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Stock exchange benefits from nationality grant changes

Stock exchange benefits from nationality grant changes

The purpose of the proposed amendments to the criteria for granting citizenship to investors in Jordan is to attract stable capital and strengthen the capital market, especially given the positive performance of the financial market. The conditions focus on a minimum investment of 1.5 million Jordanian dinars and prohibit the disposal of profits or shares for five years, which encourages long-term investment and market sustainability. Additionally, a cap is set on investment in a single company at 10% of the total investment to promote liquidity distribution and widen the investor base. The market also benefits from a strong foreign investment presence, accounting for more than 46% of the market value, which enhances the opportunity to attract new investors and achieve sustainable economic growth.

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