Boost Foreign Investment, Not Enough with Just Golden Visa and Family Office

July 29, 2024, 04.45 PM
Reporter: Vendy Yhulia SusantoEditor: Syamsul Azhar

FOREIGN DIRECT INVESTMENT - JAKARTA. With only three months remaining in the term of the "Indonesia Onward" Cabinet, the government continues to vigorously court foreign investment. The government has recently introduced a policy known as the Indonesian golden visa. This service is designed to facilitate foreign nationals in investing and working in Indonesia. 

Previously, the government had proposed the establishment of a family office, also intended to attract investment from the world's wealthiest individuals to Indonesia. In a testament to the seriousness of this proposal, Coordinating Minister for Maritime Affairs and Investment Luhut Binsar Pandjaitan admitted to visiting Abu Dhabi, United Arab Emirates, to study the concept of a family office. 

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