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Sosbud vs Retired Visa
Hi all,
I have been studying the differences between these 2 types of visas. Each has their benifits and drawbacks. It seems the only downside to the retired visa is the agent sponsor requirement (they can set/change the price for initial visa application and yearly renewal). Let me pose a question...what is to prevent your Sosbud visa sponsor, from becoming one of these agents (starting a CV or UD small business) and then sponsoring my retired visa (as well as being a paid sponsor for others seeking a retired visa)? Semms to kill 2 birds with one stone (good for me and an income for the sponsor). Any comments greatly appreciated.
I believe that agents need to have a PT now to sponsor people. Also not easy to get set up as an agent unless of course you have good contacts in immigration. If your agent puts up the prices to fast you can always just find another sponsor. There are many benefits to having a KITAS like being able to open a bank account etc. Social visa might appear cheaper but with the price of extensions, visa runs and of course your time, if you can get the retirement visa I would say go for that.
Give a man a fish and he will eat for a day. Teach a man to fish and he will sit in a boat drinking beer all day.
Visa agents with the right license are the only people that can sponsor retirement visa. So not all agents can be a sponsor.Originally Posted by sailor4915
With the change in Immigration law sobud visa will be harder to get, Immigration have already started doing checks on sponsors & visa holders, including interviews.
While I hear that the prices charged for sosbud by some agents have been going up - as far as I can see the prices for retirement visa have come down a bit over the last 5 years. I am not sure exactly why, but probably over that time more agents have got into retirement visas, so maybe its just the competition.
the suggested downside.."they can set/change the price for initial visa application and yearly renewal"
-No they can't.
and it's not an agent who's sponsoring a retirement visa, it's the company he/she works for...and like Fred2 wrote, only those who are licensed by the indonesia government
(jakarta) can do so.
and like spicy wrote, only company's with a PT status can be issued these licenses.
so for a sosbud-sponsor to become a licensed PT visa agency is quite a bit of work, and takes quite a bit of money.
just a little math...basic cost for sosbud 400.000...4 extensions at 500.000 is already 2,4jt fly out and back 1,5jt (cheap, no accomodation/food/etcetc)...
and again the 2,4jt for 6 months...4,8jt + 1,5jt = 6,3jt a year
retirement-KITAS..5,5jt
don't read between the lines..i think the words are clear enough...:)
Well, that answers that. Thanks for all the responses. The agent that I emailed (in Bali) charged $750 US all in. I thought that was a bit steep. 5,5jt sounds better, but over the 5 years, that is still 27,5jt...no small price. I guess the idea is to shop around.
cheaper then 5,5 jt...would be a hard thing to find..
and after 2 years of having a retirement Kitas, you could apply for a KITAP wich will be valid for 5 years...
meaning, 11 jt for the first 2 years, then aprox 8 jt for the conversion to KITAP...that comes down to 19jt for 7 years
don't read between the lines..i think the words are clear enough...:)
and remember kitas gives you other money-saving advantages eg cheaper price at hospitals
In the beginning it seemed high to me also but I look at the KITAS fee as the way I pay taxes in this country although admittedly the services are slack or even non-existent in Indonesia.
My Bali observations here - http://baliquest.wordpress.com/
sorry i don't understand, why do you feel the need to pay tax if you are not earning a wage in indonesia?
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