Expats will allow to own apartments in Kuwait
When the Real Estate Owners Union suggested that the prime minister allows expats to own apartments in Kuwait
union sources assured that such ownership will not entitle owners to demand citizenship or any other privileges enjoyed by citizens. The source added that the system already exists in some neighboring GCC states.
The sources stressed that the decision will have a positive impact on various sectors, create more job opportunities for Kuwaiti youth and add value to Kuwait’s economy.
The target of the suggestion was to sell 1,000 apartments to expats annually at a total value of KD 100 million, and that legislators could set proper conditions for such ownerships.
Source : Zawya
[h]
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[/h] [h]From January 2017, the minor age lowered to 16 in Kuwait
[/h] [h]New electricity and water bills rates
[/h] [h]Expats to pay own water usage bills
[/h] [h]Rents may go down by 25 percent in Kuwait
[/h] [h]Four Dutch prostitutes arrested in Kuwait
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[/h]Events in Kuwait
Filed in: All • Info • Local News
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