Indonesia Launches Golden Visa to Lure Foreign Investors, Boost Economy

VISA - JAKARTA. Indonesia launched a long-term visa scheme on Thursday intended to attract foreign investors, President Joko Widodo said, with amounts of up to $10 million giving them a 10-year visa and access to Southeast Asia's largest economy.

The five-year "Golden Visa" requires individual investors to set up a company worth $2.5 million, while a 10-year visa requires a $5 million investment.