Golden Visa – a longer stay for qualified foreigners // Employment and Incentives

2023-10-05

This podcast series is curated by our formal association firm in Indonesia, Widyawan & Partners. Episode 2: Regulatory Developments in Indonesia – a Multi-Sectoral Highlight In an effort to attract inflows of foreign talents to Indonesia, the Indonesian government has issued Government Regulation No.40 of 2023 (“GR 40”) which further amended the implementing regulation of the Immigration Law and Minister of Law and Human Rights Regulation No.22 of 2023 on Visa and Stay Permit (“Gol...

This podcast series is curated by our formal association firm in Indonesia, Widyawan & Partners.

Episode 2: Regulatory Developments in Indonesia – a Multi-Sectoral Highlight

In an effort to attract inflows of foreign talents to Indonesia, the Indonesian government has issued Government Regulation No.40 of 2023 (“GR 40”) which further amended the implementing regulation of the Immigration Law and Minister of Law and Human Rights Regulation No.22 of 2023 on Visa and Stay Permit (“Golden Visa Regulation”). Among the numerous amendments made, it includes provisions that allow the issuance of temporary stay permits up to 10 years, dubbed the “Golden Visa” for individual investors and the foreign directors and commissioners of companies investing in Indonesia. In this episode, our employment and incentives partner, Narendra Adiyasa and managing associate, David Siagian will discuss key regulatory amendments under the Golden Visa Regulation, and how these changes can potentially change the landscape for expatriates’ mobility within Indonesia.

To listen to all episodes in this series, visit our Regulatory Developments in Indonesia – a Multi-Sectoral Highlight.

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