E28C – Individual Investor (Purchase of Indonesian Government Bonds or Company Stocks)

The E28C visa is a Limited Stay Visa (VITAS) designed for foreign nationals who invest in Indonesia through financial instruments, such as Indonesian government bonds or shares in Indonesian companies. This visa allows investors to legally reside in Indonesia while holding and maintaining their investments.


🎯 Purpose

  • To attract foreign capital investment into Indonesia’s financial markets.

  • To provide a residency pathway for foreign nationals who purchase government bonds or company shares.

  • To strengthen Indonesia’s economy by supporting capital markets and government financing.

Kategori:

πŸ“Œ Key Features

  • Validity: Typically issued for 1–2 years, extendable depending on investment continuity and compliance.

  • Sponsorship: Sponsored either by the investment institution, the Indonesian government (for bonds), or the Indonesian company in which shares are purchased.

  • Residency Rights: Comes with a Limited Stay Permit (ITAS), allowing the investor (and dependents via family visas) to reside in Indonesia.

  • Work Rights: This visa does not grant work rights; it is strictly for investment and residency purposes.

  • Investment Requirement: The investor must purchase Indonesian government securities (SUN / ORI / SBN) or company stocks that meet the minimum threshold set by regulations.

  • Pathway to KITAP: Eligible for Permanent Stay Permit (KITAP) after fulfilling long-term residency and continuous investment requirements.


πŸ‘€ Who Can Apply

  • Foreign nationals who invest in Indonesian government bonds.

  • Foreign individuals who purchase shares in Indonesian companies listed on the stock exchange or structured under BKPM rules.

  • High-net-worth individuals seeking residency in Indonesia through financial investment rather than company establishment.


⚠️ Important Notes

  • The visa is directly tied to the investment. If the investment is sold, withdrawn, or no longer valid, the visa may be revoked.

  • Holders are not permitted to work or engage in employment; the visa is solely for investment residency.

  • Minimum investment amounts and eligible securities are determined by the Ministry of Investment / BKPM and Indonesian Financial Authorities (OJK & Ministry of Finance).

  • Dependents (spouse, children) can apply for Dependent ITAS under the investor’s sponsorship.