Qatar77

Qatar77

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 Perhaps the most important characteristic of Qatar and make it a centre of Real Estate Investment in the region is the availability

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انثى عدد الرسائل : 910
تاريخ التسجيل : 12/04/2008

مُساهمةموضوع: Perhaps the most important characteristic of Qatar and make it a centre of Real Estate Investment in the region is the availability   21/6/2008, 10:49

Perhaps the most important characteristic of Qatar and make it a centre of Real Estate Investment in the region is the availability of a unique investment environment, in addition to the support provided by the government and the pillars of daunting economic and market safer, has a similar step by the Qatari government for its Dubai, where it allowed foreign investors to own land freely, but have been identified Act Ownership of real estate by foreign investors in only 3 projects are: the draft Lake and the western Gulf resort island of Khor and the pearl of the Gulf and for a period of 99 years could be extended for a similar period, knowing that prohibits foreign investment in banks and insurance companies as well as in the areas of commercial agencies and buying real estate in other areas.
The Doha Bank loan residential service which reaches about 90% of the purchase price of the property, repaid over periods of up to 15 years and an interest rate of less than 9%, and deserves every loan from right to own property in Qatar.
Qatari government also abolished customs duties on most items that fall within the components of construction such as cement, gravel and reinforcing iron.
The law authorizing foreign investment in Qatar for foreign investors to invest in all sectors of national economy condition: to have a partner country or at least their more than 51% of the capital, although the company was founded in correctly, in accordance with the provisions of the law of commercial companies.
And may be a decision of the minister to allow foreign investors to go beyond their proportion of 49% and even 100% of the capital for the project, provided that they conform with the development plan in the state.
The investment incentives are:
-- Freedom of entry and exit of capital to and from the country.
-- The free transfer of profits and assets when the investor wants to do so.
-- Freedom of conversion of foreign currency and exchange rate stability ago.
-- To foreign investors that the imports are legitimate investment is needed in the establishment or operation of the project or expansion.
-- Exempting foreign capital investors from income tax for a period not exceeding ten years from the date of operation of the project investment.
-- Duty-free treatment for imports from the project machinery and equipment required for its establishment.
-- Duty-free treatment for the project on industrial imports of raw materials and semi-processed for production, which is not available in local markets.
-- Preparing economic feasibility studies and technical and artistic advice to the private sector wants the investment
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Perhaps the most important characteristic of Qatar and make it a centre of Real Estate Investment in the region is the availability
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