How to Obtain an Investor KITAS in Bali – A Comprehensive Guide with Bali Visa Online
Bali has become a magnet for investors, entrepreneurs, and business professionals from around the world due to its booming tourism industry, business opportunities, and overall quality of life. For those looking to invest or start a business in Bali, the Investor KITAS (Temporary Stay Permit) is an essential visa that allows you to legally live and run a business in Indonesia. With an Investor KITAS, you can not only manage your business but also enjoy an extended stay in the island paradise.
At Bali Visa Online, we provide expert services to guide you through the application process for the Investor KITAS, ensuring you meet all the legal requirements and have a smooth experience.
What is an Investor KITAS?
The Investor KITAS is a visa issued to foreign nationals who have invested in a company registered in Indonesia. This visa allows you to live in Indonesia, manage your business, and carry out investment-related activities. Unlike the Work KITAS, the Investor KITAS is specifically designed for those who hold substantial shares in an Indonesian company and wish to be involved in the day-to-day management and operations of their business.
Key Features of the Investor KITAS:
- Validity: Typically valid for 1 to 2 years and can be renewed annually.
- No Work Permit Required: Unlike other visa types, the Investor KITAS does not require a separate work permit (IMTA), provided you hold a minimum share of the company.
- Tax Advantages: Investors holding an Investor KITAS are often eligible for tax benefits, depending on their business structure and revenue.
- Renewability: The visa can be renewed for long-term stays, making it an ideal solution for those committed to building their business in Bali.
The Investor KITAS is a great option for those who plan to make substantial investments in Bali’s growing business sectors, such as tourism, real estate, retail, and hospitality.
Eligibility Criteria for the Investor KITAS
To qualify for an Investor KITAS, you must meet specific eligibility requirements that are based on your role as an investor in an Indonesian company. The Indonesian government has set clear guidelines to ensure that this visa is reserved for genuine investors who contribute to the local economy.
Key Eligibility Requirements:
- Minimum Shareholding: You must own at least Rp 1 billion in shares in an Indonesian company to qualify for an Investor KITAS. This requirement applies to both newly established companies and existing businesses.
- Company Structure: The company must be registered as a PMA (Foreign Investment Company) under Indonesian law. A PMA company allows foreign nationals to invest and own shares in the business.
- Role in the Company: You must hold a senior management or directorial role within the company, such as a Director or Commissioner, and be involved in the business’s day-to-day operations.
- Company Capital Requirements: The total paid-up capital of the company must be at least Rp 10 billion to qualify for the Investor KITAS. This ensures that the company has substantial financial backing and meets the government’s investment requirements.
At Bali Visa Online, we assist in ensuring that your company meets all the eligibility requirements for applying for an Investor KITAS.
Types of Investor KITAS Available in Bali
There are two main types of Investor KITAS, depending on your level of involvement in the company and how frequently you intend to stay in Indonesia. Each type has its own specific requirements and benefits, allowing investors to choose the option that best suits their needs.
1. Investor KITAS Without Work Permit (IMTA)
This type of Investor KITAS is for those who hold substantial shares in an Indonesian company but do not actively work in the business on a daily basis. The advantage of this visa is that it does not require a separate Work Permit (IMTA), which simplifies the application process and reduces costs.
- Eligibility: Must own at least Rp 1 billion in shares and hold a senior position in the company.
- Validity: 1 to 2 years, renewable annually.
- Benefits: Allows you to live in Indonesia without the need for a work permit, making it a more streamlined option for investors.
2. Investor KITAS With Work Permit (IMTA)
This option is for investors who are more hands-on in the business operations and require a work permit to legally perform daily business activities in Indonesia. The Work KITAS with IMTA is necessary if you plan to take an active role in managing employees, handling business operations, or performing other job duties within the company.
- Eligibility: Must meet the company’s shareholding requirements and obtain an IMTA.
- Validity: 1 year, renewable annually.
- Benefits: Provides full legal working rights in Indonesia, allowing you to actively manage and work in your business.
