Bali Investor KITAS E28A Requirements**: Who Qualifies, Minimum Shares, and Eligibility Rules

Bali Investor KITAS E28A is Indonesia’s 2‑year residence permit for foreign shareholders of a PT PMA who hold at least IDR 10,000,000,000 in paid-up shares and are formally registered as investor, director, or commissioner. It lets you live in Indonesia, manage your company, and enter/exit freely – without a separate work permit if used correctly.

Bali Investor KITAS E28A Requirements: The 2026 Snapshot

Let’s start with the headline: the core bali investor kitas requirements haven’t changed in 2026 – but enforcement is tighter, and immigration is cross-checking your data with BKPM (Ministry of Investment) and the Ministry of Law & Human Rights more carefully.

To qualify for the Investor KITAS E28A, you must:

  • Hold at least IDR 10,000,000,000 in shares in a PT PMA (foreign-owned limited company) in Indonesia.[1][2]
  • Be listed as a shareholder in the company’s deed and in the Ministry of Law & Human Rights system.[2]
  • Have a valid passport (minimum 6 months validity at issuance; we advise 18–24 months to match a 2‑year KITAS).[2]
  • Show proof of living expenses of at least USD 2,000 (or equivalent) in a bank statement.[2]
  • Provide evidence of the company’s active status – latest company bank statements, deed of establishment, and BKPM registration.[2]
  • Use a PT PMA as sponsor; you cannot use a local CV or individual sponsor for E28A.[2]

In practice, bali investor visa eligibility in 2026 means: if you are a real shareholder in a properly structured PT PMA, with the right amount of capital and clean paperwork, you qualify.

For a deep dive on pricing and government costs, read: Bali Investor KITAS Cost 2026**: Exact Fees, Government Charges, and Agent Pricing.

Who Qualifies for E28A: Investor KITAS E28A Eligibility in Plain English

Immigration’s own wording for who qualifies for E28A visa is simple: someone who has invested at least 10,000,000,000 rupiah in Indonesia, and can prove share ownership in a guarantor company.[1][2]

In day-to-day practice, the investor kitas e28a eligibility test looks like this:

  • You are a foreigner listed as a shareholder in a PT PMA, with shares worth a minimum of IDR 10 billion.[1][2]
  • Your name appears on:
    • Notarial deed of establishment / amendment.
    • Ministry of Law & Human Rights approval letter.[2]
    • BKPM / OSS investment records.[2]
  • The company is active – it has a bank account, some movement, and is not dormant on paper.[2]
  • You are applying either as a pure shareholder, or as a director or commissioner with qualifying shares.[1][2]

The E28A is designed specifically as a PT PMA shareholder visa, which is why hobby investors or “paper” shareholders with no real capital often run into issues during background checks.

Minimum Investment: Is It Really 10 Billion Rupiah?

Yes. The minimum investment 10 billion rupiah is not a rumour; it is the figure written into the immigration guidance and mirrored in many visa-agency requirements.[1][2]

To qualify for the Bali Investor KITAS E28A you must show:

  • Evidence of share ownership of at least IDR 10,000,000,000 in the guarantor PT PMA.[2]
  • The investment data registered with the Ministry of Investment / BKPM.[2]

This is where two common questions appear:

Can you get KITAS with 1 billion shares?

If you are asking, “can you get KITAS with 1 billion shares?” under the current E28A rules, the answer is no for an Investor KITAS. Immigration’s threshold is ten times that – IDR 10 billion of shares in the company.[1][2]

With only IDR 1 billion, you are below the investor kitas share ownership minimum. Your options then shift to a working KITAS (with a formal work permit and USD 100/month DKP-TKA contribution) or other residence categories, not the E28A investor track.[1]

Does the 10 billion have to be “in cash”?

No one is checking a suitcase of money. What matters is documented, paid-up capital in shares – as reflected in your deed, capitalisation documents, and company bank evidence. The structure needs to be coherent: share nominal value, total issued shares, and your percentage must all add up to at least IDR 10 billion under your name.

Investor KITAS: Director or Commissioner – What’s Allowed?

One big advantage of the E28A is that you can be appointed as director or commissioner of your PT PMA, and conduct management and investment-related activities without an additional work permit, as long as those activities stay within the investor framework.[1][2]

The rules in simple terms:

  • If you meet the bali investor kitas requirements (IDR 10B shares, proper documentation) and your role is director or commissioner, you may manage the company and attend to strategic decisions on an Investor KITAS.[1][2]
  • If your shareholding is below 10B but you are a director/commissioner, you must switch to a working KITAS with a full work permit and DKP-TKA payments.[1]
  • Immigration increasingly checks whether your daily activity matches your visa type. Doing operational work that looks like staff-level employment can raise questions.

So, in practice, the investor kitas director or commissioner role is managerial and strategic, not hands-on job replacement for local employees.

