Qatar is a sovereign nation situated in Southwest Asia, occupying the small Qatar Peninsula on the north-eastern coast of the Arabian Peninsula. Qatar is a excessive earnings financial system backed by the world’s third largest pure fuel reserves and oil reserves. The nation has the best per capita earnings on this planet. Qatar is assessed by the UN as a rustic of very excessive human growth and is essentially the most superior Arab state for human growth. Doha is the capital metropolis and most populous metropolis of the State of Qatar. It’s Qatar’s quickest rising metropolis, with over 40% of the nation’s inhabitants residing in Doha or its surrounding suburbs, and additionally it is the financial heart of the nation. Oil was found in Qatar in 1940. The invention remodeled the state’s financial system. Now, the nation has a excessive way of life for its authorized residents. With no earnings tax, Qatar (together with Bahrain) is among the international locations with the bottom tax charges on this planet. The unemployment charge in June 2013 was 0.1%. Company regulation mandates that Qatari nationals should maintain 51% of any enterprise within the Emirate. As of 2014, Qatar has the best GDP per capita on this planet, in line with the world Atlas fact-book and roughly 14% of households are greenback millionaires. It depends closely on international labour to develop its financial system, to the extent that migrant staff compose 86% of the inhabitants and 94% of the workforce.
Huge oil & fuel reserves in Qatar have modified the whole financial system; it has now grow to be a really excessive earnings financial system ensuing into huge infrastructure growth actions, civil development, banking, IT, hospitality and extra. Additionally, there are big preparations happening for 2022 FIFA world cup to be hosted within the state of Qatar. All of the above elements have resulted into big alternatives for jobs in Qatar. It has been already highlighted within the article that Qatar depends closely on international labour to develop its financial system to the extent that migrant staff compose 86% of the inhabitants and 94% of the workforce. This creates big job alternative for labourers & varied professionals from world wide particularly India, Pakistan and different Asian international locations.
