OpenAI CEO Sam Altman is the first person to receive an Indonesian Golden Visa

(Bloomberg) – Sam Altman, CEO of OpenAI, is the first person to receive a golden visa for Indonesia as Southeast Asia’s largest economy tries to attract foreign investors.

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The country’s immigration service granted Altman a 10-year visa because he “has an international reputation and could bring benefits to Indonesia,” director-general of the immigration service Silmy Karim said in a statement. Among other things, the co-founder of the ChatGPT creator would be happy about preferential security checks at airports, longer lengths of stay and simpler entry and exit processes.

The new visa, introduced last week to boost economic development, allows foreigners making significant investments in the country stays of five to 10 years. For example, a person who invests $350,000 in local public company stock, savings accounts, or government bonds is eligible for a five-year residency.

It wasn’t immediately known if Altman, who visited Jakarta in June to talk about artificial intelligence, applied for the visa or plans to invest in Indonesia.

Read more: Indonesia introduces golden visa to attract foreign investors

Since their debut last year, OpenAI’s tools have sparked a surge in investment in AI-enabled infrastructure by demonstrating the potential of human-like intelligence using massive data centers.

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