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News Details

The Cabinet Nod Draft Resolution Determining Areas Where Non-Qataris can Own Real Estate

  • Audience : Individuals
  • Source : Al Raya Newspaper, Gulf Times
  • Topic : Religion and Community, Housing, Business and Finance
  • Date : March 14, 2019

The Cabinet, at its weekly meeting chaired by Prime Minister HH Sheikh Abdullah bin Nasser bin Khalifa Al Thani at Amiri Diwan, yesterday, approved a draft resolution of the Council of Ministers that determined the areas where non-Qataris are allowed to own and use real estate.

The resolution paves the way for implementation of Law No. 16 of 2018 on the regulation of non-Qatari ownership and use of real estate. The Cabinet gave approvals pertaining to the following:

  -  Allow the ownership of real estate for non-Qatari individuals and non-Qatari Commercial Companies and real estate investment funds.
  -  Determine 10 areas where non-Qataris can own real estate.
  -  Determine 16 areas for the use of real estate by non-Qataris for 99 years.
  -  Allow non-Qatari ownership of residential villas within residential complexes.
  -  Allow non-Qatari ownership of shops within commercial complexes.
  -  Grant residence to non-Qatari owners of real estate whether for the purpose of housing or investment throughout the period of ownership of real estate.

A press conference will be held next week to explain the details in this regard.

Click on the news’ source link to read the full story.