Jordan’s CIP Has Approved Over 500 Investors as of December 2024

Jordan's Citizenship by Investment Program Grants 531 Passports.

By the end of 2024, Jordan had granted citizenship to 531 foreign investors through its "Citizenship by Investment Program (CIP)", according to the *Jordan Times*. This marks the first public update since 2020. Between "2021 and 2024", Jordan approved "325 new investors", averaging "81 per year". The "Ministry of Investment" oversees applications, with a "Technical Committee"reviewing submissions before final approval by the Cabinet.

Investment Options & Requirements

- $1M in "treasury bonds" (held for 6 years)

- $1.5M in "Jordanian company shares" (held for 3 years)

- $750K investment in "projects outside Amman" (must create 10 local jobs)

- $1M investment in "Amman-based projects" (must create 20 local jobs)

Program Evolution & Investor Preferences

Initially launched in 2018 , the program saw **investment thresholds reduced in 2020, dropping the entry point to $750K. Despite this average investments per applicant remain at $6.9M. Industry experts highlight that 97% of investors favor "business creation or expansion", showing a preference for "direct capital control" over passive investments.

While the program fosters "economic growth and job creation", experts suggest "enhancing its competitiveness" by linking "bonds to development projects, introducing tiered incentives, or launching targeted investment funds".nds.