How does the Investor KITAS (E28A) work?

Two years of residency attached to your PT PMA shareholding — and the permit most property-holding structures run on.

If you have set up a PT PMA — to hold property on HGB, to run villa rentals, to run any business — the E28A is the stay permit that goes with it.

What it gives you

Two years, renewable. Residency, a local bank account, the ability to hold Hak Pakai personally alongside whatever the company holds, and a legal basis to be involved in your own business.

Requirements

Qualifying shareholding in the PT PMA. The company must be properly incorporated with its NIB issued through OSS, and the paid-up capital must actually be in the company's account.

Where you are a shareholder taking a director or commissioner role, parts of the foreign worker approval process are relaxed under Article 19 of PP 34/2021. Where you are working in the company as an employee rather than an owner, you are in Work KITAS territory instead: full RPTKA approval, plus the DKPTKA levy of USD 100 per month — USD 1,200 a year per foreign worker, paid through SIMPONI before the permit issues.

What it costs to keep

The visa is the cheap part. The company behind it is not. A PT PMA carries:

Monthly tax filings through Coretax
Quarterly LKPM investment reports
Annual corporate tax return, due 30 April
Annual financial statements
BPJS health and employment registration for staff

Budget several thousand US dollars a year for accounting and compliance before you have earned anything. People underprice this constantly, then let the filings slip, then discover the company is non-compliant at the exact moment they need it to be clean — a sale, a licence renewal, a visa extension.

The dormant company problem

An investor KITAS is attached to a real company doing real business. A PT PMA that exists only to hold a villa, files nothing, and reports no activity is visible to both the investment board and the tax office.

If your only reason for the company is to hold property you live in, look hard at whether Hak Pakai does the job instead. It has no annual compliance load at all.