(5/20/2002)
The Department of Immigration has announced changes in policies designed to make it easier for Senior Citizen's seeking to retire in Indonesia.
Mr. M. Iman Santoso, the Director General of Immigration, announced new decrees last month that lower the amount of financial capability that must demonstrated by senior citizens seeking to settle in Indonesia. The US$2,500 monthly maintenance minimum has been reduced to just $1,500. A secondary requirement that stipulated foreign retirees must spend a minimum of $1,000 per month on housing in either Jakarta, Bandung, or Bali, has been reduced to only $500 per month.
The Indonesian government issues 5 year stay permits for foreign retirees seeking to settle in Indonesia meeting specific qualification criteria set by the immigration department.
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