This information just for new camer who is recently came to Kuwait. As we knew, if you are expatriat even you have higher salary or high position but you cant buy any property in Kuwait except if you married with nationality Kuwaity.If you bring your family you can rent house only eventhough many years you stayed there.
But you can still refinance your house in your country, the money you can loan from any bank in Kuwait like BKME, NBK bank, Al ahli Bank Kuwait etc.When you aply the form they will ask you for what that loan, you can answer correctly,no need to tell lie.
There is many reason why we need to refinance home loans. One of the most common reasons is the much lower interest rates. Another reasonare to pay off exorbitant credits card, for home improvement purpose and the last one rebuilding of bad credit score.Thats all is point to consider before you have done.
Wednesday, October 20, 2010
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