APEC Business Travel Card to be Extended to Five Years
The APEC (Asia Pacific Economic Cooperation) Business mobility Group, has announced that its APEC Business Travel Card (ABTC) will be valid for five years from 1 September 2015, rather than the current three years.
What are the Benefits of the ABTC?
The ABTC allows business travellers who are nationals of participating APEC member countries to enter participating member countries for multiple short-term stays (two to three months) without having to apply for individual visas or entry permits.
ABTC holders also benefit from fast-track immigration lanes at major airports in participating countries.
Who Qualifies for the ABTC?
APEC Member Economies fully participating in the scheme include Australia, Brunei Darussalam, Chile, China, Hong Kong, Indonesia, Japan, Korea, Malaysia, Mexico, New Zealand, Papua New Guinea, Peru, Philippines, Singapore, Taiwan, Thailand, Vietnam, and the Russian Federation.
Canada and the United States are transitional members of the scheme which allow cardholders from participating economies to use fast-track immigration lanes.
- Consider the newly extended ABTC for frequent business travellers who are nationals of participating APEC economies, to benefit from savings in immigration costs and visa processing time;
- Postpone applications for the ABTC until 1 September 2015 or after, to benefit from the new five-year validity.