According to CN Traveler; Qatar has announced the launch of a new program to gra 10-year residence visas to erepreneurs and senior executives; According to the authorities of this coury, this action is carried out with the aim of attracting iernational tales and strengthening Doha’s position as one of the economic and innovation hubs in the region.
This plan, iroduced as “golden visa”, was announced during the Qatar Web Summit and allows qualified applicas to stay in the coury for a decade without the need for short-term extensions.
According to official sources, this program targets two main groups: erepreneurs who iend to start or develop a business in Qatar and senior executive managers with a history of professional activity at the iernational level. According to the published details, erepreneurs to benefit from this visa must be approved by institutions related to the innovation and business ecosystem in Qatar and demonstrate the financial strength and economic sustainability of their plan. Senior managers are also required to have significa manageme experience and, in most cases, valid work coracts with companies operating in Qatar.
This visa can be extended and can provide a long-term and more stable residence path for foreign professionals. The announceme of this program has been made at the same time as the expansion of Qatar’s governme investmes in the field of technology and startups. Qatar Investme Fund has announced that it has allocated significa resources to support veure capital; The move, which, along with the 10-year visa, is considered part of the coury’s broader effort to reduce dependence on oil and gas revenues and move towards a knowledge-based economy. Economic observers say this decision puts Qatar in more direct competition with couries in the region, including the United Arab Emirates and Saudi Arabia, which have previously launched similar programs to attract skilled labor and foreign capital. According to experts, if this plan is accompanied by transpare implemeation mechanisms and real facilities, it can play an importa role in changing the map of work migration and investme in the Persian Gulf.
