📌 Key Features
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Validity: Usually granted for 1 year or 2 years, renewable depending on the company’s status and compliance.
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Sponsorship: The visa is sponsored by the foreign-owned company (PMA) established by the investor in Indonesia.
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Work Rights: Allows the investor to manage and direct their company but not to be employed as a regular worker.
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Residency Rights: Comes with a Limited Stay Permit (ITAS), enabling the investor and their family (via dependent visas) to live in Indonesia.
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Investment Requirement: Investors are required to fulfill minimum paid-up capital and shareholding requirements as stipulated by Indonesian investment regulations (BKPM / OSS).
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Pathway to KITAP: Eligible for a Permanent Stay Permit (KITAP) after several years of continuous stay and investment.
👤 Who Can Apply
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Foreign nationals who establish a foreign-owned company (PMA) in Indonesia.
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Investors listed as shareholders in the company’s Articles of Association.
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Company founders who hold a significant stake (as regulated by BKPM / Ministry of Investment).
⚠️ Important Notes
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The visa is tied to the company’s existence and compliance. If the company ceases operations or fails to meet requirements, the visa may be revoked.
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Investors must follow BKPM (Investment Coordinating Board) regulations regarding minimum paid-up capital and reporting obligations.
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The E28B visa is not a work visa for employment; it is specifically for company ownership and management.
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After maintaining investment and legal stay, holders may later qualify for a Permanent Stay Permit (KITAP).
