News Forum - Millionaire? Pfft! Indonesia’s second-home visa is for billionaires

[Thaiger]

Many online have criticised Thailand’s plan to focus on attracting millionaires, but Indonesia seems to think the Thai government is just setting their sights too low. Indonesia has launched a “second-home visa” with plans to lure in not millionaires, but billionaires. The new visa debuted last week, but the details and red tape are still being put into place by the Ministry of Interior, Immigration, and other related government departments. The new “second-home visa” will be competing with Thailand’s LTR visa the government has been pegging its tourism revenue hopes on. It will allow people to stay in Indonesia for […]

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[charliet]

Looks like you have your numbers wrong! It is 2 billion rupiah (USD $130,000) in the bank accounts.