Kuwait | RAIHA

KUWAIT

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Country & Investment Overview

Key Takeaways

Outlook:

Stable, but diversification slower than peers.

Overview & Location:

~18,000 km²; borders Iraq, Saudi Arabia; Gulf coastline.

Demographics:

~4.3m, ~70% expatriates. Aging population trends.

Economy:

Oil dominates (90%+ exports/revenue). Currency (KWD) among strongest globally.

Investment Climate:

Corporate tax 15% (foreign firms); business reforms slower than GCC peers.

Key Sectors:

Oil & gas, petrochemicals, finance, real estate, infrastructure.

Tourism:

Limited but growing domestic and GCC leisure.

Risks & Outlook:

Political gridlock slows reforms; outlook steady with strong fiscal buffers.

Important contacts

For official diplomatic assistance and consular services, contact your country’s embassy in Kuwait City.

Full list of foreign embassies & missions:
https://www.mofa.gov.kw/

Emergency Ambulance Number: 112
Public Ambulance Services: Available nationwide
Private Ambulance Providers: Available in Kuwait City and major urban areas
Hospitals: Public and private hospitals provide international-standard care across the country

Handles visas, residency permits, and other immigration matters

Responsible for labor law enforcement, employment regulation, and Kuwaitization policies

Handles company registration, business licensing, and commercial regulations

Manages corporate tax (for foreign companies), customs, and VAT (if applicable in future reforms)