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.

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