Indonesia
Indonesia is comprised of 17,000 islands that are covered in lively cities, beautiful temples and palaces, tropical jungles, and bohemian beaches. You can relax in the sun or go to the safari and discover the country’s amazing array of wildlife. All this at extremely low prices. A one-bedroom apartment typically rents for less than $400 in the capital, Jakarta, or for around $250 in Bali. A larger furnished apartment on the beach can cost three times that amount. Despite the fact that locals typically speak only Indonesian, a lot of businesses and doctors speak English as well. The best hospitals are in Jakarta, and foreigners have to pay for services themselves. A general consultation would cost you around $40, and inpatient care could cost $220 or more daily. For these reasons, private health insurance is recommended.
Indonesia
Retiring in Indonesia
In order to retire in Indonesia, you need to apply through a local agency appointed by the Directorate General of Immigration. The agency will act as your sponsor and process your temporary retirement visa, or ITAS. The visa is available to applicants who are 55 and older and can show proof of pension income of $18,000 a year or $1,500 a month. You also will need to carry health insurance that has coverage in Indonesia and sign a lease agreement for one year. One final requirement is to hire local domestic help which costs about $2.50 an hour. A retirement visa can be renewed annually for up to five years. After that, you can apply for permanent residency.
Retiring In Indonesia
