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.
The interest rate on second home visa deposit Indonesia is not defined in any immigration regulation. The IDR 2,000,000,000 deposit (or equivalent) is required by law, but any interest on that deposit depends entirely on your chosen bank and product, not on the visa rules.
Below is the regulation-grounded version: what the law actually says, what it doesn’t say, and the practical consequences for interest, access to funds, and tax.
The Second Home Visa Deposit: What the Law Actually Says
Indonesia’s Second Home framework is built primarily on:
- PP 48/2021 – Government Regulation on Types and Tariffs of Non-Tax State Revenue (PNBP) at the Ministry of Law and Human Rights.
- Director General of Immigration Circular IMI-0740.GR.01.01/2022 – operational rules for the Second Home Visa / ITAS (commonly called the “Second Home Visa”).
- The visa index classifications – especially for the Second Home limited stay visa and stay permit categories.
From those sources, and later DGI clarifications, we can extract the parts that matter for the deposit.
- Deposit amount
- IDR 2,000,000,000 (two billion rupiah) or equivalent in foreign currency [figure originally formalised in IMI-0740.GR.01.01/2022 – date-stamp: October 2022 – still applied as of June 2026; [VERIFY] before applying].
- Purpose
- Proof of financial capability to reside long-term in Indonesia without working, as required under the Circular and related implementation guidance.
- Where the money sits
- In a bank account at an Indonesian bank in the applicant’s (or supporting party’s) name, as specified in IMI-0740.GR.01.01/2022 and later DGI practice notes.
- Ownership
- The funds remain your money. The immigration authority requires a certificate/statement; it does not “take” or confiscate the funds, provided you stay compliant.
- Duration
- Must be maintained as long as the Second Home stay permit remains valid (5 or 10 years), unless superseded by future regulations [monitor for updates; [VERIFY] with the bank and immigration office at filing time].
- Work rights
- No work rights. The Second Home visa/ITAS does not allow you to work or receive Indonesian-sourced employment income.
Notice: nothing in PP 48/2021 or IMI-0740.GR.01.01/2022 sets a minimum interest rate or mentions “interest” at all. The immigration rules care about the existence and amount of the deposit, not the return on it.
In practice, yes, you can usually earn interest on the Second Home visa deposit, but:
- The interest is a bank matter, not an immigration matter.
- There is no regulation-guaranteed interest rate in PP 48/2021 or IMI-0740.GR.01.01/2022.
- Different banks (and different products in the same bank) offer very different second home visa deposit interest outcomes.
So the real question is not “does the visa pay interest?” (it doesn’t) but “what kind of account does my deposit sit in, and what rate does that account pay?”
How Banks Typically Hold the Deposit
Based on current practice (as of June 2026) reported by applicants and partner banks [market practice, not explicitly codified in PP 48/2021 or IMI-0740.GR.01.01/2022], you will usually see one of three models:
| Model | Where the deposit sits | Interest potential | Pros / Cons (for the applicant) |
|---|---|---|---|
| 1. Standard savings account | Regular savings in IDR or FX (USD/EUR/etc.) | Low but flexible; typical retail savings rate | Easy access; rate often lower than term deposits. |
| 2. Time deposit (deposito berjangka) | Fixed-term deposit (1–12 months, renewable) | Usually higher fixed rate for a set term | Better rate; reduced flexibility during the term. |
| 3. “Blocked” or pledged account | Technically accessible but pledged/blocked as collateral for the visa | Depends on the underlying account type (savings vs deposito) | Immigration gets the guarantee it needs; your practical flexibility may be limited. |
Which model you get will depend on:
- Your chosen bank’s internal Second Home procedures.
- Whether the bank has a dedicated “Second Home” product or uses normal retail products.
- How your local immigration office interprets and checks the “proof of funds” requirement.
If you need help navigating bank options without marketing gloss, you can plan your trip with our analyst team on WhatsApp; we work with vetted partners and keep the regulation separate from sales.
What Affects the Interest Rate on Second Home Visa Deposit Indonesia?
The “best bank rate second home visa” is not a published category. Banks simply offer their standard pricing for high‑balance customers, shaped by:
- Currency: IDR deposits typically pay higher nominal rates than major foreign currencies.
- Product type: Term deposits (“deposito”) usually pay more than instant-access savings.
- Tenor: 6–12 month terms can pay more than 1–3 months; promotional rates may appear.
