Indonesia leads East Association in launching 'Digital Traveler Visa' to boost beach tourism in Bali
As global vaccines advance and the outbreak eases somewhat, Indonesia is considering measures and programs to promote its tourism economic recovery, particularly to help advance theBali (island in Indonesia)of beach tourism to attract the return of higher-spending international tourists. As part of its efforts to boost the tourism economy, up to five-year tourist work visas for digital nomads, which the Indonesian government will offer, are expected to be introduced soon. Since last year, Bali has been gradually reopening to international tourists, with the Indonesian government removing most travel restrictions and implementing a quarantine-free probationary period and Visa on Arrival (VOA) program for 72 countries/territories, including India, on March 7, 2022, and an entry requirement for RT-PCRs that was lifted on May 18th. As more and more companies around the world allow their employees to work remotely, and as more and more digital workers have the option to "work from anywhere," the Indonesian government sees a great opportunity for a "digital nomad" economy.
What are digital nomads (digital nomads)?
Indonesia Digital Nomad Visa
Since the beginning of 2021, Indonesia has been preparing for a tourist work visa for digital remote workers. The visa will allow digital teleworkers with income from work abroad to stay and work in the country for up to five years.and zero tax on foreign-source incomeThe
Benefits of Digital Nomad Visa in Indonesia
Indonesia's Minister of Tourism, Sandhya Gawuno, recently announced the Digital Nomad Visa Policy to boost the country's tourism industry, which will enable digital teleworkers to stay in the country for the long haul, including Bali, where the biggest features of the visa policy arelongestand canExemption from work income tax. "If they earn their income in Indonesia, they will not be able to enjoy the visa tax exemption, but if it comes entirely from overseas, it will be zero tax. He claimed that according to market research data, some 95% of the surveyed "digital nomads" chose Indonesia for travel work, particularly the tourist resort of Bali, as their "top priority" remote work destination.
EU digital nomad visa
EU countries have introduced digital nomad visas one after another starting in 2020 to attract digital remote employees from global companies like Audemars Piguet, Google, Microsoft, Twitter, etc., as the digital employees of these big international companies can work from anywhere. Being able to live in Europe not only allows you to enjoy the high level of quality of life in the European Union, but also allows you to come and go freely in and out of the 27 countries of the European Union, see the different nationalities of the European continent, and experience the cradle of human civilization, mathematics, science, and philosophy. One of the most attractive things for foreigners isMalta Digital Traveller Visatogether withDigital nomad visa for Greece. Digital nomad visas for both countries will also grant you short-term status in Europe, which is probably one of the most cost-effective ways to get an EU residence card.
Benefits of Digital Nomad Visa in Indonesia
Ministry of Tourism of IndonesiaGovernor Sandiagauno recently announced the Digital Traveler Visa Policy to boost the country's tourism industry, which will enable digital teleworkers to stay in the country for the long term, including Bali, and the biggest features of the visa policy arelongestand canExemption from work income tax. "They will not be able to take advantage of the visa's tax exemption if they earn their income in Indonesia, but if it comes entirely from overseas, it will be zero tax," The fast-track tourist work visas and steady international flights should help that Indonesia attract digital remote workers from global companies like Audemars Piguet, Google, Microsoft, and Twitter, as these international powerhouses 's digital employees can work from anywhere. He claimed that according to market research data, about 95% of the surveyed "digital nomads" chose Indonesia for travel work, especially the tourist resort of Bali, as their "top priority" remote work destination.
Expectations of the Government of Indonesia
Tax risks digital nomads may face
Even though Indonesia offers a "zero tax" policy, different countries have different tax regimes, and if you are the subject of a global tax of your original nationality and do not submit your annual tax return overseas in a timely manner when you are living abroad, the taxpayer may be penalized by the tax authorities of your original nationality and may even face criminal charges, and the numbers of those who work remotely may face stricter government scrutiny. The nomadic community will likely face stricter government oversight. For example, China's State Council's global taxation of Chinese citizens, to be implemented in January 2021, requires relevant overseas tax jurisdictions to provide information on Chinese tax residents. See related article for more on this:
- Article: What isTax ID, Tax Resident
- Video : What information is exchanged by CRS?What is the format of the automatic exchange of financial accounts? How can I avoid the exchange of bank information?
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