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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.
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 ...
'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 ...
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.
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. ...
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 ...
The citizenship-by-investment program and the relationship between Henley and the Malta government was criticized at the time. [35] Critics in Malta argued that the concessions to Henley were overly lucrative and may have entailed conflicts of interest. [35] Henley received 4% of each donation, which meant €26,000 per application for ...
The State of Kuwait formally has an official Nationality Law that grants non-nationals a legal pathway to obtaining citizenship. [52] However, as access to citizenship in Kuwait is autocratically controlled by the Al Sabah ruling family it is not subject to any external regulatory supervision.