Independent index: figures taken from official tariffs, not from agents
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No physical-presence requirement

Golden Visa
KITAS E28C, Indonesia

From $350,000 for 5-year status, from $700,000 (or $1M in property) for 10-year status — no company required, via government bonds, shares, or deposits. No presence requirement.

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5-year status from
$350,000
10-year status from
$700,000
Physical presence
not required
Company setup
not required

Three ways to hold the investment

The E28C route accepts several different instruments — from government bonds to a direct residential property purchase for the 10-year tier.

TERM
THRESHOLD
WHAT TO KNOW
5 years
THRESHOLDfrom $350,000
Indonesian government bonds, IDX-listed shares, mutual funds, or a deposit at a state bank (Mandiri, BNI, BRI).
10 years (financial instruments)
THRESHOLDfrom $700,000
The same instruments as the 5-year tier, at a higher amount.
10 years (property, alternative)
THRESHOLDfrom $1,000,000
Buying residential property instead of financial instruments for the same 10-year tier.

What the process consists of

Filing is fully online, with no separate ITAS procedure at the immigration office required.

COST ITEM
RATE
APPLIES TO
Processing via the Molina portal
RATEdepends on the tariff on the filing date
per applicant
Opening an account/buying instruments at a state bank
RATEdepends on the bank
per investment
Health insurance
RATEfrom $50/mo
per applicant

How the process runs

01
Choosing a term and instrument
5 or 10 years; financial instruments (government bonds, shares, deposit) or property for the 10-year tier.
02
Transferring funds into the chosen instrument
Into a state bank or the IDX exchange — the amount must be maintained for the entire visa term.
03
Filing online
Through the Molina portal, with no separate ITAS office visit required.
04
Receiving the Golden Visa
For the chosen term — 5 or 10 years, with no physical-presence requirement.
05
Renewal or instrument replacement
Funds must remain in the chosen instrument throughout the visa term.

A good fit if

You have capital from $350,000 for a purely passive investment via government bonds, shares, or a deposit.
You want longer status — the 10-year tier is available from $700,000.
You prefer buying property over financial instruments — then the alternative from $1,000,000 is available at the same 10-year tier.
The absence of a physical-presence requirement matters — a rare advantage among similar investor programmes in the region.

A poor fit if

Your capital is below $350,000 — the minimum threshold is not covered.
You plan to found your own company as a visa condition — the E28C route is not designed for this, it is a purely investor track without a business.
Funds cannot be held in the chosen instrument for the entire visa term — status is officially tied to maintaining the investment.
You need certainty on a path to permanent residence or citizenship — this aspect is not covered in the available research on this page.

Who runs this programme

Your request goes to two or three firms from this list. You see exactly which ones before it is sent, and you can exclude any of them.

Henley & Partners
Лондон, Великобритания · since 1997
The largest advisory firm in the industry — over 70 offices worldwide; also advises governments on designing migration programmes.
NTL Trust
Карибский регион (офисы в Латинской Америке, Европе, на Ближнем Востоке и в Азии) · since 1994
30+ years in citizenship and residence by investment, officially accredited by several Caribbean governments; also trust and corporate services.
Arton Capital
Монреаль, Канада · since 2006
Global financial advisory firm specialising in residence and citizenship by investment.
Astons
Дубай, ОАЭ (основана в Лондоне) · since 1989
One of the oldest firms in the market, over 9,000 clients from 100+ countries; Golden Visa, citizenship and RBI worldwide.
La Vida Golden Visas
Лондон, Великобритания · since 2002
Over 20 years of experience, clients from 160+ countries; specialises in Portugal’s Golden Visa and other EU programmes.
Savory & Partners
Дубай, ОАЭ · since 2009
Over 70 specialists across 8 offices on three continents, 20+ jurisdictions, over 11,000 clients.
Global Citizen Solutions
Лондон, Великобритания / Лиссабон, Португалия · since 2016
Global mobility consultancy with a Lisbon office; specialises in Portugal’s Golden Visa and Spain’s Non-Lucrative Visa.

This is an independent list of firms in the market, not our partners — we do not forward requests to them or receive payment for referrals. Contact them directly via the link.

Frequent questions

Why is there no physical-presence requirement?

This is an official feature of the E28C route specifically — unlike many other investor programmes that require spending a certain number of days per year in the country, this condition officially does not exist here.

How does E28C differ from business routes?

E28C is for investors who do not found a company: funds go into government bonds, shares, mutual funds, or deposits, rather than the capital of their own business.

Can property be chosen instead of financial instruments?

Yes, but only at the 10-year tier — buying residential property from $1,000,000 is an alternative to financial instruments at the same tier ($700,000), not a separate route.

Which banks can hold the deposit?

State banks of Indonesia — Mandiri, BNI, or BRI, named directly in the programme requirements.

Is a separate ITAS procedure required?

No — this is a programme feature: no separate ITAS procedure at the immigration office is required; everything happens through a single online filing.

Who administers the programme?

Indonesia’s Directorate General of Immigration — filing is fully online via the Molina portal.

Sources

Fragomen — official announcement of the introduction of Indonesia’s Golden Visa programme↗

Figures are for reference only. Verified against official sources on 27 August 2026. A precise quote is issued by the appointed firm after document review. This material is not legal advice, a public offer or investment advice.