OpenAI co-founder and CEO Sam Altman can live in Indonesia for up to ten years and skip lines at the airport after receiving the country's first Golden Visa.
Altman was granted a 10-year stay in the country and will receive other benefits including priority screening at Indonesian airports and easier entry and exit without the need to apply for an ITAS – temporary stay permit – at the immigration office.
The Golden Visa is designated for wealthy investors who invest in the country. Those who make a $25 million investment are eligible for a five-year stay golden visa, while those who invest $50 million will be entitled to a 10-year stay visa.“Because we are targeting quality investors, the requirements are more thorough,” Silmy Karim, director general of immigration said in aon Saturday. “The longer you stay in Indonesia, the higher the deposit amount required, especially for foreign investment, which can reach around Rp. 760 billion.” It remains unclear whether Altman applied for the visa or if he simply qualified based on the criteria, as Karim said in a
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