Investor KITAS E28A is Indonesia’s limited stay permit for foreign shareholders who invest at least IDR 10 billion in a PT PMA and actively serve as a Director or Commissioner, allowing them to live in Indonesia and manage the company for 1–2 years at a time.
Investor KITAS E28A Indonesia Requirements & Eligibility (2026 Guide)
I’m Rosa Tanuwijaya, and I’ve spent the last decade sitting across from investors in Bali who all ask the same question in slightly different words: “Can I actually live here and run my company… legally?”
If your structure is a PT PMA and you’re ready to put real capital on the table, the Investor KITAS E28A is still the cleanest path in 2026. Let’s walk through the current investor kitas e28a requirements, what “minimum investment of IDR 10 billion” really means, and who is eligible for investor kitas Indonesia under the latest rules.
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Quick snapshot: What is the E28A Investor KITAS?
The E28 family covers foreign investment stay permits; E28A is the index specifically aimed at board of directors and commissioners who are genuine shareholders in a PT PMA.
According to the official immigration eVisa portal and current practice:
- You invest at least IDR 10,000,000,000 in shares of the guarantor PT PMA.[6]
- You hold a formal role as Director or Commissioner of that company.[1][6]
- You receive a 1‑year or 2‑year KITAS (stay permit), multiple entry, extendable up to several years.[5][6]
In exchange, you can live in Indonesia, manage the business, attend meetings, sign documents, and be physically present for your investment.
Core 2026 Investor KITAS E28A Requirements
Immigration simplified the rules by anchoring them to one key benchmark: investor kitas minimum investment 10 billion. If you don’t meet this, you cannot get E28A, full stop.
1. Minimum share investment: IDR 10 billion
The official eVisa FAQ states that you must show evidence of share ownership of at least IDR 10,000,000,000 in the guarantor company, as registered with BKPM/Ministry of Investment.[6] This is the number everyone in the industry works off in 2026.
Important clarifications:
- This is not just planned capital; it is issued and paid‑up shares in your name, recorded in the company deed and OSS/NIB data.
- The 10 billion threshold is per individual applicant. If two foreign investors each want an Investor KITAS, each must meet the share requirement independently.[3][6]
- Your PT PMA’s total capital plan must support these figures; typical structures still start around IDR 10 billion total authorized capital, often more for serious projects.[5]
So when people search for “investor kitas minimum investment 10 billion”, they are really asking: “Do my shares in this PT PMA cross that line?” If not, you will be directed to a work KITAS instead.[2][3]
2. Investor KITAS proof of share ownership
Immigration will not take your word for it. For investor kitas proof of share ownership, expect at least:
- Latest akta pendirian and any amendment deeds showing share structure.[3][5]
- Ministry of Law & Human Rights decree legalising the company.[3][6]
- Company details in OSS/NIB showing you as a shareholder.[5][6]
- Sometimes a share register or notarial statement if the structure recently changed.
The immigration FAQ explicitly lists “Evidence of share ownership of at least Rp10,000,000,000… in the guarantor company listed in the Ministry of Investment / Indonesia Investment Coordinating Board.”[6] If the documents don’t cleanly show that, your application will stall.
3. Your corporate role: can a Director get Investor KITAS?
Many first‑time investors ask, “can a director get investor kitas?” The answer is yes – as long as you meet the share requirement.
- E28A is designed specifically for members of the Board of Directors or Commissioners of the PT PMA.[1][6]
- Most investors take a Director role if they are operational, Commissioner if they prefer a more supervisory role.
- If you are Director/Commissioner but your shareholding is less than IDR 10 billion, then you fall into working KITAS territory, with a paid work permit and DKP‑TKA fees.[2][3]
So yes, Investor KITAS E28A for board of directors is standard – but the shareholding is what unlocks the visa, not the title alone.
4. Financial and personal documents
Aside from corporate paperwork, Indonesia wants to see that you will not become a burden and that your PT PMA is real, not a shell.
Typical 2026 requirements based on eVisa and current practice include:
- Passport valid at least 6–18 months beyond application (depending on 1‑ or 2‑year KITAS).[3][6]
- Recent color photograph with passport‑style formatting.[3][6]
- Proof of living expenses of at least USD 2,000 or equivalent (last 2–3 months).[3][6]
- Curriculum Vitae (basic resume).[3][6]
- Company bank statements for the last 2 months/3 months, often with minimum balances around USD 10,000 to show activity.[5][6]
- Travel itinerary and address in Indonesia (villa, house, or apartment).[3][6]
For a granular checklist of what we submit for clients, see: Complete Document Checklist for Investor KITAS (E28A) Application.
