Information, not advice: Second Home Visa Indonesia is an independent editorial guide — not the Government of Indonesia, not the Directorate General of Immigration, and not a law firm or licensed adviser. The Second Home Visa is a non-working visa; the IDR 2 billion deposit is IDR-set and FX-exposed, rules change by regulation, and figures are "last verified June 2026" — confirm at the e-Visa portal (evisa.imigrasi.go.id) and with licensed Indonesian immigration/tax counsel before acting. We never promise approval. If you engage a partner we introduce, that partner may pay us a referral fee at no cost to you.
Second home visa indonesia bank account rules are simple on paper: you must place a state‑bank deposit of IDR 2,000,000,000 in your own name as proof of funds, then show that account to Immigration. This page explains how the Indonesia bank account second home visa requirement actually plays out: which banks are accepted, what the officers look for, and where people get stuck.
Quick definition: the “state-bank account” for Second Home
For the Second Home Visa (E33F) and Second Home ITAS/ITAP, you must prove funds in Indonesia by:
– Opening an account in your name at a **state‑owned bank**, then
– Placing a **time deposit of IDR 2,000,000,000** or equivalent foreign currency, and
– Showing official proof of that deposit to Immigration.
That is the **“state-bank account requirement”** you see in the Circulars.
From the most recent circulars:
– **Amount:** IDR 2,000,000,000 (two billion Rupiah) — **last officially referenced in Circular as of 25 October 2022 [VERIFY against latest Circular before applying].**
– **Legal basis:** Among others, *Surat Edaran Dirjen Imigrasi No. IMI‑0740.GR.01.01 Tahun 2022* and its follow‑up circulaires on implementation of Second Home Visa and ITAS.
Immigration will not tell you **which bank second home visa deposit** to choose. They only state “state-owned bank” (bank milik negara). In practice, that narrows your list but still leaves important decisions on branch, currency and product type.
Atomic facts: deposit and duration
These points come directly from the current regulations and implementation guidelines.
| Item | Fact | Source / Notes |
|---|---|---|
| Visa category | Second Home Visa (e‑Visa E33F) leading to Second Home ITAS / ITAP | Dirjen Imigrasi Circulars on Second Home |
| Required funds | IDR 2,000,000,000 or equivalent foreign currency | Circular IMI‑0740.GR.01.01 (25 Oct 2022) |
| Requirement type | Proof of funds via state‑owned Indonesian bank account or owned luxury property (per later Circulars) | Subsequent clarifications by Ditjen Imigrasi |
| Account owner | Must be in the foreign applicant’s own name | Practice-based interpretation of “atas nama orang asing pemohon” |
| Bank type | State‑owned bank (Bank Umum Milik Negara) | Circular wording “Bank milik negara” |
| Placement form | Time deposit / deposito berjangka or savings with blocking letter, depending on bank product | Bank product rules + Immigration practice |
| Placement duration | Must be maintained throughout Second Home stay period (5–10 years) | Circular states “wajib dipertahankan selama tinggal” |
| Work rights | No right to work or receive salary in Indonesia on Second Home | Immigration regulations for stay permits |
| Tax residency | Staying >183 days in any 12‑month period may create Indonesian tax residency | UU PPh (Income Tax Law) 36/2008 and amendments |
All numbers above are **regulation-based**, not promises. Immigration can tighten or relax internal practice without updating the English pages on the official site, so **treat this as a starting point, not a guarantee**.
Which banks count as “state-owned” for the Second Home deposit?
The Circular uses the term **“bank milik negara”** (state‑owned bank). It does not list specific institutions. In Indonesian banking law and practice, **Bank Umum Milik Negara** are conventional commercial banks where the majority share is held by the Government of Indonesia.
As of mid‑2026, the main state-owned commercial banks fall into this category. In practice:
– Immigration officers accept deposit proof from **these state‑owned banks** as meeting the “bank milik negara” requirement.
– Proof from purely private or foreign‑owned banks has been **rejected** for Second Home in multiple reported cases, even when the balance exceeded IDR 2bn.
