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Foreigners allowed to live in Bali if they have $130K in the bank

Related Topics: Bali, Indonesia, Southeast Asia

Indonesia is inviting foreigners to come and stay on the island of Bali for an extended period — as long as they make enough money, that is.

The Southeast Asian country is letting foreigners and former citizens apply for visas that let them live in Bali for either five or 10 years, the nation’s immigration office said in a press release earlier this week.

To make sure applicants can “contribute positively to the Indonesian economy,” they need to prove that they have 2 million Indonesian rupiahs in the bank, roughly equal to $130,000.

That money then needs to be placed into Indonesia’s state-owned banks.