Bhutan Launches Blockchain-Backed Digital Nomad Visa

Bhutan has introduced the world’s first blockchain-backed digital nomad visa, according to announcements published by the Gelephu Mindfulness City Authority (GMCA).

Applicants are required to deposit $10,000 in TER tokens, a sovereign gold-backed digital asset issued on the Solana blockchain.

How the Program Works

To apply, candidates must:

• Open an account with DK Bank
• Purchase and deposit $10,000 worth of TER tokens
• Pay a non-refundable annual fee of $2,800 to the GMCA

The $10,000 deposit is refundable upon departure from the program.

Each TER token represents fractional ownership of physical gold (0.01 grams, 999.9 purity) stored in audited vaults, according to official program disclosures.

Visa Conditions

The digital nomad visa:

• Is valid for 12 months
• Can be renewed, subject to approval
• Does not impose a minimum income threshold
• Does not require a mandatory minimum stay

Eligible applicants include remote workers, entrepreneurs, and professionals aligned with the city’s sustainability and innovation focus.

Visa holders may reside anywhere in Bhutan, including within Gelephu Mindfulness City.

Broader Context

The launch reflects Bhutan’s expanding blockchain strategy and digital asset integration efforts.

The country has publicly acknowledged state involvement in cryptocurrency mining initiatives and digital asset reserves as part of its broader economic planning.

The digital nomad visa positions Bhutan as the first jurisdiction to directly link residency eligibility to participation in a sovereign, gold-backed blockchain token framework.