Because **no one can pay to change what we publish; if you proceed with our partner they may pay us a referral fee at no extra cost to you**, we do not push a single bank. We map the options, then connect you with **licensed, on‑the‑ground partners** who work within your risk tolerance and timeline.
If you want a list of currently accepted branches and up‑to‑date officer preferences for your chosen city, you can plan your trip with our vetted partners via email or WhatsApp.
Step-by-step: opening the Indonesia bank account for Second Home
Below is the practice‑based sequence many Second Home applicants follow. Some steps can be combined or reordered depending on your bank and agent.
1. Decide: cash deposit vs property route
Later Circulars opened a parallel track: **luxury property ownership** (e.g., certain SHM/SHGB titles for high‑value homes) can, in some cases, substitute for the cash deposit.
Right now:
– **Deposit route:** You place **IDR 2bn** in a state‑bank account.
– **Property route:** You present property ownership documents that meet specific criteria (value, location, title type) instead of cash.
This article focuses on the **deposit route**, because it is more universally defined. If you are exploring both, a specialist review of your land certificates is essential; officers have rejected properties that looked compliant on paper.
2. Choose your bank and branch
Factors to weigh:
– **Location:** Branches in Jakarta and Bali handling many expatriate clients usually understand the Second Home requirement better.
– **Language:** Some branches can handle account opening in English; others expect Bahasa Indonesia.
– **Remote vs in‑person:** A few banks allow partial pre‑processing online but still require your physical appearance for KYC.
– **Currency:** Some applicants use **IDR term deposits**, others place **foreign currency deposits** meeting or exceeding the IDR 2bn equivalent on the bank’s conversion date. Immigration has accepted both where the bank’s letter clearly states the IDR equivalent.
Useful Indonesian terms to know:
– **Rekening tabungan:** Savings account
– **Deposito berjangka:** Time deposit
– **Surat keterangan saldo / penempatan dana:** Balance or deposit confirmation letter
– **Blokir dana:** Funds blocking (funds cannot be withdrawn without authorization)
3. Prepare documents for the bank (KYC)
Each bank has its own KYC policy, but typically you should expect:
– Passport (valid at least 6–12 months, depending on bank policy)
– Indonesian mobile number (for SMS / app)
– Domicile info (hotel booking, rental, or sponsor address)
– Tax ID (if any; some banks will ask about your home‑country TIN)
– Recent photograph (often taken at the branch)
Some branches also ask for:
– Existing Indonesian stay permit (KITAS/KITAP) or
– A sponsor letter from your future employer or agent.
That is a **catch‑22** for Second Home: you may not yet hold any Indonesian stay permit. In practice:
– Some state‑owned bank branches now accept **Second Home pre‑approval or application documents** instead of an existing KITAS.
– Others accept you as a **“non-resident” account holder** with just a passport and local contact details.
This is where local practice diverges from the bank’s website. Our experience: **branch selection matters more than bank selection** if your only ID is a passport.
4. Open the base account, then place the time deposit
Almost all banks will:
1. Open a **current or savings account** in your name first.
2. Then place the **IDR 2bn** as a **time deposit or blocked placement** linked to that account.
Practical details to clarify at the counter:
– **Tenor:** Common periods are 1, 3, 6, or 12 months, auto‑renewable. Since Second Home stays last **5–10 years**, you will usually roll over the deposit many times.
– **Interest:** Ask whether interest can be:
– Paid into a separate account you can use, or
– Capitalized into the deposit, or
– Withdrawn abroad;
then consider the tax implications.
– **Early withdrawal:** Confirm if early break is allowed and what penalties apply. Immigration expects the funds to remain in place during your stay; a premature withdrawal to “test the system” can cause issues on renewal.
5. Obtain the official deposit confirmation letter
For Immigration, the key product is not your passbook or app screenshot. It’s the **formal letter** from the bank, typically:
– Printed on **bank letterhead**
– Stating:
– Your full name and passport number
– Account or deposit number
– Deposit amount
– Currency and **IDR equivalent** where relevant
– Date of placement
– Signed and stamped by an authorized bank officer.
