Thursday, 10 August 2023 07:50

Golden Visa for Foreigners Expected to Boost Investment and Tourism in Batam

The government has issued a new policy regarding the issuance of golden visas for foreign investors. This golden visa provides a streamlined process for a period of 5-10 years. The Head of the Cultural and Tourism Office (Disbudpar), Ardiwinata, explained that the golden visa is introduced to encourage both investment and tourism. He emphasized that Batam is being prepared for investment and tourism, and the implementation of the golden visa for foreigners is expected to have an impact on Batam's investment and tourism sectors. The 5 to 10-year validity of Indonesia's golden visa is expected to attract high-quality tourists. The Minister of Tourism highlighted that there will be investment-related criteria such as ability, achievements in research, technology, and business that will start in Indonesia.

Ardi expressed his support for this central policy, stating that any central policy would naturally impact the regions. He mentioned that with Batam receiving around 2 million visitors, there's bound to be investor interest. Investment is seen as a crucial component for Batam's development, and the city has been working towards facilitating investment. Additionally, for tourism, there is hope that investments will lead to the creation of new tourist destinations in Batam.

The Public Relations Officer of the Class I Immigration Office in Batam, Ritus, confirmed that the golden visa has been signed by President Joko Widodo. However, they are awaiting further technical details from the central government for its implementation in the region. He explained that the regulations regarding the golden visa fall under the central government's authority, including the formulation of requirements and other conditions. Since this is a new policy, they are still awaiting clarity on its specifics.

Source:
https://metro.batampos.co.id/golden-visa-untuk-wna-diharapkan-bisa-dorong-investasi-dan-pariwisata-di-batam/

 

 

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