Visa to open a business account

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iampschr

New Member
Feb 2, 2022
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Hello,

I have a new pma and I will be buying a land within a month.
But I'm getting confusing information, one version is that I have to have an investor visa Kitas to open a business account and the other version is that I don't need a visa to open a business account.

Any advice ?

Thank you,
Peter.
 

Markit

Well-Known Member
Sep 3, 2007
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Karangasem, Bali
Hello,

I have a new pma and I will be buying a land within a month.
I don't pretend to understand what you are asking so I'll wing it:
You, as in personally you can't own land here in Indonesia regardless of your visa.
You, can lease land from the owner (an Indonesian) for a number of years. You don't need a PMA to do that (I think, stuff changes quickly at the mo).
 
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spicyayam

Well-Known Member
Jan 12, 2009
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I would check with the bank you want to open an account with. The requirements could vary from bank to bank.
 
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