- Customer profile: Priority / private banking tiers can unlock better pricing.
- Market cycle: Bank Indonesia’s policy rate (BI-Rate/BI7DRR) changes over time and drives retail offers.
Typical ranges seen in the market for large balances as of June 2026 [unregulated estimates: always check directly with the bank; [VERIFY] before locking in]:
- IDR savings account: often around 1–3% p.a. for large balances.
- IDR time deposit: often around 3–6% p.a. depending on tenor and bank tier.
- FX savings (USD/EUR): often near 0–2% p.a. depending on global rates.
Those numbers are not set by immigration law and may change monthly. Banks also use promotions, relationship pricing and bundled products, which can improve or worsen your net yield.
Can You Choose the Bank and Product for the Deposit?
IMI-0740.GR.01.01/2022 specifies that the deposit must be held in an Indonesian bank and evidenced via a bank statement or certificate in a format acceptable to the Directorate General of Immigration (DGI). It does not force you into a single bank or a single product.
In practice:
- You can generally choose among commercial banks operating in Indonesia that are willing to issue the required statement/certificate.
- Some banks now market “Second Home Visa” packages; others simply open a normal account + time deposit and then issue the certificate.
- Immigration usually expects the certificate to:
- Show a balance of at least IDR 2,000,000,000 or equivalent [originally set October 2022; [VERIFY] still unchanged when you apply].
- Identify the account holder (matching your passport data).
- Be recent (often within 30 days of application – check your local office’s practice).
That means you have room to chase the best bank rate second home visa for your risk profile, as long as the bank will support the needed documentation and any “blocking” requirements imposed by your local immigration office.
Access to the Deposit: Is It “Frozen”?
This is an area where practice is still evolving and not fully spelled out in PP 48/2021 or the 2022 Circular.
From how regional offices and banks are handling cases through June 2026 [practice-based, not explicitly codified; [VERIFY] locally before assuming flexibility]:
- The deposit is expected to be maintained at or above IDR 2,000,000,000 (or equivalent) throughout your stay.
- Many banks will flag or pledge the amount as tied to your Second Home status, which can:
- Restrict withdrawals below the required minimum; or
- Require bank/immigration notification if you want to move the funds.
- Some applicants use a multi-account structure: one account or deposit that always holds ≥ IDR 2bn for immigration, and another for day‑to‑day liquidity.
Key point: the law wants proof of assets, not active use. You should plan as if the core IDR 2bn is a long-term reserve, not your spending float, even if your bank technically allows interest withdrawals or partial flexibility.
Tax Treatment of Interest on the Second Home Deposit
PP 48/2021 and IMI-0740.GR.01.01/2022 focus on immigration status and non-tax state revenue (visa fees), not income tax. Interest on your deposit is governed instead by Indonesia’s general tax framework and any double tax treaties.
At a practical level (as of June 2026):
- Bank interest in Indonesia is usually subject to withholding tax at the bank level (for residents, commonly 20% final tax on interest from time deposits and savings above certain thresholds).
- Second Home status does not automatically exempt you from tax on Indonesian‑sourced bank interest.
- Depending on your country of tax residence and treaty position, you may:
- Claim foreign tax credit for Indonesian tax paid on interest; or
- Face additional reporting/assessment in your home country.
Because this intersects with personal tax residency, treaties and offshore structures, which are case‑specific and not handled in PP 48/2021 or IMI-0740.GR.01.01/2022, any comment here is necessarily high‑level, not advice. For actual tax planning we refer readers to licensed tax advisers; we maintain a vetted panel and can connect you via plan your trip on WhatsApp.
Does the Deposit Give You Any Special Banking or Investment Rights?
No regulation in PP 48/2021 or IMI-0740.GR.01.01/2022 grants Second Home holders special banking privileges. Any extras are commercial decisions by the bank, not legal entitlements under immigration law.
Common patterns seen in the market:
- Large deposits can qualify you for priority banking tiers (dedicated relationship manager, easier onboarding).
- Some banks cross‑sell mutual funds, bonds, or structured products, but these are separate from the Second Home requirement. If you move money from the IDR 2bn “proof” into investments, you must still keep qualifying funds parked for immigration purposes.
- Access to FX, remittance and card products is governed by normal banking rules, not the Second Home scheme.
Always separate two questions in your own planning:
- What must I do to stay compliant with immigration rules?
