The government is poised to grant one of Macau’s wishes—the expansion of transit visa scheme.
Union Gaming Securities analysts are quoting multiple sources, who have reported that the city state’s transit visa scheme is about to undergo a significant positive shift by the end of 2015.
The current scheme allows a visitor to stay for seven days during the first visit of any given month and two days during the second visit of any given month, but under the new scheme, people entering Macau for purposes of transiting to a third party country would be allowed to stay up to 14 days during their first entry and up to seven days for a second entry.
Last year, the government restricted transit visas to five days during the first visit and one day during the second visit. Analysts believe it will be the VIP and premium mass segments that will benefit the most from any visa relaxation scheme.