I am aXpat British and would like to buy a one or two bedroom flat near to passport square.
A friend told me, nobody is allow to buy a flat even if I am British and live there.
Is he right?
Please advice me in this respect.
Thanks
If you already have a work visa you won’t get another RP. My uncle in US owns a property in the Pearl and he got a RP here, but he cannot work with that RP. You wont get it automatically you need to summit all related documents and apply for it. Real estate agents help you through the process.
I am Egyptian and I bought a 2 bedroom apartment but in the Pearl Qatar. I have got the loan from the bank and it wa smy very good choice to do so as prices started to raise again for rents and for purchaes. Although I felt at the begning that it was risky but now I am coformtable as I am paying the monthly instalment which is less than the rental offcourse for similar size and quality flat.
To answer your question, yes there areas where you can buy apartments and it can give a 99 years RP, regardless of your nationality.
Secondly, I advise anyone who has the downpayment, to go for purchase not rental specially if he is looking for quality life..
Non-Qataris may invest and own land, buildings and constructions in three designated projects:
Pearl – Qatar
West Bay Lagoon
Al Khor Resort Project
Non-Qataris may also acquire rights over:
Real estate leased for a term of 99 years, renewable on similar terms.
“Residential Units” for a term not exceeding 99 years, and in general a right to convey property belonging to another person for its own profit, utility or advantage.
The law further enhances the desirability of investing in Qatari property by allowing non-Qatari owners to apply for visas and residency for themselves and their families without any local sponsorship.
You can buy property here. Even in Muntaza area, some time back, Al Asmakh was selling flats.
Anyways, you might own the property but you will not get any residence permit against that property. this means, if/when you job is finished from here, you will not able to enter in the country based on your property here.
I hope your passport is entitled for on arrival visit visa but things can go bad any time. As Canada's case!
Sir.fin….unfortunately its sad you live this country for so long and you don’t know the facts about this place.
Expats CAN buy property is designated areas i.e not only in The Pearl. It’s true the cost of an apartment in the Pearl is more than 1M. But you don’t necessarily be a millionaire to own one; banks do give mortgage if you are having a long term contract with very high Salary.
bluepantherback..... there is no such thing. no means no unless you are millionaire then money talks. I am a native expat (yanni born and raised here) so I am ( an all my family and their family and their family) are more Qatari then most Qatari's.
Otherwise Expats can not own anything. My family and I have been here all our lives, in fact my grandfather has been here as long as the country was first discovered. Not allowed to be citizen even if born and raised here.
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If you already have a work visa you won’t get another RP. My uncle in US owns a property in the Pearl and he got a RP here, but he cannot work with that RP. You wont get it automatically you need to summit all related documents and apply for it. Real estate agents help you through the process.
Hello Kombizz and everyone,
I am Egyptian and I bought a 2 bedroom apartment but in the Pearl Qatar. I have got the loan from the bank and it wa smy very good choice to do so as prices started to raise again for rents and for purchaes. Although I felt at the begning that it was risky but now I am coformtable as I am paying the monthly instalment which is less than the rental offcourse for similar size and quality flat.
To answer your question, yes there areas where you can buy apartments and it can give a 99 years RP, regardless of your nationality.
Secondly, I advise anyone who has the downpayment, to go for purchase not rental specially if he is looking for quality life..
You can contact me for further advice
Shoot... The link looks so bad :-S
Non-Qataris may invest and own land, buildings and constructions in three designated projects:
Pearl – Qatar
West Bay Lagoon
Al Khor Resort Project
Non-Qataris may also acquire rights over:
Real estate leased for a term of 99 years, renewable on similar terms.
“Residential Units” for a term not exceeding 99 years, and in general a right to convey property belonging to another person for its own profit, utility or advantage.
The law further enhances the desirability of investing in Qatari property by allowing non-Qatari owners to apply for visas and residency for themselves and their families without any local sponsorship.
Source: Hukoomi
Any first hand experience here? RP based on Property?
Agree with Pixiequeen.. A friend of mine has property in The Pearl.. I think a studio apartment
@ PQ: This information is not correct, as far as my information is concerned.
The Real Estate agents will give you a paper then you are at your own to get the RP from MOI.
I have not seen any law that allows expats to get the RP based on their property.
This initiative was taken by Dubai and ended as well in 2008.
If you buy a property you will get a Residence Permit to live here but you cannot work with that Visa.
I think you can buy in Lusail or Pearl. Its better you check with them once.
You can buy property here. Even in Muntaza area, some time back, Al Asmakh was selling flats.
Anyways, you might own the property but you will not get any residence permit against that property. this means, if/when you job is finished from here, you will not able to enter in the country based on your property here.
I hope your passport is entitled for on arrival visit visa but things can go bad any time. As Canada's case!
All the best.
properties in 18 differen zone/area of Qatar.
let me diga old thread about this whole issue discussed earlier.
apart from pearl/zig zag, expat can purchase property within West Bay (now Qatfiya) Lagoon
Only can buy on the Pearl and Zig Zag Tower!
what is a yanni?
Sir.fin….unfortunately its sad you live this country for so long and you don’t know the facts about this place.
Expats CAN buy property is designated areas i.e not only in The Pearl. It’s true the cost of an apartment in the Pearl is more than 1M. But you don’t necessarily be a millionaire to own one; banks do give mortgage if you are having a long term contract with very high Salary.
I think there was talk that expats could purchase at the Pearl and then would get a long term RP. I'm not sure anything ever came of that tho.
Zouheir....
lol you da man that is only apply to you. !!!
Cha Ching
bluepantherback..... there is no such thing. no means no unless you are millionaire then money talks. I am a native expat (yanni born and raised here) so I am ( an all my family and their family and their family) are more Qatari then most Qatari's.
:S
Sir. Fin. Waves, I heard that expats could buy property and get RP for 99 years. not sure if its true but thats what I heard.
u cannot buy a property,u can just lease one
....purchase freehold property only in designated areas. As an expat, it doesn't make a difference whether you are from the Queen's land or otherwise.
Only if you are Qatari or very wealthy.
Otherwise Expats can not own anything. My family and I have been here all our lives, in fact my grandfather has been here as long as the country was first discovered. Not allowed to be citizen even if born and raised here.
Sad Truth. Qatarization