Required Documents for Investor KITAS Application
The Investor KITAS application process involves submitting a series of documents to the Indonesian Immigration Office. Ensuring that your application is complete and meets all the necessary legal requirements is essential to avoid delays or rejection.
Key Documents Required:
- Valid Passport: Your passport must be valid for at least 18 months beyond your planned stay in Indonesia.
- Company Documents: These include the company’s Deed of Establishment, Business License (NIB), Company Registration (SIUP), and Tax Identification Number (NPWP).
- Shareholding Documents: Proof that you hold at least Rp 1 billion in shares in the company. This is usually provided through a Shareholders Agreement or company shareholding documents.
- Domicile Letter: A letter confirming the company’s registered address in Indonesia.
- Personal Documents: Passport photos, a personal CV, and a copy of your marriage certificate (if applicable).
- Health Insurance: Proof of valid health insurance that covers your stay in Indonesia.
At Bali Visa Online, we help you prepare all required documents, review them for accuracy, and handle the submission process with the Indonesian Immigration Office.
Step-by-Step Process to Apply for the Investor KITAS
Applying for an Investor KITAS involves several steps, from preparing documents to final approval by immigration authorities. At Bali Visa Online, we simplify the process by guiding you through each step, ensuring your application is processed quickly and efficiently.
Step 1: Initial Consultation and Eligibility Check
The first step is to contact Bali Visa Online for an initial consultation. During this phase, we’ll assess your eligibility for the Investor KITAS, review your company’s structure, and ensure all investment requirements are met.
Step 2: Document Preparation
Once we’ve confirmed your eligibility, we’ll assist you in gathering all necessary documents, including company documents, proof of shareholding, and your personal identification. Ensuring that these documents are complete and accurate is key to a successful application.
Step 3: Submission to Immigration
We handle the entire submission process on your behalf, ensuring that your application is filed correctly with the Indonesian Immigration Office. Our team stays in close contact with immigration authorities to monitor the progress of your application and resolve any issues that may arise.
Step 4: Visa Approval and Issuance
Once your Investor KITAS is approved, you’ll receive notification of your visa status, and we’ll provide instructions for visa collection or delivery. The approval process typically takes 4-6 weeks, but this can vary depending on the volume of applications at the time.
Step 5: Annual Renewal (if applicable)
The Investor KITAS is renewable on an annual basis. We will remind you when it’s time to renew and assist with preparing the necessary documents to ensure a seamless extension of your visa.
Benefits of the Investor KITAS
Obtaining an Investor KITAS comes with several benefits, particularly for those looking to establish a business or make long-term investments in Bali.
1. Extended Stay
With an Investor KITAS, you can live in Bali for up to 2 years at a time, with the option to renew annually. This provides you with stability and the flexibility to manage your business without constantly leaving the country to renew your visa.
2. No Work Permit Requirement
For investors who are not involved in day-to-day operations, the Investor KITAS offers the advantage of not requiring a work permit. This simplifies the process and lowers costs, making it easier to focus on growing your business.
3. Tax Advantages
Depending on your company structure and level of investment, holding an Investor KITAS may make you eligible for tax benefits, allowing you to optimize your business’s financial position.
4. Family Inclusion
Investor KITAS holders can also sponsor their spouse and children to live in Indonesia with them, making it a convenient option for investors with families.
Why Choose Bali Visa Online for Your Investor KITAS Application?
At Bali Visa Online, we are dedicated to providing fast, reliable, and professional visa services to help you obtain your Investor KITAS with ease. Our experienced team has extensive knowledge of Indonesian immigration laws and regulations, ensuring that your application meets all requirements.
Benefits of Working with Bali Visa Online:
- Expert Guidance: We navigate the complexities of Indonesian immigration laws to ensure your application is accurate and compliant.
- Comprehensive Support: From document preparation to visa submission and follow-up, we handle every aspect of your Investor KITAS application.
- Fast Processing: We work to expedite your application, minimizing delays and ensuring you receive your visa as quickly as possible.
- Long-Term Partnership: We assist with renewals, extensions, and any immigration issues that arise during your stay in Indonesia.