Every individual dreams of having a decent and calm life when entering old age. This is where the role of the state is very important in ensuring the lives of its people when it comes to retirement.
Owing to rising living costs and inaccessible, often expensive healthcare, many expats are now choosing to retire overseas.
There are many countries where expats choose to retire, depending on their needs. For example, one popular overseas retirement destination for Americans is Canada, favored for its high quality of life and proximity to the United States.
Expats are starting to look at countries that have cheaper health facilities and also cheaper living costs.
Data from InsiderMonkey released a list of retirement destinations favored by expats.
Top Countries to Spend Your Old Age in
Taiwan
Expats report finding healthcare to be widely available and affordable. The healthcare quality in Taiwan is also very good, with an array of quality doctors and hospitals. Although not on the list of Asian countries with cheap living costs, the cost of living here is cheaper than in Europe and the U.S.
Mexico
According to the Expat Insider Survey, Mexico is the world’s best country for expats. Not only is the cost of living cheaper, but the average expat who chooses to retire in Mexico reports a quality social life and comfortable life in a much warmer climate.
Retirement KITAP in Indonesia
Expats who want to stay in Indonesia in their old age can apply for Retirement KITAP or Pension KITAP. Moreover, destinations such as Bali and Jakarta are starting to be looked at by expats as a place to retire.
KITAP stands for Permanent Residence Permit Card, the most sought-after identity card for foreigners who want to live in Indonesia. Retirement KITAP is a five years visa that allow foreigner to live in Indonesia.
As we all know, in order to live in a country, we need an identity card from a government organization. In Indonesia, people from abroad can obtain a KITAP or Permanent Residence Permit Card and stay for a long time.
The KITAP visa is by far the most comprehensive, cost-effective, and stress-free visa available. It is an identity card that you can apply for at any time if you need a longer stay in Indonesia.
Overall, KITAP will save you a lot of travel time, money, and stress and can also reduce your stress levels. This is what makes KITAP the number one choice for expats who want to stay in Indonesia for a longer period of time.
Unlike KITAS or Retirement KITAS, which is an annual permit, obtaining KITAP means you no longer need to make annual trips to the Indonesian immigration office or spend months processing and renewing your residence permit documents each year.
Apart from being the most comprehensive visa, KITAP is also one of the most difficult visas to obtain. Let’s take a look at how to obtain a Retirement KITAP.
Who can apply for Retirement KITAP?
The candidates who are eligible to obtain a KITAP license in Indonesia are:
- Foreigners with an Indonesian spouse, meaning the expatriate must be in a relationship with an Indonesian citizen.
- Foreign investors, directors, or commissioners in Indonesian companies who have been issued KITAS for 3 consecutive years from the same company with the same position
- Indonesian citizens who wish to regain their citizenship. Some may change their citizenship due to work, family, or other factors.
- If he/she wants to regain his/her residence permit in Indonesia, then he/she must re-applying for a KITAP permit.
The main requirement for KITAP applicants for retirees is age. To get a retirement KITAP, you must be over 55 years old and have had a retirement visa for 4 consecutive years before applying.
KITAP Retirement Requirements
In addition to the requirements you must fulfill earlier, you need several documents to get KITAP quickly. These documents are:
- Passport (active for at least 18 months).
- KITAS
- Sponsor or guarantor letter.
- Copy of Marriage certificate (if married)
- A recent photograph
- Indonesian ID (KTP) of your sponsor or guarantor.
- Taxpayer Identification Number (NPWP).
- Declaration letter stating no intention to work in Indonesia (for retirees).
- Work permit (IMTA) and legal documents of the sponsoring company (for foreign investors).
How to apply for a Retirement KITAP
- Submit the Retirement KITAP application at the local immigration office
- Attend Biometric and fingerprint session
- Process approval from the Immigration Office
- KITAP completion
To apply for Retirement KITAP, you must be at least 55 years old, and we know that managing the whole bureaucratic process can be quite difficult.
Choose LetsMoveIndonesia as the agency that offers an easy and smooth retirement KITAP service. The process will be seamless as a trusted visa service agent with years of experience.
Contact LetsMoveIndonesia, and they will process it for you.
