You need to invest in a company - but IIUC you could just buy ~$70k shares of Indonesia Telecom (i.e.), live there for 3 years, collect dividends, and then cash out when you're done.
Under normal conditions, I wouldn't want to invest ~$70k in some Indonesian large cap I know nothing about.
But if I wanted to live in Bali for a year, this is a pretty easy way to do it...
This is not accurate anylonger - the new way is to form a PMA with two people. Then you can sponsor your own kitas.
While you don't have any equity in stocks, you are also immune from loss there. It becomes a cost - you can form a PMA from 25-60 juta and do an investor kitas fro 18 juta (million.)
You also don't need to give up 70k liquidity, on the risk that it may not come back and for dividends which are 100% taxable in the country (about 23% AFAIK.) because you must report revenue annually.
70K in stocks w/ dividends OR form a corporate structure for about $3000.
The other alternative is b211a/social visa, which is 60 days and about 1 million a month after per renewal up to 6 months, meaning, 4 renewals at 4 juta/million IDR and then 3 million to apply - so 7 juta total every 6 months MAX. 14 annually.
If you need more info, feel free to reach out - surprised this topic was on HN .
I would hope if you're planning to take an entire year off - you have AT LEAST $70k net wealth...