kpf
From: Canada
12/20/2005 14:03 EST
I lived in Qatar. While salaries appear generous there, the cost of living is astranomical. A decent compound will cost you upwards of 10-15,000 QR per month versus the 5-7000 QR it was 5 years ago. And from what friends tell me, it is still rising. No foreigners can invest in Qatar. This means you cannot buy real estate, you cannot own or buy a business, and you cannot buy Qatari stocks. This makes living and making money exponentially difficult. In order to work there, you must be sponsered by a Company, which as indicated earlier, has at least 50% Qatari ownership with options for them to buy out the business after X years (it is really just a way for them to get someone else to set it up, steal technology, then own it). If you are working directly for a Arab-managed company like I was (QP), be advised that your life could borderline on unbearable. The work environment is very different than anywhere else in the world, bordering on 40's/50's style management practices and abuse of basic work ethics and what I would consider basic human rights. While the culture is interesting and lifestyle OK, the work environment was horrible and the savings not what I expected.
Post a Reply
0 0 abuse
|