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Investors, real estate owners to getresidence permits without sponsors

Investors, real estate owners to getresidence permits without sponsors

QNA
Doha
The Amir His Highness Sheikh Tamim bin Hamad al Thani on Monday issued Decree Law No 23 of 2019, amending some provisions of Law No 21 of 2015 which regulates the entry and exit of expatriates and their residence in the country.
According to the amendment, the Ministry of Interior (MoI) can issue entry permits and grant residence permits for investors as well as owners and beneficiaries of real estates, without the need for a sponsor, for a period of five years which will be renewable. In the case of real estate owners, the residence permit will be automatically renewed for the duration of their ownership or use of the real estate, while for other categories, the duration of renewal will be determined by a decision of the Cabinet.
“The competent authority in the Ministry of Interior may issue entry permits and grant residence permits without sponsor for investors subject to the provisions of the law regulating the investment of non-Qatari capital in economic activity for a period of five years ( which will be renewable), and owners and beneficiaries of real estate in accordance with the provisions of the law regulating the non-Qatari ownership and use of real estate for a period of five years, which shall be automatically renewed for the duration of their ownership or use of real estate, and any other categories determined by a decision of the Cabinet,” QNA reported quoting the amendment law.
The Amir also issued Law No 21 of 2019 on extending the concession granted to Qatar Fuel Company (Woqod) for selling, marketing, transporting and distributing gas and petroleum products.
The law provides for extension of the concession for marketing, selling, transporting and distributing gas and petroleum products with the exception of bitumen to the country’s airports, ports and petrol stations through its distribution, transportation and sales networks granted to Woqod under Law No 4 of 2003 for five years.
Besides, the Amir issued Law No 22 of 2019 amending some provisions of Law No 15 of 2010 on the prohibition of the workers’ accommodation complexes within the areas of family housing.

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