KITAS EFF Retirement Visa

[prtytler]

Hi. Does anyone know whether Immigration requires the US$3,000/month payments to originate directly from a pension provider, or whether three monthly US$3,000 transfers from the applicant's own UK savings account to their own UK current account would satisfy the requirement. I have a private pension - but I cannot draw from it until November - I have savings - and I can set up a regular monthly transfer of 3,000$ from my savings account until my pension becomes available but will this suffice? And if that is the case what proof of documentation will be required by your immigration agent? Thx.

 

[snpark]

Send from your own account overseas and for reason just put pension or allowance or something. Honestly they don't care or check and sometimes it doesn't even show the reason even if you put it. Sometimes not even the remitter name. Depends. But they don't care. As long as you could show you have money they not bothered. Just don't put income. Put something neutral like rent or allowance or pension but nothing like income. Even loan repayment is ok

 

[marcus]

Hi. Does anyone know whether Immigration requires the US$3,000/month payments to originate directly from a pension provider,

It can be from the pension provider .

or whether three monthly US$3,000 transfers from the applicant's own UK savings account to their own UK current account would satisfy the requirement.

You probably can also show the balance (minimum 12 x US$3'000) of your savings account .

... what proof of documentation will be required by your immigration agent?

I think that just a photo or PDF file of the : savings account balance (with US$36k minimum) or statement of the pension provider .

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The Retirement Visa & KITAS requires a visa agent/sponsor , so you can also ask him/her .

You can be free of sponsor (so you can request yourself) if you choose the "Siver Hair E33E" type (but you will need to invest US$50k in one of the 4 Indonesian Government banks) .

 

[pantaiema]

Hi. Does anyone know whether Immigration requires the US$3,000/month payments to originate directly from a pension provider, or whether three monthly US$3,000 transfers from the applicant's own UK savings account to their own UK current account would satisfy the requirement. I have a private pension - but I cannot draw from it until November - I have savings - and I can set up a regular monthly transfer of 3,000$ from my savings account until my pension becomes available but will this suffice? And if that is the case what proof of documentation will be required by your immigration agent? Thx.

This is what is required for E31F Retirement VITAS
'Bank account proving income or allowance with a value of US$3,000 per month'. If it is from pension fund it will be better, but the official rules don't strictly require this money to come from an official pension fund. Historically, some applicants have satisfied this requirement simply by transferring $3,000 monthly from a personal savings account into their current account. Please do it with your own risk.

Additionally, this visa requires a local guarantor. Most applicants hire an immigration agent to serve as their guarantors and manage the application. If you work with an agent, they can advise you on the trick to meet this US$3,000 threshold even if you lack a formal pension income.

 

[Balifrog]

I just went through the illimited retirement visa process.
An agent is mandatory.
Requirements :
Photocopy of passport and KTP
Photopy of SKTT
Lodging rental contract
Photocopy of KTP owner / llandlord
Photocopy of KTP of one local employee
Latest 3 month bank statement showing monthly income of 3000 USD
Health insurance

Application launched on Aug 11th
Yesterday visit to immigration for picture and application review.
The latter a bit stressfull as the guy went through all the document, checked, doublechecked...
After 15 min I was delighted to hear "Ok Sir, your Illimited KITAP should be ready in 10 working days, please during that time don't leave the country"
Happy frog !

Cost : 90 million.
Ough....
Now I just have to live long enough to make it worth the investment....