Indonesia is likely to extend visa-free travel to 20 countries
11.12.2023 Indonesia   63
Indonesia is likely to extend visa-free travel to 20 countries

Indonesia is considering the possibility of providing visa-free entry to citizens of 20 countries, including India, the USA, China, Australia, South Korea, Germany, the UK and France. The initiative will be part of a plan to boost tourism and boost the economy. The country's tourism minister, Sandiago Uno, recently announced the project.

The list of countries is likely to be finalized within the next month. The Indonesian Tourism Minister further added that the government has given instructions to explore the possibility of a visa-free regime with the main goal of increasing economic growth, attracting more tourists and encouraging more foreign investment.

If we look at the 2019 statistics before the pandemic , we will see that more than 16 million foreign visitors visited Indonesia. This year, from January to October, the country has seen a notable surge in foreign arrivals, with 9.49 million visitors, up 124.3% from the same period in 2022.

Following the global trend, Thailand and, more recently, Malaysia have also introduced visa-free travel for visitors from China and India. Moreover, in September, Indonesia introduced a “golden visa” program designed to attract foreign individuals and corporate investors.

According to Silmi Karim, director general of immigration, the golden visa involves the issuance of a residence permit for a period of five to ten years.

To qualify for a five-year visa, an individual must set up a company worth $2.5 million, and for those seeking a ten-year visa, an investment of $5 million is required dollars. Corporate investors seeking five-year director and commissioner visas are required to invest $25 million, with the investment doubling to $50 million for a 10-year visa.

How previously reported, Vietnam also intends to consider introducing visa-free entry for tourists as part of its efforts to develop the tourism sector. Nguyin Van Yung, Vietnam's minister of culture, sports and tourism, is advocating short-term visa waivers for key markets including China and India. This initiative will provide the necessary impetus to restore the country's tourism industry.

Source: timesofindia

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