Bali Second Home Visa: an alternative to buying for long-term living

Not everyone who wants to live on Bali long-term needs to buy property. The Second Home Visa grants the right to stay in the country for 5 or 10 years without a local employer-sponsor. Here is who it suits and how it differs from buying. What it is. A long-term visa / stay permit for well-funded foreigners, launched by Indonesia's immigration service in October 2022 (part of the E33 visa family). It allows long residence with no tie to a job or company. Core requirements: — stay of 5 or 10 years; — proof of funds — a deposit of at least IDR 2 billion (about USD 130,000) in an Indonesian bank account; as an alternative — ownership of qualifying property in Indonesia (at a high price threshold); — no employer-sponsor required; — a government fee of IDR 3 million to apply. What you can and cannot do: — allowed: residence, study, investment; — not allowed: working in employment in Indonesia — it is not a work visa. How it differs from other routes: — an investor KITAS requires setting up a PT PMA company and running a business; the Second Home Visa requires only a "parked" deposit (or property) but does not allow running an operating business; — it is not a tourist visa and not a digital-nomad visa — remote workers have a separate KITAS (E33G) with different terms. Link to property. The Second Home Visa gives legal residency, which is the condition under which a foreigner can hold a Hak Pakai (right-to-use) title in their own name. So a long visa and a purchase via Hak Pakai can work together (more in our leasehold-vs-freehold article). Who it suits: — you want to live on Bali for 5–10 years but aren't ready to set up a company or buy property right now; — you have capital you can "freeze" on deposit; — you want a stable status without annual KITAS renewals. Important: immigration periodically changes the exact amounts, bank requirements and document list. Before applying, check the official imigrasi.go.id — not blogs. Sources: — Ditjen Imigrasi, Second Home Visa launch press release (25 Oct 2022): https://www.imigrasi.go.id/siaran_pers/2022/10/25/siaran-pers-ditjen-imigrasi-resmi-luncurkan-aturan-second-home-visa — Indonesia Immigration: https://www.imigrasi.go.id/