Qatar’s Law & Investors Confidence

Qatar’s economy is luring the investors to buy property in different segments, let’s say if the service sector is producing more jobs; it means investors will have to buy more corporate offices to facilitate growing numbers of employees.
Occupants, buyers, and companies are the key players in Qatar’s real estate market. On one side the developers are actively participating by producing more buildings and lettable spaces whereas the investors are generating incoming by possessing those buildings and lettable spaces.
Qatar’s real estate regulatory authority making it easier for international buyers by making new reforms related to the Qatar’s real estate industry. Investors are acknowledging their efforts and are willing to invest more in the real estate sector. FDI (Foreign direct investment) has been encouraged by allowing real estate investors to get property ownership in both residential and commercial segments.
On December 8th, 2020, Qetaifan Island plots were overbooked while auctioning the bids for plots and this has increased the foreign investors’ confidence. It means that buyers are showing more interest and consent to get involved in the real estate sector of Qatar.
 Since the public-private partnership law no.12 was issued, the real estate market has grown further as this law enables them to merge with the public to the private sector. This law has increased the participation of the private sector in gigantic projects of Schools, Education, and Food security.
With the enforcement of the new law, foreign investors may have full ownership in real estate and many sectors in newly designated cities.

Qatar market is growing

The country reserved 1^st rank in the category of facilitated diffusion property registration, 3rd   globally in terms of supporting taxation regime, according to a report of World Bank2020 Doing Business Report. As a result, floods of foreign ownership investment coming into the country every year, accelerating economic growth.
 So today's, market is a heaven for buyers. Qatar hosting FIFA World Cup 2022 would be the opening hike to the market. The country is anticipating more than 1.5 million visitors to enter the country. It is expected that around 8,200 more units are build in the country which will open a new horizon of opportunities for home buyers. The major portion of construction will be done in Lusial, The West Bay, and The Pearl.
The Qatari government has introduced a brokerage law that will enhance the real estate sector in which the Qatari real estate agencies should train their brokers and attain a license for them. The government is making sure that every process is transparent and all licensed brokers are taking care of the buyer’s behavior.

Safe Investment

Being an investor to buy property in Qatar, you must consider the general and specific variables along with the location environment. Your property will give you a good return on investment if these rules are observed properly. The developers are actively seeking an investor who could buy their ready possess properties.
It’s not about buying or renting properties in Qatar but it’s all about making the right decision at the right time. Being an investor you must monitor the real estate market gradually and in collaboration with the developer, you must introduce an enhanced lifestyle and improved amenities.
Above are the extraordinary growth factors which will back your investment secured as Qatar offers a largely tax-free business and tourism destination.