This initiative is part of the nation’s strategy to broaden its economic base and establish itself as a premier destination for investors.
Doha: Qatar’s government has unveiled a new residence permit scheme aimed at skilled professionals and business innovators, granting them the privilege to live and work in Qatar for an initial period of five years, with the option for extension.
This innovative residence permit provides international talents with a pathway to long-term residency and investment in Qatar, emphasizing the nation’s ongoing commitment to attracting and nurturing skilled professionals and entrepreneurs. These individuals are seen as pivotal in driving economic expansion and fostering innovation within the country.
Applications for this residence permit program are slated to open in the coming months.
Eligibility Requirements
For the Talent Category: Candidates must secure an endorsement from a recognized Qatari government body, identifying them as talented individuals within one of 13 specified sectors, including the arts, sports, education, scientific research, and innovation. Additionally, applicants must either possess a job offer or an employment agreement with a Qatari employer, or demonstrate financial self-sufficiency with a minimum of QAR 36,500 (around USD 10,027) to cover their initial stay in Qatar during the immigration process.
For the Entrepreneur Category: Aspiring entrepreneurs must present a viable business proposal approved by a certified business incubator in Qatar, such as the Qatar Science & Technology Park or Qatar Fintech Hub. The proposed investment must be at least QAR 250,000 (approximately USD 68,671).
This new initiative is in line with Qatar’s strategic vision to diversify its economy and craft an investor-friendly ecosystem. It positions Qatar as an attractive hub for foreign investments and a nurturing ground for skilled talent.
