Politics

Cabinet Secretariat of the Republic of Indonesia | Launch of the Indonesian Golden Visa, at the Grand Ballroom, The Ritz Carlton Hotel, DKI Jakarta Province, July 25, 2024

Press release from President Joko Widodoafter the launch of the Indonesian Golden Visa on July 25, 2024

Journalist
Pak Jokowi is linked to this Golden Visa, sir. What kind of benefits can the state get from it, sir, and how can the government ensure that this policy does not pose risks in the future, such as security and money laundering?

President of the Republic of Indonesia (Joko Widodo)
Yes, it is to simplify our service to investors and also to investorsglobal talentswho were given the opportunity to come to Indonesia thanks to the Golden Visa. Individuals receive USD 350,000 and companies receive USD 25 million.

I think so, we want more and more money to flow into our country. The second thing is that we also want itglobal talentsMany people come to Indonesia, work and bring social benefits to our country,aimit is there. But with the remark that I said earlier, everything must be selected as strictly as possible, which, once again, we hope, will bring as much national advantages as possible in the selection. And until today, I asked the Director General of Immigration, who had already registered 300 [pendaftar]I was surprised too, there were so many.

Journalist
The President himself has a possible target, sir, on immigration. How many people register like that?

President of the Republic of Indonesia (Joko Widodo)
As much as possible, but selected. As much as possible, but selected. I stressed this earlier, do not let in people who are not useful to our country. No, they must be selected as strictly as possible.

Journalist
Is there an evaluation, sir, for this program?

President of the Republic of Indonesia (Joko Widodo)
Yes, seen. We generally evaluate every three months.

Journalist
What kind of preventive measures will be taken so that it is not misused in the future, sir?

President of the Republic of Indonesia (Joko Widodo)
Yes, the Director General of Immigration will forward it later.

Journalist
Among these 300, sir, is there a leading investor, perhaps Elon Musk?

President of the Republic of Indonesia (Joko Widodo)
Later, later, later, this will be transmitted by the Director General of Immigration.

Journalist
According to Mr. Heru's information, on July 28, he said he wanted to go to IKN, sir?

President of the Republic of Indonesia (Joko Widodo)
TanyaPakHeru.

Journalist
Today, a meeting is scheduled with the Minister of Transport, Sir, regarding the preparations for your departure to IKN?

President of the Republic of Indonesia (Joko Widodo)
I will still see if the installations are complete or not, ready or not. What was transmitted to me is that the water had arrived.

Journalist
Will there be a cabinet meeting there, sir? Is that possible, sir?

President of the Republic of Indonesia (Joko Widodo)
If everything is ready, if there is no chair yet, how will I sit? Free time? Lesehan cabinet meeting? Everything is ready, again, ready at IKN and we do not want to force what would reduce the quality of the interior, the quality of the building, no. As long as it is completely ready, yes, I will go.

Journalist
If you are holding a cabinet meeting, what are your plans, sir? And is it true that the furniture will be brought from Jakarta?

President of the Republic of Indonesia (Joko Widodo)
Later, the Minister of State will ask questions on issues related to the cabinet meeting.

Journalist
Sir, regarding car insurance next year, how much thought have you given to it?

President of the Republic of Indonesia (Joko Widodo)
There was no meeting on this subject.