching 50 trillion rupiah, or 3 billion US dollars, officials say they will focus on maintaining standards while streamlining processes, ensuring that corporate-led commitments translate into jobs, technology transfer, and broader economic benefits.
• 3:06
  SPEAKER_00: This episode first appeared as an article by Mustafa Delhi on IMIDaily.com.
• 3:12
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