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Interior Ministry enables 15-year stays for qualified foreign investors

Interior Ministry enables 15-year stays for qualified foreign investors

The Kuwaiti Ministry of Interior announced that the Council of Ministers has decided to introduce a new regulatory framework enabling eligible foreign investors and their families to obtain residency permits of up to 15 years, provided that the investment entities continue their active operations within Kuwait and maintain an investment value of no less than five million Kuwaiti dinars, with a minimum capital requirement of one million dinars for certain activities. This initiative is part of Kuwait's efforts to boost foreign direct investment and support the goals of Law No. 116 of 2013.

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