Kuwait is tightening the rules of real estate ownership for citizens of Arab countries that are not members of the Cooperation Council for the Arab States of the Persian Gulf (GCC).
People from GCC countries such as Saudi Arabia, the United Arab Emirates, Bahrain, Qatar and Oman have the same property rights in Kuwait as its citizens. They can buy real estate in Kuwait without any additional conditions and requirements.
A number of significant restrictions are imposed on citizens of other Arab countries: they must have lived in Kuwait for 10 years before buying a house, have no criminal record, be financially sound and receive the approval of the Council of Ministers of Kuwait. Former Kuwaiti citizens, foreigners of non-Arab origin and stateless persons cannot buy real estate in Kuwait. Other Gulf countries such as Oman, on the contrary, is gradually lifting restrictions, luring foreign buyers to its markets.Source: Semafor
