Australia recently announced plans to extend the 10-year multiple-entry tourist visa program to tourists from qualifying ASEAN countries and Timor-Leste. They have also extended the validity of the business visa from three to five years. This initiative is expected to support the recovery of the tourism industry and deepen economic ties between Australia and countries in the Southeast Asian region.
Australian Prime Minister Anthony Albanese announced the initiative at the ASEAN-Australia Special Summit in Melbourne. The event was attended by leaders from various ASEAN countries and Timor-Leste, according to the Australian Prime Minister's official website.
The multiple-entry tourist visa can be valid for up to 10 years, allowing frequent business travelers to stay for up to three months per visit. Previously, Australia allowed Chinese tourists to apply for the 10-year visa in an effort to increase the number of visits from the world's second-largest population. Unfortunately, Australia's appeal has diminished as Chinese tourists prefer to visit Southeast Asian countries such as Thailand and Malaysia, which have visa-free policies.
The visa policy changes are part of a broader effort by the Australian government to strengthen economic ties with Southeast Asia. These efforts include the establishment of a $2 billion Southeast Asia Investment Financing Facility. This aims to encourage Australian investment in the region, particularly in key sectors such as infrastructure and clean energy.
The extension of the 10-year visa scheme and strategic financial initiatives reflect Australia's future approach to Southeast Asia. These changes are expected to boost Australian tourism by attracting more ASEAN tourists, facilitate deeper business relationships and open up new opportunities for trade and investment in the region.
