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Oman Golden Visa - Residency by Investment Program

Processing Time

3-6 weeks

REAL ESTATE

200,000 OMR

SPEAK TO AN EXPERT
VISA-FREE ACCESS TO

Access to GCC

SPEAK TO AN EXPERT
Processing Time

3-6 weeks

CONTRIBUTION OR REAL ESTATE

200,000 OMR

VISA-FREE ACCESS TO

Access to GCC

Overview of Oman Residency by Investment Program

In 2021, the Sultanate of Oman introduced the Investor Residency Program, offering 5-year and 10-year visas to attract global investors and their families. This initiative supports Oman’s vision to drive economic growth, encourage investment in key sectors, and create a welcoming environment for international talent and businesses. The program aims to diversify the economy, generate employment, and ensure long-term development through foreign investments. To enhance the program’s regional competitiveness, the Ministry of Commerce, Industry, and Investment Promotion appointed Migrate World in 2022 to review and recommend improvements. Approved changes, including new investment options and thresholds, are set to be implemented in September 2024.

Why choose Oman?

  • Strategic geographical location as a gateway to markets across the Arabian Peninsula
  • Political stability and secure environment for investment
  • Robust legal framework protecting investors’ rights
  • Well-developed infrastructure including ports, airports, and road networks
  • Pro-business stance reflected in the ease of doing business rankings and investment-friendly policies
  • Commitment to economic diversification through Vision 2040, creating opportunities across sectors beyond oil and gas
  • Attractive lifestyle supported by rich cultural heritage, natural beauty, and welcoming hospitality.
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Processing Time

3-6 weeks

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Real Estate From

200,000 OMR

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Visa-Free Access To

Access to GCC

Living in Oman

Living in Oman offers a high quality of life, combining modern amenities with a peaceful and safe environment. Residents enjoy a balanced lifestyle, supported by well-developed infrastructure, excellent healthcare, and education systems. The country’s rich cultural heritage, stunning natural landscapes, and numerous tourist places in Oman make it an attractive destination for both locals and expatriates. With low crime rates and a strong sense of community, Oman provides a secure and enjoyable place to live, work, and explore.

Taxes

Tax Type Implication
Personal Income Tax No personal income tax in Oman
Capital Gains Tax No capital gains tax
Inheritance Tax No inheritance tax
Corporate Tax Applicable to businesses (standard rate)
Value Added Tax (VAT) 5% VAT on goods and services
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Key Facts

Capital

Muscat

Languages

Arabic

Currency

Omani Rial

Population

4.68 million (2024)

Cost of living in Oman

Housing Costs

The Sultanate of Oman offers a wide range of real estate options to suit various budgets and preferences. Additionally, buying property in Oman is an attractive option for investors, as foreigners are allowed to own property in designated tourist areas, providing an opportunity to invest in the real estate sector in Oman. Rental prices vary depending on the location and type of property, with rents being higher in major cities like Muscat, while other areas offer more affordable options, making real estate in Oman suitable for different categories of people.

Utilities

Electricity, water, and gas costs are generally reasonable in Oman. Although utility bills can fluctuate depending on the season, particularly in the hotter months, they remain affordable compared to global averages.

Transportation

Fuel is subsidized in Oman, making driving very affordable. Public transportation is available, though many residents prefer to use personal vehicles due to low fuel costs and the convenience of driving.

Groceries and Dining

The cost of groceries in Oman is relatively affordable, with various options available, from local markets to international supermarkets. Dining out is also cost-effective, offering a wide range of restaurants catering to different budgets and tastes.

Healthcare and Education

The sultanate of Oman provides both public and private healthcare services. While public healthcare is affordable and well-regarded, private healthcare can be more costly. Similarly, education costs depend on whether you choose public or private schools, with the latter being more expensive.

Leisure and Entertainment

The sultanate of Oman offers a variety of recreational activities, from outdoor adventures to cultural experiences. Leisure costs, such as gym memberships, cinema tickets, and travel, are reasonably priced, allowing for a balanced and enjoyable lifestyle.

