EmiratesSetup

Our valued sponsor

EmiratesSetup
SWISSMONEY Iban Accounts with Sepa
EmiratesSetup

Indonesia offers 'golden visa' to entice foreign investors

#4
jafo said:
For the 5-year Visa, if one adds +/- 50% more, one can literally end up in Monaco.

For the 10-year Visa, you're in Monaco :rolleyes: (indefinitely)

Are all the unproductive gang members in these countries delusional or am I really that stupid that I don't see their point of view?:oops:

PS. For the record, if you're placing bets, bet on the latter smi(&%
Click to expand...

The advantage of the Indonesian visa is that you don't lose any of that money. You can invest it in different places (shares, savings accounts, etc.), and you get your 5 or 10 year stay.

At the end of those years you can withdraw your money, or keep it invested if you will (and possibly extend the visa).

Monaco has something similar but the problem is that then you're in Monaco, spending way more.

In Bali, on the other hand, you can live off the dividends of a 700k investment without issues. For example, assume 3-4% dividend/interest rate, that's $21k a year, or $1750/mo, that's more than enough to cover all living expenses in Bali.

So, in short, you can invest $700k and live in Bali 10 years off the returns of those investments, then take your money at the end of the term and leave.
 
#5
scooterguy said:
The advantage of the Indonesian visa is that you don't lose any of that money. You can invest it in different places (shares, savings accounts, etc.), and you get your 5 or 10 year stay.

At the end of those years you can withdraw your money, or keep it invested if you will (and possibly extend the visa).

Monaco has something similar but the problem is that then you're in Monaco, spending way more.

In Bali, on the other hand, you can live off the dividends of a 700k investment without issues. For example, assume 3-4% dividend/interest rate, that's $21k a year, or $1750/mo, that's more than enough to cover all living expenses in Bali.

So, in short, you can invest $700k and live in Bali 10 years off the returns of those investments, then take your money at the end of the term and leave.
Click to expand...
sure ;) The issue lies clearly "take your money and leave"
 
  • Like
Reactions: backpacker
#7
scooterguy said:
Yes, of course... But at least there's a chance to have it back. 10 years in Monaco and you'll spend millions anyways.

And I don't think the Indonesian government will steal it, just that there are risks related to the Indonesian stock market itself, banks going bankrupt, etc.
Click to expand...
Unfortunately, in ten years, that 700.000 won't have the same purchasing power as today. With the current worldwide inflation, it might get reduced to 1/3.
 
#8
cryptofriendly said:
Unfortunately, in ten years, that 700.000 won't have the same purchasing power as today. With the current worldwide inflation, it might get reduced to 1/3.
Click to expand...

Well, keep in mind that a large part of it would be invested, not in cash, and also generating profits (dividends, interest, etc.).

Also I'd start with the 5 year visa at $350k, since there are risks involved and the price is the same (maybe in the future you can extend for another 5 years by keeping those $350k invested).
 
#14
stronco said:
Yes, it costs about 2k to set up, including all coconut bribes etc.
Click to expand...
and this...don't forget this:

1694105228657.png

rof/%
 
You must log in or register to reply here.
EmiratesSetup

Forum Announcement

Latest Threads

The KingDom Bank
Offshore Bank Accounts
SWISSMONEY Iban Accounts with Sepa
Top Bottom
Back