Freelancers might be in for the opportunity of a lifetime as Bali is offering a tax free status for anyone permanently moving there to work from home.
The country’s tourism minister Sandiaga Uno announced that a five-year digital nomad VISA has just been issued, and hopes that the move will bring in around 3.6 million overseas travellers and create one million jobs.
Uno said that the proposed visa means freelancers can live utterly tax-free on islands like Bali as long as their earnings come from outside of Indonesia.
The Minister explained to South China Morning Post that he wants Indonesia’s tourism to shift from ‘sun, sea and sand’ and instead focus on serenity, spirituality and sustainability. ‘This way we’re getting quality and better impact on the local economy’ he explained.
The decision was based on research which showed that Indonesia was ‘top of the mind’ for 95% of the remote works that took part in the survey. Similar plans for a digital nomad visa were in the works last year but were put on hold due to the pandemic.
’Now that the pandemic is handled’ Uno added, ‘we believe that this is an opportune time to relaunch this idea.’ There are already a variety of visas available to remote workers but these only last between 30 and 180 days.