Wealth management in Indonesia

“Alexis, I'm moving to Bali and keeping our house in Brittany for the summer. Does that create a problem for my tax residence?”

It can create a serious one. With a home in each country, the treaty decides first by permanent home, then by centre of interests, then by habitual abode. And if nothing settles it, it does not use nationality: it refers directly to an agreement between the two tax authorities, with no guaranteed timeframe or outcome.

Indonesia has 3,135 French nationals on the consular register as of 31 December 2025 (−2.6% over one year).

The treaty of 14 September 1979 covers income and wealth, not estates. Recent good news: for departures since 2025, the exit tax to Indonesia qualifies for automatic deferral. At Balmont Conseil, we start from this text, read article by article.

1. Why seek expert wealth management in Indonesia?

Four points determine your situation.

• No nationality requirement. Article 4(2) of the treaty goes straight from habitual abode to agreement between the tax authorities. Keeping a home in France means building your residence file from the first year.
• An exclusion clause. Article 4, paragraph 1, excludes from residency those individuals taxed in Indonesia solely on their Indonesian-source income or assets located there. The local tax regime applicable to your situation should be verified.
• The exit tax has been automatically suspended since 2025. Indonesia is now included in the exit tax declaration instructions: the deferral is automatic for departures from 2025 onwards.
• Your estate. No convention governs it: France applies article 750 ter of the general tax code, without conventional correction.

2. The France ↔ Indonesia framework in five verified points

Here is the applicable framework, checked against official sources as at 1st October 2026.

On residence. Indonesian tax residence certificate, tax number, residence permit, proof of address and annual return are gathered from arrival. With a house kept in France, the count of days spent in each country becomes a central document.

On the IFI. The treaty covers wealth tax: it frames the IFI due on your real estate located in France above €1.3 million.

On your French income. They remain taxed in France, at the minimum rate of 20%, then 30% above €29,579 of net taxable income, or at the average rate if that is more favourable.

What we do not show. The detail of Indonesian tax is handled with a licensed adviser in Indonesia, whom we coordinate.

3. Our services: 360° support for expatriates and investors

Three workstreams, in the order in which they are decided.

Departure: residence and exit tax

We are reviewing your situation with regard to Article 4 of the convention, taking into account the property you retain in France, and we are listing the required supporting documents. If your securities exceed €800,000 or if you hold at least 50% of the profits of a company, we will file the exit tax return (Article 167 bis of the French General Tax Code).

• Home, centre of interests, habitual abode: the evidence.
• Counting the days in each country.
• Exit tax return and monitoring of the deferral.

Your French income and contracts as seen from Indonesia

Rents, dividends, assurance-vie: we establish what France continues to tax and what the treaty reduces. A French assurance-vie held by a non-resident no longer bears social charges; its withdrawals are subject to a 12.8% levy, or 7.5% after eight years.

A Luxembourg assurance-vie contract may be considered for a long-term expatriation, on a case-by-case basis.

Estate transfer without a treaty

We establish what each heir would pay in France, according to their residence and the situation of the assets, and we prepare the gifts before departure.

4. Methodology: our way of working

We work in four stages, and at each stage you know where you stand.

1. The initial review. We establish your actual situation: the make-up of your wealth, the project timeline, the situation of each member of the household, and the tax domicile of your heirs — because it is theirs that counts, not yours.
2. The applicable framework. We set out, source by source and with its date, the framework that applies to you. What we do not know, we mark “to be confirmed” — never anything else.
3. The choices. We present the options with figures and their respective consequences, and you decide. Wealth structuring comes after the decision, not before.
4. Ongoing monitoring. An annual review, free of charge, to check that the framework has not moved — treaties are amended, incentive regimes are abolished, thresholds change.

5. What the firm offers you

What concretely sets our work apart.

• Sources, not claims. Every item in your file carries its reference and its date. You can check. It is the only way to work on a subject where most of the information available online is out of date.
• A single point of contact in France. We coordinate your local advisers; we do not replace them: the host country's domestic tax rules are handled with a qualified professional on the ground. Our role is to keep the whole picture consistent and to defend the French side of the file.
• Fees that are easy to understand. Fees disclosed before any commitment: fixed-price reviews, tailor-made engagements at €500 incl. VAT per hour, insurers' commissions on contracts taken out. The annual review is free of charge.

Frequently asked questions — Indonesia

What happens if I am considered a resident of both countries?

Article 4(2) of the treaty of 14 September 1979 decides by permanent home, then centre of vital interests, then habitual abode. It does not use nationality: if nothing settles it, the two tax authorities decide by mutual agreement, with no guaranteed timeframe.

Is the exit tax deferral automatic for Indonesia?

Yes, for departures since 2025: Indonesia appears in the notes to return 2074-ETD 2026, not in those for 2025. The return remains mandatory in the year of departure, then every year (Article 167 bis of the French Tax Code).

Is there an estate tax treaty between France and Indonesia?

No. The 1979 convention covers income and wealth, not inheritances or gifts. France therefore applies Article 750 ter of the General Tax Code, without any treaty amendment.

Is my French rental income still taxed in France?

Yes: at a minimum rate of 20% up to €29,579 of net taxable income and 30% above that, unless you opt for the average rate, plus social charges of 17.2% on unfurnished lettings and 18.6% on furnished lettings from 2025 income.

Does the IFI (real estate wealth tax) apply if I live in Indonesia?

On your property located in France, above €1.3m of net assets, yes. The treaty covers wealth tax and should be read to see how it frames it.

In summary

Indonesia now offers an automatic exit tax deferral, but a treaty that does not break ties by nationality and no protection for your estate.

Your residence file, the exit tax and the estate transfer are prepared before departure.

Firm's fees: €500 incl. VAT per hour. Annual follow-up is free of charge.

Let's review your situation

A thirty-minute conversation is enough to prepare your residence file. You can also start with a free contract X-ray.

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