Can a Foreigner Apply for Investor KITAS? (Short Answer: Yes)

If you are wondering, “can foreigner apply for investor kitas?” the answer is absolutely yes – that is the whole point of the E28A category. It is built for foreign investors who want to live in Indonesia while managing their investments.[1][2][3]

The bigger question is whether you match the investor kitas legal requirements:

  • You have a properly structured PT PMA aligned with your business activity (e.g. property rental, consulting, trading).[2]
  • Your share ownership meets the investor kitas share ownership minimum of IDR 10 billion.[1][2]
  • Your documentation is consistent across notary deed, OSS/BKPM, and immigration filings.[2]
  • You pass standard checks: clean criminal record, no overstay history, passport from a non-sanctioned country.

If any of this feels overwhelming, this is exactly what we handle inside our concierge service – from PT PMA setup to KITAS stamp in your passport.

Investor Visa Bali Requirements: Documents You’ll Need

Let’s translate the law into a practical checklist. For 2026, typical investor visa bali requirements for an E28A look like:

  • Passport (minimum 6 months validity at the time of application, but aim for 18–24 months).[2]
  • Recent colour photograph in the required format.[2]
  • Proof of funds – usually a bank statement showing at least USD 2,000 or equivalent.[2]
  • Company documents:
    • Deed of establishment and latest amendment.
    • Ministry of Law & Human Rights approval letter.[2]
    • BKPM / OSS registration documents.
    • Company bank statements for the last 2 months.[2]
  • Evidence of share ownership ≥ IDR 10,000,000,000 in the guarantor PT PMA, under your name.[2]

Processing is typically 5–10 working days after submission when everything is in order.[3] You receive an e-Visa to enter Indonesia, then finalise your KITAS and biometric registration after arrival.

Investor KITAS vs Other Paths: Are You in the Right Category?

The E28A is not the only way to live in Bali, but it’s the most logical if you’re building a real business or investment portfolio.

  • Investor KITAS E28A – for PT PMA shareholders with minimum IDR 10B shares. No separate work permit if you act as investor/director/commissioner only.[1][2]
  • Working KITAS – for foreign employees or directors with smaller shareholdings. Requires IMTA/work permit and DKP-TKA payments.[1]
  • Second-home / Golden visa – for high-net-worth individuals parking assets in Indonesian banks or government bonds, not necessarily operating a business.[4]

If your intention is to run a villa management company, creative agency, or consulting firm, the PT PMA shareholder visa route via E28A gives you a clean, defensible framework to live here and manage your structure long-term.

For a detailed cost breakdown and how it compares to working KITAS or second-home visas, see: Bali Investor KITAS Cost 2026**: Exact Fees, Government Charges, and Agent Pricing.

Short FAQ: Investor KITAS E28A in 2026

1. Who qualifies for E28A visa in Bali?

Any foreigner who is a registered shareholder of a PT PMA in Indonesia, holding at least IDR 10,000,000,000 in shares, with the company and shareholding correctly registered with the Ministry of Law & Human Rights and BKPM.[1][2]

2. Can I work on an Investor KITAS?

You can manage and represent your company as an investor, director, or commissioner – board-level roles – without a separate work permit.[1][2] But you cannot take staff-level employment or work for a different company on this visa.

3. Can you get Investor KITAS with under 10 billion rupiah?

No. With less than IDR 10B in shares you fall short of the investor kitas share ownership minimum. You would need a working KITAS, second-home visa, or another category instead.[1][2]

What Happens If You Don’t Meet the Requirements?

Immigration is unforgiving on misalignment. If your application doesn’t match the formal investor kitas legal requirements – for example, your deed says IDR 2B but your agent files you as 10B, or your PT PMA is dormant with no bank activity – the likely outcomes are:

  • Application rejection and lost government fees.
  • Closer scrutiny on any future visa applications under your name or your company.
  • In extreme cases, cancellation of existing permits or blacklisting.

That’s why the smart move is to structure the PT PMA properly from day one, capitalise it correctly, and only then submit an E28A application. Done properly, it becomes your bridge to long-term stay, eventual KITAP (5‑year permanent stay), and a clean track record with Indonesian authorities.[5]

Next Steps: Structure First, Then Apply

If you are serious about making Bali your base, your sequence should be:

  • Clarify your business model and activity codes.
  • Set up or clean up your PT PMA so your capital and shares meet the IDR 10B threshold.
  • Align your role (shareholder, investor kitas director or commissioner) with your intended daily reality.
  • Only then file your Bali Investor KITAS E28A.

We handle that entire chain inside our concierge service: company setup, share structure, E28A sponsorship, and all the way through to KITAP once you are eligible.

If you are ready to check your eligibility or want a second opinion on an existing PT PMA, start from our home page or message us directly.

WhatsApp us now to check your Bali Investor KITAS E28A eligibility and share structure in under 24 hours.

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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.

This editorial briefing on Bali Investor KITAS E28A Requirements**: Who Qualifies, Minimum Shares, and Eligibility Rules reflects current intelligence as of June 2026. Updated quarterly. For specific inquiries, contact the Lucia Cole — senior analyst response within 24 hours during business hours.

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