OpenAI CEO and Worldcoin co-founder Sam Altman has become the first recipient of Indonesia’s Golden Visa. It is reported by Bloomberg.
The document gives the right to stay in the country for 10 years. The immigration department explained the decision by the “positive international reputation” of Altman, who “can benefit Indonesia.”
The Golden Visa, among other things, provides priority clearance at airports, simplified entry and exit procedures, as well as other benefits.
At the end of August, Indonesia launched an initiative to stimulate economic development. The document allows foreigners to stay in the country for 5-10 years with “significant investment”.
An individual’s $350,000 investment in local public company stocks, savings accounts, or government bonds will earn them a five-year golden visa, according to Bloomberg.
In June, Altman visited Jakarta (the capital of Indonesia), the agency noted. However, it is not known whether he applied for a document and what investments he made in the country.
Worldcoin was launched on July 24th. The main product of the project, the World ID protocol, is based on zero-knowledge proofs. It is a mobile identification tool with a retinal scan or a phone number.
Earlier, the regulators of Great Britain, France, Germany and Argentina became interested in the activity of Worldcoin. In Kenya, the project was suspended, and the company’s warehouses were searched.
Recall that in August, Ethereum co-founder Vitalik Buterin received a “golden card” of Taiwan, which provides unhindered entry into the country and the right to stay in it for more than 180 days.
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