The Potential Problems of The Golden Visa Policy in The Context of Globalisation and Social Networks

Abstract

The Directorate General of Immigration has set specific criteria for obtaining a Golden Visa to increase the contribution of foreign nationals to the national economy. This visa is the basis for granting a residence permit that is valid for 5-10 years. This research aims to examine the implications of the Golden Visa policy and identify potential problems that may arise from this policy in Indonesia, with a particular focus on the impact of globalization and social networks. The research method used is qualitative, with a case study approach and document analysis. The results show that granting the first Golden Visa in Indonesia to Samuel Altman can be used as a case study to understand the impact of this policy in the context of institutional theory. In addition, this research identifies several potential problems, including the risk of visa abuse and social injustice, which need to be anticipated in the context of globalization and social networks.