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Blog · For Investors

D12: 180 Days per Visit to Scout the Market

The D12 Pre-Investment is the longest “entrepreneur” visa without opening a company: multiple-entry, 1–2 years, each entry granting up to 180 days (up to 360 with extension). Built for those eyeing an investment in Indonesia: study the market, find partners, prepare the deal.

Updated: 22 August 2026 · Verified by the Malina Visa team

Terms and pricing

One year: IDR 7,500,000 (Minimal, 10 working days) or IDR 9,500,000 (Regular, 5–6 days). Two years: IDR 10,500,000 / 13,000,000. In-country extension of +180 days — IDR 7,000,000; alternatively, exit and re-enter for a fresh 180 days on the same visa. Details on the D12 page.

Documents

  • Passport: 18+ months validity, at least 4 blank pages
  • A personal photo
  • A bank statement in English for 3 months with a USD 5,000+ balance
  • A company invitation — we provide it on our side

D12 compared

  • Versus the D1/D2: visits three times longer (180 vs 60 days)
  • Versus the Investor KITAS: no PT PMA needed yet — it is the visa for the “before” stage
  • The natural sequence: market studied → open a PT PMA → Investor KITAS

FAQ

Can I run a business on a D12?

No, the D12 is for preparing an investment: research, negotiations, partner search. Operations require a company and the matching status.

Am I obliged to invest afterwards?

There is no formal obligation — the visa buys time for a considered decision.

Why exactly a USD 5,000 statement?

It is the solvency-proof requirement for this visa category.

We’ll issue your D12 with our invitation — start scouting

D12 page