Indonesia expands Golden Visa incentives under new financial center law

What changed?

Indonesia has approved a law allowing the creation of International Financial Centres (IFCs), introducing new tax incentives for eligible Golden Visa holders as part of its strategy to attract foreign investment. The legislation was passed by Parliament on July 21, 2026, with further regulations expected before the new incentives become available.

Before this law, Indonesia already offered a Golden Visa program for qualifying investors and talented professionals. However, there was no legal framework for dedicated international financial centres with additional tax incentives.

The new legislation allows the government to establish one or more financial centres with their own regulatory framework designed to attract international investment. According to Reuters, the law includes long-term corporate tax holidays, dedicated commercial courts and arbitration services, the use of foreign currencies within the centres, and preferential tax treatment for eligible Golden Visa holders.

The government has not yet confirmed where the first financial centre will be established, although Bali has previously been identified as a possible location.

Travelers interested in relocating through investment can learn more about the Indonesia Golden Visa.

Who qualifies for the new tax incentives?

Not every Golden Visa holder will automatically receive tax exemptions.

Some reports have described the legislation as offering "0% tax" for Golden Visa holders. However, the law is more specific. Eligible Golden Visa holders who live and operate within an International Financial Centre may qualify for preferential tax treatment under the new framework. The government has not yet published the implementing regulations explaining exactly who qualifies or how the incentives will work in practice.

"We need a deeper, more innovative, efficient and internationally integrated financial sector to navigate increasingly complex global economic conditions," says Finance Minister Purbaya Yudhi Sadewa.

Until those regulations are released, Indonesia's existing Golden Visa requirements remain unchanged.

What should travelers do now?

For most travelers, nothing changes immediately.

If you are planning a holiday or business trip, continue following Indonesia's current visa requirements before travelling.

If you are considering relocating through investment, keep an eye on future government announcements. The International Financial Centres must still be established, and the supporting regulations need to be published before the new tax incentives become available.