Indonesia has joined the race to attract wealthy foreigners by using the trump card of Bali.

The government has created a new five-year and ten-year “second house visa” for people with at least 2 billion rupiahs ($130,000) in their bank accounts. 

Indonesia joins nations like Costa Rica and Mexico in enticing professionals, pensioners, and other rich individuals with long-term stays. 

Indonesia has proposed a digital nomad visa for 2021, with the goal of enticing tourists to Bali.

Bali began to gradually open to foreign tourists on October 14 last year, and the Indonesian government is working to further restore the local economy by lifting restrictions and adding travel privileges.

The Indonesian government has lifted most travel restrictions and introduced a Quarantine Free Inspection Period and Visa on Arrival (VOA) system for 72 countries, including India, on March 7, 2022.

“This a non-fiscal incentive for certain foreigners to make a positive contribution to the Indonesian economy,” said Acting Director General for Immigration Widodo Ekatjahjana during a launch ceremony in the resort island.

In general, foreign passport holders must obtain an Indonesian visa prior to departure. Travelers must apply for a visa in advance and provide relevant supporting documents. Under the visa, you can fill out the application online or in person at an Indonesian embassy or consulate.

Tourists must meet COVID-19 requirements, including a full vaccination certificate.

Those wishing to visit Indonesia without a visa, please note that the visa waiver is only for short stays. Tourists from visa-free countries must apply for an appropriate Indonesian visa if they wish to stay in Indonesia for more than 30 days.

Those who require an Indonesian visa must provide several supporting documents as part of their application. Document requirements vary by visa type.

A tourist visa must submit:

Fully-completed application

Copy of correct and eligible passport

Payment of visa processing fee