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  • 21-02-18

    Jordan: 500 citizenships to be awarded to investors

    (MENAFN) Jordan was confirmed to be awarding 500 investors with permanent residencies or citizenships per year.

    The government aims with its plan to attract investors and push for further investments in Jordan.

    "The Cabinet decided at the behest of the Minister of State for Investment to grant investors a permanent residency or citizenship status," Minister of State for Media Affairs Mohamed Al Momani declared.

    The official spokesman for the government also explains for a citizenship to be granted, investors need to deposit USD1.5 million in the Central Bank for a period of five years without interest, or purchase USD1.5 million treasury bonds, among other options.

    MENAFN2102201800450000ID1096488823

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