Updated January 13, 2026: The government has reduced the investment thresholds under the Nusantara (IKN) Golden Visa program to USD 5 million for a five-year visa and USD 10 million for a ten-year visa, lowering the capital requirements for qualifying foreign investors. Since implementation, more than 1,000 Golden Visas have been issued under the revised framework. Eligibility for the program is limited to investors affiliated with a prescribed list of international accounting and professional services firms, which can be found here.
September 7, 2023: The Indonesian government has introduced a "golden visa" program that aims to strengthen its economy by attracting foreign nationals and corporate investors. The government announced that this visa will provide residency for five to ten years. To qualify, individual applicants must establish a company in Indonesia with a value of USD 2.5 million for a five-year visa or USD 5 million for a ten-year visa. Employers and corporate investors need to invest USD 25 million (for a five-year visa) or USD 50 million (for a ten-year visa) for their directors and commissioners. Foreign nationals who are not interested in starting a company can alternatively invest in Indonesian government bonds, ranging from USD 350,000 to USD 700,000. Once these foreign nationals arrive in Indonesia with their golden visa, they won't need to apply for any additional permits for authorization to stay or work in the country.
We worked closely with PNB Immigration Law Firm to prepare this alert. This alert is for informational purposes only. If you have any questions, please contact the global immigration professional with whom you work at Fragomen or send an email to [email protected].
Explore more at Fragomen
Fragomen news
Fragomenβs "Immigration Guide for the UK Tech Sector" introduces visa options available for those working and recruiting in the tech sector.
Media mentions
Europe Managing Partner George Koureas highlights the growing role of immigration in shaping global business and managing strategic risks.
Blog post
Senior Associate Tayyaba Karim and Immigration Consultant Khadija Begum examine key UK immigration developments affecting the tech sector at the start of 2026, including higher sponsorship costs, new Skilled Worker English language requirements and emerging policy reforms shaping workforce planning.
Blog post
Assistant Business Immigration Manager Shirley Kock and Senior Business Immigration Consultant Eunice Leo examine why applying early for Singapore permanent residency can strengthen long-term outcomes for foreign professionals and their families amid increasing competition and evolving immigration policies.
Blog post
UK Government Affairs Strategy Director Shuyeb Muquit outlines key passport and documentation considerations for British and Irish dual nationals as the UKβs Electronic Travel Authorisation (ETA) scheme moves into full enforcement from 25 February 2026, warning that failure to carry proof of British or Irish citizenship may result in boarding delays or refusal.
Media mentions
Senior Manager GΓ©raldine RenaudiΓ¨re highlights how evolving policies and growing talent visa programs are shaping Franceβs immigration landscape.
Video
Senior Immigration Consultant Adriana Martinez Garro outlines the main visa and residency options available in Costa Rica, offering a practical overview for visitors, remote workers, retirees, investors and families exploring short- or long-term pathways.
Awards
Managing Partner Nadine Goldfoot and Senior Counsel David Crawford are recognized in Uglobal Immigration Magazineβs 2025 Top 25 Global Migration Attorneys list.
Media mentions
Partner Karolina Schiffter addresses the rise in Polish citizenship refusals and the impact of automated decision-making on individual cases.
Blog post
Manager Adam Hickling, Senior Associate Veronica Ciocea and Immigration Consultant Daisy Dale analyse the UK governmentβs A Fairer Pathway to Settlement consultation and its potential implications for the aviation sector, including proposed changes to Indefinite Leave to Remain, settlement timelines and dependant eligibility.
Media mentions
Partner Parisa Karaahmet discusses how recent US immigration policy changes, including potential impacts on the H-1B lottery, are shaping employer planning.
Fragomen news
Fragomenβs "Immigration Guide for the UK Tech Sector" introduces visa options available for those working and recruiting in the tech sector.
Media mentions
Europe Managing Partner George Koureas highlights the growing role of immigration in shaping global business and managing strategic risks.
Blog post
Senior Associate Tayyaba Karim and Immigration Consultant Khadija Begum examine key UK immigration developments affecting the tech sector at the start of 2026, including higher sponsorship costs, new Skilled Worker English language requirements and emerging policy reforms shaping workforce planning.
Blog post
Assistant Business Immigration Manager Shirley Kock and Senior Business Immigration Consultant Eunice Leo examine why applying early for Singapore permanent residency can strengthen long-term outcomes for foreign professionals and their families amid increasing competition and evolving immigration policies.
Blog post
UK Government Affairs Strategy Director Shuyeb Muquit outlines key passport and documentation considerations for British and Irish dual nationals as the UKβs Electronic Travel Authorisation (ETA) scheme moves into full enforcement from 25 February 2026, warning that failure to carry proof of British or Irish citizenship may result in boarding delays or refusal.
Media mentions
Senior Manager GΓ©raldine RenaudiΓ¨re highlights how evolving policies and growing talent visa programs are shaping Franceβs immigration landscape.
Video
Senior Immigration Consultant Adriana Martinez Garro outlines the main visa and residency options available in Costa Rica, offering a practical overview for visitors, remote workers, retirees, investors and families exploring short- or long-term pathways.
Awards
Managing Partner Nadine Goldfoot and Senior Counsel David Crawford are recognized in Uglobal Immigration Magazineβs 2025 Top 25 Global Migration Attorneys list.
Media mentions
Partner Karolina Schiffter addresses the rise in Polish citizenship refusals and the impact of automated decision-making on individual cases.
Blog post
Manager Adam Hickling, Senior Associate Veronica Ciocea and Immigration Consultant Daisy Dale analyse the UK governmentβs A Fairer Pathway to Settlement consultation and its potential implications for the aviation sector, including proposed changes to Indefinite Leave to Remain, settlement timelines and dependant eligibility.
Media mentions
Partner Parisa Karaahmet discusses how recent US immigration policy changes, including potential impacts on the H-1B lottery, are shaping employer planning.