(MENAFN- The Rio Times) Bolivia is scrapping visas for visitors from the United States, Israel, South Korea, South Africa, Latvia, Estonia and Romania, in a sharp break with the restrictions imposed more than a decade ago.

The new rules, announced in La Paz by Foreign Minister Fernando Aramayo alongside President Rodrigo Paz and Tourism Minister Cinthya Yañez, are designed to make it cheaper and easier for travelers from those countries to enter and stay for up to 90 days.

Behind the move is a hard economic calculation. The government forecasts at least 320 million dollars in tourism income between 2026 and 2029 as a direct result of the visa waiver.

Officials say Bolivia has already sacrificed about 900 million dollars in potential revenue since visas for U.S. citizens and others were imposed from 2007 onward, and a further 80 million dollars lost through years of tighter border controls and closures.

The regional comparison is uncomfortable. In the 1990s, Bolivia and Peru attracted similar numbers of foreign visitors. By 2023, Bolivia received roughly 650,000 tourists, while Peru welcomed more than 3.5 million.



That gap translates into thousands of missing jobs in hotels, restaurants, transport and guiding – and into less foreign currency at a time when Bolivia is battling its most serious economic crisis in roughly 40 years, with fiscal stress and a chronic shortage of dollars.
Policy Reset and Tourism Strategy
The visa rollback is part of a broader policy reset. Current authorities openly describe the earlier restrictions as ideological and uneconomic, a political gesture that ended up punishing local businesses more than foreign governments.

The new strategy seeks to rebuild pragmatic ties with key partners, especially in North America and Asia, while launching a“country brand” plan built on five pillars: stronger tourism institutions, easier entry, security, international promotion and better regulation of the sector.

La Paz is also working, over the medium term, to secure visa-free access for Bolivian travelers to Europe 's Schengen area. On social media, official tourism accounts are selling the change as proof that Bolivia is“opening to the world.” For travelers, it means fewer hurdles.

For airlines and tour operators, it signals a government finally willing to compete with its neighbors. And for Bolivians, it is a bet that welcoming visitors – rather than keeping them out – is the safer path to jobs, investment and long-term stability.

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