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Planning your Retirement in Bali, Indonesia
Living stress-free in paradise
A common dream is retiring to a beautiful tropical country, and Indonesia has made it relatively easy for foreigners looking to retire to Indonesia from their retirement age that’s as low as 55. As a retiree in Bali, not only are you granted multiple entries to and from Indonesia, other benefits include leasing land or property under your name, opening an Indonesian bank account, and applying for a local driver license.
Retiring in Bali, Indonesia offers much ease as certain restaurants, tourist attractions, parks, and even hospitals offer discounts to those with the retirement visa. Although this temporary stay permit has a one-year validity period, it may be extended four times. Following that, you can apply for a retirement KITAP (permanent stay permit) for official residence once you have lived in Bali for five years or more.
*IMPORTANT NOTIFICATION
For the moment only ONSHORE Retirement KITAS applications are accepted by the Indonesian Immigration office (you must be in Indonesia already). You must enter Indonesia with B211A visa in order to change with KITAS Retirement.
How to get a retirement KITAS for Bali?
FAQ - Must-know facts and process details
What are the requirements for a Retirement Visa?
The requirements of getting a Retirement Visa is actually easy and straight forward:
- Your passport must be at least 18 months valid and 6 blank pages
- You are above 55 years old
- You have at least USD 18,000 in your saving account
- You have an international health and life insurance
- You have a lease agreement of a property as your accommodation for at least one year.
- You are willing to employ at least two Indonesians in your accommodation (helper, cook, gardener, etc.)
- Full Covid vaccination certificate
What countries are eligible to apply for retirement in Indonesia?
Only nationals of the countries listed below are currently eligible:
Argentina
Australia
Austria
Bahrain
Belgium
Brazil
Brunei
Bulgaria
Canada
Cyprus
Denmark
Egypt
Estonia
Finland
France
Germany
Greece
Hungary
India
Iran
Ireland
Iceland
Italy
Japan
Kuwait
Liechtenstein
Luxemburg
Malaysia
Maldives
Malta
Monaco
The Netherlands
New Zealand
Norway
Oman
Philippines
Poland
Portugal
Qatar
Russia
Singapore
South Africa
South Korea
Spain
Suriname
Sweden
Switzerland
Taiwan
Thailand
United Arab Emirates
United Kingdom
United States
Can I work with Retirement Visa? Or set up my business in Indonesia?
Unfortunately NO, you cannot work in Bali or set up any business with your Retirement KITAS.
But if you are willing to own or run a business in Bali, you probably want to consider getting an Investor KITAS instead.
Do I have to go to the Immigration Office?
Not for the application Process. You can apply online while you are outside of Indonesia (apply for OFFSHORE KITAS).
But yes, you have to go to the immigration office once. Because as a first step, the government will issue a single entry Visit Visa that you will receive as an e-Visa. Then, once you arrive in Indonesia with this visa, you need to go in person to the appointed Immigration Office to take your photo and scan your fingerprints (biometric) – usually within one month after your arrival. During the pandemic, OFFSHORE KITAS is not available.
After this step, the retirement KITAS will be issued. Then the process is concluded.
Can I bring my family to Indonesia on Retirement Visa?
Generally speaking, the application for the Retirement KITAS will be handled per person.
You and your spouse can both apply for a Retirement KITAS if both of you are qualified and meet all the requirements.
How do I pay after I applied?
We will only send you a bill after we have checked the documents and verified that all is in order and ready to be processed. Then, payment is easy. To save you costs on international banking fees, you can transfer the visa fee to our bank accounts in
- Australia in AUD
- EU in EUR (convenient SEPA transfer). Also works for Norway, Switzerland, Monaco)
- New Zealand in NZD
- Singapore in SGD
- UK in GBP
- USA in USD
Or you can also wire the money directly to our local bank in Indonesia in Indonesian Rupiah (IDR).
The bank details and account numbers for the options above, will be stated on the bill that will be sent to you after your documents are checked and verified.
*IMPORTANT NOTIFICATION
Due to the current covid situation, on short notice, the Indonesian Immigration office can reduced its service hours which could cause delays and which is out of our control unfortunately. We will keep our applicants informed however, about any updates.
Prices for Retirement KITAS
Applying while you are ALREADY IN indonesia (ONshore)
IMPORTANT NOTE: The regulations for getting a retirement KITAS have been adjusted slightly and some further changes will be announced, adding a few more requirements to the process. We expect an increase of the costs of IDR 5mio (USD ca. 360) per application. We will adjust the prices once this is confirmed. But please be aware that that could happen soon or even during your application process.
STANDARD ONSHORE (while in Indonesia)
IDR 17 mio
EXPRESS ONSHORE (While in Indonesia)
IDR 23 mio
We hope we could clarify all the steps and give you the information you needed. If not, you can send us an email to visa@bali.com