Indonesia's 10-year visa set to launch by next month

"We want to make sure that the Golden Visa offer is attractive for tourists to stay longer in Indonesia," said Minister for Tourism and Creative Economies Sandiaga Uno at a press conference this week.

He said immigration authorities are working to ensure that the requirements are "watertight."

Indonesian authorities initially planned to launch the 10-year visa program this month to boost its economy.

It will be the second visa initiative the Indonesian government has launched in recent times, after previously introducing a second home visa program in October last year.

That initiative allows foreigners to apply for a stay permit of up to 10 years, if they have an existing visa and provide proof of funds of either Rp 2 billion (US$130,800) in a personal Indonesian bank account, or proof of ownership of a luxury property in the country.