Sabtu, 25 Mei 2024

Benefits of Using an Indonesian Bridging Visa

  
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By:
Team of Hukumindo

Previously, the www.hukumindo.com platform has talk about "What is a Bridging Visa?", "Golden Visa and Possible Implementation in Indonesia", you may read also "Indonesia Sport, Music and Art Visa, What Are They?" and on this occasion we will discuss about 'Benefits of Using an Indonesian Bridging Visa'.

Bridging Visas are regulated in Minister of Law and Human Rights Regulation (Permenkumham) Number 11 of 2024 which was ratified on April 1 2024. This Transitional Residence Permit or what is also known as a 'Bridging Visa' is a 'bridge' between a previous residence permit and obtaining a new residence permit.[1]

The validity period of the Transitional Stay Permit is 60 days and is only onshore, namely for foreigners who are already in Indonesian territory. This residence permit is no longer valid if the foreigner leaves Indonesian territory. This stay permit can be used by foreigners who will apply for a change of status to ITAS (Limited Stay Permit).[2]

So what are the main advantages when we use this visa? Referring to the previous provisions, foreigners whose residence permits have expired must leave Indonesian territory first in order to obtain an extension of their residence permits. According to this Minister of Law and Human Rights Regulation (Permenkumham), it is possible for foreign citizens holding a Visit Stay Permit (ITK) to obtain a Limited Stay Permit (ITAS) without having to leave Indonesian territory. The same thing also applies to ITAS and Permanent Stay Permit (ITAP) holders who can no longer be extended. They can obtain a new residence permit without having to leave Indonesian territory.[3] And if you have any legal issue in Indonesia territory, contact us for business inquiry, feel free in 24 hour, we will be glad to assist you. 


*) For further information please contact:
Mahmud Kusuma Advocate
Law Office
Jakarta - Indonesia.
E-mail: mahmudkusuma22@gmail.com

________________
References:

1. "Direktorat Jenderal Imigrasi Berlakukan Bridging Visa", depok.imigrasi.go.id., Diakses pada tanggal 22 Mei 2024, Link: https://depok.imigrasi.go.id/direktorat-jenderal-imigrasi-berlakukan-bridging-visa/
2. "Indonesia Berlakukan Visa Peralihan bagi WNA Pemegang Izin Tinggal", indonesia.go.id., Selasa, 14 Mei 2024, Diakses pada tanggal 22 Mei 2024, Link: https://indonesia.go.id/kategori/keimigrasian/8204/indonesia-berlakukan-visa-peralihan-bagi-wna-pemegang-izin-tinggal?lang=1
3. Ibid.

Sabtu, 18 Mei 2024

What is a Bridging Visa?

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By:
Team of Hukumindo

Previously, the www.hukumindo.com platform has talk about "Indonesia Immigration Implements Bridging Visa", "Golden Visa and Possible Implementation in Indonesia", you may read also "Indonesia Sport, Music and Art Visa, What Are They?" and on this occasion we will discuss about 'What is a bridging visa?'.

Immigration of Indonesia will present a number of new services. One of them is the 'Bridging Visa' for foreign citizens (WNA).[1] What exactly is meant by this term?

This bridging visa is generally defined as a visa that aims to bridge a previous residence permit with a new residence permit that is in the process of being issued.[2] We can also interpret it as a transitional visa.

"Indonesian bridging visas will be applied to foreign nationals in Indonesian territory who wish to apply for a Golden Visa. Preparations are in the final stages," said a statement from the Immigration Department. This Indonesian Bridging Visa has a validity period of 60 days and is only valid for foreigners in Indonesia. This visa cannot be used by foreigners who leave Indonesian territory.[3] And if you have any legal issue in Indonesia territory, contact us for business inquiry, feel free in 24 hour, we will be glad to assist you. 


*) For further information please contact:
Mahmud Kusuma Advocate
Law Office
Jakarta - Indonesia.
E-mail: mahmudkusuma22@gmail.com

________________
References:

1. "Indonesia Akan Terapkan Bridging Visa untuk WNA, Apa Itu?", kumparan.com., 29 Maret 2024, Diakses pada tanggal 13 Mei 2024, Link: https://kumparan.com/kumparannews/indonesia-akan-terapkan-bridging-visa-untuk-wna-apa-itu-22RcnjKFhvH/full/gallery/1
2. Ibid.
3. Ibid.

Minggu, 12 Mei 2024

Indonesia Immigration Implements Bridging Visa

 
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By:
Team of Hukumindo

Previously, the www.hukumindo.com platform has talk about "Amount of Authorized Capital of Foreign Investment Companies in Indonesia", "Golden Visa and Possible Implementation in Indonesia", you may read also "Indonesia Sport, Music and Art Visa, What Are They?" and on this occasion we will discuss about 'Indonesia Immigration Implements Bridging Visa'.

