What do you mean by the cost of the permanent retirement visa being quite heavy. How heavy?
So... trying to understand what I'll be in for as visas go...
- Thread starter OrangeDragon
- Start date
The process is as follows :
4 x 1 year KITAS (Cost 8 M each)
Next is a 5 year KITAP cost 37 M
Next is the permanent KITAP cost 65 M
Let us be clear we are speaking about the "classic" retirement visa, not the marriage visa (which you can do alone, and is MUCH cheaper)
The thing is that for a retirement visa you HAVE to go through an agency, which in fact act as your "sponsor" (whereas with a wedding visa your wife is the sponsor).
Of course prices can (sligthly) vary between agencies, and Jakarta appears to be much more expensive.
Restarted, but only lost 2 years and a lot less red tape. The original agent was requiring many more unnecessary steps compared to the second one and more money. Yes, a retirement visa. Also doubt that even beyond the 5 years you are free of some required paper work.
Sorry about this..but to further muddy the waters..The new 5-year visa does not require a sponsor, but an agency is required to process. My visa agent has been fucking me the last 2 years on prices (one-year Visa's) so, choosing a good Visa agent is really important.
PS, do not have a failed relationship with your selected Visa agent. Doh!
give my agent a call - I've had him for years and he's better than most (low bar)
Tude +62 819 9910 0490)
Tude +62 819 9910 0490)
When I changed agents did have a period with the B211a visa, but it was because I was beyond the expiration period of my original Kitas (it had expired in the change over). I don't recall being required to leave the country because I would otherwise have been on a MERP after renewing with the original agent. To clarify this, I leave the country annually anyway so don't recall being required to leave, as nothing transpired while gone.
Upon my return I was thoroughly in my first year of my new Kitas as I had it when re-entering.
Upon my return I was thoroughly in my first year of my new Kitas as I had it when re-entering.
This all sounds like a can of worms to me! I was always told be careful to open that can, you might not like what you get! 37 M sure sounds like a lot of money to me! And if people are retired then how in the hell are they supposed to come up with this kind of money? What if they only get a fixed amount every month? And it's just enough to cover rent, and put food on the table. Is the person supposed to pay all that money at one time up front? And the permanent one for 65M Wow!
that's a bundle of cash! And does anyone trust the kind folks here to honer that for ever? I have my doubts! You never know what could happen here with a change of government down the road!
Such is life for the walking ATM!
that's a bundle of cash! And does anyone trust the kind folks here to honer that for ever? I have my doubts! You never know what could happen here with a change of government down the road!
Such is life for the walking ATM!
"....And if people are retired then how in the hell are they supposed to come up with this kind of money? ....." The new laws are not being developed for the low income riff raff kind of retiree. These are exactly the kind of low class type of persons not wanted. It is all about attracting quality retirees..... those with oodles of money. Okay so the requirement to put large amounts of money to sit in an Indonesian bank account may not be as successful an idea as hoped but other ideas will be found and presented.
The same thing is happening in Thailand with new Visa rules and very pricey "Golden Visas" with a ton of foreign money tied up in banks as required by the government.for those 'Highly desirable retirees'. I've been on the Thailand Expat Facebook page for several months and see the same angst there in terms of rising prices and the rapid influx of migrants from the US, Canada, UK and Australia.....and Russians.
WRONG ,.completely wrong.
any visa in Indo requires a sponsor. (Except maybe the recent invented ones ?)
Working visa, your employer is the sponsor, marriage visa your wife is rhe sponsor, rzriremznt visa the agent is the sponsor.
Sponsor = Guarantor.
As Harry said, they dont want the Pattaya style pensioner....but a more "middle class" one.
Hence the fees. BTW, if 37 M scares you how are you going.to pay a 1 year rental in advance ?
Secondly, do the math, 37 M : 60 months = 600k/month
When you plan to retire first thing to do is to establish your budget.
A budget is comprised of fix.cost (rent, visa, health, wife or g/f cost) and variable cost (food, entertaintment, beer, house keeping...)
Your budget should never exceed 75% of your pension income, as you need to think about unexpected expenses, currency rate variations etc....
Your rent should not represent more than 25 / 30% of your budget.
And to start with, if you don't have some decent money on the side ...forget it.
As simple as that.
My budget has only room for 1 !
Not married, but 10y companion. Budget has been fixed long time ago.
And that part is NOT inflation adjusted...
If you visit any immigration office now you will find a new lay out. There are two areas for visa applications. One area which is extremely crowded with few staff attending the long disorderly queues. This area has a sign that says, "Riff raff applications - People with incomes below $3500 US a week." The other section has a sign, "Quality Applicants." There are comfortable, padded seats for the handful of people waiting and staff continually approaching with tea, coffee and cakes. Abject apologies offered if applicants are kept waiting for more than 5 minutes.
Choose which area to which you wish to apply.
Bit same as HSBC and HSBC PREMIER.......
Was PREMIER when I worked, downgraded to "ordinary" when retired.
Such is life......