The State of Qatar is a wealthiest nation in the world, lies at the strategic position, halfway between Europe and Asia with excellent flight connections to all corners of the globe. More than 2 million expats live in Qatar who comprise of 88% of the population.
- Wealthiest and Fastest growing countries in the Middle East region
- Backed by world’s third-largest natural gas reserves and oil reserves
- High standard of living, with excellent facilities, modern infrastructure, and a mix of local and cosmopolitan culture.
- Hub for regional and global networks and meetings in international diplomacy, energy, finance and economics, media and sports.
- There are two routes for securing permanent resident status in Qatar. One is through investment and the other is long term residence.
- Significant demand for hospitality, residential, commercial and retail projects.
- Most advanced Arab state for human development.
- Tax free country, No Taxes income and 10% on business income
Expats are eligible to apply for a permanent residency (golden visa) in Qatar by purchasing $200,000 worth of real estate property in the country, as per Law No 16 of 2018 on the regulation of non-Qatari ownership and use of real estate. Free hold ownership for non-qatar nationals permitted in certain areas
The Law No. 10 of 2018 on Permanent Residence stipulates the establishment of a committee in the Ministry of the Interior called the “Permanent Residence Card Granting Committee”, whose task is to carry out all the procedures related to the granting of the card. The committee will be formed by a decision of the Council of Ministers to form the committee, who will nominate its members and determine the duration of their membership and its working system.
The Law No. 10 of the year 2018 issued by HH the Emir Sheikh Tamim bin Hamad Al-Thani on 4 Sept. 2018 allows a non-Qatari to obtain permanent residence in the State of Qatar if he/she meets certain conditions in accordance with the provisions of this law. These changes were implemented as a part of Vision 2030, which aims to create a sustainable and modern Qatar in the next 10 years.
- The applicant should complete 20 years in Qatar on a legal residence permit if he/she is born abroad and 10 years if born in Qatar.
- Enough income to cover expenditures of him and his family.
- Good behaviour and reputation and should not have been convicted of a final verdict on any dishonorable offence inside Qatar or abroad.
- Knowledge of the Arabic language.
- Limited quota of 100 permits per year
Permanent residents have right to healthcare, invest in commercial activities of the nation’s various economic sectors without a Qatari partner and the settlement rights passed to family members even after death of the investor.