Kuwait Passport Ranks 20th Globally for Investment Opportunities

Kuwait has ranked 20th in the world for the index of the most powerful passports for investment opportunities and ease of doing business in 2023, according to Global Citizen for Foreign and Immigrant Investment Consulting.

The index analyzed data of 197 countries, based on three basic pillars; markets and innovations, gross national income per capita, and personal taxes.

Kuwait received a total of 68.7 points in the general classification. The total national income per capita Kuwaiti amounted to about $59,000, while personal taxes in the country amounted to zero.

In the Gulf region, the UAE topped the rankings at sixth place globally, followed by Qatar in seventh place, and Saudi Arabia in tenth place globally, while Kuwait came in fourth place in the Gulf region, followed by Bahrain in 21st place globally, then Oman in 32nd place globally.

Here is a list of the top 10 most powerful passports for investment opportunities in 2023: 

1. Singapore
2. Hong Kong
3. USA
4. Macau
5. Monaco
6. UAE
7. Qatar
8. Switzerland
9. Canada
10. Saudi Arabia