[Levin]

UPDATED 10 HOURS AGO


JAKARTA - Indonesia is introducing a golden visa scheme to attract foreign individual and corporate investors in an attempt to boost its national economy, a statement from the Ministry of Law and Human Rights distributed on Sunday said.

“The golden visa is granting a residence permit for an extended period of five to 10 years," director-general of immigration Silmy Karim said in the statement.

The five-year visa requires individual investors to set up a company worth US$2.5 million (S$3.4 million), while for the 10-year visa, a US$5 million investment is required.

Other countries around the world, including the United States, Ireland, New Zealand and Spain, have introduced similar golden visas for investors, seeking to attract capital and entrepreneurial residents.


https://www.straitstimes.com/asia/indone...-investors

[red3]

Huat ah

[p1acebo]

And best chance for them to rape women fairer than their own kind, and get paid some more too 

Huat Ahhh!!!

[sgbuffett]

I think they are better off to improve other areas rather than use such incentives.

If someone moves uS$5M to Indonesia there has to be something attractive to invest in to make return....if there is a good investment money will come regardless