IMPORTANT

Visa processing by embassies may be delayed due to the year-end high season. We recommend applying early and adjusting your travel date. Due to the Christmas and New Year holidays, please be aware that there may be delays in visa processing times because of embassy office closures from 24th December 2025 to 2nd January 2026.

Investor ITAS Without Establishing Company – Indonesia Golden Visa

Overview Documents FAQs

Overview

Investor ITAS without Establishing Company, also known as Visa E28C, is a type of Limited Stay Visa Indonesia and part of the Golden Visa Indonesia program. This visa is designed for individual foreign investors who wish to invest in Indonesia without the need to establish their own company. Through this scheme, investors can directly invest in government bonds, publicly listed company shares, or other eligible investment instruments.

Visa E28C offers two investment options: a minimum of USD 350,000 for a 5-year stay permit, or between USD 700,000 and USD 1,000,000 for a 10-year stay permit. In addition to granting the opportunity for long-term residence in Indonesia, this visa also allows holders to bring their family members and enjoy multiple-entry privileges throughout the validity of their stay permit.

Notes:

This visa must be used within 90 days from the date of issue.

49-60

Days

Time needed to process your application once submitted.

15-20

Minutes

Time you'll need to compile all the required documents.

Years

The total validity period of your new visa/permit.

Years

Stay period for each visit.

Documents

Required for

All applicants

FAQs

Select type:

Regular 5 years

Processing time from 49 to 60 working days.

Regular 10 years

Processing time from 49 to 60 working days.

Total

43.999.000

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Testimonials

Google Rating

5.0

(118)

Danielle Karen

3 days ago

highly recommended 👍🏻 responsive and fast admin, the management system is also clear and not complicated. The price is also okay, cheaper than a travel agent

Hartono Sugih

7 days ago

I was greatly helped by SPUN's service for visa processing. The consultation was very helpful in navigating the increasingly complex visa application situation. Very helpful, especially when busy. The website is very clear and always updated. Great UI/UX. The staff are very helpful and friendly. Mba Pia patiently and in detail assisted with the d

Delan W

7 days ago

First time applying for a Schengen visa to Italy with the help of SPUN, the results were very satisfying, visa approved and the customer service was very friendly, even though my questions were strange, they were always answered clearly and friendly

Has Nia

7 days ago

Thank you SPUN GLOBAL, my UAE Visa processing was very fast, the response was very good, friendly and very helpful with the directions 🙏🏻 I trust SPUN GLOBAL 1000% for the next Visa processing.

Adrian Noor

9 days ago

Great value and excellent service! The team was very friendly and exceeded my expectations in securing my AU visa. Thank you Spun team

Itha Gali

12 days ago

Thank you for the help, everything is easy with the help of spun. Highly recommended

Wisnu Wage

14 days ago

SPUN provides a valuable experience, the challenge of applying for a visa for the first time made my heart race, thank you Ka Pia for patiently helping, thank you so much SPUN. The best

Putri Padyatikta Devi

19 days ago

I like it so much, it only took 2 days to complete my Japan visa waiver

Mefty Septiani

19 days ago

Consistently excellent and satisfying service in visa processing, especially for handling group visas for our students at Telkom University. Our sincere thanks to the SPUN Team for their outstanding support and cooperation.

Yusuf Sukianto

19 days ago

Thank you tim SPUN khususnya kak PIA, akhirnya berhasil mendapatkan Visa China ASEAN 5 thn. Sebelumnya sempat tanya di tempat lain, tapi mereka cuman menyanggupi visa yang 1 thn. Beruntung ketemu SPUN dan ternyata bisa dibantu dan berhasil. Good job SPUN and really appriciate it.

Randy Marchvitto

20 days ago

I used Spun for applying Schengen visa for my parents. It was easy and the Spun team were very helpful to help us until we received the visa. Thank you Spun

Silvi Ang

21 days ago

Applied for 3 Visas at once and DAR DER DOOORRRRR!!!! the process was very fast. Top markotop. Always success for SPUN, especially for Kak Pia who is very responsive and very helpful from the beginning to the end of the process. Thank you very much SPUN 👍