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Qatar the best country to start your business

are you looking for a job?  Would you like to work outside where the grass is greener?  If you are a Filipino and want to leave your home country in search of green pastures, Qatar may be the place for you.

 According to a 2020 survey, Qatar is actually the best country to operate now.  The other four countries in the first five are Turkey, the United Arab Emirates, Russia and France.  This rating is based on many advantages, including economic stability, innovation, income equality, a good job market and more.  The survey is based on interviews with more than 20,000 global citizens spanning 80 countries.

Qatar is a rich country

Qatar started as a poor protectorate of the British system.  It became an independent country by 1971. Ultimately, the country discovered that it was rich in oil and gas, which accelerated Qatar’s growth, making it one of the richest countries in the world.  In fact, it is the richest country per capita of GDP, surpassing Luxembourg.

High standard of living

The high standard of living for Qataris is a result of its wealth.  Unlike many countries, health care and education are free of charge, ensuring that all citizens are literate and healthy.  Indeed, many of the most prestigious American universities have established satellite universities in Qatar.

Young professional population

Because of the great standard of living in Qatar, it is full of young and dynamic professionals, which makes the country progress more and more quickly.  In fact, according to several sources, a quarter of Qatar’s workers are under the age of 25.

High entrepreneurial escalation

Many aspiring young entrepreneurs also found a home in Qatar.  Among the Arab countries, Qatar is the most popular among young people with a commercial mindset, and it appears that Qatari youth have more opportunity to access the resources needed to start a business.

economic stability

Qatar’s economic outlook is somewhat stable.  This is true even if neighboring countries such as the United Arab Emirates, Bahrain and Saudi Arabia issued an import ban nearly two years ago.  Qatar is clearly very flexible. In only four months of the blockade, according to New York-based Moody’s Investors Service, Qatar recovered quickly.  The country still has high levels of seized oil, although real estate, aviation and tourism have suffered the greatest “damage” due to the blockade.

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