Through a new fixed-term deposit program designed to finance vital infrastructure, such as the nation’s first international airport at the innovative Gelephu Mindfulness City, non-resident Bhutanese can now directly contribute to the country’s development. In order to launch a nation-building campaign, GIDC, which was founded by Royal Charter as Gelephu’s sovereign development organization, has teamed up with ORO Bank, Asia’s first full reserve digital bank. On November 11, which was also His Majesty the Fourth King’s birth anniversary, the plan was introduced. As a landlocked nation, Ujjwal Dahal claimed that this is a unique chance to construct a new airport that will enable international connectivity and serve as a major economic engine, resulting in prosperity for future generations.
A one-time deposit of at least $1,000 USD with a 10-year term is available to Bhutanese citizens, yielding an annual interest rate of 4% in USD. With a 10-year term and an annual interest rate of 10% in Bhutanese currency, non-resident Bhutanese can also choose to make a one-time fixed-term deposit of at least $1,000 USD. Subscribers can invest larger sums through predetermined increment amounts for both of these one-time deposit methods. With a minimum monthly investment of USD 250 for 24 months, non-resident Bhutanese can choose a monthly fixed-term subscription that offers an annual interest rate of 8% in Bhutanese currency. After five years, subscribers will have the option to redeem early without incurring any fees.
