Kuwait planning to grant 5 year residency for foreign investors

Wednesday, February 1, 2023

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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