Do you or your parents want to retire in the tropical paradise of Indonesia, perhaps in Bali? Then a Retirement KITAS might be what you're looking for. The Retirement KITAS initially allows you to stay in Indonesia for one year and can be extended annually up to a maximum of 5 years. After that, you can apply for a KITAP (Permanent Stay Permit Card), and live in Indonesia indefinitely. A Retirement KITAS is a limited stay permit (KITAS or ITAS) for retirement purposes. The main requirement is that the applicant has sufficient financial resources to retire in Indonesia without needing to work since the Retirement KITAS does not allow the holder to work in Indonesia. In addition, the applicant must provide medical records confirming that they are in good physical and mental health. The full requirements are explained below.
Eligible Countries of Origin
The following 60 nationalities are eligible for the Retirement KITAS:
A – South Africa, USA, Argentina, Australia, Austria
B – Bahrain, Netherlands, Belgium, Brazil, Brunei, Bulgaria
C – Canada, Cyprus
D – Danish
E – Estonia
F – Philippines, Finland
H – Hungary
I – India, United Kingdom, and Northern Ireland, Iran, Ireland, Iceland, Italy
J – Japan, Germany
K – South Korea, Kuwait
L – Liechtenstein, Luxembourg
M – Malaysia, Maldives, Malta, Egypt, Monaco
N – Norway
O – Oman
F – France, Poland, Portugal
Q – Qatar
R – Russia
S – New Zealand, Singapore, Spain, Suriname, Sweden, Switzerland
T – Taiwan, Thailand
U – United Arab Emirates
Y – Greece
The countries that are not eligible are Afghanistan, Guinea, Israel, North Korea, Cameroon, Liberia, Niger, Nigeria, and Somalia.
Miscellaneous Requirements
Be age 55 years or older
Not be planning to work in Indonesia
Have a life and health insurance
Have an Indonesian residence with a minimum rental contract of 12 months
Have a deposit or retirement account with at least USD 18000 for each year you plan to stay in Indonesia
Agree to hire a domestic helper once you receive the KITAS
Retirement KITAS Application Procedure
1. Prepare and present the following documents to MyVISA:
Passport with at least 18 months remaining validity, and at least 6 blank pages
Photocopy of all passport pages
Lease agreement
Photocopy of the bank account with an amount of at least USD 18000 for each year you plan to stay in Indonesia
Photocopy of life insurance and health insurance
Passport photo with red background
Sponsor letter from visa agent
2. Tell MyVISA the Indonesian Embassy in your own country where you would like to pick up the visa. MyVISA will apply for your visa, which you'll then collect from the Indonesian Embassy you chose.
3. Soon after you arrive in Indonesia, MyVISA will help you convert your visa into a Retirement KITAS (Limited Stay Permit Card).
Advantages of a Retirement KITAS:
Retirement KITAS holders enjoy a variety of benefits, including:
You can stay in Indonesia for up to 5 years, with the possibility of applying for permanent residence after that
You to enter and exit Indonesia as much as you want, without having to apply for a new visa
You can open a local bank account
Allowed to rent a plot of land
To get started with your application contact MyVISA today!
GOVISAS Bali is an authorized and official visa agency operated by PT. Bali Terang Bersinar with purpose of building a genuinely remarkable Visa Agency in Indonesia especially Bali.
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