Tuesday, 20 October, 2020

Conditions, controls, benefits and procedures for non-Qatari ownership and use of real estate

October 8, 2020

Doha – Agencies
Real Estate in Qatar
In the context of completing the package of measures taken by the State of Qatar to provide a legislative and legal environment conducive to investment, conditions and controls for non-Qatari ownership of real estate in the State of Qatar have been defined, and areas in which non-Qataris may own and benefit from real estate.

The Council of Ministers defined the conditions, controls, benefits, and procedures for ownership and use in this regard as follows:

First: Non-Qatari ownership and use of real estate shall be in the areas specified in the tables attached to the decision, the boundaries of which are indicated in the organizational and cadastral maps, and the areas of usufruct of the real estate sector for a period of 99 years, which are: Msheireb district, Farij Abdul Aziz, New Doha, Al-Ghanim Al-Ateeq, and Al-Riffa and Al-Hitmi Al-Ateeq  , Asata, Fereej Bin Mahmoud 22, Fereej Bin Mahmoud 23, Rawdat Al Khail, Mansoura, Feree Bin Dirham, Najma, Umm Ghuwailina, Al Khalifa, Al Sadd, New Mirqab, Fareej Al Nasr, and Doha International Airport area.  The areas covered by freehold ownership in this decision are the West Bay area (Legtaifiya), the Pearl area, the Al Khor resort, Al Dafna (Administrative District No. 60), Dafna (Administrative District No. 61), Onaizah (Administrative District), Lusail, and Al Kharaij.  And mount fox.
Second: Qataris and non-Qataris may own a detached unit in one of the residential complexes, and they may also own the detached units (offices and shops) in commercial malls throughout the country, provided that no modification or change is made to the nature, shape or outward appearance of the unit.
Third: The decision allowed the owners and users of real estate to have the right to dispose of and lease them.
Fourth: Requests for real estate ownership, usufruct, or dispositions received on them shall be submitted to the Real Estate Registration Department at the Ministry of Justice, and the Department shall undertake the registration procedures in accordance with the provisions stipulated in the law.
Fifth: The procedures for granting residency to real estate owners whose value is not less than 730,000 Qatari riyals, equivalent to $ 200,000, has been facilitated, so that the owner of the property from this category obtains a residence permit for himself and his family without a recruiter for the duration of his ownership of the property.  The Ministry of Interior and the Ministry of Justice have also worked to develop an automated system through which non-Qataris can obtain residency directly upon completion of the property ownership procedures.  The owner of the property whose value is not less than 3,650,000 million Qatari riyals ($ 1,000,000) will receive permanent residency benefits that include health, education, and investment in some commercial activities.
Sixth: According to the decision, it has become possible to own property in commercial malls and units in residential complexes in all regions of the country.  The ministerial decision opens promising prospects for investors to enter into strategic partnerships that will benefit the various groups of society, given the expected investment returns in these areas.
Seventh: This decision allows citizens and investors to benefit from the advantages of the real estate sector in the State of Qatar, which are advantages that make it in the forefront regionally and globally, including:
– Qatar being the first in the world in the ease of registering real estate ownership according to the Ease of Doing Business Index.
Complete the buying and selling process in less than one business day and obtain the title deed and engineering plan at the same time.
Reducing the steps of the ownership transfer transaction to one step.
– The lowest real estate registration fee in the region, 0.25% (2500 riyals per million).
– We ranked 13th globally in obtaining building permits according to the ease of doing business index.
– 87.5 days: The average time to complete the building permit and inspection procedures after construction is completed.
– 0.01%: the percentage of licensing costs from the cost of building construction.
Simplification of transactions: a 100% electronic system was adopted, starting from submitting the application and ending with obtaining building permits, and only 13 procedures for the termination of licenses.
– New and high-quality state infrastructure.
Ease of moving between real estate projects and new cities and connecting them to a fast and smart transportation network.
Security and economic stability.
Laws that attract investment.
Cheaper water and electricity costs in the region

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