The Ministry of Justice and the Ministry of Interior on Thursday launched an office for Non-Qatari Real Estate Ownership at The Pearl-Qatar, to provide single-window real estate ownership and utilisation services for investors.
The office provides all the requirements for the sale and purchase of real estate, residential units and offices in 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 QR730,000 ($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, if the property value is not less than QR3650,000 ($1mn).
During the inauguration of the office, HE the 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 authorities.
Al-Nuaimi thanked the government and private agencies, especially the Ministry of Interior and the real estate development companies that contributed to providing the 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 coincided with the issuance of the first real estate bond for the first investor to apply for the purpose of real estate ownership.
Chairman of the Board of Directors of United Development Company (UDC) Turki bin Mohamed al-Khater, said that in light of the opening of the offices of the Ministries of Justice and Interior in Al-Mahara building at The Pearl-Qatar, UDC will be at the forefront of real estate development companies that receive those wishing to invest and benefit from the benefits of the new ministerial decision.
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 at The Pearl-Qatar, which now provides all support services for the implementation of the new ministerial decision under one roof and within a few hours, which contributes to facilitating and supporting real estate investment and is in line with the endeavours of the company to provide quality and integrated services to its customers.