Indonesia Facts And Figures- FAQs
In 2023, a new visa program was started in Indonesia. It allows foreign nationals to invest in the local economy, buy real estate, and open a bank account in the country.
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Top Destinations:
Whether you’re looking for fun and sun, a peaceful retirement, or the chance to earn some extra income, you’ve got a real world of opportunity open to you… In short, we’ve done our best to narrow down your best options, but only you can decide the right country for you.
Best For:
How Much Will It Cost You To Live Overseas?
The only honest answer is, we have no idea. And neither does anyone else. The only one who can answer that question is you.
Follow Us:
Join our Weekly Newsletter
Overseas Property Alert
Sign up for our weekly newsletter to receive expert insights on the best international real estate investment opportunities.
Upcoming Events
Live And Invest In Belize Conference 2025
Live And Invest In Portugal Conference
International Property Summit
BELIZE CITY, BELIZE
FEB. 19-21, 2025
ALBUFEIRA, PORTUGAL
APR. 09-11, 2025
PANAMA CITY, PANAMA
JUNE, 2025
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Home » Best Countries To Live, Invest, And Retire Overseas » Indonesia » Indonesia Facts And Figures
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Information Type | Indonesia Data |
---|---|
Population | 283,487,931 (Dec. 2024 est.) |
Gross Domestic Product (GDP) | US$1.40 trillion (2024 est.) |
GDP Per Capita | US$4,980 (2024 est.) |
Inflation Rate | 2.48% (2024 est.) |
Currency | Rupiah (IDR) |
Exchange Rate Versus U.S. Dollar | 15,945 Indonesian rupiah (IDR) per 1 US dollar (Dec. 2024) |
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 | 11,436,000 (2024) |
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 |
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.
Start Your New Overseas Life Today
We Value Your Privacy! We will not share your email address with anyone else, period.
In 2023, a new visa program was started in Indonesia. It allows foreign nationals to invest in the local economy, buy real estate, and open a bank account in the country.
We Value Your Privacy! We will not share your email address with anyone else, period.
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