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MPs mulling ‘laws’ that will let Kuwait fully benefit from expats
June 21, 2016, 8:24 am
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A number of MPs intend to submit draft laws for the country to fully benefit from the expatriates.

Sources revealed the draft laws include the transfer of expatriate workers, income tax, license to engage in business, medium and long-term residency permits.

Sources said many expatriates with high income want to invest their money in Kuwait but the existing laws do not allow them to do this.

In the same context, the Legislative Committee in the Parliament referred to its finance counterpart a draft law on allowing foreigners to engage in trading and retail businesses without a Kuwaiti agent or partner.

Sources affirmed the proposal is constitutional and it is considered an application of the principles of the World Trade Organization signed by Kuwait.

Source: Arab Times

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