Are You an Eligible Candidate to Get a Retirement Visa in Bali?

Retiring in Bali presents a unique opportunity to transition from a professional life to a leisurely one. Still, it’s not merely packing your bags and hopping on a plane for a vacation. The process involves navigating the intricacies of obtaining a retirement visa in Bali, which, while relatively straightforward, can be time-consuming.

This article delves into the requirements, benefits, and application process for obtaining a retirement visa in Bali, offering insights for those considering this enticing path toward their golden years. So, should you retire in Bali? Let’s explore the possibilities and requirements in detail.

Should You Retire in Bali?

Relocating outside someone’s country of residence to enjoy a pension or savings is not new. Many seek an exotic yet safe place with adequate public facilities and healthcare access.

If you are looking for stunning landscapes, sea or mountains, unique culture, warm climate, and people with a reasonable price tag, look no more. Indonesia – and the island of Bali especially – has it all.

Settle down in Bali is a very different scenario from going for a holiday; this is when the paperwork comes into play. Obtaining a retirement visa in Indonesia is relatively straightforward, yet time-consuming.

Requirements for a Retirement Visa in Bali

InCorp and its specialists are not only ready to help with the entire procedure but to become your sponsor as well.

Currently, only citizens of the following countries are eligible for a retirement visa in Indonesia (Visa Tinggal Terbatas Untuk Wisatawan Lansia Mancanegara Indeks 319):

What are the Requirements for Retirement Visa in Indonesia?

For the visa application to go without a hitch, make sure you meet the following Bali retirement visa requirements:

• 55 years of age or older
• in possession of a passport with more than 18 months remaining validity
• ability to prove pension funds and/or bank deposits of 1,500 USD per month (the total amount of 18,000 USD per year)
• application letter + warranty from the travel agent + business details confirming the business activity of your sponsor/travel agent

What Opportunities Does a Retirement Visa Provide?

A Retirement Visa in Indonesia offers several opportunities for retirees looking to enjoy their golden years there. Here are some of the key advantages:

1. Long-Term Stay

A Retirement Visa allows you to stay in Indonesia for an extended period, typically one year. It’s renewable for multiple years, providing retirees stability and peace of mind.

2. No Work Restrictions

Unlike other visa types, a Retirement Visa doesn’t have work limitations. While you’re not allowed to be employed in Indonesia, you can engage in volunteer work or pursue personal business interests.

3. Property Ownership

As a Retirement Visa holder, you can purchase property in Indonesia to invest in your dream retirement home.

4. Exploring Indonesia

You can freely travel and explore the diverse and beautiful archipelago of Indonesia. Enjoy the stunning landscapes, cultures, and traditions the country offers.

5. Community Integration

Many expat communities and support networks exist in popular retirement destinations in Indonesia, helping you adapt to your new life more easily.

What Documents do You Need to Submit for a Retirement Visa in Bali?

The applicant may have to submit the following:

• Four passport photos
• copy of all passport pages
• health insurance certificate from the country of origin or Indonesia that covers their medical expenses in Bali
• the rental agreement for a property in Bali
• statement to declare the employment of an Indonesian assistant, a household worker, etc., while living in Bali
• statement of not engaging in any business activities or work in Indonesia
• curriculum vitae

What Is the Bali Retirement Visa Application Process?

If you’re considering a Retirement Visa in Bali, Indonesia, here’s an overview of the application process:

1. Eligibility

To be eligible, you must be at least 55 years old and have proof of sufficient financial means to support yourself in Indonesia.

2. Financial Requirements

You’ll need to demonstrate a regular income from a pension, investments, or other sources. The exact financial requirement may vary and should be verified with the Indonesian authorities.

3. Health Insurance

Some regions, like Bali, may require you to have health insurance coverage. Ensure you have adequate coverage as per local regulations.

4. Application Submission

Submit your application to the Indonesian immigration authorities. This often involves completing the necessary forms and providing the required documents, including proof of income, health insurance, and passport-sized photos.

5. Review Process

The immigration authorities will review your application. It’s essential to ensure all documents are accurate and up to date.

6. Interview

You may be required to attend an interview to confirm your eligibility and intentions for staying in Indonesia.

7. Visa Approval

If your application is approved, you’ll receive your Retirement Visa, allowing you to stay in Indonesia for the specified period. It’s essential to maintain compliance with visa requirements during your stay.

8. Renewal

Retirement Visas are typically granted for one year and can be renewed annually if you meet the financial and other requirements.

What are the Benefits of a Retirement Visa in Bali?

The possession of a Temporary Residence Permit (KITAS) for retirement purposes, which is valid for a year and could be extended five times in total, brings advantages and perks that make life in Bali much easier and without the necessity to leave the country for regular renewal of the visa. Here are some Bali retirement visa benefits:

• open a bank account
• get a local driving license
• Obtain MERP (Multiple Exit Re-Permit)
• purchase a vehicle in your name
• get local prices and discounts

Let InCorp Handle Your Retirement Visa Easily

Contact InCorp Indonesia and we will ensure you have all the documents needed. Furthermore, InCorp will act as a so-called “sponsor” and apply on behalf of the applicant at the Indonesian immigration authorities. Once the application is approved, a visa could be picked up at the Indonesian embassy according to the applicant’s country of residence.

Please remember that processing time may differ at each Indonesian embassy or consulate. Therefore, it is essential to allow plenty of time to complete the process.

The visa obtained should be converted into a Temporary Residence Permit (KITAS) after you arrive in Indonesia.

For further information and assistance with all the necessary paperwork related to a retirement KITAS in Bali, please do not hesitate to contact our specialist from InCorp in Jakarta, Semarang, or Bali.