reader Posted August 23, 2023 Posted August 23, 2023 From MSN Sun, sea, surf and serenity are only a few of the things associated with Bali, Indonesia's touristic haven and coveted second-home destination. While hordes of expatriates and digital nomads have relocated to the province, long-term visa processes can often be convoluted and difficult to navigate. Now, Indonesia is aiming to simplify its immigration policies in a bid to promote foreign investment and attract more entrepreneurial and business-minded people to the country. This includes a golden visa initiative, which was announced during the G20 Bali summit last year and is due to launch before the end of the year. The new residency-by-investment visa has been created to attract international talent in sectors including health, research and technology. It is part of a goal to generate 4.4 million new jobs in the country's creative industries by next year, and was created with Bali in mind. The programme will be available to applicants with a five or 10-year validity and offer a range of benefits, including the right to own property in Bali. Other benefits reportedly include multiple entries into Indonesia, faster and easier processes for visas, plus a fast track for citizenship applications, if that is also of interest in future. The full terms of the programme are still being finalised. Continues at https://www.msn.com/en-ae/news/other/what-to-know-about-balis-new-golden-visa-programme/ar-AA1fE0Rr tm_nyc, alvnv, eurasian and 1 other 3 1 Quote
