Investing In The Qatar Real Estate

Qatar's real estate market is beginning to catch the eye of many foreign investors across the globe. Famously known for hosting the World Cup 2022, and as a rich tax free haven, it promises strong rental returns, and potential for exponential growth in the real estate market as well as the overall economy.In accordance with Cabinet Resolution No. 28 2022 several offices were recently opened in Qatar solely responsible for providing real estate residency permits to foreign investors, who purchase property in one of the 25 freehold suburbs across Doha. This has provided a great opportunity for foreigners worldwide to become an investor and benefit from great rental returns in luxury developments such as The Pearl-Island and Lusail City.The recent law has been welcomed by both locals, and expats as it ensures continued growth in the real estate market. It has also provided benefits for both local employees and foreign investors looking for stability and security, and new opportunities for local business to flourish in the market.The residency permit you will be granted after purchasing a property allows you to claim residency for yourself, and some members of your family. The residency permit will also give you the freedom to travel whenever needed without having your residency affected.