"The Philippines is set to unveil a digital nomad visa aimed at attracting remote workers, offering a pathway for long-term stays and economic contribution."
"By shifting focus to remote workers, the government aims to tap into the growing digital nomad trend, which could significantly enhance tourism revenues."
The Philippines will introduce a digital nomad visa, targeting the remote worker market to stimulate economic recovery in tourism. After the pandemic severely impacted international arrivals, the government seeks to attract longer-staying visitors who contribute more financially. The 2023 Global Digital Nomad study shows digital nomads adding $787 billion to the global economy. The new visa will permit remote work for up to a year, requiring applicants to prove financial stability and health insurance, while prohibiting local employment to protect domestic jobs.
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