Bhutan government just launched the world’s first Solana-backed visa for digital nomads

Key Highlights:

• Bhutan launches Digital Nomad Visa on Solana blockchain.
• For the visa, one requires TER, a stablecoin backed by gold.
• Bhutan turns into the primary nation to launch such an initiative.

Bhutan has launched a brand new Digital Nomad Visa that makes use of blockchain know-how (particularly Solana) to make the method of visa utility and administration system extra fashionable and safe. By way of this program, launched by the Gelephu Mindfulness Metropolis Authority in collaboration with NomadClub, individuals who work remotely, like freelancers, creators, or tech professionals, can dwell and work in Bhutan extra simply.

The Bhutan authorities (@gmcbhutan) simply launched the world’s first @Solana-backed visa for digital nomads:

– Purchase $10,000 value of TER, tokenized gold on Solana + $2,800 utility price
– Keep as much as 36 months in one of many world’s most stunning nations
– Get $10k again on the… pic.twitter.com/reyzgDWNCz

— vibhu (@vibhu) February 24, 2026

What makes it distinctive is that it’s bringing superior crypto-based techniques with Bhutan’s philosophy of prioritizing happiness and well-being (often known as Gross Nationwide Happiness).

What’s TER?

In keeping with the official web site, TER is a digital foreign money that’s being constructed on the Solana blockchain. What makes it particular is that every TER token is backed by actual gold. Every TER represents a small share of precise 999.9% pure gold that’s safely saved in vaults globally. It’s issued by the Gelephu Mindfulness Metropolis Authority and distributed via DK Financial institution.

The very best half is that TER will stay steady as a result of it’s linked to gold and one may even redeem it for actual gold if wanted. TER is combining the reliability of gold together with integration of blockchain know-how and making it a safer and extra sensible digital foreign money.

Easy and Versatile Visa Course of

The visa course of is pretty easy and versatile. There are not any strict necessities the place one wants a stated quantity of earnings to get the visa. The target market for this program are those which might be from the sector of tech and sustainability.

Candidates must pay a $2,800 price to the Gelephu Mindfulness Metropolis Authority and deposit $10,000 in TER via the DK Financial institution, which is refundable. The visa is legitimate for 12 months, nonetheless, it may be prolonged to 24-36 months.

Since TER is constructed on Solana, it supplies low charges and quick transactions. The gold backing protects the customers from sudden shifts available in the market that would trigger excessive volatility within the value of the token. The principle aim is to supply a steady and fashionable means for digital nomads to dwell and work within the nation.

Bhutan’s Distinctive Visa Mannequin

There are a number of nations like Estonia, Portugal, and the United Arab Emirates which have launched digital nomad visas, however these packages do not need blockchain integrations.

Alternatively, El Salvador has embraced cryptocurrency at a nationwide stage, even linking it to residency choices, but it surely doesn’t provide a visa tied to stablecoin backed by real-world belongings like gold.

With the launch of this initiative, Bhutan turns into the primary nation to mix digital visa with blockchain know-how and a gold-backed digital foreign money. Additionally, this initiative will push tourism, funding alternatives and enhance visibility at a worldwide stage.

Furthermore, that is large as a result of with this initiative, Bhutan is taking tokenization past investing and places it into actual, on a regular basis use. Right here, a gold-backed digital asset (TER) isn’t just one thing that you just commerce however is required for the visa, so mainly it’s tied to real-world processes. This additionally reveals that tokenized belongings should not confined to DeFi ecosystems. This transfer can push varied different nations to discover RWA extra and comply with swimsuit.

Additionally Learn: Bhutan Govt. Strikes $107M Bitcoin: How BTC Put Highlight on the Nation