Indonesia's Golden Visa program has attracted nearly US$3 billion in investment in just over a year. Since its launch in July 2024, the program has issued more than 1,000 permits to investors from 61 different countries. Corporate investors have shown the strongest interest in the initiative.
Key Takeaways
- Indonesia's Golden Visa program has drawn nearly US$3 billion since July 2024.
- Over 1,000 golden visa permits have been issued to investors from 61 nations.
- Corporate investors account for a large portion of the demand.
- Other nations are also launching or refining investment migration programs.
- Increased regulatory oversight is emerging in the Caribbean CBI market.
Indonesia's Investment Migration Success
Indonesia's Golden Visa program, designed to attract foreign capital and talent, has seen significant uptake. The country introduced this visa category to boost its economy and encourage long-term residency for high-net-worth individuals and skilled professionals.
Data released on September 28, 2025, indicates that the program has successfully drawn substantial foreign direct investment. The nearly US$3 billion figure highlights the global interest in Indonesia as an investment destination.
Program Impact
- US$3 Billion: Total investment attracted.
- 1,000+ Permits: Number of golden visas issued.
- 61 Countries: Origin of investors.
- July 2024: Program launch date.
Corporate Investment Leads Demand
Corporate entities have been particularly active in securing golden visa permits. This trend suggests that businesses are looking to establish or expand their presence in Indonesia, leveraging the visa program for their key personnel and strategic investments.
The program offers various tiers of investment, providing flexibility for different types of investors. This flexibility has likely contributed to its broad appeal across a diverse group of international clients.
Global Trends in Investment Migration
Indonesia's success comes as other nations are also actively developing or adjusting their investment migration offerings. The global landscape for citizenship and residency by investment (CBI/RBI) programs is dynamic, with countries competing for foreign capital.
For example, Botswana recently signed a Memorandum of Understanding (MoU) with Arton Capital. This agreement aims to establish and launch Botswana's own Citizenship by Investment program. Development efforts for this new program have already begun.
"Now what the government is saying is 'we don't care about you business people'."
What is a Golden Visa?
A Golden Visa, also known as a residency by investment program, grants individuals residency rights in a country in exchange for a significant financial investment. This investment can take various forms, such as real estate purchases, job creation, or capital contributions to government funds. These programs often aim to stimulate economic growth and attract wealthy individuals.
Caribbean Nations Enhance Regulation
In a move towards greater oversight, Caribbean nations offering CBI programs have signed an agreement to create a regional regulatory authority. Grenada will host the headquarters of this new body, as announced by Prime Minister Dickon Mitchell.
This initiative reflects a growing international call for stricter governance and transparency in the investment migration sector. Enhanced regulation aims to safeguard the integrity of these programs and address concerns related to due diligence and compliance.
The establishment of a central authority is expected to standardize practices and improve coordination among the participating Caribbean states. This could lead to increased trust and stability for investors.
Evolving Tax and Data Exchange Landscape
The global financial environment is also seeing significant changes regarding tax transparency. The United Arab Emirates (UAE) has joined a global data-sharing agreement for automatic crypto tax data exchange. This development impacts cryptocurrency holders in the UAE.
By 2028, UAE crypto holders will no longer be able to conceal their assets from tax authorities. This move aligns the UAE with international efforts to combat tax evasion and ensure financial transparency across various asset classes, including digital currencies.
Regulatory Developments
- Botswana: Partnered with Arton Capital to launch a CIP.
- Caribbean Nations: Established a regional CBI regulatory authority.
- UAE: Joined global crypto tax data-sharing agreement by 2028.
Impact on Global Investors
These regulatory shifts have direct implications for global investors. Those participating in investment migration programs, or holding assets in jurisdictions like the UAE, must now navigate a more transparent and interconnected financial system.
The trend is towards greater scrutiny of wealth and investment sources, pushing investors to ensure full compliance with international tax and financial regulations. This environment demands careful planning and adherence to legal frameworks.
Confidential Industry Intelligence
Amidst these public developments, the investment migration industry continues to generate specific, confidential intelligence. An IMI Private Briefing for Q3 2025 was released on September 24, 2025.
This briefing contains sensitive industry information not yet available to the general public. Such private reports often cover market trends, policy changes under consideration, and strategic insights for industry professionals.
The existence of these confidential briefings underscores the complex and competitive nature of the investment migration market. Industry players rely on such intelligence to make informed decisions and adapt to rapid changes.
Future Outlook for Investment Migration
The coming years are likely to see continued evolution in investment migration programs. Countries will refine their offerings to attract specific types of investors, while international bodies will push for greater transparency and regulation.
Investors must remain informed about these changes to ensure their investments and residency plans comply with all relevant laws and policies. The market for global mobility and investment remains robust, but increasingly complex.
