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Kuwait planning to grant 5 year residency for foreign investors

Wednesday, February 1, 2023
Kuwait planning to grant 5 year residency for foreign investors

The Ministry of the Interior is planning to grant residence for a period of upto 5 years for foreign investors with the possibility of staying outside Kuwait for for a period exceeding 6 months without obtaining permission for absence.

According to Al-Anba daily report, the decision, which is to be issued soon, will also allow investment entities to get commercial visit visa without the requirement of university degree for those who are used by these entities from specialized technical workers.

Moreover, investment entities will also be allowed to apply for entry visas for nationalities that are prohibited from entering, after conducting an audit and obtaining security permission from the competent authority in accordance with the established rules and principles, it added.


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Express your comment on this article

 
Omer
Monday, February 6, 2023
When you are opening family visas.

KS
Saturday, February 4, 2023
still living 20 years back. need to learn from Qatar, UAE and Saudi . agree with atzacha

atzacha
Wednesday, February 1, 2023
Actually country need a futuristic development plan for coming generations.
Need someone like Sauid''s MBS & Qatar''s Amir Al Thani. Because the population is an asset for country''s development and business instead of feelings of burden or intolerance.
The priorities should be changed. The law makers should make law for proper support for business and investments and new projects.
I think all sectors need reviewing its policies. Can study from the Middle East coutries like UAE, Qatar, & K.S.A for futuristic plans for the new generations. If someone fo business they need more support from approvals and supporting laws. And many people and children & families suffering from difficulties to bring at least visit visas for family members. I think the State should consider put up more basic humanitarian supporting laws.

John
Wednesday, February 1, 2023
After issuing the visa we will make him run.......

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