Are you a foreigner and willing to invest or reside in Qatar? You as a property buyer can avail a residency permit if you buy a property in the Pearl which is iconed as the most luxurious residential and commercial area in the Middle East. It is a great chance for foreigners to invest because the population of expats is hitting the milestone which can result in high property demand according to Qatari Labor Law. The expats can buy properties available in the pearl such as Villas, townhouses, Penthouses and luxury apartments. The Pearl development can play a key role in helping foreigners to buy a property in Qatar in order to invest or move there due to career developments or societal change.
To buy a property in Qatar due to investments reasons sounds a good decision. Since Qatar is a tax free country, there is no tax on property nor rental income.
Qatari Real Estate Market
So, if you are willing to buy a property in Qatar or invest in a property, you must have a good insight of the real estate market in Qatar.
The Qatari real estate market has been seeing further growth for the past few years due to various factors such as government support and legislative changes. Since the country is developing, there are many ongoing projects in the country such as Lusail City, Musheireb city and Qatar’s national 2030 vision along with the upcoming 2022 Fifa World Cup Stadiums which is quite attractive for foreigners.The real estate industry of Qatar is predicted to be growing at a much faster rate due to its strategically planned ongoing and sustainable projects. So, if you’re planning to rent, buy or to make large-scale investments, contact MAHA REAL ESTATE to get the best and luxury real estate consultation services right away.