Planning to sell gold in Qatar? Check these new conditions from the Ministry of Interior

Qatar’s Ministry of Interior has announced conditions for people seeking to sell gold in the local market.

In addition to the existing mandatory no-objection certificate (NOC) from police, the ministry has issued new criteria for selling gold or jewellery :

  • NOCs are can be obtained from various security departments (Capital, Rayyan, North, South, Dukhan) as well as from Gold Permits office at Souq Waqif.
  • Only men and women aged 18 or above will be given the NOC.
  • A fee of QR10 is to be paid to acquire the NOC but the payment has to be made through a bank card (debit/credit card).

Here are the requirements for obtaining NOC :

Conditions For Ladies

  • Produce the gold to be sold at the permit counter.
  • Present the ID proof of the owner (ID card for Citizen / Resident and Passport for Visitors).
  • Produce the purchase bills if available.

Conditions For Gents

  • Only the gold belongings to the first degree relatives (mother, wife, sister, grandmother) and second-degree relatives (sister of father or mother) can be sold by men.
  • Produce the gold to be sold at the permit counter.
  • Present the ID proof of the owner (ID card for Citizen / Resident and Passport for Visitors).
  • Produce the purchase bills if available (for jewellery).
  • In the case of gold coins or gents gold watches, purchase bills shall be presented.
  • In case the gold coin or watch is produced through a representative, he should produce the original ID card of the owners and its purchase bills

People can also depute their “representatives” to sell gold and in that case, their IDs and those of the representatives need to be produced along with purchase bills, if available.

The ministry said the measures aim to safeguard people’s personal properties.

This post was originally published on 3 April 2016 and the content may be outdated.

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