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pakistan offers nationality to foreign investors, business persons

With this policy, the government believes it can attract billions of dollars of foreign investment by giving Pakistani nationality and proprietary rights to the foreign investors.

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ISLAMABAD: Pakistan government has decided to offer Pakistani nationality to foreign investors, especially to those who would make huge investments in the country.

According to sources, rich Chinese and Afghan nationals are interested in obtaining Pakistani nationality to start business here.

Information Minister Fawad Chaudhry through a tweet disclosed this development. This strategy is part of the new National Security Policy that aims to strengthen economy and safety of the citizens.

With this policy, the government believes it can attract billions of dollars of foreign investment by giving Pakistani nationality and proprietary rights to the foreign investors.

In his tweet, Fawad Chaudhry said, “In line with new National Security Policy, through which Pakistan declared geo-economics as core of its national security doctrine, the government has decided to allow permanent residency scheme for foreign nationals, new policy allows foreigners to get permanent resident status in lieu of investment,” the tweet said.

The government wanted to attract heavy investments from the affluent Afghan nationals who were presently investing in countries such as Iran, Turkey and Malaysia and they are keen to invest in Pakistan.

They said the government also hoped that US-based Sikh nationals would be happy to make investment in different sectors in Pakistan due to their affection with Sikh religious sites in the country.

Also, Prime Minister Imran Khan in his recent statements hinted that he wanted to attract top Chi­n­ese investors who relocated their industries to other countries in the region. The government also hoped that the rich Arabs rulers, who used to visit Pakistan every year for hunting purpose, would like to have Pakistani citizenship.

Javed Mahmood
Written By

I am an experienced writer, analyst, and author. My exposure in English journalism spans more than 28 years. In the past, I have been working with daily The Muslim (Lahore Bureau), daily Business Recorder (Lahore/Islamabad Bureaus), Daily Times, Islamabad, daily The Nation (Lahore and Karachi). With daily The Nation, I have served as Resident Editor, Karachi. Since 2009, I have been working as a Freelance Writer/Editor for American organizations.

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