Plans to grant residence renewal for a period of five years
Al-Anba daily reports that the Ministry of Interior plans to grant foreign investors and investment entities privileges concerning their residency, workers, and family members in Kuwait, regardless of their nationalities. In accordance with a decision that is being prepared for issuance, the investor will be granted a multiple entry visa for a period of six months to complete the licensing procedures.
Investment entities and their employees are also granted regular residence for a period of five years, renewable from the date of issuance, with the possibility of staying outside Kuwait for a period exceeding six months without obtaining permission to leave.
As part of the decision, to be issued soon, investment entities will be allowed to use specialized technical workers for commercial visits and will not have to obtain a university degree, unless he is granted temporary residence in accordance with Article 11 of Amiri Decree 17/1959 or converts his visit into a family residence.
Investing companies and their workers will be able to obtain a visa to join a family if they have regular residency, according to the decision, and investment companies will be able to apply for entry visas for several trips not exceeding one year, as well as be able to enter the country repeatedly with that visa without being restricted from staying within the country for a certain period of time.
According to the established rules and principles, investment entities can also apply for entry visas for nationalities prohibited from entering, after conducting an audit and obtaining security permission from the competent authority.