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Indonesia offers 'golden visa' to entice foreign investors

IndiaTimes Sunday, 3 September 2023
Indonesia is launching a golden visa program to attract foreign investors and boost its economy. The program offers residence permits for five to ten years, with individual investors required to set up a company worth $2.5 million for a five-year visa, and $5 million for a ten-year visa. Corporate investors need to invest $25 million for a five-year visa and $50 million for a ten-year visa.
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