JakartaPost-Sept 6

OpenAI chief executive Sam Altman has been granted Indonesia’s first golden visa, officials said, as Southeast Asia’s biggest economy looks to attract wealthy foreign investors. The co-founder of the ChatGPT was granted a 10-year visa for his potential contributions to the development of artificial intelligence (AI) in Indonesia, director-general of immigration Silmy Karim said in a statement Monday. Silmy said that an issuance of a golden visa must be based on recommendation by a central government institution. The United States-based tech entrepreneur was also granted a special visa because of his international reputation as the head of the AI research and development company, the official said. With the golden visa the 38-year-old would be able to bypass immigration queues at Indonesia’s airports and more easily enter and exit the country, according to the statement. Altman visited Indonesia in June to speak about AI. Indonesia is introducing a golden visa scheme to attract foreign individual and corporate investors in an attempt to boost its economy. In the golden visa program, those who invest US$2.5 million in the country will get a five-year stay while those who invest double that amount get 10 years. The country is looking to develop an AI ecosystem and community in the country as the industry booms worldwide. Other countries around the world including the US, Ireland, New Zealand and Spain have introduced similar golden visas for investors, seeking to attract capital and entrepreneurial residents. Read more at: https://www.thejakartapost.com/paper/2023/09/06/openai-chief-granted-first-golden-visa.html.