Another country in Southeast Asia has announced a visa program for investors and talents. According to local media reports, the Indonesia’s Golden Visa program will be launched as early as September 2023. Minister for Tourism and Creative Economy, Sandiaga Uno, expressed his hopes that the new program will make a significant contribution to the country’s economic sector.
According to preliminary information, the Indonesia’s Golden Visa will be available for both companies and individuals. At the same time, companies will have to invest at least $50 million in Indonesia, and individuals will have to invest at least $350,000 in government bonds. A type of investment such as bonds, which suggests that this is a returnable investment.
Mentioning the details of Indonesia’s Golden Visa program, Minister Uno said the new Indonesia’s Golden Visa would be 5-year and 10-year validity. And also, this program offers a simplified route to citizenship and granting its holders the right to live, work and purchase property in the country. Even including popular destinations such as the island of Bali.
Special offer for special entrepreneurs
And it was also stated that the golden visa policy would later target talented foreigners, including researchers from some of the world’s leading universities. In other words, a visa can also be issued to developers of artificial intelligence (AI). Luhut Binsar Pandjaitan, Coordinating Minister for Maritime and Investment Affairs, has announced that a Indonesia’s Golden Visa will be issued for OpenAI chief executive officer Sam Altman, according to CNN Indonesia. The most famous product of OpenAI company is ChatGPT, AI-powered chatbot.
