According to Qatar’s policy of workforce and fostering economic diversification enhancement, in a strategic move, the Qatar government introduces a new 5-Year residence permit program to attract talented and entrepreneurial individuals.
Qatar tries to become the region’s talent and entrepreneurship hub, allowing eligible applicants to use a five-year residence permit program with renewal options. This strategy is based on bolstering their economic competitiveness and position. Qatar prepared a stable and conducive environment for foreigners to follow possible job opportunities and entrepreneurial investment.
In the upcoming months Qatar Government’s new residence program will start to be accepted. With the qualifications to be eligible, such as high-quality skills, experience, and financial resources (at least $68,671), applicants can use online platforms for the application process, which reflects Qatar’s aim for efficiency and lucidity in its immigration methods.
Eligibility for talent categories candidates need confirmation from a relevant Qatari government authority, financial stability or job offer and have expertise in one of the 13 approved fields from the government. For the entrepreneur category, they should have an endorsed business strategy with a QAR 250,000 ($68,671) minimum investment.
The documentation requirements for the process include a passport, a photo, a personal bank statement and the most recent certification for good conduct. Possible additional documents may be required depending on permit category and location.
The application process starts with an endorsement approval from Qatari authorities and uploading to Mustaqel platform, and applicants with a successful process will receive an electronic pre-approval. Outsiders need to have a visa endorsement (people within Qatar will get more info soon), and the residence permit fee will be between QAR 4,000 and QAR 5,000.
This residence permit program follows Qatar’s National Vision 2030 and shows its commitment to talent attraction and encouraging innovation-driven growth in key aspects of Qatar’s economy.
