Question: How much do I need to retire in Jakarta?

Minimum cost of US$35,000 if purchased house/apartment or, a minimum rental cost of US$500/month in Jakarta, Bandung, and Bali; US$300/month for other cities in Java Island, Batam, and Medan, and other cities a minimum US$ 200/month.) in the tourist areas according to the regulations.

How much do you need to live comfortably in Indonesia?

The cost of living in Indonesia is quite low, so its possible to live comfortably on a surprisingly small amount of cash. A recent survey found that a single person can live comfortably on Rp 13,415,843 (about $900) a month. A family of four would need about Rp 29,846,962 (about $2,000) to live comfortably.

What are the requirements to retire in Indonesia?

What are the requirements for getting Retirement Visa Indonesia?Older than 55 years old.Photographs with red background.A passport valid for the next 18 months with a minimum of six blank pages.Cannot work in Indonesia.Must employ a domestic helper or a maid.Have an Indonesian life and health insurance.More items

How much is a good salary in Jakarta?

The average gross salary in Jakarta is $15,323.86 a year, $1,277 per month, and $7.37 an hour.

Is living in Jakarta cheap?

The prices in Indonesia are generally cheaper than most cities in the US and Europe. However, Jakarta itself is not a cheap city. In fact, when you compare to other capital cities in Southeast Asia, Jakarta is probably the most expensive city (after Singapore, of course) for expats.

Can I retire to Indonesia?

While many come for a one-month stay on a tourist visa, there is now a way to stay longer, on a retirement visa. The retirement visa allows you to live in Indonesia, make multiple trips out of Indonesia during the year, open a local bank account, and get a drivers license, etc.

Is Jakarta a safe place to live?

Generally speaking, Jakarta is a safe place to live but, like any large city, expats should be savvy and take precautions for their safety as they would do anywhere else. Violent crime is rare, but petty crime is fairly common and expats should always be cautious of scams.

Can foreigners own apartments in Indonesia?

Buying Property in Indonesia. In the late 90s, new laws were enacted so that foreigners are permitted to purchase apartments and office space in Indonesia, IF the building has a strata title status. This enables the foreigner to own the apartment or office space but not the land on which it stands.

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