In Bahasa, you can ask for:
> “Surat keterangan penempatan deposito untuk keperluan Visa Second Home dari Imigrasi.”
Many branches now recognize this phrasing. If they do not, our partners can supply **sample wording** that has been accepted by Immigration in recent months.
6. Use that letter in your Second Home application
You (or your visa facilitator) will upload the deposit letter during the:
– **e‑Visa (E33F) application** stage, or
– **Conversion to ITAS/ITAP** stage, depending on your timeline and the interpretation of the latest Circular.
Key practices we see:
– Keep the **placement date as close as practical** to your visa application date to avoid questions like “Has the balance already dropped below IDR 2bn?”
– Retain **original hard copies** of the letter for your records and potential future checks.
If you want someone to sanity‑check your bank letter against current officer expectations before you submit, you can plan your trip with our partners over WhatsApp or email.
How the deposit interacts with eligibility, work limits and tax
Eligibility: funds are necessary, not sufficient
The **IDR 2bn deposit is a threshold condition**, not a guarantee. Immigration still checks:
– Your **passport validity**
– Any **blacklist / overstay** history
– Whether your **declared purpose (Second Home)** aligns with your overall profile.
We deliberately avoid language like “guaranteed approval” because it does not exist in the law. Even complete files can be refused at the Directorate General’s discretion.
No work rights on Second Home
Second Home is a **residence class**, not a work permit.
You **may not**:
– Work for an Indonesian entity as an employee
– Receive salary/“gaji” in Indonesia
– Perform on‑the‑ground operational roles that require a **work KITAS (IMTA)**
You generally **may**:
– Manage your assets
– Hold non‑executive positions where you are not the registered “Tenaga Kerja Asing”
– Receive **investment returns**, dividends, interest, or overseas income.
If you need to work, you will be looking at **different KITAS routes** (e.g., investor KITAS, work KITAS via a PT PMA), each with its own capital and tax profile. We cover those in our separate KITAS pillar content.
Tax: deposit visibility and residency risk
Two realities:
1. **Bank secrecy is not tax immunity.** Indonesian banks can, under certain conditions and agreements, share information with tax authorities.
2. **Staying >183 days** in Indonesia within a 12‑month period can make you a **tax resident**, regardless of your visa type.
For a Second Home holder this implies:
– Your **global income** may become taxable in Indonesia once you are a tax resident, subject to treaty rules and exemptions.
– The **interest** on your IDR or foreign‑currency deposit may attract **final withholding tax** at the bank level.
– Tax rules for “certain foreign taxpayers” have been evolving, especially around high‑net‑worth individuals who spend substantial time in Indonesia.
We do not give tax advice. This is **information, not advice**. Before placing IDR 2bn in a local bank, run your scenario past a **licensed Indonesian tax consultant** plus your home‑country advisor.
Common pain points in opening the Second Home state-bank account
1. Banks asking for a KITAS you don’t have yet
This is the most frequent loop:
– Immigration wants **deposit proof** before granting the stay permit.
– The bank wants an **existing stay permit** before opening the account.
How people navigate it in practice:
– Using branches that accept **passport‑only** foreign clients.
– Presenting **Second Home visa approval** (if you applied with other proof of funds first) to satisfy the bank’s KYC.
– Working through **licensed facilitators** familiar with specific branch precedents.
2. Misunderstanding “can I use my private bank?”
If your wealth is already with an international or private bank in Indonesia, it is rational to ask: “Can they just issue the letter?”
At the time of writing:
– The Circular still says **state‑owned bank**.
– Several applicants who tried using **non‑state banks** reported rejections at the visa processing stage, even with large balances.
Unless a new Circular or implementing regulation explicitly broadens acceptable bank types, assume **state‑owned only**.
3. Currency and FX risk
If you hold the deposit in **foreign currency (e.g., USD, EUR)**:
– The bank’s letter should show the **IDR equivalent** above IDR 2bn.
– If the Rupiah strengthens and your FX value dips below IDR 2bn equivalent at some checkpoint, an officer could raise questions.
