I'm not suggesting anyone go, just for general information.

New visa scheme allows foreign tourists to live in Bali for 10 years
Foreigners who have at least US$128,400 in their bank accounts may apply for a new Indonesian “second home visa”.

JAKARTA: Foreigners who want to make Bali their second home can now do so under a new Indonesian visa policy that would allow them to stay on the island for up to 10 years.

Under a new “second home” visa scheme, foreigners can stay for five years or 10 years and carry out various activities provided they meet the requirements.

Those who are interested must have at least 2 billion rupiah (US$128,400) in their bank accounts and a passport that is valid for at least 36 months.

“The aim is to attract foreign tourists to come to Bali and other destinations,” said acting director general for immigration Widodo Ekatjahjana during the launch of the scheme on Tuesday (Oct 25).

The launch takes place just a few weeks before Indonesia is set to host the Group of 20 (G20) Leaders’ Summit in mid-November which will see thousands of delegates arrive in Bali.

The new regulation will take effect on Dec 25 this year.

The new visa scheme is, however, received with reservations by the Balinese travel sector.

Putu Winastra, head of Bali’s chapter of the Indonesian Tours and Travel Agencies expressed uncertainty as to how the new policy will help to boost tourism on the island.

“The second home visa will be given to people who stay in Bali in the long term,” Mr Winastra told CNA.

Channelnewsasia.com

Smart move, lock those remote workers in.

“The aim is to attract foreign tourists to come to Bali and other destinations,” said acting director general for immigration Widodo Ekatjahjana during the launch of the scheme on Tuesday (Oct 25).

Putu Winastra, head of Bali’s chapter of the Indonesian Tours and Travel Agencies expressed uncertainty as to how the new policy will help to boost tourism on the island.

“The second home visa will be given to people who stay in Bali in the long term,” Mr Winastra told CNA.

Stating the obvious I would have thought..

Who would drop $US128,400 into a bank account there and remain a 'tourist'? You'd have to come and go and awful lot I would have thought or else become an expat. Sounds like the Indonesians have thought this through well...not. Or they don't want to say 'expat' instead of 'tourist'

Is this visa absolutely restricted to residency on Bali? I know some nice spots across from Lombok in Sumbawa and further, on Flores island, all without the terrible Bali traffic, pollution and without the hoards of "upper class twit of the year" idiots...

I would think about going back to work for a year or two to save enough extra to qualify, lol...if not only for Bali, how weird.

As for the money's... I am sure you could place the funds in a U.S. dollars account pretty easy...

Some nice people in Indonesia...