Qatar woos foreign talent with 5-year residency permit

  • Date: 27-Mar-2024
  • Source: AGBI
  • Sector:Oil & Gas
  • Country:Qatar
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Qatar woos foreign talent with 5-year residency permit

Qatar has launched a residency permit aimed at attracting talented individuals and entrepreneurs.  The permit programme, which is expected to open in the next few months, offers five-year renewable residencies to people with expertise in specific fields including the arts and scientific research. Applicants must either have a job offer in Qatar or demonstrate financial […]

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Qatar has launched a residency permit aimed at attracting talented individuals and entrepreneurs. 

The permit programme, which is expected to open in the next few months, offers five-year renewable residencies to people with expertise in specific fields including the arts and scientific research.

Applicants must either have a job offer in Qatar or demonstrate financial self-sufficiency.

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Entrepreneurs are required to present a business plan approved by a Qatari incubator, reflecting a minimum investment of $68,000.

The Qatar residency permit mirrors efforts across the Gulf to attract global talent and secure an economic future beyond oil and gas.

It joins an intense competition – the UAE and Saudi Arabia have already relaxed visa policies with the same aim.

Traditionally, Gulf countries offered employment-based visas with limited duration, a practice that has