Pre-commitment investors
Researching a market before deploying capital.
Visa D12
Look Before You Commit
One or two years, repeated entries, up to a hundred and eighty days each. For researching a business here without committing capital first.
Figures verified against imigrasi.go.id, Direktorat Jenderal Imigrasi. Current for 2026.
This visa in figures
- Per entry, up to
- 180 days Per entry, up to
- Validity
- 1-2 years Validity
- Work or earnings
- No Work or earnings
- From, all in
- 795 USD From, all in
What the D12 pre-investment visa actually is
The D12 is visitor status, not residence. It buys time to research, meet partners and plan a PT PMA before any money is deployed.
Multiple entry visas do not convert onshore. The D12 leads into a PT PMA and an Investor KITAS as a sequence, not as a conversion.
PT PMA setup- A hundred and eighty days
- Per entry, which is three times a normal visit visa.
- Repeated entries
- Unlimited while the visa is valid, over one or two years.
- Research, not operate
- Meet partners and plan. You may not work or earn.
- Proof of funds only
- No investment committed, unlike the Golden Visa.
Who it is for
Investors doing the work before the commitment.
Partner seekers
Meeting local partners and advisers across repeated trips.
PT PMA planners
Working out KBLI, structure and location before forming.
Regional investors
Coming and going over one or two years.
Choose a different visa if you
- Have already committed the investment Golden Visa
- Are ready to form the company PT PMA setup
- Need one feasibility trip only Ask us about the C12
- Will be paid here Working KITAS E23
What it takes
Funds evidenced, and a sponsor here.
- Passport
- Valid for the full visa period
- Photograph
- Recent, plain background
- Indonesian sponsor
- Required. We arrange this
- Proof of funds
- Evidenced, and held by you
- Purpose documents
- The investment you are exploring
- Validity chosen
- One year or two
- Arrival card
- Completed before each arrival
- Filed for you
- Through the official portal
The D12 asks you to evidence funds rather than commit them. That is the difference between it and the Golden Visa, and it is the whole point.
What it costs
All in, government fees included. Deposits and balances required by regulation sit outside this and are yours to hold.
- D12, one year Multiple entry, all in USD 795
- D12, one year express Priority processing USD 1,035
- Stay per entry Up to 180 days Per entry
- Bali Tourist Levy Separate government charge, per arrival IDR 150,000
Government fees are inside our figure. Nothing here is an investment commitment, only evidence of funds.
How it goes
Five steps, and the last one is a different visa.
-
01
Confirm D12 or C12
Repeated visits, or one feasibility trip.
-
02
Evidence the funds
Held by you, not committed.
-
03
Sponsor arranged
Required, and arranged as part of the filing.
-
04
Filed for you
One or two years, standard or express.
-
05
Then the company
When you commit, the PT PMA and the Investor KITAS follow.
Against the Golden Visa
One explores an investment. One rewards it.
Purpose
- D12 Pre-Investment
- Explore and plan an investment
- Golden Visa
- Reward a committed investment
Grants residence
- D12 Pre-Investment
- No, visitor status only
- Golden Visa
- Yes, five or ten years
Money committed
- D12 Pre-Investment
- Proof of funds only
- Golden Visa
- From USD 350,000
Run a company
- D12 Pre-Investment
- No
- Golden Visa
- Depends on the tier
Typical user
- D12 Pre-Investment
- Pre-commitment investor
- Golden Visa
- Ready to deploy investor
The D12 is the cheaper first move by a wide margin. The Golden Visa is the destination once the capital is actually deployed.
Read this part
Three things investors should know
The middle one catches people out.
It is visitor status
A hundred and eighty days per entry is generous, and it is still not residence. You may not work or earn.
Investor KITAS E28AIt does not convert onshore
Multiple entry visas are non convertible. The route to residence runs through the PT PMA, not through this visa.
PT PMA setupPlan the KBLI while you look
The business line decides what the company may do. Working it out during the research trips saves rebuilding later.
Talk it throughIf this is not your visa
The neighbouring routes, and where people move when this one does not fit.
Investor KITAS E28A
Residence tied to a PT PMA shareholding.
From USD 2,790
Business visa
C2 and D2 for meetings, audits and investment work.
From USD 849
Multiple-Entry D1/D2
One to five years, sixty days per entry.
USD 749
Second Home Visa E33
Five to ten years, for long-term residents.
From USD 4,500Do the homework first
Tell us what you are exploring and how often you will come. We confirm D12 or C12, arrange the sponsor, and map the route to the PT PMA.
Transparent pricing. No hidden fees. A reply in under two hours.