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Jordan amends residence and citizenship rules for investors to boost strategic project investments

Jordan amends residence and citizenship rules for investors to boost strategic project investments

The Jordanian Cabinet has decided to amend the criteria for granting residence permits and citizenship to investors, aimed at boosting the attraction of investments in national strategic projects, including the Amara City project. The amendments involve increasing the minimum qualifying investment for obtaining citizenship to $2.12 million, with conditions to retain the investment for five years and to create job opportunities for Jordanians. Additionally, the revisions include granting citizenship to investors in sectors such as pharmaceuticals and logistics services. The changes also expand the beneficiaries to include family members and investors in specific projects, with specified conditions regarding residence requirements, share reservations, and periods of benefit.

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