Alghad - Informed sources suggested that the government would soon grant citizenship to 52 investors of different nationalities who applied for it.
 The sources, who requested anonymity, confirmed to "Al-Ghad" that granting citizenship comes after investors complete the conditions and criteria set by the government during the month of February of the year 2018 and the amendments made to it last year.
 The sources indicated that the technical committee concerned with nationality, formed by the Ministry of Industry, Trade and Supply, the Investment Authority, and the Ministry of Interior, made recommendations to the Ministry’s committee and recommended that these investors be granted citizenship, after checking their requests and verifying that they had completed all the conditions and criteria related to this matter.
 After granting citizenship to these investors, the total number of those who obtained Jordanian citizenship since the issuance of the decision becomes 112 investors. The sources indicated that the requests that completed the requirements for obtaining citizenship were distributed according to the various conditions set by the government, and the largest percentage of the existing investments was in addition to depositing and buying shares in companies”.
 On the citizenship of the investors, the sources said that "the applications that were submitted are of different nationalities, which are the Syrian, Iraqi and Palestinian nationals who hold the documents. The sources pointed out that the Investment Authority received more than 200 applications for obtaining citizenship, and work is being done to verify the financial solvency and the ability to implement the conditions set in this regard.
 At the beginning of last October, the government reduced the conditions of applications for obtaining citizenship and residence through investment, so that the condition of the value of the deposit was reduced to $ 1 million instead of $ 1.5 million at the Central Bank of Jordan without interest for a period of 3 years instead of five, and to purchase bonds Treasury with a value of one million dollars for a period of 6 years to be determined by the Central Bank instead of 1.5 million dollars for a period of 10 years at interest determined by the Central Bank.
The amendments also included investment by buying shares / shares in Jordanian companies for an amount of no less than one million dollars instead of $ 1.5 million, and investing in small or medium companies in the amount of 750 thousand dollars instead of one million dollars provided that the shares and shares are not disposed of for a period of not less than For a period of three years, provided that the Securities Depository Center or the Companies' General Comptroller Department, as the case may be, places a reservation mark on it.
It also included the establishment and registration of a project or investment projects in any of the productive economic sectors according to what is stipulated in the system for organizing investments for non-Jordanians and with a total paid-up capital of at least 1.5 million dollars instead of two million dollars within the borders of the capital governorate or at least one million dollars instead of 1.5 million dollars outside the boundaries of the Capital Governorate, provided that at least 20 real job opportunities are provided for Jordanians that are registered with the Social Security Corporation, and a temporary Jordanian passport is granted for a period of three years and he is treated as a Jordanian except political rights, provided that he is granted Jordanian citizenship
 The investor’s wife, daughters, bachelors, widows, and divorced women who live in his confinement and his children who are less than 18 years old at the time of submitting the application and his parents who depend on them” are granted Jordanian citizenship to investors who fulfill the above requirements, and if the investment is in an amount exceeding $ 3 million, the investor’s children are also granted Males who are less than 30 years old when submitting the application and their wives and children have Jordanian citizenship. Citizenship is also granted to existing investors with their investments so that the owner grants to the existing project or projects and its partners Jordanian citizenship according to specific foundations and criteria and according to the decision of the Council of Ministers, the application of the foundations is limited to 500 investors annually after conducting the security audit and checking the financial solvency before starting the procedures according to the priorities of applying for On Jordanian citizenship or residency for five years. In the event of a breach of any condition, the Jordanian nationality shall be withdrawn or the residence visa cancelled, as appropriate. The foreign direct investment flowing to Jordan decreased by 12.8% during the first half of last year, to reach 333.3 million dinars, compared to 382.5 million compared to the same period last year, according to figures issued by the Central Bank.

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