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Pakistan opens citizenship for foreign investors

Info minister says this is 'in line with new National Security Policy'

09:12 PM | 14 Jan, 2022
Pakistan opens citizenship for foreign investors

ISLAMABAD – Pakistan has decided to allow permanent residency scheme for foreign nationals investing in the country, a move apparently aimed at mitigating the financial woes.

Minister for Information and Broadcasting Fawad Chaudhry announced the development on Twitter, saying it is in line with new National Security Policy.

“In line with new Nat Security policy through which Pak declared GeoEconomics as core of its Nat security doctrine, Government has decided to allow Permanent residency scheme for foreign nationals, new policy allows foreigners to get permanent resident status in lieu of investment,” he wrote.

Earlier in the day, Prime Minister Imran Khan Friday launched the public version of the country's first-ever National Security Policy 2022-2026, saying the nation is now headed in the right direction.

The main themes of the National Security Policy are national cohesion, securing an economic future, defence and territorial integrity, internal security, foreign policy in a changing world and human security.

Daily Pakistan Global Web Desk

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Currency Rates in Pakistan Today - Pakistani rupee to Dollar, Euro, Pound, Dirham, and Riyal - 7 May 2024

Pakistani rupee rates against US Dollar and other currencies on May 7, 2024 Tuesday in open market.

USD to PKR rate today

US dollar was being quoted at 277.4 for buying and 280.4 for selling.

Euro stands at 295.7 for buying and 298.65 for selling while British Pound rate is 345 for buying, and 348.5 for selling.

UAE Dirham AED was at 75.05 and Saudi Riyal's comes down to 73.25.

Today’s currency exchange rates in Pakistan - 7 May 2024

Source: Forex Association of Pakistan. (last update 08:00 AM)
Currency Symbol Buying Selling
US Dollar USD 277.4 280.4
Euro EUR 295.7 298.65
UK Pound Sterling GBP 345 348.5
U.A.E Dirham AED 75.05 75.8
Saudi Riyal SAR 73.25 74
Australian Dollar AUD 180 182
Bahrain Dinar BHD 739.99 747.99
Canadian Dollar CAD 203 205
China Yuan CNY 38.43 38.83
Danish Krone DKK 40.16 40.56
Hong Kong Dollar HKD 35.61 35.96
Indian Rupee INR 3.34 3.45
Japanese Yen JPY 1.91 1.99
Kuwaiti Dinar KWD 905.3 914.3
Malaysian Ringgit MYR 58.71 59.31
New Zealand Dollar NZD 167.23 169.23
Norwegians Krone NOK 25.57 25.87
Omani Riyal OMR 722.7 730.7
Qatari Riyal QAR 76.44 77.14
Singapore Dollar SGD 204.65 206.65
Swedish Korona SEK 25.79 26.09
Swiss Franc CHF 307.34 309.84
Thai Bhat THB 7.56 7.71

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