Why Invest?

Qatar is the latest Middle Eastern country to develop an exciting real estate market, which offers overseas property investors to get the chance to own the most iconic and luxurious properties worldwide. Qatar represents an incredible opportunity to the global real estate investors seeking high-end properties offering large yield. Qatar is the next centre for massive potential growth as the majority of international real estate investors are focused on the Middle Eastern property market.

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Market Report

We forecast that Qatar is the hottest buzz word in up-and-coming property markets and savoir-faire investors are looking up to the region to offer more of incredible opportunities. Investment property market in Qatar has strengthened, resulting in the property market boom.

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Economic Overview

Petroleum is the cornerstone of Qatar's economy and accounts for more than 70% of total government revenue, more than 60% of gross domestic product, and roughly 85% of export earnings. Proved oil reserves of 15 billion barrels (588,000,000 m³) should ensure continued output at current levels for 23 years.

Visa/Residency Issues

Applications for visas are normally issued through the Qatari Embassy or Consulate in the Home country. They must be based on a formal offer of employment or upon an invitation. A residence visa valid for up to 3 years is granted to persons holding employment contracts to work in Qatar. Upon arrival in Qatar, expatriates are required to go through an intensive immigration process in order to obtain residence permits.

Getting to Qatar

Doha International Airport is the base of all flights to Qatar. The only airport in the country, the Doha airport hosts a huge number of flights on a daily basis. Flights to Qatar connect the emirate with the best of world cities

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Fees & Taxes

• The structure of income tax applied in Qatar is corporate income tax. There is no tax for the local people of Qatar, only foreign companies are taxed. Income tax is charged on any foreign business entity carrying out an activity in Qatar. There is 10% tax if you are earning upto 100,000 (US$27,450) and 15% tax rate upto 500,001 1,000,000 (US$274,503). 20% implements on the amount of 1,000,001 - 1,500,000 (US$411,754), 25% on the income of 1,500,001 - 2,500,000 (US$686,257), 30% on the income of 2,500,001 - 5,000,000 (US$1,372,514) and 35% over the income of 5,000,000 (US$1,372,514+).

• No value added or sales taxes are imposed in Qatar.

• There is no capital gains tax in Qatar.

• No withholding taxes exist in Qatar.

Qatar

 Basic Information

Qatar Overview

Qatar has moved on from being a poor pearl fishing country to become one of the richest Gulf states, thanks to the exploitation of oil and gas fields since the 1940s. The majority of the country consists of sand dunes and salt flats. The city of Doha combines a rich mixture of traditional Arabic and modern architecture. The Grand Mosque with its many domes and the Abu Bakir al-Siddiq Mosque are particularly interesting. The north contains most of the historic sites, including Umm Salal Mohammed, a relatively large village dominated by the ruins of a 19th-century fort.

Average Property Prices

Coming soon. 

Buying Process

• An investor selects a unit from a range of villas, apartments and commercial properties, they add on any extras they require, they are given the price they have to pay, sign a contract, pay deposit and make stage payments throughout the build process.
• Off plan properties are being sold through the agents but most are bought directly from the developers.
• Those who wish to resell close to completion are forced to resell through the developer, as they effectively still own the title to the property until it is completed.
• Those who buy freehold property in Qatar in any development are granted automatic residential rights for their entire family, which remain valid until the property is resold. As is the case with freehold property an owner has the right to resell real estate or to will his property to his heirs.
• Those who are interested in property for sale in Qatar, they prefer an agent or developer for any changes to the above process for foreigners in Qatar; furthermore they should instruct a lawyer to advise them on the rights of overseas property owners in Qatar.