Indonesia, with its rich culture, growing economy, and beautiful landscapes, is an appealing destination for many foreigners. For those planning to stay for an extended period, acquiring the Limited Stay Permit or KITAS can offer numerous advantages.
What Is Benefits of Holding KITAS for Foreigners in Indonesia
The KITAS, or Kartu Izin Tinggal Terbatas, is a temporary residence permit that allows foreigners to live in Indonesia for a specific period, usually up to one year, but it can be extended. One of the key benefits of holding a KITAS is the ability to stay in Indonesia continuously without leaving the country every few months, as required by many other visa types. This provides convenience and stability, especially for those who have relocated to Indonesia for work, business, or retirement.
One of the versions of KITAS that foreigners can apply for is the Investor KITAS. This particular permit is designed for foreign investors who have invested a certain amount of capital in an Indonesian company. The Investor KITAS, just like other types of KITAS, allows holders to reside in Indonesia for a certain period, but it also comes with several other benefits.
The Investor KITAS allows holders to open a local bank account, which can be highly beneficial for managing finances and conducting transactions in the country. In addition, holders of the Investor KITAS can also obtain a local driving license. These benefits make the day-to-day life and operations in Indonesia much easier for foreign investors.
Holders of the Investor KITAS also have the opportunity to apply for a work permit, allowing them to legally work in Indonesia. This makes it an excellent choice for foreign investors intending to be involved in the day-to-day operations of their investment. Moreover, holding an Investor KITAS can make future applications for a Permanent Stay Permit (ITAP) easier, should the investor decide to make Indonesia their permanent home.
In conclusion, the benefits of holding a KITAS, particularly an Investor KITAS, extend beyond just the ability to stay in Indonesia. The added advantages such as opening a bank account, obtaining a local driving license, and the potential for work and permanent residency make it an excellent choice for foreigners looking to reside, work, or invest in Indonesia. As always, it is crucial to engage with an expert or an agency to understand the application process and the requirements to maintain the KITAS, ensuring a smooth stay in Indonesia.