Travel

Get Bali Visa For 10 Years

Get Bali Visa For 10 Years

Get Bali Visa For 10 Years. Indonesia has entered the race to attract wealthy global citizens for long-term stays. They are seeking to bolster Southeast Asia’s largest economy with a focus on its trump card: Bali.

The country is offering “second home” visas for five years and 10 years to those with at least 2 billion rupiah ($130,000 or ₹ 1 crore) in their bank accounts, according to a new regulation issued on Tuesday. The policy takes effect on Christmas, or 60 days after the issuance of the new rule.

“This is a non-fiscal incentive for certain foreigners to make a positive contribution to the Indonesian economy,” said Acting Director General for Immigration Widodo Ekatjahjana during a launch ceremony in the resort island.

Costa Rica And Mexico also offering long term stay

Indonesia adds to a list of countries from Costa Rica to Mexico offering long-term stays. This scheme is to lure professionals, retirees and other affluent people. All are seeking to tap into a growing demand for migration options.  Nomads look to use their newfound freedom after the pandemic to keep doing their job remotely.

Indonesia floated plans for a digital nomad visa in 2021, focused on attracting visitors to Bali. It is the nation’s top destination for international holidaymakers a major source of foreign-currency earnings.

The planning of the send off corresponds with the sharp bounce back in vacationer appearances to Indonesia as carriers like Garuda Indonesia continue worldwide flights. The forthcoming G-20 Culmination in Bali in November is supposed to put the worldwide focus on the island on top of acquiring a huge number of representatives.

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