The rapid development of Qatar as a major financial and energy hub has attracted a large influx of Indian professionals. The Indian diaspora here is significant, with most workers originating from states like Kerala, Andhra Pradesh, Tamil Nadu, and Punjab.
The workforce includes skilled laborers, healthcare professionals, engineers, bankers, and consultants. Many NRIs own properties in India, maintain NRO/NRE accounts, and manage mutual fund and equity portfolios remotely.
Savetaxs has helped numerous clients in Qatar and has repatriated crores for them. Our team includes chartered accountants with special expertise in navigating the financial landscape between India and Qatar, particularly regarding the nuances of the India-Qatar DTAA. We're fully well-informed about the changes for FY 2025-26, including updates to long-term capital gains rates and new asset disclosure requirements.