The 10 Best Places To Live Overseas In 2021
The best place to live in the world is very subjective, the answer is different for everyone. If you could...
Read more
Indonesia Facts And Figures
Facts About Indonesia
| Information Type | Indonesia Data |
|---|---|
| Population | 273,523,615 (June 2020 est.) |
| Gross Domestic Product (GDP) | US$1.55 trillion (2020 est.) |
| GDP Per Capita | US$4,600 (2020 est.) |
| Inflation Rate | 2.87% (2020est.) |
| Currency | Rupiah (IDR) |
| Exchange Rate Versus U.S. Dollar | 14,060 Indonesian rupiah (IDR) per 1 US dollar (June 2020) |
| Language | Bahasa Indonesia (official, modified form of Malay), English, Dutch, local dialects (of which the most widely spoken is Javanese) |
| Capital | Jakarta |
| Population of Capital City | 10,770,487 (2020) |
| Time Zone | UTC+7 (12 hours ahead of Washington, DC during Standard Time)note: Indonesia is divided into three time zones |
| Seasons | tropical; hot, humid; more moderate in highlands |
| International Dialing Code | 62 |
| Electricity | 127/230 V*, 50 Hz |
| System of Government | Presidential Republic |
| Name and Party Affiliation of Current Leader | President Joko Widodo (Since October 2014) |
| Income Tax Rate for Residents | 5%-30% |
| Property Tax | 0.5% of the value of the property, higher rates apply to certain high value housing and large estates. |
| Capital Gains Tax | 5% |
| Inheritance Tax | No |
| Rental Income Tax | No |
| Transfer Tax | Applies to financial transaction depending on the amount of the transaction |
| Sales Tax | 10% |
| Restrictions on Foreign Ownership of Property | It is against the law for foreigners to own freehold land. Foreigners can also purchase condominiums, as long as they don’t own the land on which the condo stands. |
| Local Chamber of Commerce | http://www.bsd-kadin.org/ |
| American Chamber of Commerce | http://www.amcham.or.id/ |
| Primary Exports | Oil and gas, electrical appliances, plywood, textiles, rubber |
| Residency and Visa Requirements | An Indonesia visa is necessary for all U.S. citizens who plan to visit the country. Indonesia has several different visas categorized as Visit Visas. You can either apply for a visa to Indonesia yourself or you can contract a private travel document expediter. |
| Special Benefits for Foreign Residents or Retirees | No |
| National Airline | www.garuda-indonesia.com |
More Resources From Indonesia
PLACES
OTHER RESOURCES
Popular Articles
The Top 20 Countries For Investing In Real Estate Today
Our New Survey Names World’s Best-Value Property Markets Spain’s housing bubble, Greece’s debt crisis, and recession in Portugal resulted in drops...
Read more
The Global Nomad Lifestyle: A Journey To Personal Freedom
We’ve all read axioms about travel... "It’s not the destination, it’s the journey... " Or this...
Read moreIndonesia Articles
Is Indonesia Safe?
Many people dream of Indonesia, the largest archipelago in the world made up of more than 17,500 islands located between the Indian and Pacific oceans. Although only 6,000 of the islands are occupied, more than 270 million people call the Republic of Indonesia home. The beaches are stunning, the tropical forests are breathtaking, and you’ll find some of the world’s best snorkeling and scuba spots just offshore. Places like Jakarta and Bali are famous tourist destinations, and overall tourism is...
Read more