Conservative approach:
– Place **slightly above IDR 2bn** equivalent at the bank’s prevailing rate.
– Periodically confirm that your balance in IDR terms still exceeds the threshold.
4. Access to funds during your stay
Regulation says the deposit must be **maintained**; it does not specify a particular product beyond the bank type and amount.
In practice, Immigration expects:
– The **principal amount** (IDR 2bn) to remain **in place**.
– You to **not** deplete it to fund daily living expenses.
Interest is a grey area: many holders use the **interest stream** for local expenses while keeping principal intact. Your bank and tax advisors should clarify the implications.
How this bank account fits into the full Second Home process
To see where the state‑bank account sits, here is the high‑level journey for the **deposit route**:
- 1. Feasibility check
- Confirm you can meet the IDR 2bn deposit and that Second Home (non‑work) aligns with your Indonesia plans.
- 2. Banking preparation
- Choose state‑owned bank and branch; assemble KYC documents; decide currency and product type.
- 3. Account opening & deposit placement
- Open base account, place time deposit/blocked funds, obtain official deposit letter.
- 4. E‑Visa (E33F) application
- Submit online through the official Immigration portal, attaching your deposit letter and other required documents.
- 5. Arrival & stay permit issuance
- Enter Indonesia with your e‑Visa; convert to Second Home ITAS/ITAP as directed by Immigration; continue maintaining the deposit.
- 6. Compliance & renewals
- Ensure funds remain in place, track visa validity, and address any tax or reporting duties as a (potential) tax resident.
We cover the non‑bank steps in our main Second Home Visa pillar guide on this site.
Independence and how we work with partners
Second Home Visa Indonesia is **independent**: our editorial line is set from the Circulars and implementation practice, not from agents or banks. **No one can pay to change what we publish; if you proceed with our partner they may pay us a referral fee at no extra cost to you.**
That means:
– We do not promise approvals.
– We do not promote a single **“magic” bank**.
– We highlight **common failure points** even when they are commercially inconvenient.
If you want introductions to **licensed visa facilitators and banking teams** who understand the Second Home deposit in your region, you can plan your trip with us and coordinate details by WhatsApp.
FAQs: Second Home Visa Indonesia bank account
Do I have to open the Indonesia bank account before applying for the Second Home Visa?
For the deposit route, Immigration expects proof that the IDR 2bn (or equivalent) is already placed in a state‑owned bank when you apply or, at latest, when your stay permit is issued. Some applicants apply first with alternative proof of funds and then finalize the deposit before ITAS/ITAP conversion, but that timing depends on current practice at the processing office and can change.
Can I use an existing private or foreign bank account in Indonesia for the Second Home deposit?
Current Circulars specify a “bank milik negara” (state‑owned bank). Applicants using purely private or foreign‑owned banks have seen rejections, even with sufficient balances. Unless a new regulation broadens acceptable institutions, you should plan on using a state‑owned bank for the official deposit proof.
Can I withdraw the IDR 2bn after I get my Second Home ITAS or ITAP?
The Circular states the funds must be maintained for the duration of your stay. Withdrawing or reducing the deposit below IDR 2bn during your Second Home period can jeopardize future renewals or even trigger cancellation if discovered. The practical, conservative approach is to treat the principal as locked for as long as you hold Second Home status.
Does the Second Home bank deposit give me the right to work or open a business in Indonesia?
No. The deposit is only a proof‑of‑funds condition for residence. Second Home holders do not have work rights and cannot legally work as employees for Indonesian entities. If you need to work, receive local salary, or be listed as foreign manpower for a company, you must use other KITAS routes designed for employment or investment.
Is the IDR 2bn figure fixed, or can it change?
The IDR 2bn amount is stated in the original 25 October 2022 Circular and remains the operative number as of the latest public guidance, but it is not guaranteed forever. The Ministry of Law and Human Rights and Immigration can issue new Circulars or regulations adjusting this threshold. Always verify the current amount and conditions against the latest official documents or through a trusted professional before placing your deposit.