Silmy Karim, the Director General of Immigration in Indonesia, recently unveiled a new visa to simplify the process for expatriates in Indonesia, allowing them to switch between visa types without leaving the country.
The Directorate General of Immigration, under the Ministry of Law and Human Rights, launched this visa as part of the Transitional Residence Permit policy. Officially known as the Bridging Visa, it connects expiring and new residence permits for international residents.
The policy, enacted through the Minister of Law and Human Rights Regulation Number 11 of 2024, began on April 1, 2024. It significantly eases the process for foreigners, enabling those with Visit Stay Permits or expiring permits, including Limited Stay Permits and Permanent Stay Permits, to obtain new documentation without leaving Indonesia.
This change marks a substantial relief from the previously cumbersome and uncertain process of reapplying from abroad. Karim pointed out that eligible foreigners can now apply online for a Limited Stay Permit through the website https://molina.imigrasi.go.id, without having to exit the country.
The Transitional Stay Permit, valid for 60 days, saves expatriates time, money, and effort by reducing the logistical challenges associated with visa renewals. Applicants must apply for the permit via the designated website at least three days before their current visa expires to avoid penalties.
Karim is optimistic about the policy, believing it will increase legal certainty for foreigners and enhance the efficiency of immigration processes, potentially boosting international confidence in Indonesia’s immigration systems.
The Indonesian Immigration Authority also warns tourists about the severe penalties for overstaying visas and advises them to check their visa expiration dates upon arrival. The Transitional Visa covers specific visa types, including the Golden Visa and some student visas, unlike visa-on-arrival and most socio-cultural visas.
With these new visa policies, now is an opportune time for expatriates to invest in Bali's real estate market. Bali offers a range of properties, from luxurious villas to charming beachfront cottages, providing comfort and a potential high return on investment. This vibrant market, with steadily increasing values, presents a prime opportunity for long-term investment.
To tap into this opportunity, prospective buyers should consult reputable local real estate agents. These agents can assist in navigating the market, ensuring buyers find properties that meet their preferences and budget, thus making a wise investment in Bali's inviting culture and scenic environment.
Comments
Post a Comment