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Video: A country in which citizens do not pay taxes and interest on a loan
2024 Author: Seth Attwood | [email protected]. Last modified: 2023-12-16 15:55
A state in which oil is practically everywhere can afford to make the life of its citizens secure and as comfortable as possible. The indigenous people here are not only given bank loans without interest, are not taxed, but also provided with other benefits.
Those who were born in this country will receive lifelong support and help from it and may not worry about their future.
Kuwait is one of the richest countries in the world. The state is quite small - 18,000 square kilometers. That is, Kuwait is only seven times larger than Moscow in area. It is located in the southwestern part of Asia.
This has not always been the case. Some thirty years ago, the state was occupied by Iraq, but today it is absolutely independent and has a very high standard of living. Its currency is the most expensive of all existing in the world - one dinar is equivalent to 243 rubles. As for gasoline, it will not be possible to find a cheaper one anywhere - on average, one liter last year cost 0.3 US dollars.
1. Privileges for indigenous people
The opportunities for all the indigenous people are truly enormous. If a person wants to study and will give results, the state will pay for his studies at a university in absolutely any country. Also, the student will be paid for the flight and given a $ 2,000 scholarship.
Kuwaitis can also take out loans without interest. The fact is that Muslim traditions prohibit taking any reward from a person for providing a loan.
When repaying a loan, citizens can be provided with a number of concessions. A striking example was the situation in 2007, when the Kuwaitis were written off loans in an amount exceeding one billion US dollars. The situation with newcomers is somewhat different. Nobody will write off loans to them and will not give them absolutely without interest, but all the same, the conditions are quite good - the annual interest rate is from three to five percent.
In 2012, the Kuwaiti government decided to help the population with food throughout the year. As a result, Kuwaitis could get the most necessary food products completely free of charge, and some of them received additional subsidies for the purchase of this product.
2. Medicine, child benefits, communal services
Everything related to medicine, treatment of people, the state completely takes over. If they cannot cure a person in their own country, then the state pays for his treatment anywhere in the world. The expenses for the maintenance of relatives who will accompany the patient for treatment are also paid.
Child allowance is paid here until the age of 26 (strange enough for us and normal for Kuwaitis). Two hundred dollars are paid per child every month. An adult is also entitled to them if he is studying at a higher educational institution and he is not yet 26 years old.
Kuwait also does not pay utility bills, property and income taxes. The smallest pension is three thousand dollars. Basically, the entire indigenous population works for foreign companies based in Kuwait.
There is a law here that a company will be able to open a branch in the country only if a resident of Kuwait becomes a partner and Kuwaitis will be hired (a certain number of them). People's wages should not be less than the established amount.
Jewelry stores are a striking example of the population's wealth, where there are no items worth less than $ 10,000 and they are all massive and sophisticated. In general, up to 4,000,000 people live in Kuwait, but only 1,000,000 are indigenous people. It is they who have all the listed privileges.
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