(Bloomberg) — OpenAI CEO Sam Altman is the first person to receive a golden visa for Indonesia as Southeast Asia’s largest economy scrambles to attract foreign investors.
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Altman, the country’s immigration authority, “is granted a 10-year visa because he has an international reputation and can bring benefits to Indonesia,” Immigration Director General Silmi Karim said in a statement. The co-founder of ChatGPT enjoys priority security screening at airports, longer wait times and easier check-in and check-out procedures, among other benefits.
The new visa, introduced last week to boost economic development, will allow foreigners who invest heavily in the country to stay for five to 10 years. For example, an individual who invests $350,000 in shares of domestic public companies, savings accounts or government bonds is eligible for a five-year holding period.
It was not immediately clear whether Altman, who visited Jakarta in June to talk about artificial intelligence, sought a visa or planned to invest in Indonesia.
Read more: Indonesia introduces golden visa to attract foreign investors
Since its first year, OpenAI tools have demonstrated human-like intelligence using vast data centers, prompting an acceleration of investment in AI-enabled infrastructure.
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