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Indonesia's golden visa scheme generates investments worth $3.7b
The Straits Times
|September 29, 2025
Indonesia has generated 48 trillion rupiah (S$3.7 billion) worth of investments in connection with the issuance of the golden visa, a special residency permit introduced in 2024 to attract foreign investors to the country.
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According to the Directorate General of Immigration, 1,012 golden visas have been issued as at Sept 23, reflecting the "international community's confidence in Indonesia's investment climate".
Acting immigration director-general Yuldi Yusman reported that the visa contributed 12.96 billion rupiah in non-tax state revenue.
"The Indonesian golden visa, one of the Directorate General of Immigration's flagship programmes, is intended to support national economic growth," he was quoted as saying in a press release published on Sept 25.
Foreign companies establishing subsidiaries in Indonesia account for the lion's share of the investments at 46.5 trillion rupiah. Personal investors contributed 249.3 billion rupiah, and other golden visa recipients 1.45 trillion rupiah.
The visa recipients originated from 61 countries.
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