Retirement visas are intended for foreigners over 55 years of age who retire from work and wish to live in Indonesia in locations such as Bali, Yogyakarta, Jakarta, etc.
Understanding the Retirement Visa & KITAS in Indonesia
The Retirement Visa (Visa Lansia) in Indonesia is designed for foreign nationals aged 55 and older who wish to spend their retirement in the country. This visa allows retirees to live in Indonesia and obtain a Retirement KITAS (Limited Stay Permit), granting the right to reside in Indonesia on a yearly renewable basis without working. The retirement visa is popular among expatriates due to Indonesia’s favorable cost of living, warm climate, and welcoming culture.
Eligibility Criteria
To be eligible for a Retirement KITAS, applicants must meet the following conditions:
- Age Requirement: Applicants must be at least 55 years old.
- Financial Proof: Applicants need to provide proof of sufficient income or funds to support themselves in Indonesia without needing employment, usually in the form of pension statements or other regular income.
- Insurance Coverage: Health and life insurance policies valid in Indonesia are mandatory.
- Accommodation: Applicants are required to have a rental or ownership agreement for a place of residence in Indonesia.
Required Documents
Key documents needed for the application include:
- Passport with at least 18 months of validity.
- Proof of Income: Pension or retirement statements showing a minimum income requirement, typically set by Indonesian immigration.
- Insurance Documents: Health and life insurance coverage applicable in Indonesia.
- Residential Agreement: Proof of a lease agreement or ownership deed of a property in Indonesia.
Benefits of a Retirement KITAS
The Retirement KITAS allows holders to:
- Legally reside in Indonesia with annual renewals.
- Freely travel in and out of Indonesia without requiring a re-entry permit.
- Access certain services and privileges, such as obtaining local IDs (KTP-OA) and a driver’s license.