Press Release on Introduction of Incentives for the Tourism Sector
August 25, 2023
The Royal Government of Bhutan is pleased to announce additional incentives and policy measures to boost the tourism sector. This is given the important role of the tourism sector in generating employment; earning foreign exchange; realizing the potential for spillover benefits for ancillary industries; and in boosting overall economic growth.
The incentives and measures shall consist of the following:
The above incentives will come into effect from 1 September 2023 and shall remain effective for four years till 31 August 2027.
The Royal Government shall conduct periodic assessments of the domestic and international tourism scenarios and may discontinue the above incentives to uphold and promote the High-Value Low Volume Tourism Policy of Bhutan after 31 August 2027.
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