OpenAI Chief Executive Officer Sam Altman has become the first person to get Indonesia’s Golden Visa. The ChatGPT creator would now enjoy priority security screening at Indonesian airports, longer stay periods in the country, and easier entry and exit processes, among other perks.
Indonesiahas launched the golden visa program to attract foreign investment. The 10-year visa has been issued to Altman as he has an international reputation and may bring benefits to the country, said the country’s immigration office.
Introduced on September 2 to boost economic development, the new visa allows foreigners who make substantial investments in the country to remain for between five and 10 years. As an individual investor looking to get an Indonesia Golden Visa, one has to start a business in Indonesia by investing US$ 2,500,000 (about Rp. 38 billion) in order to be permitted to stay for 5 years. Meanwhile, a 10-year stay permit requires an investment of US$ 5,000,000 (or roughly Rp 76 billion).
There is also the option of obtaining an Indonesia Golden Visa without starting a business. For foreign investors who do not intend to open a business in Indonesia, there are different requirements.