News > Qatar Puts Up "For Sale" Sign With New Property Visas
Qatar Puts Up "For Sale" Sign With New Property Visas
11/11/2020 11:04 AM | Click to read full article
Well-heeled individuals are being invited to consider the glistening seaside tower blocks of Doha's man-made Pearl island or the brand new Lusail city project that flanks a World Cup stadium. Retail units in malls also qualify buyers for residency.
Previously, investors needed sponsorship from a Qatari business or individual for residency, but now a $200,000 property purchase secures temporary residency for the term of ownership. A $1 million purchase buys the benefits of permanent residency.