The Indonesian Retirement KITAS (Kartu Izin Tinggal Terbatas) is a type of visa that can be obtained by foreigners aged 55 and above who wish to retire in Indonesia. Here are some of the benefits it offers:

Long-term stay: The retirement KITAS allows you to live in Indonesia for consecutive years. The visa is valid for 1 year for individuals aged 55 and can be renewed for 4 more years. After 5 years, it can transition to KITAP, which is also valid for 5 years.
Multiple entries and exits: You can enter or exit the country as often as you would like.
No need for a local sponsor: One of the key highlights of the revised policy is that retirees can now stay in Indonesia for up to 5 years without sponsors. This change eliminates the burden of finding a local sponsor for retirees, streamlining the application process and making it more accessible to potential expatriate retirees.
Financial transactions: You can open a local bank account and are eligible to hire a driver or domestic helper.
Financial requirements: To be eligible for this 5-year Retirement ITAS, retirees provide a Statement of Bank Funds that validates their monthly income of 3,000 USD/month into a designated Indonesian bank account.

Please note that employment is not permitted with a retirement KITAS. This visa is designed for individuals who want to enjoy their retirement years in the country. It also aligns with the government’s broader goals of attracting retirees who can invest and participate in various socio-economic activities.

The applicant has to provide the following documents:

• Passport (18 months)
• Travel Insurance
• Passport photo
• Pension letter
• Bank account
• Rental contract