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الراي
Foreign investor residence rules extended to 15 years
The Kuwaiti Council of Ministers has issued a decision granting foreign investors long-term residence of up to 15 years, provided they meet certain conditions related to the amount of investment and capital, and submit the required documents such as a passport and criminal record. This decision includes owners of investment entities, partners, managers, and senior executives, as well as their families. Its aim is to encourage direct investment in Kuwait. It is required that the entity has an actual office and that the investment amount is less than 5 million dinars, along with a commitment to employ a certain percentage of Kuwaitis. Applications are reviewed within five working days, with the possibility of renewal or cancellation in specific cases.
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