AMMAN —
The
Cabinet has decided to amend previous stipulations regarding the issuance
of standard Jordanian passports (passports that do not include a national
number) to encourage investment, in line with amendments already made to the
process of obtaining Jordanian citizenship through investment, according to
Al-Mamlaka TV.
اضافة اعلان
The amendments
stipulate that the real investment volume of each investor, including facility,
equipment, the value of the land on which the investment is based, and the
actual value of a single production cycle, should be valued at no less than
JD400,000 within
Amman and its development areas, and JD200,000 within other
governorates and development areas.
The amendments
also stipulate that the number of Jordanian workers registered with the social
security at a facility should be no less than 20 per investment partner within
Amman and its development areas, and 10 within the other governorates and
development areas.
According to the
amendments, investments must made be made within sectors that add value to the
Jordanian economy and boost development projects, including in the industrial,
tourism, educational, health, and agricultural sectors.
Investment may also
be made in the commercial and services sectors, for example in car dealerships,
showrooms, restaurants, warehouses, drug stores, pharmaceutical materials and
supplies, navigation and marine transport, and housing companies.
The amendments also
stipulated that each investor should register 75 Jordanian employees with the
Social Security Corporation in Amman, Irbid, and
Zarqa governorates and their
development areas, and 50 Jordanian employees in other governorates and
development areas.
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