According to sources, Kuwait intends to offer investors, CEOs, and business owners 5- 15 years of residencies. The residency aims to attract business owners and business leaders to invest in Kuwait and boost the local economy. Also, it will help the current residents who offered Kuwait excellent services and have the financial ability to sustain living in Kuwait to self-sponsor.
The new law will amend the current residency law to offer people the right to self-sponsor without seeking residency under the current sponsorship system.
source: Alqabas
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