- Given that constraint, how do I optimise yield, liquidity and currency risk on my capital?
Work Limits and the Deposit: No “Investment-for-Work” Shortcut
It is important to stress: keeping IDR 2bn on deposit does not create any work rights.
From the visa index and implementation guidance tied to IMI-0740.GR.01.01/2022:
- The Second Home visa/ITAS is a stay permit for long-term residence.
- It does not authorise employment, running a local business, or performing activities that require a work permit (IMTA) or a different visa class.
- You can:
- Manage your own offshore investments and assets.
- Hold Indonesian bank accounts, securities, or property (subject to separate land/ownership rules).
- You cannot:
- Take a local salary job in Indonesia under the Second Home permit.
- Run a local business that should be licensed under manpower law without the appropriate visa/permits.
Any suggestion that the deposit is an “investment ticket” into work is marketing overreach, not supported by PP 48/2021 or the DGI Circular.
How to Think About the Deposit Strategically
Combining all of the above, a practical strategy for many applicants is:
- Decide your base currency exposure: IDR vs foreign currency. IDR may pay more interest but carries FX risk; FX may feel safer but usually pays less.
- Separate “visa capital” from “living capital”:
- Treat IDR 2bn (or equivalent) as a relatively illiquid reserve.
- Keep other funds for daily living, emergencies, and opportunistic investing.
- Shop banks on three axes:
- Comfort with Second Home requirements (experience + paperwork).
- Interest rate and fee structure on large balances.
- Digital access and foreigner‑friendly service.
- Clarify blocking and documentation upfront:
- Ask: “Will this account be blocked?” “What if I need to move banks?” “How do you issue the certificate for immigration?”
- Loop in tax advice for:
- Withholding tax on interest in Indonesia.
- Home‑country reporting of foreign interest and assets.
None of that guarantees approval. It simply lines up the immigration requirement with sensible financial and tax structure.
Our Role and Independence
Second Home Visa Indonesia reads the immigration framework from the primary texts up (PP 48/2021, IMI-0740.GR.01.01/2022, and the visa index) and separates what the law says from what service providers wish it said. We are not a bank and we do not hold client funds.
For execution – opening the right type of account, preparing the correct certificate, and filing the application – we work with vetted legal, banking and relocation partners. Our editorial policy is simple: 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.
If you’d like a regulation‑first review of your situation and introductions to suitable practitioners, you can plan your trip with us via WhatsApp.
FAQs: Second Home Visa Deposit Interest
Do I have to put exactly IDR 2,000,000,000, or can it be in foreign currency?
IMI-0740.GR.01.01/2022 sets the requirement as IDR 2,000,000,000 or equivalent in foreign currency, evidenced by an Indonesian bank. You can usually hold the funds in IDR or a major foreign currency, as long as the bank certificate shows the qualifying equivalent amount. Always [VERIFY] the accepted currencies and conversion method with your chosen bank and local immigration office at the time you apply.
Can the bank guarantee that my Second Home deposit will not be touched?
The funds remain legally yours, but banks may flag or pledge the account as supporting your Second Home status. This can limit withdrawals below the required minimum. The specific mechanics (block, pledge, or simple balance check) are set by the bank’s internal policy, not by PP 48/2021; you should get written clarification from the bank before depositing.
Is the interest on my Second Home deposit tax‑free in Indonesia?
No. Second Home status does not in itself exempt you from Indonesian tax on Indonesian‑sourced bank interest. Banks normally apply withholding tax on interest according to general tax rules, and you may have additional obligations in your home country. For concrete planning, speak with a licensed tax adviser.
Can I use the interest from the deposit to fund my living expenses in Indonesia?
Yes, in principle you can spend the interest credited to your account; immigration focuses on the underlying capital amount, not on how you use the yield. However, if withdrawing interest ever causes the balance to drop below IDR 2,000,000,000 (or equivalent), that could jeopardise compliance. The safe approach is to ensure that, after any withdrawals, your balance still meets or exceeds the regulated minimum.
If the deposit requirement changes after I get my Second Home visa, will I have to top up?
PP 48/2021 and IMI-0740.GR.01.01/2022 do not spell out grandfathering rules for future changes in the deposit amount. If the Directorate General of Immigration later amends the requirement, they may issue transition guidance. Until or unless that happens, you should assume you must comply with the current rule throughout your stay and monitor official announcements or consult a qualified immigration practitioner.