Oman Golden Visa Program Objectives

  • Attract and retain foreign investments
  • Promote economic diversification and development
  • Create job opportunities for Omani nationals
  • Enhance global competitiveness and investment climate
  • Develop strategic sectors in line with Vision 2040
  • Boost tourism and related industries
  • Support growth of small and medium enterprises (SMEs)
  • Encourage sustainable economic practices
  • Foster innovation and technological advancement
  • Strengthen the local business ecosystem with international expertise
  • Enhance the shipping and logistics sector by leveraging its strategic location

How to obtain Oman Residency by Investment Visa (Golden Visa)?

To qualify for an Oman Golden Visa, your investment portfolio must total at least 200,000 OMR. You can achieve this through one or a combination of the following options:

  • Real estate holdings (Commercial or Residential)
  • Investments in companies with capital assets (new or existing)
  • Government bonds
  • Secure bank fixed deposits
  • Stock market diversification
  • Small / Medium projects recommended by the government.
  • Accredited investment funds.
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Starting investment for Oman Residency is 200,000 OMR (519,636 USD)

“Migrate World made the process of obtaining my Oman residence straightforward and efficient. Their knowledgeable team guided me with precision, and their personalized approach made all the difference. I'm grateful for Migrate World's outstanding service.”
– Sara
"I had many questions about my Oman residence, but Migrate World patiently addressed each one. Their clear consultations and dedication to helping clients stood out. I recommend Migrate World for their excellent support."
– Fahed
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    What are the eligibility criteria to apply for Oman Golden Visa?

    • Minimum net worth of 200,000 OMR 
    • No Criminal record 
    • No deportations 
    • Age 21 years old and above 
    • Pensioners can reside without any work history in the Sultanate of Oman
    • Retired individuals, ages 55‐ 75 with a pension or a fixed income of 2,000 OMR from outside the Sultanate of Oman, are eligible to qualify for residency in the Sultanate of Oman.
    • Talented Individuals: Innovators, artists, exceptional students, medical professionals, specialized scientists, pioneers of humanitarian work, influencers, and pilots are also eligible to qualify for residency in the Sultanate of Oman.
    • Profile Approval must be obtained from the ministry 
    • Residents from outside/ inside the Sultanate of Oman can opt for long-term residency.

    Oman Golden Visa Required Documents

    • Passport Copies: Valid for at least 6 months (for all applicants)
    • Proof of citizenship(s)/ National ID: If applicable (for all applicants)
    • Driving License: If applicable (for all applicants)
    • Residency Card/Identification Card: Any valid residency card, globally (if applicable) for all applicants.
    • Birth Certificates: Certified and translated into Arabic, certified true copy from a lawyer or notary (for all applicants)
    • Marriage/Divorce Certificate: Certified and translated into Arabic, certified true copy from a lawyer or notary.
    • Family Book: If applicable.
    • Custody Certificates: If divorced, certified, and translated into Arabic.
    • Bank Statement: Last 12 months.
    • Police Clearance: Less than 6 months old (for all applicants, 21 years old and above)
    • University Diploma: If applicable.
    • Passport Photos: 4,3cm x 5,5 cm 
    • Employment Proof: Letter from the Employer or Certificate of Registration (CR) if self-employed.
    • Personal Information (for all applicants): 
    • Full Name.
    • Date and place of birth.
    • Occupation and Company Information.
    • Citizenship/s (Multiple citizenships must be disclosed if applicable). 
    • Country of residence.
    • Home and work address.
    • Contact Number.
    • Email address.
    • LinkedIn ID.
    Contact Us

    Program Summary

    Learn more about the country and it's citizenship by investment.

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      How to Apply: Step-by-step procedure

      Step 1: Consultation and Preparation

      Reach out to Migrate World through one of these following options :

      • Online Form: Fill out the form on our website.
      • Phone: Call us at +968 7155 5536.
      • In Person: Visit the Invest Oman location.
      • Email: oman@migrateworld.com

      Our expert consultants will guide you through the investment options and ensure you meet the requirements for the 10-year residency in Oman.

