New Immigration Policy

What’s the ‘New Immigration Policy’?


Introduced on November 1st 2023 in the Regulation of the Minister of Law and Human Rights No. 22 of 2023 on Visas and Stay Permits, new policy changes related to Shares within the framework of Foreign Direct Investment (FDI) regulations in Indonesia take into effect. This means that PT PMA that apply for ITAS will need to pay attention to the number of shares owned by foreign nationals (WNA) in its company structure. 

What does the ‘New Immigration Policy’ entail?

For Limited Stay Permit (ITAS)


  • Owning shares of at least IDR 10,000,000,000 for Directors/Commissioners.
  • Having shares of at least Rp. 10,000,000,000,- for shareholders without positions.

As well as some additional requirements that is applicable to PMA who wish to apply for a new application or extension of ITAS since November 1st 2023:

  • Ticket/E-ticket;
  • Boarding Pass when entering Indonesia using Investor Visa;
  • Company (PMA) Bank Statement for the last 3 (months) to show that the capital has indeed been deposited in the company’s account.

For Permanent Resident Permit (ITAP)


  • Having minimum shares of Rp. 15,000,000,000,- for Director/Commissioner.
  • Owning shares of at least Rp. 15,000,000,000,- for shareholders without positions.

Aside from policy changes relating to the minimum shares value of Directors/Commissioners and shareholders without position, following the “New Immigration Policy” PMA is required to make changes to the share value and capital value in the Company Deed before a Notary.

How long is the ‘New Immigration Policy’ transition period?


All applications and extensions of ITAS PMA will follow the new policy effective as of January 1st 2025. Meanwhile, new applications and extensions of PMA ITAS for companies with the number of shares that are below 10 billion is temporarily allowed until December 31st 2024 with a period of stay that will only be granted following the visa owned.

Legal Compliance

Our legal compliance services ensure your business adheres to regulations. From contracts to regulatory matters, we guide you through legal complexities, fostering a secure and compliant operational environment.

Family Law

Our family law services encompass divorce, child custody, and estate planning, providing personalized solutions to protect your family’s interests during challenging times.

Property Law

Secure your property transactions with our expert guidance. From acquisitions to disputes, our property law services cover every aspect, ensuring clarity, compliance, notary services and effective resolution of real estate matters.


From civil to commercial litigation, we deliver robust representation, combining legal expertise with a strategic approach to protect your interests in the courtroom.


Protect your intellectual property with our expert copyright services. From registration to enforcement, we safeguard your creative assets, ensuring your ideas remain exclusively yours.

Dispute Resolution

Resolve conflicts efficiently with our dispute resolution expertise. Whether through negotiation, mediation, or litigation, we strive for favorable outcomes, providing clients with effective legal representation and tailored solutions.

Debt & Insolvency

Our comprehensive debt and insolvency services offer strategic solutions, debt restructuring, and legal guidance, empowering businesses in Indonesia to overcome financial hurdles.

Contract Law

Draft, review, and enforce contracts confidently. Our contract law services cover all aspects, ensuring clear terms, dispute resolution mechanisms, and legal compliance for seamless business transactions.

Company Law

Indonesian corporate law related to company setup and company consultation for locals and expats. Optimize your business structure and operations. Our company law services cover incorporation, governance, compliance, and strategic legal advice, fostering a solid legal foundation for your company’s success.

Let's chat
Can we help you?