Qatar is still the richest country in the world

[uncleduckerr]

It is probably because they abuse the living hell out of migrant workers. Also only people in the native land can own land (I dont know if this effects) but something worth noting.

[achsan fauzy]

qatar is a paradise for investors, tourists, and for everyone.even though saudi arabia and its allies blockade them, qatar remains prove that they are powerful country

[Sithara007]

qatar is a paradise for investors, tourists, and for everyone.even though saudi arabia and its allies blockade them, qatar remains prove that they are powerful country

There are a lot of advantages in setting up a business in Qatar. The income tax rate is zero and there is no bureaucratic red tape or corruption. You don't need to bribe the government officials, if you have the necessary papers with you. The corporate tax rate is also very low, at 10%.

[lacir]

qatar is a paradise for investors, tourists, and for everyone.even though saudi arabia and its allies blockade them, qatar remains prove that they are powerful country

Qatar is not definitely quickest start for somebody wit entrepreneur mindset.
Establishing company here is far harder than in most european countries, it takes
lot of time and need more initial capital cca. 30 000 EUR.

[KingScorpio]

It is probably because they abuse the living hell out of migrant workers. Also only people in the native land can own land (I dont know if this effects) but something worth noting.

if our european politicians would be psychologically capable to exploit indians and africans like they do, we would have already a massive base on mars and would esxperiment on space cruisers.

but instead these people get welfare etc.

[Subbir]

Qatar is one of the richest countries in the world Not just for investors and tourists but also for the euro. Compared to other countries every Qatari company features a role to play with Saudi companies which is why it's so strong. Epidemics just like the coronavirus didn't have much effect.

[akram143]

Qatar is one of the richest countries in the world Not just for investors and tourists but also for the euro. Compared to other countries every Qatari company features a role to play with Saudi companies which is why it's so strong. Epidemics just like the coronavirus didn't have much effect.

Qatar is same like the other gulf countries, their source of incomes in from petroleum and gas like about 85% so those companies and other things are nothing from their primary income so they will have effect only when oil wells gets dried up.

[Naida_BR]

Qatar is one of the richest countries in the world Not just for investors and tourists but also for the euro. Compared to other countries every Qatari company features a role to play with Saudi companies which is why it's so strong. Epidemics just like the coronavirus didn't have much effect.

Qatar companies are backed from people with a lot of money this is why they are characterized as rich.
This means that Qatar is not the richest country as it doesn't have the biggest production line and the strongest economy in the world - those two are totally different metrics.

[madnessteat]

I didn't know the Qataris lived this rich. Comparing their average salary to the Russian one, I want to cry. The average salary of a Russian is only $400-500. Our pensioners, who have worked their whole lives, can't afford to travel or live a normal life. They have to live their lives as beggars.

[KingScorpio]

It is probably because they abuse the living hell out of migrant workers. Also only people in the native land can own land (I dont know if this effects) but something worth noting.

not anymore ressources are almost worthless nowadays

[Nathanz]

I didn't expect that Qatar is the richest country in the world to be honest.  I thought it was some countries for the west. But yeah, I think it's because of their leaders. The thing with dictatorship and monarch is that if they got a good leader, they will succeed, and that's what happened to Qatar. They had numerous smart investments and properties around the world and their capital, Doha, the land of skyscrapers, has a lot of investors.

[akram143]

I didn't expect that Qatar is the richest country in the world to be honest.  I thought it was some countries for the west. But yeah, I think it's because of their leaders. The thing with dictatorship and monarch is that if they got a good leader, they will succeed, and that's what happened to Qatar. They had numerous smart investments and properties around the world and their capital, Doha, the land of skyscrapers, has a lot of investors.

When a country have non renewable source as their primary source of income then they won't stay long at the place and 2030 is going to be the era of electric vehicles that is why Qatar is moving towards tourism in the past few years or they will be one of the poor countries in few decades.

[PavelMed]

Not only oil makes Qatar so rich, with such high wages. It is also the right approach and the national mentality of citizens. They were not always so rich. but a rational approach brought them to first place in the world

[akram143]

Not only oil makes Qatar so rich, with such high wages. It is also the right approach and the national mentality of citizens. They were not always so rich. but a rational approach brought them to first place in the world

Government is so rich, so they are giving high wages to their nationalities, I do't find anything different in this approach.