Bahrain to Issue 10-year Renewable Residency Permit to Foreign Investors

Bahrain’s Crown Prince has given instructions to prepare draft legislation which will allow the foreign investors to have a self-sponsored residency permit for 10 years. It is vital for the country to advance in the tourism, ICT, manufacturing, and financial services, oil & gas sectors. With the advancement in these sectors, the foreign investors will be more attracted, and it will also increase employment opportunities in Bahrain.