Fueling Global Connections : Actionable APEC Travel Card Tips for Entrepreneurs

Contributed by AsiaBC | 29 Jun 2024

Asia Business Centre (Asia Business Centre (AsiaBC) [HK+SG Bank Account Opening / Company Formation / Company Secretary / Accounting & Tax])

“Investment in travel is an investment in yourself” and as an entrepreneur in the ever-changing business landscape, travelling is more than exotic destinations and cultural exploration as it opens an endless array of possibilities in forging strong connections with suppliers, gaining first-hand insights into foreign markets, and expanding your venture across the globe.

Ready your passports as we introduce you to the remarkable synergy between globetrotting and entrepreneurship in this travel-friendly blog :

  • APEC Travel Card 
  • Your Passport to Global Business
  • The Essential Building Blocks
  • Fast Track to Global Success with AsiaBC

APEC Travel Card

The APEC Travel Card (ABTC) streamlines travelling entrepreneurs’ entry and exit procedures within the 21 Asia-Pacific Economic Cooperation (APEC) member countries. It aims to foster economic cooperation and facilitate trade by promoting more accessible and efficient travel for eligible business professionals within the APEC region.

The ABTC grants holders a 5-year ID card validity and allows them to stay in each territory for 60 or 90 days, exclusively for business purposes. Individuals wishing to travel for leisure must apply for a tourist visa.

Your Passport to Global Business

APEC Travel Card paves a new era of international business travel, empowering entrepreneurs to conquer unique horizons. Here are 5 game-changing points on how ABTC boosts operational productivity and fuels global connectivity :

  1. Swift entry. Faster immigration processing at APEC member economies, minimising delays and simplifying travel procedures for a more convenient and efficient business travel.
  2. Visa-free or visa-on-arrival access. Eliminates the need to apply and pay for individual visas for each visit, enabling ABTC cardholders to enter participating countries for business trips, saving both time and money. 
  3. Multiple entries and extended stay. Grants frequent business travellers multiple entries to APEC member economies for a validity of 5 years and allow extended stays of up to 90 days per visit.  
  4. Preferred lane. Dedicated lanes or fast-track immigration channels at airports and other entry points for quicker processing and bypassing regular queues, enhancing the overall travel experience.
  5. Networking on a global scale. Expand business networks, trade, and investment opportunities within the APEC region, boosting professional credibility and facilitating connections with potential partners.

The Essential Building Blocks

APEC Member Countries : 

Discover the dynamic array of ABTC member countries that promotes cross-border collaboration, innovation and growth in the global business landscape : 

Australia, Brunei Darussalam, Chile, China, Hong Kong, Indonesia, Japan, Korea, Malaysia, Mexico, New Zealand, Papua New Guinea, Peru, The Philippines, The Russian Federation, Singapore, Chinese Taipei, Thailand, Vietnam.

Canada and the United States are two APEC member economies who are currently transitioning into the ABTC program.

Eligibility Criteria : 

  • Must be a citizen of one of the APEC member economies.
  • Should be actively engaged in trade, services, or investment activities related to the endorsing economy.
  • Must be a frequent traveller for business-related matters.
  • Should have a clean criminal record and be of good character.

Requirements : 

  • Completed application form
  • Valid passport with 6 months validity
  • Business documents involved in trade, services or investment activities related to the endorsing economy
  • Proof of international travel related to business matters.

Processing Time :

The processing time can vary depending on the country, but it generally takes 2 weeks to process.

Fast Track to Global Success with AsiaBC

Travelling is not just a leisure adventure for entrepreneurs but a strategic tool that serves as their gateway to build valuable connections, explore new markets, and stay ahead of industry trends.

Find out a seamless and efficient way to travel for business across the Asia-Pacific borders with AsiaBC’s newest service – the APEC Travel Card

This latest offer aims to support globetrotting business owners in expanding their endeavours worldwide, such as opening a new company in the Philippines with personalised and time-saving solutions designed to meet their specific needs. Adding to this convenience, our dedicated team handles all the ABTC paperwork for you, from initial documentation to answering your queries, ensuring a hassle-free application process and giving you more time to focus on boosting your global market presence.

Asia Business Centre (Asia Business Centre (AsiaBC) [HK+SG Bank Account Opening / Company Formation / Company Secretary / Accounting & Tax])

Leave the paperwork behind and make your travel in and out of the APAC region stress-free. Connect with our team via WhatsApp at +852 6547 1314 or email us at business@asiabc.com.hk and embark on a new era of business exploration with your APEC Travel Card.

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