PPRuNe Forums - View Single Post - Qatar's package and Working conditions
View Single Post
Old 2nd May 2007, 16:34
  #61 (permalink)  
popay
 
Join Date: Apr 2004
Location: Europe
Posts: 467
Likes: 0
Received 0 Likes on 0 Posts
Post

Plutos, hi there.
Not exactly that but you can go for a normal mortgage with a bank. You'll have to bring up 25% of the capital yourself the rest will be financed through the bank. However the interest rate is very high 8,5% as well as the prices. The issue requires a very careful study. Lots of legal aspects such as retail right, ownership and finally the your legal situation in Qatar in case you lose the job?
Geoglobal situation must be taken into account as well, like Iran.
It's certainly worth thinking about it and it's a buy if you have necessary cash cause in this case it's a matter of an investment.
Cheers.
popay is offline