[Porsche-O-Phile]

It'd be fine if it came through. All those details have already been discussed.

Qatar is quite a bit more western than Saudi Arabia. It's more like UAE or Kuwait.

It's quite interesting comparing/contrasting the difference between the Qatari mindset/political system and our own. For example, the Qatari government believes that the resources of the country (predominantly oil & natural gas) belong to ALL the people of the country. As such, the proceeds from the sale of those resources is distributed to the populace (after the ruling family and select individuals/institutions get their cut). This is similar to the Saudi system - or Alaska to an extent. It allows everyone in the country to be wealthy by their own standards and do pretty well even by western standards.

There is no tax on anything. There is no interest (Muslim country). Eight weeks vacation is standard, not to mention reduced work hours during Eid (regardless of whether you're Muslim or not). Obviously there are drawbacks (you need a special license to buy alcohol, and there are only a couple of places in Doha that sell it, and you can only have it in the privacy of your own home - sharing with locals is verboten). No burkas, no veils, etc. unless you're Muslim - western wear is openly tolerated. No pork or pig products (personally I don't care, as I don't eat meat anyway), etc. Lots of western franchises and presence there. A "free trade" zone in Doha allows a lot of trade if you're interested, etc.

It could be a really cool opportunity but like I said, I'm only casually pursuing it. It'd be a fascinating place to "sit out" the remainder of this recession - or place to be if this is indeed the "beginning of the end" for the U.S.A. (remains to be seen).

Getting the first $80k tax exempt is pretty damn nice too. Lots of upside to it.

Sorry for the hijack.