The Kurdistan Region’s Ministry of Interior has issued updated regulations for granting electronic visas and residence permits. These reforms introduce new pathways to residency and aim to attract foreign investors and skilled workers. The changes, approved under the authority of Minister Rebar Ahmed, focus on boosting investment and streamlining the residency process.
The new rules set clear durations for residency cards. Foreign nationals can now receive a residence card valid for no less than six months and up to five years. This card grants them legal stay within the Kurdistan Region.
One major reform is the introduction of flexible investor visa options. Investors can now obtain a residence permit valid for three to five years. This benefit extends to their spouse, children under 18, and their parents. However, they must first be certified as investors by the Kurdistan Board of Investment.
Moreover, the new system allows residency through real estate investment. Foreigners who buy a housing unit worth at least $50,000 within investment projects are eligible. These investors can also apply for residence permits ranging from one to three years. Their family members, including spouse, children under 18, and parents, also qualify under the same conditions.
The policy provides extensions for all qualified residency types. Once the initial term ends, the residence can be renewed using the same procedures. This extension must also receive approval from the Kurdistan Investment Board.
Residency fees will apply according to an official fee schedule. These charges are based on the length of the residency issued.
This move toward flexible investor visa options demonstrates Kurdistan’s push to expand its investment climate. It also encourages foreign nationals to view the region as a long-term home. By aligning with economic strategies, these updated rules aim to make Kurdistan more attractive to global talent and investors alike.
The flexible investor visa options not only simplify procedures but also ensure legal clarity for foreign residents.
