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Silver Hair Visa Indonesia
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Silver Hair Visa Indonesia – Who is it for and what are the benefits
The Silver Hair Visa, recently introduced by Indonesian Immigration, is specifically designed to cater to retirement-age tourists seeking a peaceful retirement in Indonesia. To be eligible for this visa, applicants must be at least 55 years of age and deposit funds into a designated state-owned bank account to meet the required financial threshold.
This golden visa category aims to attract tourists seeking extended stays in Indonesia, allowing them to remain in the country for up to 5 years. Whether it’s an individual investment or a corporate venture, holders of the Silver Hair Visa may freely depart and re-enter Indonesia during the validity of their visa.
Foreigners can use this VISA for:
- Live in Indonesia.
- Travel to and from Indonesia as many times as you want.
After the Visa is issued, you must report accounts in state-owned banks to the immigration office within 90 days after the date of entry. Also, you must be financially sufficient during your stay in Indonesia. This type of visa targets to increase Indonesia’s investing power, thus USD 50,000 must be invested in a state-owned bank account.
However, for foreigners who cannot meet the requirements to invest in a state-owned bank account, we have another option you can consider applying, namely Retirement KITAS for foreigners who are at least 60 years old.
Benefits of the Silver Hair Visa
- The Silver Hair Visa allows you to stay in Indonesia for up to five years, with the possibility of renewal.
- You can leave and re-enter Indonesia as many times as you want during your visa's validity period.
- Please note that this visa does not permit you to work in Indonesia.
Other Types of Silver hair Visa Indonesia
If you don’t meet the requirements for the Silver Hair Visa, there are other Golden Visa categories available in Indonesia, including those for investors and entrepreneurs.
Steps to get your Silver Hair Visa Indonesia
- Prepare and provide all the requirements. Lets Move Indonesia can help to navigate the right documents you need to provide to avoid the complexity.
- Submit all the documents to the Indonesian Immigration website
- The approval will be sent to you via e-mail
- The Golden Visa will be sent to your email and can be used to enter Indonesia.
Common Questions About Indonesia’s Silver hair Visa
How long do I have to enter Indonesia after my visa is issued?
You must enter Indonesia within 90 days of your Silver Hair Visa being issued.
Do I get a refund if my visa application is rejected?
Please consult with a visa consultant for detailed information on refund policies regarding rejected applications.
What is the difference between a Silver Hair Visa and a Retirement KITAS?
While both visas cater to retirees, the Silver Hair Visa is a new type of Golden Visa with specific requirements and benefits. A Retirement KITAS is another option for foreigners aged 60 and above who may not meet the investment criteria for the Silver Hair Visa.
What happens if I don't submit proof of deposit to the immigration office within 90 days?
It’s crucial to submit your proof of deposit within the stipulated timeframe. Failure to do so may result in complications with your visa status.
Do I need to buy a house if I stay with this Visa?
No, purchasing a house is not a requirement for the Silver Hair Visa. You can choose to rent or purchase property based on your preferences and budget.
Requirements
- Scan a copy of your Passport that is valid for at least 12 months
- Bank statement with a minimum amount of USD 2,000 or equivalent
- A recent Photograph with passport size (4×6)
- Curriculum Vitae
- Travel Itinerary (if any)
- Statement of commitment that the applicant will deposit funds in an account in his/her own name worth at least US$50,000 (fifty thousand US dollars) in a state-owned bank.
- Proof of income or benefits with a minimum value of US$3,000 (three thousand US Dollars) per month
Want to know more about similar Visa options? Check out some of the other Indonesia Visas below:
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