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Indonesia eyes $25 billion additional revenues with expanded visa-free entry policy

Enhancing tourist arrivals and driving economic growth
Indonesia eyes $25 billion additional revenues with expanded visa-free entry policy
Indonesia targets revenues of IDR200 trillion ($12.9 billion)

Indonesia’s tourism sector could generate additional revenues of up to $25 billion by implementing the visa-free entry policy for foreigners, said Indonesia’s Minister of Tourism and Creative Economy Sandiaga Uno.

Expanding visa-free entry policies

Sandiaga stressed that Indonesia’s government intends to expand the visa-free entry policy to include visitors from 20 countries. This expansion aims to enhance tourist arrivals and drive economic growth through the tourism sector.

In 2024, Indonesia is targeting revenues of IDR200 trillion ($12.9 billion), but the amount could significantly increase once the visa-free entry policy takes effect. Sandiaga also said that Indonesia expects every tourist from eligible countries to spend at least $5,000 during their stay in the country.

Golden visa

In September, Indonesia’s Ministry of Justice began implementing a golden visa for international visitors. The visa offers individuals stay permits for up to 10 years based on the amount they invest in the country. The golden visa, in addition to the visa-free entry policy will certainly boost Indonesia’s economy and support its tourism sector.

Moreover, Indonesia’s Ministry of Tourism and Creative Economy proposed issuing free visas to travelers from 20 countries in a bid to increase tourist visits. Thus, the country aims to boost its economy through tourism.

The ministry proposed 20 countries with the largest number of foreign tourists, excluding countries with existing visa exemptions.

Read: Visa-free travel for six countries in Türkiye’s big tourism push

Countries involved

The 20 countries included in Indonesia’s visa-free entry policy are Australia, China, India, South Korea, the United States, the United Kingdom, France, Germany, and others.

Sandiaga explained that Indonesia expects an increase in foreign tourist visits following the visa-free entry policy. This will generate a multiplier effect, boost domestic consumption, attract investment, and support the development of the digital economy.

The decision’s target is high-quality tourists who enjoy longer stays and spend more, supporting the local economy.

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