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Qatar's package and Working conditions

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Qatar's package and Working conditions

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Old 2nd May 2007, 16:34
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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.
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Old 2nd May 2007, 18:41
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to rent or to loan ?

Hi popay,
so if u rise a mortgage with a bank, then you lose all the company allowances ? and furniture allowance ?
In this case QR package become less attractive, no company house neither housing allowances.
Has any Qatar pilots bought a house in Doha as far as you know ?

Maybe as an investment you may buy and rent it and take the company house.
All the other legal aspects you pointed out are very important indeed but they are the same if you are buying in Europe.
In case you lose your job and dont pay the loan, they will sell your house... I belive.
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Old 2nd May 2007, 20:30
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Plutos, to answer your questions:
1. You don't lose any allowances neither in case of a mortgage nor in case of rent. NONE OF THEM.
2. Legal aspects: you have to understand that foundation of your possible residence in Qatar is based upon the employment in QR. QR bears responsibility legally and financially for you for the duration of the employment. Once the employment is seized you're on your own. In order to leave Qatar in good terms you will have to be cleared by the company as well as any creditors. Obviously having unpaid debts with local bank (the mortgage) the chances to be released do narrow unless the property will be sold for a price covering the bank's expenses. Once clear it will be advertised in local newspapers MR. X is leaving the country at such and such anybody having any kind of legal claims do report to.... blah blah blah. Once that is done you can go.
Reality is that people do take loans and just jump ship...
Just to give you an idea about how it looks. Good luck.
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Old 3rd May 2007, 07:44
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You buy a house, Get a loan for 25 years, you stay with Qatar and the rules don't change, you will get QR12,000 as a captain and QR10,000 as a First officer.

Lets just say QR12,000 so as not to think you will be a first officer for 25 years. You will get the QR12,000 a month until the rules change and Qatar Airways builds a huge "Saudi City" type complex and says "All expats here is your house, take it or leave it." "there will be no more housing allowance, Vehicle allowance and electricity allowance." You are now on your own to enjoy your 2 million U.S Dollar apartment on the Pearl or sell it and move to the company housing.

It will change here and you really have to kind of look at every avenue and see what is good for you. Some have bought apartments, some are living in company apartments and villas, and then some are sharing a villa. I think you will only find a few who live in a villa alone paying for it out of their pocket. That number is getting smaller every year with increase of rental prices and having to bear the maintenance cost yourself.

It is still a good place to come and work if you are open minded and like a nice simple life. Very easy to come here and relax but it is also easy to come here and complain about every road problem and cost of a shwarma.

Your choice.

HM
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Old 3rd May 2007, 11:04
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Hajj Man

Hi,
You buy a house, Get a loan for 25 years, you stay with Qatar and the rules don't change, you will get QR12,000 as a captain and QR10,000 as a First officer.
Sorry but I am a bit slow to understand: how can u get the house allowances if you dont prove you rented a house .
I imagine the company want to see your contract with the landlord before to give you the allowances.And maybe the company will give you just what you need for your rental (maybe less then 12.000 qr if the rent is lower?)
What I imagine it would be the best is (tell me if wrong): Sell your house in your country,buy a house in Doh,get the allowances,maybe ad a little for the mortgage and live there.
Once the company stops the allowances ("Saudi City"), then maybe you can rent your house and get the company house for some years.
Is this open minded ?
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Old 3rd May 2007, 13:09
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open minded...

Hi Plutos
The housing allowance is a fixed amount per month. Full stop! The only time you need to submit a copy of your rental agreement is when you move out of your company accomodation (you'll get some weeks of company accomodation upon arrival) and want to start getting your allowance.

Your plan seems open minded...but let's assume you have a legal struggle with anybody, let's say, local...you know that you're right but the legal system in the middle east doesn't really give you a chance cause you are...a foreigner.

What do you want to do with your house in that case? How do you want to sell it and get your money? Let's assume a local guy kills himself with his car and you happen to be in the car that was in his way...how can you leave the country quickly (cause otherwise you'll end up in jail...even though you're innocent...believe me/us) if you own a house there?

...hope you're a bit more closed minded now...
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Old 3rd May 2007, 17:41
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Talking

Plutos, please don't make more complicated as it is. It's straight forward you get all the allowances whether you rent a place or you buy it. The only case you don't get anything is if you take company accommodation. That's it. Now the risk/reward ratio when it comes to the mortgage is entirely up to an individual only.
Again if you have the lump sum it's, in my opinion a GO. The potential risk of property devaluing in the next 10 years is relatively low unless the Yanks hit Iran, of course. I doubt it very much though. After 10 years we might see a reflection of DXB situation namely the property prices drop due to oversupply.
One more thing is to be said as well. It's not a question of price/value when you buy a property it's a question of an investment only unless you plan to retire in Qatar. Basically the same scheme like anywhere else in the world.
Make up your mind, mate.
Cheers.
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Old 3rd May 2007, 21:04
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Tks guys, I got it ...
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Old 4th May 2007, 04:50
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Package - hmmmmm

The package is so good I hear another 30 F/Os resigned with many going to Etihad.
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Old 4th May 2007, 05:20
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Well Mick Tuck...money is important But itīs not everything...
Beside the company (wich is far from being perfectoor training,poor standard,and sometime poor atmosphere...),Doha is propbably Not the most interesting place to stay.., and this is defenitly a important factor who push people to leave as well.....
Itīs an accumulation of factor...
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Old 4th May 2007, 07:50
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Where do you ladies and gentlemen get these figures from?

30 First officers resign???????????????????................ PROPAGANDA


HM
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Old 4th May 2007, 08:51
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Hey HM

Professional Pilots RUMOUR Network
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Old 4th May 2007, 11:21
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Your right Mike Tuck,

What time frame are we talking about in which these 30 first officers have resigned? That helps if you give it a 6 month, 1 year or a 18 month time to go with it?

Do you have that number to go along with your 30? .....

Thank you

HM
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Old 4th May 2007, 13:50
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Big 30

The rumour I heard was over the last couple of months but the majority around the announcemnet of the pay 'rise'. Pays ya money, takes ya choice
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Old 5th May 2007, 12:03
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To clarify your number of 30 F/O resignations. That number I don't think is very correct or even close.

Sorry to tell you....
.
HM
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Old 5th May 2007, 15:04
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Who knows

Chief Pilot mentioned 5 in one day a little while ago. I suppose we could say this or that all day. We will see if or when there are aircraft on the ground with no one to fly them. If it hasn't happened already. Why do you think the notice to crew came out forcing us to work on days off? Why are pilots leaving? The terms and conditions? I don't know the answer.
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Old 5th May 2007, 17:11
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well...Can you(and your family.. of course!) imagine to spend all your live in place like Doha...?
..This is probably one of the reasons why people are and will continue to leave this place...
Cheers.
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Old 7th May 2007, 07:51
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Why resign?

And this last week the entrance of the T.Build was smelling roses of Doha!!! Why to leave such a nice place???
And I suggest for the Grumming Office to check the shoes of the Pilots...It's unacceptable, some time ago we coudn't breath without wearing the Cap and now not even the shoes...
Ops sry just checked mine...
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Old 7th May 2007, 08:34
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Better than checking i suggest the grumming office to install a shoes polish station at the technical in order for them to polish our shoes after having risked our live to cross the street..... ..at least they will be usefull for something!
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Old 7th May 2007, 09:25
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Don't worry Loc they will start to send us home direct from the planes...
Photo of the new service below...
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