Post
Topic
Board Economics
Re: Indonesia's new digital nomad visa allows tax free living
by
Zlantann
on 02/07/2022, 13:38:09 UTC
If you are a rich nomads then you could live a luxury life in Indonesia with cheaper cost compare to all other country in Europe. It is a good deal for most people because in general Indonesian salary is around $300 a month or even less for most citizen there so if you only earn around $1000-2000 a month then you could live luxury life in Indonesia but that's not enough to live in some country like Dubai
This visa is just to attract financially stable digital nomads to boast the tourism sector of Indonesia that have been badly devastated by Covid-19. Low earners would find this visa very unattractive because the intention of the government is to make money from indirect tax and not to provide employment. But Indonesia would be a very good location for Bitcoiners because although the Central Bank of Indonesia discourages banks from engaging in crypto transactions but the government have an open door policy on crypto currencies.