6 Expats can own property in Kuwait (Via Arabtimes)
Ministry of Justice has approved applications from six expatriates to own real estate property in Kuwait, as per the provision of Law 74/1979. A source said the five properties approved and registered at the Property Registration Department include two locations in Mishref that cover 750 and 1,000 square meters area respectively.
The third property located in Rawda area is 1,000 square meters and the fourth in Farwaniya is 500 square meters, while the fifth property in Masayel area extends 400 square meters. The source named the property owners as Elyas Naqoula Al-Hani from Lebanon, Zaher Fouad Al-Khateb from Jordan, and Al-Saedi brothers from Yemen-Talal and Sakinah, Egyptian Ibrahim Al-Seyyid Ismail, and Abdul-Amir Shehab from Yemen.
He revealed that the Minister of Justice, Awqaf and Islamic Affairs Yacoub Al-Sane’ signed the property ownership about 10 days ago, and Law Number 74/1979 stipulates that only Arab expatriates can own a maximum of one property in a residential area in Kuwait if a decree is issued in their favor. He also said the property ownership should conform to stipulated conditions; the applicant must be a permanent resident in Kuwait with income enough to purchase the property.
The applicant must not have breached trust throughout the period of stay or an ex-convict. He should dedicate the entire property for private residential purposes where he will reside with his family. He should not own any other property in Kuwait, and the property must not cover more than 1,000 square meters area. He should be the citizen of a country that deals with Kuwait based on the policy of reciprocity, and a Kuwaiti should not have any share in the property.
Source : Arabtimes
Kuwait News
- Events in Kuwait
- US Visa Lottery Program for expats
- Meet the new HUAWEI nova Y90 – starting from KD 60.900 in Kuwait
- Nooran Sisters in Kuwait – Live in Concert
- Tony Kakkar Live Concert in Kuwait
- Why we think HUAWEI MatePad Pro is an All-round Stylish and Pro Flagship
- Kuwait MoI stops issuing family reunion visas
- The Ultimate Elegant High-Performance Flagship laptop HUAWEI MateBook X Pro launches now in Kuwait
- 4th Booster Vaccination starting from 10th August 2022
- Dana Alotaibi Stabbed to Death
- First App based shuttle service in Kuwait by City Group Co.
- HUAWEI Mate Xs 2 – Unfold a New Way of Thinking
- Mother killed her child in Kuwait
- Over 542,000 air passengers will use Kuwait airport during the upcoming Eid
- Ruja name placed among top 10 most wanted people by FBI, equivalent of KWD 30,000 rewards for any info.
- Jazeera Airways To Salalah, Oman
- Three sites in Jahra for expatriate workers to live
- Old cars are not allowed on roads
- HUAWEI nova Y70 – 2022 budget smartphone in Kuwait
- Two dead bodies found in plane
Filed in: All • Expats in Kuwait • Local News
Subscribe
If you enjoyed this article, subscribe to receive more just like it.
