Indonesia has granted OpenAI chief executive Sam Altman its first “Golden Visa” in a bid to attract foreign investment to Southeast Asia’s largest economy.
The Golden Visa is a 10-year residency permit that is given to foreigners who have made significant contributions to Indonesia’s economy or who have the potential to do so. Altman is the first recipient of the visa under a new scheme that was launched last week.
Altman is a well-known figure in the tech industry. He is the former president of Y Combinator, a startup accelerator, and he is currently the CEO of OpenAI, a non-profit research company that is developing artificial intelligence.
Altman has expressed his interest in working with Indonesia to develop AI technology. He said in a statement that he is “excited to explore the opportunities to collaborate with Indonesian researchers and entrepreneurs to advance the field of AI.”
The Golden Visa is part of Indonesia’s efforts to attract foreign investment and technology talent. The country is home to a large and growing population of young people, and it is seen as a potential hub for innovation in Southeast Asia.
The Golden Visa is one of several measures that Indonesia has taken to attract foreign investment. The government has also simplified the investment process and offered tax breaks to foreign investors.
It remains to be seen how successful the Golden Visa will be in attracting foreign investment. However, the award of the visa to Altman is a positive sign for Indonesia’s efforts to become a more attractive destination for tech talent and investment.
Here are some of the benefits of the Golden Visa:
- Long-term residency permit (10 years)
- Priority screening at airports
- Longer periods of stay
- Ease of entry and exit
- The right to work and study in Indonesia
The Golden Visa is a valuable tool for attracting foreign investment and talent to Indonesia. It is a sign of the country’s commitment to becoming a more attractive destination for the global tech community.
