Investor Visa (KITAS) E28A

What is Investor Visa KITAS E28A ?

The investor visa KITAS E28A, formerly known as the C313 & C314 Index, is a type of visa given to foreigners who are shareholders in a company in Indonesia.

This Indonesian Investor Visa KITAS E28A is only reserved for shareholders in foreign-owned companies (PMA companies) in Indonesia with a minimum share ownership of 10 billion IDR. These investors can apply for and get a limited stay permit (KITAS) valid for 1 year or 2 years without being required to pay a levy “DPKK” of USD 1200/1 year or USD 2400/2 years to the Ministry of Manpower. Thus, the investor visa holder already has a limited stay permit and work permit while still being able to save USD 1200/1 year or USD 2400/2 years due to his status as a shareholder in the company.

What benefits will you get if you have an Indonesia Investor Visa KITAS E28A ?

A holder of the Indonesian investor visa KITAS E28A will get many benefits. If you have an investor visa, then you can stay and carry out work activities in Indonesia safely and comfortably, meaning you will not be questioned by the immigration authorities while you are working.

Another benefit obtained by the holder of investor visa E28A is that to get a limited stay permit (KITAS) valid for 2 years , the process is simpler and faster because it does not require a work permit such as RPTKA and IMTA from the Indonesian Ministry of Manpower or letters of recommendation from other ministries, which take a long time and a fairly complicated process to get, as happens in the process of applying for a regular work visa. Another form of convenience is being given the opportunity to apply for a permanent stay permit (KITAP), which is valid for 5 years, and also an opportunity to apply for Indonesian citizenship if they are interested. With the issuance of the latest regulations several years ago regarding the provision of many convenience facilities for foreign investors, the granting of this investor visa is one manifestation of the convenience provided by the government to investors.

There are several advantages, such as

1. You can get a driver’s license (SIM) valid for 2 years
2. You can open an account at a local bank
3. You can apply for a credit card
4. You can get an exit permit (MERP) for 2 years
5. You can own property
6. Register a mobile phone

How do I apply for an Indonesian Investor Visa KITAS E28A ?

Here is how to apply for an Indonesian Investor Visa KITAS E28A:

1. This Investor visa KITAS E28A can be applied for by applicants who are outside indonesia (offshore) or who are already in indonesia (onshore)
2. Before applying for an investor visa, please make sure that you have a company that is domiciled in Indonesia, and for any of you who don’t have a company in Indonesia, we, at Saga Visa Consultancy are ready to assist you in creating a company (PT/foreign investment company)
3. Provide all documents required to apply for an investor visa KITAS E28A
4. Send all documents to the Directorate general of immigration of Indonesia to apply for an investor visa, including the owned company documents
5. The Investor visa KITAS E28A can be applied immediately, either by yourself or by using the professional service of an experienced and trusted Indonesian visa agency
6. The investor process for visa application at the Directorate General of Immigration of Indonesia will take 7 – 10 working days
7. After the E-Visa approval has been granted, then the e-visa approval letter will be immediately emailed by the immigration authorities to you
8. After obtaining the e-visa approval you must enter indonesia in 3 months (90 days); otherwise, the visa would be no longer valid/obsolete
9. After you have entered indonesia, you will automatically get a KITAS Card on email or registered account
10. Within 14 days after the KITAS card is issued by the Indonesian immigration authorities, you must apply for a Reporting certificate (STM) at the nearest police station to the applicant’s domicile
11. After the STM has been issued by the Indonesian police, then the applicant must submit an SKTT at the Dukcapil (Population and Civil Registration Agency) office to obtain a residence certificate (SKTT)
12. Congratulations, as all of the legalities of your residence permit have been completed, you can now live in Indonesia safely and calmly

What are the required documents needed to apply for an Indonesia Investor Visa KITAS E28A ?

The following are the required documents needed to apply for an Indonesian investor visa KITAS E28A: To apply for a KITAS in Indonesia, you must attach the following documents:

1. Application letter and guarantee letter
2. Scanned colour of passport (identity page and passport cover)
3. Colour passport photo, red background
4. Return ticket (if available)
5. Bank statement of the company sponsor
6. Legalities of sponsor company / foreign owned company (PMA), such as : company establishment deed, business license/izin usaha, business identification number /NIB, NPWP, director’s ID card /KTP

Can an indonesia investor visa KITAS E28A holder work ?

A company director who holds an Indonesian investor visa KITAS E28A can work as long as the following criteria are met : all obligations handled by the director must fulfill the scope of the company’s business activities,” according to the Ministry of Investment/BKPM.

Foreigners who are directors or commissioners and invest with a qualifying value are not required to submit RPTKA/IMTA and can use an investor visa (KITAS),” explained the director of the immigration stay permit, Pramella Yunidar Pasaribu, when confirmed on Tuesday (20/09/2020).

We also emphasize that a foreigner holding an Investor Visa KITAS E28A or Permanent Stay Permit (KITAP) who holds a concurrent position may carry out activities because his/her position as a director/commissioner has the authority, responsibilities, and rights as part of the company’s organs. Thus, it is possible to have supervisory, coaching, and managerial functions to ensure the company runs satisfactorily,” she continued.

Meanwhile, a foreigner who serves as a director/commissioner of a company and invests with a value below IDR 10 billion is required to use a work visa or permanent stay permit (KITAP); thus, hen processing it, a foreign worker must include document requirements from the Ministry of manpower.

Can the Indonesian Investor Visa KITAS E28A be extended ?

Indonesia investor visa KITAS E28A can be extended, you should apply for an extension of your investor visa 60 days prior to the expiration of your investor visa

Do you want to apply for Indonesia Investor visa KITAS ?

For those of you who want to apply for an Indonesian investor visa KITAS E28A, you can contact Saga Visa Consultancy as one of the. best visa agency in Indonesia We have extensive experience in making this type of KITAS, and we have also helped thousands of clients.

Learn more about the types of Indonesian visas:

1. Visa on arrival
2. Single entry visit visa
3. Multiple entry business visa
4. Working visa (KITAS)
5. Investor visa (KITAS)
6. Spouse visa (KITAS)
7. Study visa (KITAS)
8. Dependent visa (KITAS)
9. Freelance work visa (KITAS)
10. Permanent stay permit (KITAP)