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Podcast: The Linklaters Podcast
Episode: Golden Visa – a longer stay for qualified foreigners // Employment and Incentives
Description: This podcast series is curated by our formal association firm in Indonesia, Widyawan & Partners.
Episode 2: Regulatory Developments in Indonesia – a Multi-Sectoral Highlight
In an effort to attract inflows of foreign talents to Indonesia, the Indonesian government has issued Government Regulation No.40 of 2023 (“GR 40”) which further amended the implementing regulation of the Immigration Law and Minister of Law and Human Rights Regulation No.22 of 2023 on Visa and Stay Permit (“Golden Visa Regulation”). Among the numerous amendments made, it includes provisions that allow the issuance of temporary stay permits up to 10 years, dubbed the “Golden Visa” for individual investors and the foreig...