Office for Non-Qatari Real Estate Ownership launched

The Qatari Ministry of Justice and the Ministry of Interior launched an office for Non-Qatari Real Estate Ownership in the Pearl, in order to provide real estate ownership and utilization services through one window for investors.

The office provides all the requirements for the sale and purchase of real estate, residential units and offices in the areas covered by Cabinet Resolution No. 28 of 2020, specifying the areas in which non-Qataris may own and benefit from real estate and the conditions, controls, benefits and procedures for their ownership.

The office enables the beneficiaries to obtain the title deed in less than an hour. It also provides, through an automated system developed by the Ministries of Interior and Justice, the issuance of residency upon completion of ownership or usufruct procedures, in case the property of the owner or the beneficiary is in the category whose value is not less than QR 730.000, equivalent to USD 200.000, 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.

In addition to residency for him and his family, the owner of the property will also receive permanent residency benefits that include health, education and investment in some commercial activities, in case the property value is not less than QR 3.650.000, equivalent to one million US dollars.

During the inauguration of the office, HE Minister of Justice and Acting Minister of State for Cabinet Affairs Dr. Issa bin Saad Al Jafali Al Nuaimi, reviewed the workflow of the office and the procedures in place to provide services in accordance with the quality and efficiency standards set by the competent authorities as part of the preparatory procedures for launching the office.

His Excellency thanked the government and private agencies, especially the Ministry of Interior and the real estate development companies that contributed to providing the required facilities, which aim to support the national development process and establish an integrated legal and technical infrastructure to achieve Qatar National Vision 2030.

The opening of the office witnessed the issuance of the first real estate bond for the first investor to apply for the purpose of real estate ownership.

On this occasion, the Chairman of the Board of Directors of United Development Company (UDC) Turki bin Mohammed Al Khater, said that in light of the opening of the offices of the Ministries of Justice and Interior in Al-Mahara building in Pearl-Qatar, United Development Company is looking for being at the forefront of real estate development companies that receive those wishing to invest and benefit from these benefits of the new ministerial decision.

For his part, the CEO and member of the Board of Directors of UDC, Ibrahim Jassim Al-Othman said: UDC is happy to launch the services of the Ministry of Justice and the Ministry of Interior in Al-Mahara building in Pearl-Qatar, which now provides all support services for the implementation of the new ministerial decision under one roof and within few hours, which contributes to facilitating and supporting real estate investment and is in line with the endeavors of the company to provide quality and integrated services to its customers.

This article was originally published on The Peninsula Qatar website.