kuwait

Kuwait is one of the economically developed countries of the Middle East with rich natural resources. However, Kuwait does not have an official program such as residence permit by investment or “Golden Visa” program. There is no practice in this country for foreign investors to grant residence permits to investors who meet certain investment criteria.

Regarding real estate investment in Kuwait, foreign investors may not be allowed to purchase real estate directly. Kuwait generally allows local citizens and citizens of the Gulf Cooperation Council (GCC) countries the right to own real estate, but for other foreign investors this is a more restricted process. In order for foreign investors to own real estate in Kuwait, they usually need to cooperate with a local partner or invest in certain sectors.

Opportunities to obtain a residence permit by investing in Kuwait are limited. Generally, foreign investors and business people can obtain a work visa and subsequent residence permit by starting a business in Kuwait or investing in an existing business. This process may vary depending on the size of the investment and the investor’s business plan.

For individuals considering a residence permit or real estate investment in Kuwait, it is important to obtain detailed information about the country’s investment laws, real estate market and immigration policies. In order to obtain the most accurate and up-to-date information about such investments and residence permit processes, it may be useful to work with an expert consultant. Although Kuwait offers certain opportunities to investors with its economically developed structure, it has stricter rules regarding investment and residence permits than some other Gulf countries.