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Kuwait wooes wealthy foreigners with investor permit as war hits economy
Kuwait wooes wealthy foreigners with investor permit as war hits economy
The Gulf state announced a new 15-year year residency permit for investors on Monday, just a day after stripping citizenship from thousands.
Samuel Wendel
Jun 15, 2026
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The Kuwait City skyline is pictured from across the waterfront along the Gulf in Salimiyah on June 2, 2026. — YASSER AL-ZAYYAT / AFP via Getty Images
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Kuwait unveiled a new 15-year residency permit for foreign investors on Monday, its latest effort to catch up with Gulf neighbors that have spent years wooing global wealth and talent as part of ambitious economic diversification drives. The move comes at a pivotal moment for Kuwait, which is taking a growth hit from the US-Israel-Iran war as the oil-rich state’s national overhaul........
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