MANILA – The President of the Philippines, Ferdinand Marcos Jr., is set to issue directives to implement the issuance of digital nomad visas to attract remote workers from around the world.
A digital nomad visa allows individuals to work remotely in a foreign country, and it is becoming increasingly popular among freelancers and tech professionals.
President Marcos will issue an executive order (EO) to launch these visas immediately, without initial tax incentives, as confirmed by the Private Sector Advisory Council-Tourism Sector Group (PSAC-TSG) during a meeting with the president on Wednesday. The PSAC-TSG suggested that tax incentives, which could boost the adoption of nomad visas, may follow through a related bill to be passed by Congress. Additionally, they recommended selecting a pilot country for the initiative.
Neighboring countries are already offering digital nomad visas, and the Philippines is keen to join the trend. Currently, House Bill 8165, known as the Digital Nomad Act, is at the committee level. However, the president’s directive ensures that the visa issuance process will be expedited.
Specific details regarding eligibility, fees, or required documents for the digital nomad visa have not yet been disclosed. Typically, countries that offer these visas focus on criteria such as minimum earnings and health insurance.
Several countries have already implemented digital nomad visas, including Japan, Italy, Thailand, Spain, Argentina, Romania, the United Arab Emirates, Croatia, Portugal, Uruguay, Malta, and Norway. The Philippines aims to enhance its attractiveness to remote workers by joining this growing list.
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