5 ms·

How did you get the visa to stay in Bali for 8 years? Genuine question. What nationality are you?

JCharante 5y ago
Is it hard to stay there for that long? Most people just keep doing visa runs on 3 month tourist visas in SEA. The Bangkok visa run is a treasured pilgramage.
- weird-eye-issue 5y ago
  You can't visa run in Thailand anymore, it's been like that for several years now and especially not recently with covid. Immigration won't let you in arbitrarily if they see you doing visa runs "too much". Too much is at their discretion so you can't rely on it
  - JCharante 5y ago
    Oh really? I must have not hit the limit before covid hit. I thought countries usually have a problem with stamping in and stamping out the entire length of your visa free stay and repeatedly doing it, but I didn't think they had an issue with visiting Thailand every 3 months for 1 or 2 days at a time.
onlyrealcuzzo 5y ago
You only need 1Bn IDR (~$70k USD) for an investor visa. I would hope if you're planning to take an entire year off - you have AT LEAST $70k net wealth...
- passerby1 5y ago
  Do you need to actually pay/invest or just show that you own your 70k?
  - onlyrealcuzzo 5y ago
    https://visaagencybali.com/visa/investor-visa/ https://visaagencybali.com/visa/investor-visa/ You need to invest in a company - but IIUC you could just buy ~$70k shares of Indonesia Telecom (i.e.), live there for 3 years, collect dividends, and then cash out when you're done. Under normal conditions, I wouldn't want to invest ~$70k in some Indonesian large cap I know nothing about. But if I wanted to live in Bali for a year, this is a pretty easy way to do it...
    - thelittleone 5y ago
      Very, very few people pay such an amount yet stay many years legally. There's some "fluidity" in the system.
      - onlyrealcuzzo 5y ago
        Pedantic - but you aren't really "paying" that amount. You're investing in something easy to liquidate which has a history of not losing value.
        thelittleone 5y ago
        Fair enough, but there are alternatives that avoid that payment altogether.
    - rootsudo 5y ago
      This is not accurate anylonger - the new way is to form a PMA with two people. Then you can sponsor your own kitas. While you don't have any equity in stocks, you are also immune from loss there. It becomes a cost - you can form a PMA from 25-60 juta and do an investor kitas fro 18 juta (million.) You also don't need to give up 70k liquidity, on the risk that it may not come back and for dividends which are 100% taxable in the country (about 23% AFAIK.) because you must report revenue annually. 70K in stocks w/ dividends OR form a corporate structure for about $3000. The other alternative is b211a/social visa, which is 60 days and about 1 million a month after per renewal up to 6 months, meaning, 4 renewals at 4 juta/million IDR and then 3 million to apply - so 7 juta total every 6 months MAX. 14 annually. If you need more info, feel free to reach out - surprised this topic was on HN .
thelittleone 5y ago
First four years tourist visa with extensions. Then a KITAS (limited stay permit). You can setup a company here which entitles you to a KITAS. It's not as hard as it sounds, and much easier than a foreigner staying in the USA, however it will vary a little depending on your country of citizenship.

Is it hard to stay there for that long? Most people just keep doing visa runs on 3 month tourist visas in SEA. The Bangkok visa run is a treasured pilgramage.

weird-eye-issue 5y ago
You can't visa run in Thailand anymore, it's been like that for several years now and especially not recently with covid. Immigration won't let you in arbitrarily if they see you doing visa runs "too much". Too much is at their discretion so you can't rely on it
- JCharante 5y ago
  Oh really? I must have not hit the limit before covid hit. I thought countries usually have a problem with stamping in and stamping out the entire length of your visa free stay and repeatedly doing it, but I didn't think they had an issue with visiting Thailand every 3 months for 1 or 2 days at a time.

onlyrealcuzzo 5y ago

You only need 1Bn IDR (~$70k USD) for an investor visa. I would hope if you're planning to take an entire year off - you have AT LEAST $70k net wealth...

passerby1 5y ago
Do you need to actually pay/invest or just show that you own your 70k?
- onlyrealcuzzo 5y ago
  https://visaagencybali.com/visa/investor-visa/ https://visaagencybali.com/visa/investor-visa/ You need to invest in a company - but IIUC you could just buy ~$70k shares of Indonesia Telecom (i.e.), live there for 3 years, collect dividends, and then cash out when you're done. Under normal conditions, I wouldn't want to invest ~$70k in some Indonesian large cap I know nothing about. But if I wanted to live in Bali for a year, this is a pretty easy way to do it...
  - thelittleone 5y ago
    Very, very few people pay such an amount yet stay many years legally. There's some "fluidity" in the system.
    - onlyrealcuzzo 5y ago
      Pedantic - but you aren't really "paying" that amount. You're investing in something easy to liquidate which has a history of not losing value.
      - thelittleone 5y ago
        Fair enough, but there are alternatives that avoid that payment altogether.
  - rootsudo 5y ago
    This is not accurate anylonger - the new way is to form a PMA with two people. Then you can sponsor your own kitas. While you don't have any equity in stocks, you are also immune from loss there. It becomes a cost - you can form a PMA from 25-60 juta and do an investor kitas fro 18 juta (million.) You also don't need to give up 70k liquidity, on the risk that it may not come back and for dividends which are 100% taxable in the country (about 23% AFAIK.) because you must report revenue annually. 70K in stocks w/ dividends OR form a corporate structure for about $3000. The other alternative is b211a/social visa, which is 60 days and about 1 million a month after per renewal up to 6 months, meaning, 4 renewals at 4 juta/million IDR and then 3 million to apply - so 7 juta total every 6 months MAX. 14 annually. If you need more info, feel free to reach out - surprised this topic was on HN .

thelittleone 5y ago

First four years tourist visa with extensions. Then a KITAS (limited stay permit). You can setup a company here which entitles you to a KITAS. It's not as hard as it sounds, and much easier than a foreigner staying in the USA, however it will vary a little depending on your country of citizenship.