Doha: Prime Minister H E Sheikh Abdullah bin Nasser bin Khalifa Al-Thani chaired the Cabinet regular meeting held at its seat at the Amiri Diwan on Wednesday morning.

The Cabinet approved a draft resolution of the Council of Ministers determining the areas and places in which non-Qataris are allowed to own and use real estate.

The resolution comes in implementation of Law No. (16) of 2018 on the regulation of non-Qatari ownership and use of real estate. The Cabinet approved the following:

1- Allow the ownership of real estate for non-Qatari individuals and non-Qatari commercial companies and real estate investment funds.
2- Determine the number of 10 areas in which non-Qataris own real estate.
3- Determine the number of 16 areas for non-Qatari use of real estate for 99 years.
4- Allow non-Qatari ownership of residential villas within residential complexes.
5- Allow non-Qatari ownership of shops within commercial complexes.
6- Grant residence to non-Qatari owners of real estate whether for the purpose of housing or investment throughout the period of ownership of real estate.

A press conference will be held next week to explain the details in this regard.

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Credit: The Peninsula Qatar / QNA

Date – Time: 13 Mar 2019 – 14:05

Source URL:https://www.thepeninsulaqatar.com/article/13/03/2019/Cabinet-approves-draft-resolution-on-determining-areas-for-non-Qatari-property-ownership