The Bali Golden Visa E28B is Indonesia’s 5- or 10-year investor stay permit for foreigners who establish a company in Indonesia and meet specific capital and income thresholds. It gives you long-term residency, multiple entry, the right to run your business, and a smoother path towards KITAP – without endless annual visa renewals.
What Exactly Is the Bali Golden Visa E28B?
Indonesia’s Golden Visa framework is split into several sub-categories. E28B is the “investor – company establishment” track: you set up a PT PMA (foreign-owned company) in Indonesia and commit a defined minimum capital, in exchange for a 5- or 10-year stay permit tied to that investment.[3][4][8]
If you are searching for bali golden visa e28b requirements, you are essentially asking: “What company size and personal profile do I need to qualify for long-term residency through my own Indonesian company?” Let’s unpack that with 2026 figures.
E28B vs E33B – Key Golden Visa Difference
Before we get into numbers, you need to understand the e28b vs e33b golden visa difference, because people mix them up constantly.
- E28B – Investor (Company Establishment)
You obtain residency by founding and capitalising a PT PMA in Indonesia. The visa is tied to the investment value of that company.[3][4][8] - E33B – Investor (No Company, Financial Assets Only)
You obtain residency by investing in government bonds, IDX-listed shares, mutual funds, or deposits, without setting up an operating company.[1][3][4][5]
So if your main search is minimum investment for bali golden visa without company, you are looking at the E33B route – not E28B. For E28B, you must be ready to incorporate and fund a PT PMA.
2026 Investment Thresholds for E28B (Company Track)
By 2026, the Golden Visa company track has settled into two clear tiers.[3][4]
- 5-year E28B Golden Visa – Individual Founder
You establish a PT PMA with a minimum placed capital of around USD 2,500,000 (≈ IDR 43–44 billion).[3][4] - 10-year E28B Golden Visa – Individual Founder
You establish a PT PMA with at least USD 5,000,000 (≈ IDR 86–87 billion) in placed capital.[3][4]
There is also a “corporate” or “multinational” track where the parent company abroad invests more and the directors/commissioners in Indonesia receive the Golden Visa:[3][4]
- 5-year E28B – Corporate Executives: minimum corporate investment ≈ USD 25,000,000 (IDR 380–435 billion).
- 10-year E28B – Corporate Executives: minimum ≈ USD 50,000,000 (IDR 760–870 billion).
These figures answer the “who is eligible for Indonesia Golden Visa 5 year” question for the company track: serious investors only. E28B is not a light “test the waters” visa – it is for founders committing multi-million dollar capital to Indonesia.
Minimum Investment for Bali Golden Visa Without Company
Although this article focuses on E28B, many readers ask about the minimum investment for bali golden visa without company. That is the individual financial asset track (E33B):[3][4][5][7]
- 5-year Golden Visa (E33B): at least USD 350,000 in Indonesian government bonds, IDX shares, mutual funds, or qualifying savings/deposits.
- 10-year Golden Visa (E33B): at least USD 700,000 in the same categories.
So broadly:
- E28B: higher thresholds but gives you an operating company and investor status.
- E33B: lower thresholds, pure investment in financial assets; no company setup required.
Who Is Eligible for Indonesia Golden Visa (5-Year) – E28B Profile
Let’s translate the law into human terms. To satisfy golden visa indonesia eligibility for digital nomads, entrepreneurs, or investors under E28B, you generally need to tick the following boxes:[3][4][8]
- Clean background: no serious criminal record, no major immigration violations.
- Valid passport with sufficient validity (typically 12+ months for a 5-year case to be accepted smoothly).
- Proof of investment capacity to fund the PT PMA at the level stated above (USD 2.5M or 5M).
- Business plan and company scope aligned with Indonesia’s “positive investment list”.
- Health insurance covering your stay in Indonesia.[1][3]
For the “who is eligible for Indonesia Golden Visa 5 year” specifically:
- Founders with USD 2.5M capital for a PT PMA (E28B), or
- Individuals with USD 350k in qualifying financial assets (E33B).
Age Limit, Retirees & Digital Nomads: Can You Qualify?
Bali Golden Visa Age Limit
Indonesia does not publish a strict bali golden visa age limit such as “under 60” or “over 25”.[3][4] In practice, the key is capacity to invest and the credibility of your application:
- 21+ with real capital and clear business case is generally workable.
- Applicants above typical “working age” can still qualify if they meet the investment and income conditions.
Can Retirees Qualify for Bali Golden Visa?
