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    Indonesia Facts And Figures

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        Indonesia Facts And Figures

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        Reviewed By Kathleen Peddicord

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          Stone statues at an Indonesian temple
           
          Information Type Indonesia Data
          Population 273,523,615 (June 2020 est.)
          Gross Domestic Product (GDP) US$1.55 trillion (2020 est.)
          GDP Per Capita US$4,600 (2020 est.)
          Inflation Rate 2.87% (2020est.)
          Currency Rupiah (IDR)
          Exchange Rate Versus U.S. Dollar 14,060 Indonesian rupiah (IDR) per 1 US dollar (June 2020)
          Language Bahasa Indonesia (official, modified form of Malay), English, Dutch, local dialects (of which the most widely spoken is Javanese)
          Capital Jakarta
          Population of Capital City 10,770,487 (2020)
          Time Zone UTC+7 (12 hours ahead of Washington, DC during Standard Time)note: Indonesia is divided into three time zones
          Seasons tropical; hot, humid; more moderate in highlands
          International Dialing Code 62
          Electricity 127/230 V*, 50 Hz
          System of Government Presidential Republic
          Name and Party Affiliation of Current Leader President Joko Widodo (Since October 2014)
          Income Tax Rate for Residents 5%-30%
          Property Tax 0.5% of the value of the property, higher rates apply to certain high value housing and large estates.
          Capital Gains Tax 5%
          Inheritance Tax No
          Rental Income Tax No
          Transfer Tax Applies to financial transaction depending on the amount of the transaction
          Sales Tax 10%
          Restrictions on Foreign Ownership of Property It is against the law for foreigners to own freehold land. However, foreigners can also purchase condominiums, as long as they don’t own the land on which the condo stands.
          Local Chamber of Commerce
          American Chamber of Commerce
          Primary Exports Firstly, oil and gas, electrical appliances, plywood, textiles, rubber
          Residency and Visa Requirements An Indonesia visa is necessary for all U.S. citizens who plan to visit the country. Most importantly, Indonesia has several different visas categorized as Visit Visas. So, you can either apply for a visa to Indonesia yourself or you can contract a private travel document expediter.
          Special Benefits for Foreign Residents or Retirees No
          National Airline Garuda
          Kathleen

          Reviewed By Kathleen Peddicord

          Kathleen is the Live and Invest Overseas Founding Publisher. She has more than 30 years of hands-on experience traveling, living, and buying property around the world.

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            Portugal is on the Iberian Peninsula, in the southwest corner of Europe. Portugal shares that peninsula Spain, its larger neighbor.

            Portugal is known for Fado music and also for being the largest cork producer in the world.

            Portugal’s high season is during July and August, especially to coastal areas. Expect to pay at least a 30% premium on accommodation and encounter warm weather across the country.

            Yes, Portugal is a sought after retirement destination. In fact, it’s one the world’s top retirement havens.

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