Investor KITAS allows foreign investors to live and work in Indonesia while managing their investments. This special residence permit is designed for those who hold shares in a PT PMA (Foreign Investment Company) and take on key roles as Directors or Commissioners. With clear requirements and a straightforward application process, the Investor KITAS makes it easier to establish a business presence in Indonesia. Understanding its terms, conditions, and required documents is essential for a smooth application process.
Investor KITAS 101
Investor KITAS (E28A) is a residence permit granted to foreign nationals who wish to invest in a company registered as a PT PMA (Foreign Investment Company) in Indonesia. This program allows foreign investors to own shares in an Indonesian company and apply for specific job positions within the company.
Terms and Conditions:
- Minimum Shareholding Requirement: Investors must own shares worth at least IDR 10 billion in a company registered as a PT PMA to apply for an Investor KITAS for the position of Director or Commissioner.
- KITAS Duration: The Investor KITAS is granted for a period of two years, with the possibility of two extensions. After that, the KITAS can be converted into a KITAP (Permanent Stay Permit Card).
- Permitted Activities: Directors and Commissioners holding an Investor KITAS are only allowed to engage in activities related to their positions, in accordance with Indonesian Company Law.
Required Documents:
Company Documents:
- Deed of Establishment and/or Deed of Amendment of the company.
- Ministry of Law and Human Rights Decree and/or Company Amendment Letter.
- Online visa account.
- OSS (Online Single Submission) and the company’s Tax Identification Number (NPWP).
- Company Bank Statement showing a minimum balance of IDR 150 million for the past three months.
Personal Documents:
- Passport with a minimum validity of 30 months.
- Personal Bank Statement showing a minimum balance of USD 2,000 for the past three months.
- Proof of address in Indonesia.
- Recent colored photograph.
- CV (Curriculum Vitae).
- Travel itinerary (if available).
Important Notes:
Investors using an Investor KITAS can only perform activities within the company that align with their roles as Directors or Commissioners, as regulated by Indonesian law.
If you are interested in applying for an Investor KITAS, ensure that the company you are investing in is registered as a PT PMA and meets the required investment conditions.
Simplify Your Investor Journey
An Investor KITAS provides a seamless way to establish and manage your business in Indonesia while enjoying residency benefits. It allows you to focus on growing your company without unnecessary legal hurdles.
Looking to get started? Seven Stones Indonesia is here to guide you through the entire application or renewal process. Our experienced team handles the complexities, from company setup to legal requirements, ensuring a hassle-free experience. Skip the confusion—contact Seven Stones Indonesia today to begin your investment journey with confidence.