Who is eligible for Investor KITAS Indonesia in 2026?
When we talk about investor kitas e28a eligibility 2026, we are really answering the search “who is eligible for investor kitas indonesia” with legal criteria, not marketing talk.
In 2026, you are generally eligible if you:
- Are a foreign national investing in a PT PMA (foreign‑owned limited liability company).[1][4][5]
- Own at least IDR 10 billion in shares in that PT PMA, formally recorded with BKPM/MoI.[2][3][6]
- Hold a registered position as Director or Commissioner in the same company.[1][6]
- Can demonstrate sufficient funds for living expenses and a legitimate business activity.[3][6]
- Have no immigration blacklist or serious criminal record.
If your role is purely operational staff with no significant shares, this is not your visa. Likewise, if your PT PMA is not yet properly licensed (no NIB, no operational license), we fix that first before touching the KITAS.[4][5]
Difference between E28 and E28A investor visas
People often confuse the broader E28 category with the specific E28A index, then wonder about the difference between e28 and e28a investor visas.
In practice:
- E28 is the umbrella category for foreign investment limited stay permits.
- E28A is the specific index for investors who are also board members (Directors/Commissioners) with qualifying shares.[1][4][6]
Under E28, there are other sub‑indexes (for example, where the investor is not on the board, or where stay/activity profiles differ), but for the majority of Bali PT PMA investors who want to live here and actively manage the business, E28A is the most used route.[1][4][7]
PMA shareholder visa Indonesia requirements
If you own a PT PMA, you are really looking at the PMA shareholder visa Indonesia requirements, which almost always brings you back to Investor KITAS.
In 2026, the government line is consistent:
- You must be a shareholder in a PT PMA, not a local PT.[4][5][6]
- Your shares must be worth at least IDR 10 billion in that PT PMA.[2][3][6]
- The PT PMA must have completed core licensing (NIB, business license, tax number).
- You then qualify for E28A (if you are Director/Commissioner) or a related investment index if structured otherwise.[1][4][5]
The logic from Jakarta is simple: the visa is a privilege for investors who are deeply and transparently committed to Indonesia, not for casual side projects.
Is Investor KITAS E28A right for me?
Let’s answer the search phrase directly: is investor kitas right for me?
Consider E28A if:
- You are ready to commit IDR 10 billion or more into one Indonesian PT PMA.
- You want to be on the board of directors or commissioners and be physically present in Indonesia for operations, banking, strategy, and oversight.
- You prefer to avoid monthly DKP‑TKA work permit fees by qualifying as an investor rather than as a regular foreign employee.[2][5]
It might not be the right fit if:
- Your investment is below IDR 10 billion (in which case we look at a working KITAS or different visa structure).[2][3]
- You just want a lifestyle stay with minimal business activity – other long stay options might be cleaner.
- Your PT PMA is not yet properly capitalised or licensed; we may need to restructure first.
This is where personal consultation matters. The same investor can qualify under several routes; we choose the one that fits your numbers, your risk appetite, and your timeline.
3‑Question FAQ (2026)
1. Can a Director without IDR 10 billion in shares still get an Investor KITAS?
No. A Director or Commissioner with less than IDR 10 billion in share value will usually be routed to a working KITAS with a work permit and DKP‑TKA fees. The investor kitas minimum investment 10 billion is non‑negotiable for E28A.[2][3][6]
2. How long is the Investor KITAS E28A valid?
Current rules allow 1‑year or 2‑year Investor KITAS, both multiple entry, with the option to extend several times up to a long total stay period (often up to 6 years when structured correctly).[5][6]
3. Can I bring my family on my Investor KITAS?
Yes. Once your E28A is approved, your spouse and children can usually obtain dependent KITAS (family stay permits) sponsored by your status as the main permit holder, following standard family reunion processes.[5][6]
Next step: make your structure match your goals
If you are serious enough to be reading in detail about investor kitas e28a requirements, you are probably at one of these stages:
- You already have a PT PMA and want to check if your current shareholding qualifies for E28A.
- You are about to set up a PT PMA and want to design the capital structure and roles correctly from day one.
- You have been on other visas in Indonesia and are ready to formalise your stay as a genuine investor.
Either way, the key is aligning three things: your share value, your board position, and your visa index. That alignment is what my team and I do all day.
If you want someone experienced in Bali immigration to review your PT PMA and tell you exactly which path you qualify for – without guesswork – send me a WhatsApp message now and let’s talk through your Investor KITAS options.
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General information, not legal advice; fees are agency estimates, not government fees. We confirm the latest rules for your case before you apply.