The question “can retirees qualify for bali golden visa” comes up daily in my inbox. If you can genuinely meet the investment and income requirement for Bali Golden Visa, age is secondary.[1][3]
For more typical retirees (USD 1–2k/month income, no desire to invest hundreds of thousands), the dedicated Retirement KITAS is usually the better fit. However, high-net-worth retirees with substantial assets can absolutely use either:
- E28B – by establishing a PT PMA (often for villa rentals, consulting, or family office structures), or
- E33B – by placing funds into bonds/shares/deposits for pure residency.
Golden Visa Indonesia Eligibility for Digital Nomads & Global Talent
Another hot topic is golden visa indonesia eligibility for digital nomads and golden visa indonesia requirements for global talent. The Golden Visa regulations carve out room for “special skills” and “international reputational value” – but in practice, in 2026, the clearest routes are still:
- Investment-based Golden Visa (E28B/E33B) for high-earning nomads who want a long-term base with serious commitment.[3][4][6]
- Other stay permits (B211, Digital Nomad-style arrangements, or later KITAS) for location-independent workers with smaller budgets.[2]
If you are a high-profile founder, C-level, or globally recognised expert, we can often frame your profile under the “global talent” contribution provisions while still using an investment structure – but this is where our concierge service becomes valuable.
Income Requirement for Bali Golden Visa
On top of the investment, there is usually an income requirement for Bali Golden Visa to show you will not be a financial burden on Indonesia.
Under current practice, authorities expect proof of either:
- Regular overseas income – often quoted in the USD 3,000–5,000 per month range, or
- Significant savings that reasonably cover the full 5- or 10-year stay.[1][3]
The exact figure can vary between the company and non-company routes, and officers sometimes adjust expectations based on your age, dependants, and business model. When I pre-screen clients, I look not only at salary, but also at dividend income, portfolio income, and cash reserves – because the immigration officer will too.
Do I Need a Sponsor for Bali Golden Visa?
The classic B211 visitor visa and older KITAS types were sponsor-dependent: you needed an Indonesian company or citizen as your guarantor. The Golden Visa changes that dynamic.
So, do i need a sponsor for bali golden visa? For the E28B and E33B categories, your investment and/or PT PMA essentially replaces the traditional sponsor function.[3][4][8] You still work with a licensed Indonesian visa agency (like us) to file the application, but you are not relying on an employer sponsor to keep your status alive.
Documentation Checklist (E28B)
Here is what a clean E28B investor case normally includes in 2026:
- Passport valid at least 12 months.
- Recent bank statements or asset proof covering the required investment.
- Incorporation documents for the PT PMA (or draft, if we are applying in parallel).
- Signed statement of investment commitment and business plan.[3][4]
- Police clearance from your home country.
- Health insurance for the full period of stay.[1]
- Proof of overseas income and/or savings at the expected threshold.
Once approved, you enter Indonesia, your e-Visa is activated, and you normally have up to 90 days to finalise the investment and report it to immigration, otherwise the visa can be cancelled.[1][3][4]
Costs & Timelines
The state fees for Golden Visas are significantly higher than regular KITAS products, and the application itself is more document-heavy. If you are still at the budgeting stage, read this breakdown next: Exact Cost of Bali Golden Visa in 2026 (Government Fees, Agent Fees, Hidden Costs).
As a rule of thumb:
- Processing time: roughly 2–3 months from a complete file to approval, assuming no red flags.[1][3]
- Government fees: several thousand USD per person for 5 or 10 years (separate from your investment).
- Agent fees: vary depending on whether we are also incorporating the PT PMA, handling dependants, and coordinating investment documentation.
FAQ – Bali Golden Visa E28B (2026)
1. Is the Golden Visa the same as a KITAS?
The Golden Visa is technically a long-stay residence visa and stay permit that replaces the need for annual KITAS renewals. In day-to-day life, you will experience it like a “super-charged KITAS” with 5- or 10-year validity and fewer renewal headaches.[3][4][6]
2. Can I bring my spouse and children?
Yes. Once you qualify as the primary E28B investor, your spouse and unmarried children under 18 can obtain dependent stay permits linked to your Golden Visa, so the whole family can live in Bali together.[3]
3. Can I work in Indonesia on the Golden Visa?
As an E28B investor, you can legally manage and derive income from your PT PMA. Operational roles for other family members may still require proper work arrangements under the company, which we structure on a case-by-case basis with your notary and tax advisor.
Next Steps – Talk to a Human, Not a Form
If you are still weighing up E28B vs E33B, or wondering whether your income and asset profile will satisfy Indonesia’s current practice, the easiest move is a direct review.
Start with our home page for an overview, or our concierge service if you want a done-for-you path from “idea” to stamped Golden Visa, including company setup, banking, and compliant investment structuring.
Ready to check your eligibility? Message our Bali Golden Visa desk on WhatsApp now and get a personalised E28B assessment within one business day.
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General information, not legal advice; fees are agency estimates, not government fees. We confirm the latest rules for your case before you apply.