Retirement KITAS - What Is It For And What Are The Benefits?

Retiring on an exotic island surrounded by sun, beaches and lush tropical areas is a dream for so many people. Indonesia is an irresistible archipelago comprising thousands of islands all with their character and charm. Therefore, it is no wonder why every year, people decide to enjoy their retirement years on one of Indonesia's paradise islands.

To get a retirement visa, the process is relatively simple. Once you have obtained your Retirement Visa, there are a multiple benefits, which include:

• Multiple entry/entering and exiting the country freely.
• The ability to lease land.
• Allowed to open a bank account.
• Updates On The Retirement KITAS Regulation.

As of 22nd of August 2023, Indonesian Ministry of Immigration released a new regulation that allows expatriates seeking to retire in Indonesia to be able to extend their stay for up to 5 years. The new regulation requires expatriates with age above 60 years old who are able to provide a statement of their minimum monthly pension fund of USD 3,000 can apply for the five-year scheme of Retirement KITAS.

Requirements to apply for the new 5-year Retirement KITAS:

• Retirees can reside in Indonesia for a period of 5 (five) years using the Retirement KITAS.
• Retirees are not required to have a sponsor to apply for the five-year Retirement KITAS, though sponsorship is still necessary for the one-year Retirement KITAS.
• Retirees can still apply for the one-year Retirement KITAS if they choose to.
• Retirees must be above 60 years of age to be eligible for applying for the five-year Retirement KITAS.
• Retirees must comply with the statement of commitment to save funds in an account in their own name at a state-owned bank worth at least US$50,000 (fifty thousand US dollars) or the equivalent which must be fulfilled within a maximum period of 90 (ninety) Days from the date the Limited Stay Permit is granted.
• Can provide proof of pension fund minimum of USD 3,000 per month or USD 36,000/year.

Requirement Updates to apply for the new 1-year Retirement KITAS:

• Retirees can reside in Indonesia for a period of one year using the Retirement KITAS.
• Retirees must engage with a sponsor that acts as their guarantor during their stay in Indonesia.
• Retirees must be above 60 years of age to be eligible for applying for the one-year Retirement KITAS.
• Can provide proof of pension fund minimum of USD 3,000 per month or USD 36,000/year.
• What Requirements Do I Need, In Order For Me To Obtain A Retirement KITAS?

Aside from the age prerequisites, an applicant for a Retirement Visa will also need to:

• Have no plans to work in indonesia.
• Hire a maid or domestic helper.
• Sign a lease agreement for 1 year.
• A Currently, most countries are entitled to apply for a retirement visa with the exception of Afghanistan, Guinea, Israel, North Korea,Cameroon, Liberia, Niger, Nigeria and Somalia.

Steps To Get Your Retirement KITAS

1. Provide all documentation relevant to the KITAS and we will verify to ensure a successful application.
2. All documentation will be uploaded to the online immigration system. Once the visa is authorized the applicant will receive an E-Visa (Electronic Visa), which they will need to print.
3. The applicant may now enter Indonesia using the E-Visa.
4. Upon arrival to Indonesia, the applicant will need to do a biometric, whereby they take a profile photo, as well as provide fingerprints.
5. The KITAS (Stay Permit) will be issued and given to the applicant within 3 Days.
6. Within 14 Days of the KITAS issuance, you must register at the civil departments, whereby you will obtain your SKSKPS (Certificate of Family Formation of Temporary Residents) & STM (Police Certificate).