Marcos to issue EO on 'nomad visas'Philippine President Ferdinand "Bongbong" Marcos Jr. presides over a meeting with the Presidential Legislative Liaison Office, as seen in this Jan. 24, 2023 photo release. MANILA, Philippines — President Ferdinand Marcos Jr. is set to issue an executive order (EO) for the immediate implementation of “nomad visas” without tax incentives, a permit that allows a person to work remotely in a foreign country that is popular with freelancers. Marcos has directed the Office of the Executive Secretary to draft the EO and select a pilot country for the initiative, PSAC-Tourism said in a statement. The issuance of nomad visas aims to attract long-term foreign visitors, PSAC-Tourism official Lucio Tan III said in a press release. “We need to issue nomad visas quickly to attract long-stay tourists.

Source: Philippine Star July 05, 2024 14:22 UTC