Considering the country I grew up in, I have decided to look up real-estate properties in Qatar, a middle-eastern country with the highest per-capita income and one of the most developed countries today.
I plan to invest in retail and residential properties that have seen a significant boom over the recent years. Qatar has shown at least fifteen years of economic growth and rents have tripled over the past 6 years especially in the capital Doha. Another interesting fact is that there is no personal income tax, VAT, capital gains tax, or wealth tax.
Since 2006, infrastructure in Qatar has taken a hike due to Asian Games that fostered an economic development. Ever since Qatar has been bidding on major projects with a potential to host FIFA 2022. As a result, most of the city hotspots like Messaied, Doha, Al Khor, Ras Laffan, etc., have seen tremendous growth in residential and retail opportunities. Rental rates in Qatar have increased eight percent with the highest price being around $6000 for a four bedroom apartment.
Foreign investors can own residential properties for 99 years according to the law in Qatar. If everything fails, I will rent an apartment for just $1000 in some of the coolest locations.
Here is a link to check out a few properties that we can rent:
http://www.qatarpropertyplanet.com/search_properties.cfm?page=2&search=true&submit=Search&search_home_type=1&search_home_town=1&search_home_area=null&search_rent_sale=rent&price_min=1000&price_max=7000&bedrooms=2&bathrooms=2&furnished=null&order_by=no_sort&search_agent=null&language=uk
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