Kuwait wooes wealthy foreigners with investor permit as war hits economy - AL-MONITOR: The Middle Eastʼs leading independent news source since 2012
Kuwait wooes wealthy foreigners with investor permit as war hits economy - AL-MONITOR: The Middle Eastʼs leading independent news source since 2012
Model Diplomat1 min readasia
Kuwait is expanding its appeal to wealth and talent amid economic strain from regional conflicts. Key points:
- New 15-year residency permit for foreign investors (and their families) with minimum capital of about $3.25 million. Aims to attract investment and position Kuwait as a regional financial hub.
- Move follows intensified diversification efforts under Vision 2035 and comes as Kuwait faces economic headwinds from the US-Israel-Iran war and Hormuz-related disruptions;
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