Kuwait has launched a new 15-year residency program aimed at attracting foreign investment. The initiative allows investors meeting specific criteria to reside in the country for an extended period, potentially boosting the nation’s economy. Eligibility requires proving investment of at least 300,000 Kuwaiti Dinars (approximately $987,000 USD) in a viable project. Investors must also maintain a valid residency permit throughout the application process. The program seeks to diversify Kuwait’s economy beyond oil and encourage sustainable development. Further details regarding application procedures and required documentation are available through Kuwait’s official investment channels. This move aligns with broader regional efforts to attract foreign capital and skilled workers.