      Step 2: Document Verification and KYC

      Submit your required documents through the Migrate World portal for verification. We will conduct a KYC and preliminary background check. Payment details and methods will be communicated during this stage.

      Step 3: Ministry of Commerce, Industry, and Investment Promotion Submission

      Submit the verified documents (excluding proof of investment) to the Ministry through Migrate World. The documents will be reviewed for pre-approval before being forwarded to the Royal Oman Police.

      Step 4: Royal Oman Police

      The Royal Oman Police will perform due diligence. If successful, you will receive Police Clearance.

      Step 5: Finalize Investment

      Once you have Police Clearance, you have 60 days to finalize your investment. Submit proof of investment and any additional documents to Migrate World, which will forward them to the Ministry for final approval.

      Step 6: Medical Examination

      Migrate World will arrange your mandatory medical examination at approved clinics and hospitals in Oman.

      Step 7: Issuance of 10-Year Investor Visa

      After completing all requirements, you and your immediate family members can receive your 10-year investor visa and National ID.

      Application Timeline

      The application process typically takes 3 to 6 weeks.

      Application Fee

      The application involves several fees that must be paid before submission, including a government fee, processing fees, and an additional fee for qualifying dependents under 12 years old.

      Oman Golden Visa Price

      To qualify for the Oman Golden Visa, your investment portfolio must total at least 200,000 OMR. This can be achieved through one or a combination of the investment options previously mentioned.

      Family Members Eligible for Oman Residency

      • Spouse
      • Unmarried Male Children: Up to the age of 25
      • Unmarried Daughters: No age limit
      • Divorced Daughters: With custody (court documentation required)
      • Children of Determination (POD): No age limit
      • Dependent Father and Mother: Of the main applicant and spouse (first married spouse only)
      • Dependent Siblings: Of the main applicant or spouse, provided they are fully dependent and under 25 (proof of dependency or disability required). No age limit for unmarried female siblings.

      Validity and Renewal for Oman Residency

      The 10-year residency is renewable, as long as the investment is maintained, ensuring a hassle-free renewal process.

      Oman Golden Visa Benefits

      • Renewal is hassle-free with the 10-year residency, provided the investment is maintained.
      • Immigration is streamlined with dedicated passport control for arrival and departure.
      • Dependents such as spouse(s), children, parents, and siblings are included.
      • Domestic workers can be employed up to 4, along with 2 private chauffeurs.
      • Extended stay flexibility allows you to stay outside Oman for up to 364 days.
      • Sponsorship is available for up to 4 temporary visitors and their families.

      How Can Migrate World Help You?

      Migrate World helps streamline your Oman Golden Visa application by offering expert guidance on investment options and visa requirements. We assist with document preparation, manage the submission process, ensure compliance with regulations, and provide ongoing support to ensure a smooth and efficient application experience.

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      FAQs

      You can include the following dependents in a single Oman Golden Visa application: spouse(s), unmarried male children up to age 25, unmarried daughters, divorced daughters with custody (with court documentation), children of Determination, and dependent parents and siblings (under 25 or unmarried female siblings).

      To obtain an Oman Golden Visa, begin with a consultation and document preparation with Migrate World. Verify your documents and pay the fees. Submit your application to the Ministry of Commerce, Industry, and Investment Promotion through Migrate World for pre-approval. Obtain police clearance, finalize your investment, complete a medical examination, and then receive your visa and National ID.

      When applying for a Sultanate of Oman Golden Visa, using a trusted migration company like Migrate World can streamline the process. Our expertise ensures that all requirements are met, reduces the likelihood of errors, and keeps you informed with the latest updates. This support helps you navigate the application smoothly and efficiently.

      Sultanate of Oman provides a Golden Visa. It is a residency by investment program that offers a range of benefits to investors, entrepreneurs, and their families.

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