Kuwait is a small, safe, and rich country, strategically located at the northwest corner of the Persian Gulf. Kuwait’s economy is almost completely based on oil production and earnings from oil revenues invested overseas. Kuwait is now a highly affluent country, allowing the government to offer multiple benefits to its residents.
Kuwait is a country in Western Asia that had a population of 4.27 million people in 2020. The Kuwaiti dinar is the world’s most valuable currency, with the world’s sixth-largest oil reserves. This constitutional emirate, unsurprisingly, has a high-income economy and no individual income tax. Your export firm may benefit from ocean freight to Kuwait.