The Second Home Visa's IDR 2 Billion Proof of Funds, Explained

The Second Home Visa's proof of funds is IDR 2 billion, roughly USD 125,000, held in the applicant's own name at an Indonesian state-owned bank: Mandiri, BNI, BRI or BTN. It must be placed within 90 days of visa approval and maintained for the life of the visa. It is your money throughout, not a fee.

No part of the E33 Second Home Visa generates more confusion than the money. People variously believe the IDR 2 billion is a government fee, that it can sit in a Singapore account, that a villa purchase replaces it, or that each family member needs their own. All four are wrong. This page settles the mechanics; the full visa picture lives in our complete E33 guide.

What exactly is the IDR 2 billion proof of funds?

It is a qualifying deposit, not a payment. IDR 2 billion, roughly USD 125,000, must sit in an account in the applicant's own name at an Indonesian state-owned bank, demonstrating the financial substance the visa is designed around. The government never takes the money, and it remains yours for the entire term.

Think of it as collateral for credibility. Indonesia wants Second Home holders who are genuinely established, and rather than auditing global wealth it asks for one clean, verifiable signal inside its own banking system. That framing explains most of the rules that follow: why the account must be in your name alone, why only state-owned banks count, and why the balance has to persist rather than make a brief appearance for the application photo.

Which banks qualify for the deposit?

The state-owned banks: Bank Mandiri, BNI, BRI and BTN. Funds at private Indonesian banks or foreign banks, including foreign banks with Indonesian branches, do not satisfy the requirement.

This catches out applicants who already bank comfortably with international names and assume any Indonesian account will do. It will not. Opening the account is itself part of the journey, banks apply their own onboarding checks for foreigners, and document expectations differ between branches. Your visa agent will usually steer you to a branch that processes E33 deposits routinely, which is worth more than any rate difference between the four banks.

When does the money have to be in place?

Within 90 days of visa approval. Approval starts the clock, not your arrival date or your application date, and the deposit then has to be maintained for the life of the visa, whether you chose the 5 or the 10 year term.

Ninety days sounds generous until you sequence the real steps: open the account as a newly arrived foreigner, move USD 125,000 across borders with your home bank's compliance team asking questions, convert or place the funds, and obtain the evidence immigration expects. Start the banking workstream the day you get approval, not the month after. International transfers of this size routinely trigger source-of-funds checks on both ends, so have sale contracts, investment statements or payroll history ready to show.

Is the deposit locked, and can you spend it?

The balance must be maintained for as long as you hold the visa, so treat it as untouchable for the term. Whether the account technically permits withdrawals is beside the point: dip below the threshold and you undermine the basis of your own permit.

The right mental model is a ring-fenced allocation in your portfolio labelled residency. On account mechanics, interest treatment and how banks evidence the balance to immigration, practice varies between the four banks and it changes, so confirm current practice with the receiving bank and your agent rather than relying on forum posts. What the deposit is not is dead money in life terms: it is capital you were holding anyway, now doing double duty as your family's residency qualification.

Can property replace the deposit?

Yes, in one narrow case: property worth USD 1 million or more held under Hak Pakai title. A standard Bali leasehold, whatever its value, does not qualify, and nominee freehold arrangements are illegal and unenforceable, so they are never an option.

For context on how far most purchases sit from that bar, Sanur freehold villas near the beach list at roughly USD 300,000 to 800,000, with leasehold entries from about USD 175,000, per July 2026 listings. The realistic pattern for most families is therefore deposit for the visa, plus a separate home purchase sized to their actual needs. We examine the property route, and its traps, in can buying property qualify you for the Second Home Visa.

Does one deposit cover the whole family?

Yes. A spouse, children under 18, unmarried children up to 25 who are still students, and parents can all join on dependent E31 permits, and a single IDR 2 billion deposit covers everyone. No per-person multiplication applies.

Measured per residency, that makes the E33 remarkably efficient. A family of four qualifies on the same capital as a single applicant, roughly USD 31,000 of parked, still-owned funds per person. Compare that with residency-by-investment programmes elsewhere that price per applicant and consume the money outright, or see how it stacks against Indonesia's own investor route in golden visa vs Second Home Visa.

What happens to the money when the visa ends?

The maintenance obligation runs with the visa, so once the permit expires or you move to a different status, the basis for holding the balance falls away. The funds were always yours; what changes is only the requirement to keep them at that bank. Confirm the exit mechanics with your bank and agent before you need them, since documentation practice varies.

Plenty of holders never repatriate at all. After five or ten years in Bali, many have long since decided the money's next job is local: a leasehold home, a renovation, or simply staying put through a KITAP application, which becomes possible after 3 years on the E33. And Bali gives the capital context: BPS Bali counted 6.9 million foreign arrivals in 2025, up 9.7 per cent on 2024, while Sanur's KEK health zone carries around USD 620 million in projected investment under Government Regulation 41 of 2022. The island your deposit buys access to is not standing still.