The 10 Best Places To Live Overseas In 2020
The best places to live are different for everyone. If you could live anywhere, where would you go? Here are...
Read more| 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 |
