No hidden fees. Price includes all document preparation, processing, and sponsorship.
The Second Home Visa is Indonesia’s premium long-term residency option, offering an initial stay of five years with the possibility of extension to ten years. Introduced in 2022 as part of Indonesia’s strategy to attract high-net-worth individuals and long-term residents, this visa represents the most extended stay available without employment or investment-based sponsorship.
The primary requirement that sets the Second Home Visa apart is financial: applicants must demonstrate proof of funds equivalent to at least IDR 2 billion (approximately $130,000 USD) held in an Indonesian bank account or show equivalent assets. This is not an expenditure — the funds remain yours — but it serves as proof that you have the financial capacity for a long-term stay in Indonesia. The funds must be deposited in an Indonesian bank account, and MVS can guide you through the account opening process and fund transfer requirements.
The Second Home Visa is open to all nationalities and all ages (unlike the Retirement Visa, which requires applicants to be 55+). This makes it attractive to a wide range of long-term residents: pre-retirees in their 40s and 50s, families who want to settle in Bali for their children’s education at one of the island’s excellent international schools, couples seeking a stable base in Southeast Asia, and individuals who simply love Indonesia and want the security of long-term legal residency.
The total cost starts at approximately $2,000, with government fees around $1,300 and MVS service fees of $700 for the comprehensive application process. While this is higher than annual visas, when amortized over five years, it is actually more cost-effective than renewing a Retirement Visa or other annual visas year after year.
Holders of the Second Home Visa enjoy several practical benefits beyond just the length of stay. You can open Indonesian bank accounts, obtain an Indonesian tax identification number (NPWP), and access services that typically require long-term residency documentation. However, the visa does not grant work permission — if you need to work, even remotely, you will need to explore the Digital Nomad Visa or Work Permit (KITAS).
My Visa Solution provides end-to-end support for Second Home Visa applicants, from the initial fund transfer logistics to the final visa issuance and local registration. Given the significant financial commitment involved, our clients value having experienced professionals manage every detail of the process.
The Second Home Visa is designed for individuals and families who want the stability and convenience of long-term residency in Indonesia without the annual renewal cycle of other visa types. It appeals to a specific demographic: people with the financial means to meet the deposit requirement who are committed to Indonesia as a long-term home or base.
High-net-worth individuals who want to live in Bali or other parts of Indonesia for years without the hassle of annual visa renewals are the primary audience. The five-to-ten-year validity eliminates the administrative burden and uncertainty of shorter visas.
Families relocating to Bali for their children’s education at international schools such as Bali Island School, Green School, or Canggu Community School find the Second Home Visa provides the stable residency status needed for school enrollment and long-term family planning.
Pre-retirees under 55 who want to live in Indonesia but do not qualify for the age-restricted Retirement Visa can use the Second Home Visa as their path to long-term residency. The only barrier is the financial requirement, not age.
Property owners who have purchased or are purchasing property in Bali and want a visa that matches their long-term property commitment also gravitate toward this option. The Second Home Visa aligns with the timeframes of property leases and ownership periods.
Individuals who have been renewing other visas (tourist, social/cultural, retirement) for years and want to simplify their immigration status with a single long-term visa find the Second Home Visa a welcome upgrade.
The key qualifying factor is financial capacity. If the $130,000 deposit requirement is beyond your current means, consider the Retirement Visa (if 55+), the Tourist Visa, or the Social/Cultural Visa as more accessible alternatives.
Common requirements include:
Note: Specific requirements may vary. Contact us for your personalized checklist.
No hidden fees. Price includes all document preparation, processing, and sponsorship.
You must show proof of funds equivalent to at least IDR 2 billion, which is approximately $130,000 USD (the exact amount fluctuates with exchange rates). These funds must be held in an Indonesian bank account. The money remains yours — it is not a fee or payment to the government.
The funds must remain in your Indonesian bank account for a specified period after visa issuance. The exact terms vary, and MVS will provide current details during your consultation. After the holding period, you may have more flexibility with the funds, but maintaining a substantial balance is advisable for renewals and compliance.
Yes. Unlike the Retirement Visa (55+), the Second Home Visa has no age restriction. Anyone who meets the financial requirements can apply, making it the best long-term option for those under 55.
No. The Second Home Visa is strictly a residency visa and does not include work authorization. If you need to work, you must obtain a separate work-authorized visa such as the Digital Nomad Visa or Work Permit (KITAS).
Yes. Your spouse and dependent children can apply for dependent visas linked to your Second Home Visa. Each dependent needs their own passport and supporting documents, but the financial requirement applies to the family unit rather than each individual. MVS processes all family members together.
The Retirement Visa is annual (renewable), requires age 55+, and needs only $1,500/month income proof. The Second Home Visa is 5-10 years, has no age limit, but requires ~$130,000 in an Indonesian bank. The Second Home Visa is better for those under 55 or who want to avoid annual renewals. The Retirement Visa is more accessible financially for those who qualify by age.
Your passport should be valid for at least the duration of the visa you are applying for. For a five-year visa, you need at least six years of passport validity. If your passport expires sooner, you may need to renew it before applying. MVS will review your passport validity during the initial consultation.
Contact us today for a free consultation. Our experts handle everything so you can focus on enjoying Bali.
