According to reporting from Antara News, Indonesia’s Tourism and Creative Economy Minister, Sandiaga Uno expressed hope that the Golden Visa facility launched by President Jokowi on Thursday (25/7/24) would boost investment in Indonesia’s tourism and creative economy sectors.
“The policy, which has been designed since 2022 and finalized throughout 2023, is finally launched today,” Sandiaga said.
Golden Visa is a new form of Second Home Visa that targets investors, global business players, global talents, and foreign tourists who meet the criteria, reports Antara News, adding that foreign investors who are Golden Visa holders can have a residence permit in Indonesia for five to ten years, with certain investment amounts required.
The minister expressed optimism that the Golden Visa facility would boost the number of quality tourists, which would bolster the country’s tourism sector ecosystem.
”If investors use Golden Visa, it will be good for increasing the number of tourist trips, and later, they will also invite other investors and colleagues to go to Indonesia as an investment destination,” the minister said.
He revealed that several investors from the United States, Europe, and the Middle East had already inquired about the Golden Visa policy to invest in the tourism and creative economy sectors.
President Jokowi, at the launch of the Golden Visa facility in Jakarta, said that the government launched the Golden Visa to facilitate foreign nationals’ investment in Indonesia, says Antara News.
He also said that the Golden Visa is only provided to good-quality travelers. Hence, the government will closely monitor, select, and consider their contribution.
The president stressed that the facility must not be used to allow people who will threaten the country’s security or those who do not provide benefits to enter.
Source: Antara News
