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'Neveen Ma'arafi') claimed that "There is a special law about the Kuwaiti Nationality that organizes the way to gain citizenship, what happened is that it appeared to the government that there are people who gained the citizenship through illegal ways, and there are those who gained the Kuwaiti citizenship then they were chosen to gain another ...
Citizenship by investment programs enable the applicant to rapidly obtain citizenship with no required residence period, or only a short nominal period measured in days or weeks. These are often known as "golden passports" or "cash-for-passport" programs, offering visa-free travel and possible tax advantages.
Kuwait Direct Investment Promotion Authority (KDIPA) was established in 2013. It is a governmental organization that advances economic diversification , growth, and Kuwait's global competitiveness. It was established in alignment with Kuwait's goal of diminishing its dependence on oil-generated revenues and broadening its economic base.
Citizenship-by-investment enables individuals to acquire an additional citizenship by making an exceptional economic contribution to another country. [5] This can be done by successfully completing a citizenship-by-investment program (also referred to as immigrant investor programs). Most of these programs are structured to ensure that the ...
The 2008 Comoros Economic Citizenship bill that established the citizenship by investment program was originally marketed to the Comoran National Assembly by the perpetrators as an opportunity to draw inbound investment into the Comoros from wealthy Gulf investors, but after its passage was promoted to the governments of UAE and Kuwait as a ...
A similar program is being held for business students at the Kuwait Investment Authority. Since its inception, the Kuwait Fund has given a total of 1056 loans, to 120 beneficiary countries, totaling KWD 6,835,224,180 billion over 300 Grants & technical assistance packages have been distributed to 88 countries and institutions, totaling KWD 98. ...
Naturalization (or naturalisation) is the legal act or process by which a non-national of a country acquires the nationality of that country after birth. [1] The definition of naturalization by the International Organization for Migration of the United Nations excludes citizenship that is automatically acquired (e.g. at birth) or is acquired by declaration.
After the first Gulf War in 1990–1991, Kuwait was especially affected. The immense deprivation of the country required Kuwait to rebuild the country's economy and infrastructure, mainly through the reconstruction of the petroleum industry. Although the pre-war level of the GDP per capita was achieved already in 1992, it constituted a costly ...