In recent years, Indonesia has emerged as a beacon of opportunity for investors seeking high-growth markets in Southeast Asia. Among the diverse array of investment destinations within Indonesia, the picturesque island of Lombok stands out as a particularly promising destination. With its stunning landscapes, growing economy, and supportive government policies, Lombok offers foreign investors a bridge to new opportunities in the Indonesian market.

One of the key factors contributing to Indonesia’s attractiveness as an investment destination is the implementation of the “bridging visa” policy for foreigners. This innovative policy, introduced by the Indonesian government, serves as a bridge between previous residence permits and new ones, allowing foreign investors to stay in the country while taking care of their residency requirements.

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Under this policy, foreign nationals holding visit visas applied through the evisa.imigrasi.go.id platform can obtain limited stay permits without having to leave Indonesia. Similarly, holders of limited stay permits and permanent stay permits that can no longer be extended can obtain new residence permits without having to exit the country. This flexibility not only saves investors time and energy but also provides them with legal certainty, crucial for conducting business in a foreign market.

The transitional residence permit, valid for 60 days, is a game-changer for investors looking to establish a foothold in Indonesia. This permit is only valid onshore, catering to foreigners who are already within the Indonesian territory. Foreigners seeking a change of status to a limited stay permit are eligible to apply for this visa. Importantly, foreign nationals holding a transitional residence permit are not subject to overstay if their application is approved after their previous residence permit has expired.

To apply for a transitional residence permit, foreigners can conveniently submit an application through the evisa.imigrasi.go.id website and make the necessary immigration fee payment. The streamlined process ensures that investors can focus on their business activities without the hassle of navigating complex bureaucracy.

Beyond the convenience offered by the bridging visa policy, Lombok presents a wealth of investment opportunities across various sectors. The island’s burgeoning tourism industry, coupled with its natural beauty and cultural richness, makes it an attractive destination for hospitality and real estate investments. Additionally, Lombok’s strategic location within the Indonesian archipelago positions it as a hub for trade and logistics, with ample opportunities in manufacturing and infrastructure development.

Furthermore, Indonesia’s robust economic growth, favorable demographic trends, and ongoing infrastructure investments underpin the country’s long-term potential as an investment destination. With a population of over 270 million people and a rapidly expanding middle class, Indonesia offers a sizable consumer market ripe for investment across industries ranging from e-commerce to renewable energy.

For foreign investors eyeing the Indonesian market, Lombok serves as a gateway to untapped opportunities in one of Southeast Asia’s most dynamic economies. Whether exploring the island’s thriving tourism sector, tapping into its growing consumer market, or leveraging its strategic location for regional trade, investing in Lombok and Indonesia promises a journey filled with potential and prosperity.

In conclusion, the implementation of the bridging visa policy underscores Indonesia’s commitment to attracting foreign investment and facilitating ease of doing business. As investors navigate the evolving landscape of global markets, Lombok shines as a beacon of opportunity, offering a bridge to new horizons in the vibrant Indonesian economy. With its welcoming business environment, supportive government policies, and boundless potential, Lombok invites investors to embark on a journey of growth and success in the heart of Southeast Asia.

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