He "has an international reputation and may bring benefits to Indonesia," U.S. magazine Time quoted Indonesian immigration director general Silmy Karim as saying in a statement.
Besides the stay, he will also enjoy priority security screening at airports and easier entry and exit processes.
Indonesia last week launched its Golden Visa program, allowing holders to own a residence permit for a period of five to 10 years.
The five-year program requires individual investors to set up a company worth US$2.5 million and the 10-year program $5 million.