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15-year iqama for investors; 10 years for property owners

Thursday, May 26, 2022
15-year iqama for investors; 10 years for property owners

Parliament’s interior and defense committee Thursday approved amendments to the foreigners’ residency law, under which investors would for the first time get residency for 15 years, while owners of real estate and children of Kuwaiti women will get iqamas valid for 10 years. The committee will send the report to the National Assembly.

The draft law, which must be approved by the National Assembly and signed by the government to become effective, states that foreigners can get regular residency of up to five years, but they must leave the country if their iqama expires and their request for renewal is denied.

All foreigners who enjoy regular residence in Kuwait must not stay outside the country for more than six months, otherwise the residency will be cancelled. Investors, owners of real estate and children of Kuwaiti women are all exempt from this condition. Domestic helpers however cannot stay outside the country for more than four months, otherwise their residency will become invalid.

The bill stipulates that the Cabinet will set out conditions under which investors can obtain the 15-year residency, including the amount of investment. Under the new law, Kuwaiti women can sponsor their husbands and children, provided they have not obtained citizenship through a previous marriage. Foreign widows or divorcees of Kuwaiti husbands who have children can also sponsor themselves.



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Express your comment on this article

 
Faiz
Saturday, May 28, 2022
What about family visit visa when it will be start and what was basic salary..

Parvez Ahmed SHELIYA
Thursday, May 26, 2022
That''s great news....

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