The interest for this time deposit is for a 1 year / 12 month term with interest is paid maturity. The currency used is the Indonesian rupiah and the interest rate varies with deposit amounts:
less than 50 Mio - 3.25%greater then or equal to 50 Mio - 3.50%greater then or equal 100 Mio - 3.50%greater then or equal 200 Mio - 4.00%greater then or equal 500 Mio - 4.25%greater then or equal 1 Bio - 4.50%
R: Hi Stephen,
You will almost certainly need a KITAS (spouse or working visa) and you would probably be taxed by the ATO. In both cases, seek direct advise as circumstances change. Ask around the banks, and check with your accountant.
R: Yes you can. You must pay the tax 20% from the interest earnings will automatically deducted form your interest. Deposits with amount not more than 2.000.000.000 Rupiah (200.000 Australian Dollar) will be covered by government deposits and savings insurance
Hope it helps :)
R: For the amount that are greater than 2.000.000.000 Rupiahs ( 200.000 Australian Dollar ) is not covered by Indonesia Government on Savings / Deposits Insurance, which means, if the bank that you deposits on goes bankruptcy , you can't request for your money back.
Hope it's Help :)
Q: lets say i wish to deposit in Rm 100,000 which is equivalent to 318,767,657 to IDR will my interest rate be 6.50% or the bank could offer a more higher interest rate based on the amount that i wish to deposit in