The Directorate General of Immigration, Ministry of Law and Human Rights (Kemenkumham) implements the Transitional Stay Permit or Bridging Visa policy. Immigration calls the residence permit a 'bridge' between the previous residence permit and obtaining a new residence permit for foreign nationals (WNA). "In this way, foreign citizens holding a Visit Stay Permit submitted via evisa.imigration.go.id are able to obtain a Limited Stay Permit without having to leave Indonesian territory. Likewise, holders of Limited Stay Permits and Permanent Stay Permits which can no longer be extended, can obtain a new Residence Permit without having to leave Indonesian territory," said the Director General of Immigration, Silmy Karim, in a written statement, Tuesday (23/4/2024).[1]

He said the implementation of the Transitional Stay Permit is regulated in Minister of Law and Human Rights Regulation (Permenkumham) Number 11 of 2024 which was ratified on April 1 2024. The validity period of the Transitional Stay Permit is 60 days and only applies to foreigners who are already in Indonesian territory. He said this type of residence permit is no longer valid if the foreigner leaves Indonesian territory. Silmy said that the residence permit could be used by foreigners who would apply for a change of status to a Limited Stay Permit. Foreigners holding a Transitional Stay Permit, he said, are not subject to overstay if their Transitional Stay Permit application is approved after the validity period of the previous stay permit expires. Foreign citizens who wish to use a Transitional Residence Permit must submit an application via the evisa.imigration.go.id page and pay the immigration fee no later than 3 (three) days before the validity period of the previous residence permit expires.[2]

Silmy said that the Transitional Stay Permit would help foreigners save time, energy and accommodation costs that would otherwise be incurred if foreigners had to leave Indonesian territory to submit an application and wait for approval for a new visa. "The implementation of the Transitional Stay Permit is an effort by the Directorate General of Immigration to create legal certainty for foreign citizens residing in Indonesian territory as well as ease of service," he said.[3] And if you have any legal issue in Indonesia territory, contact us for business inquiry, feel free in 24 hour, we will be glad to assist you. 


*) For further information please contact:
Mahmud Kusuma Advocate
Law Office
Jakarta - Indonesia.
E-mail: mahmudkusuma22@gmail.com

________________
References:

1. "Imigrasi Terapkan Bridging Visa, Jadi Jembatan WNA Perbarui Izin Tinggal", www.detik.com., Haris Fadhil, Selasa, 23 Apr 2024, Diakses pada tanggal 12 Mei 2024, Link: https://news.detik.com/berita/d-7305918/imigrasi-terapkan-bridging-visa-jadi-jembatan-wna-perbarui-izin-tinggal
2. Ibid.
3. Ibid.

Sabtu, 04 Mei 2024

Amount of Authorized Capital of Foreign Investment Companies in Indonesia

  
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By:
Team of Hukumindo

Previously, the www.hukumindo.com platform has talk about "Three Ways to Conduct FDI in Indonesia", "Knowing Joint Venture Companies in FDI Indonesia", you may read also "Understanding 5 Steps Foreign Direct Investment In Indonesia" and on this occasion we will discuss about 'Amount of Authorized Capital of Foreign Investment Companies in Indonesia'.

Foreign investment companies are categorized as large businesses. The Foreign Investment Company must comply with the investment value and capital requirements stipulated by Government Regulation, namely:[1]
  1. The total investment value is greater than IDR 10 billion, excluding land and buildings per business sector Indonesian Business Field Standard Classification (“KBLI”) 5 digits per project location unless otherwise determined by statutory regulations.
  2. The value of issued capital is the same as paid-up capital, at least IDR 2.5 billion.
  3. The share ownership percentage is calculated based on the nominal value of the shares.
  4. The nominal value of shares as referred to in letter c, for each shareholder is at least IDR 10 million.

And if you have any legal issue in Indonesia territory, contact us for business inquiry, feel free in 24 hour, we will be glad to assist you. 


*) For further information please contact:
Mahmud Kusuma Advocate
Law Office
Jakarta - Indonesia.
E-mail: mahmudkusuma22@gmail.com

________________
Reference:

1. PERATURAN PEMERINTAH REPUBLIK INDONESIA NOMOR: 8 TAHUN 2021 TENTANG MODAL DASAR PERSEROAN SERTA PENDAFTARAN PENDIRIAN, PERUBAHAN, DAN PEMBUBARAN PERSEROAN YANG MEMENUHI KRITERIA UNTUK USAHA MIKRO DAN KECIL

Now, Foreign Citizens Can Buy Property in Indonesia With Just a Passport

   ( iStock ) By: Team of Hukumindo Previously, the www.hukumindo.com platform has talk about " Fees That Must Be Paid When Renting an ...