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Oman Residence

Residency by Investment

Overview of Sultanate of Oman Residency by Investment Program

The Sultanate of Oman Golden Visa Program offers an avenue for international citizens to acquire a prolonged residency authorization within the Sultanate of Oman. This endeavor is designed to draw in individuals capable of bolstering the nation’s economic expansion and variety across a range of industries. By embracing this initiative, Sultanate of Oman underscores its dedication to nurturing a welcoming and comprehensive atmosphere for worldwide expertise and financial input.

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

  1. Category I (10-year visa): This category offers a 10-year residency visa in Sultanate Oman and requires a minimum investment of 500,000 OMR ($1,300,000 USD)
  2. Category II (5-year visa): The Category II option provides a 5-year residency visa upon meeting the requirement of a minimum investment of 250,000 OMR ($650,000 USD).
  3. Pensioners (60 years old & above): For individuals aged 60 and above, there’s a unique pathway to residency. By demonstrating a consistent monthly income of at least 4,000 OMR ($10,500 USD), pensioners can secure the opportunity to live in Sultanate Oman
  4. Government bonds (5 or 10-year visa): Investors have the choice between two residency options in the Sultanate of Oman: they can either invest 500,000 Omani rials in a government bond to secure a 10-year residency or opt for a 250,000 Omani rial investment in a government bond for a 5-year residency.
  5. Administrative Partner Visa (2-year visa): It is a specialized business visa intended for eligible foreign entrepreneurs and investors. It facilitates their relocation to Oman and the establishment of a business venture.
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Processing Time

2-4 weeks

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Real Estate From

250,000 OMR

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Visa-Free Access To

Access to GCC

Sultanate of Oman Investment Options

500,000 OR 250,000 OMR

Government bonds (5 or 10-year visa)

Investors have the choice between two residency options in the Sultanate of Oman: they can either invest 500,000 Omani rials in a government bond to secure a 10-year residency or opt for a 250,000 Omani rial investment in a government bond for a 5-year residency.

500,000 OMR

Category I (10-year visa)

This category offers a 10-year residency visa in Sultanate of Oman and requires a minimum investment of 500,000 OMR ($1,300,000 USD).

250,000 OMR

Category II (5-year visa)

The Category II option provides a 5-year residency visa upon meeting the requirement of a minimum investment of 250,000 OMR ($650,000 USD).

250,000 OMR

Administrative Partner Visa (2-year visa)

It is a specialized business visa intended for eligible foreign entrepreneurs and investors. It facilitates their relocation to Oman and the establishment of a business venture.

4,000 OMR

Pensioners (60 years old & above)

For individuals aged 60 and above, there's a unique pathway to residency. By demonstrating a consistent monthly income of at least 4,000 OMR ($10,500 USD), pensioners can secure the opportunity to live in Sultanate of Oman.

Why choose Sultanate of Oman?

Sultanate of Oman stands as a prime investment choice due to several key factors. Its strategic geographical location positions it as a gateway to markets across the Arabian Peninsula, facilitating trade and access to a wide consumer base. The nation’s political stability fosters a secure environment for investment, complemented by a robust legal framework that protects investors’ rights. Sultanate of Oman’s well-developed infrastructure, including ports, airports, and road networks, ensures seamless connectivity, easing the movement of goods and services. The government’s pro-business stance is reflected in its ease of doing business rankings and policies that encourage foreign investment. Notably, Sultanate of Oman’s commitment to economic diversification through initiatives like Vision 2040 paves the way for opportunities across sectors beyond oil and gas, reducing vulnerability to market fluctuations. Beyond its economic prospects, Sultanate of Oman’s cultural heritage and natural beauty offer an exceptional lifestyle for investors and their families, underlined by the country’s welcoming hospitality.

Cost of living in Sultanate of Oman

Sultanate of Oman, situated in the Middle East on the southeastern edge of the Arabian Peninsula, offers varying living costs based on lifestyle choices and income allocation. Here’s a breakdown to consider:

  • Location Impact: Costs differ across Sultanate of Oman, with urban areas like Muscat generally having higher prices, while options outside the city might offer budget-friendly savings.
  • Dining Expenses: Eating out can be costly, particularly in upscale hotels, but budget-friendly breakfasts and affordable cuisines can be found.
  • Grocery Choices: Depending on your origin, the cost of groceries might vary, with local products often being more economical.
  • Transportation Costs: Vehicle use is cheaper than in Europe, and while buses are available in cities, public transportation is widely common.
  • Utility Expenses: Utilities such as water, gas, and electricity are reasonably priced, and communication options include VPNs and Wi-Fi.
  • Sports and Leisure: Engaging in sports and fitness activities may require a higher budget, and entertainment costs fluctuate, including cinema tickets and clothing shopping.
  • Accommodation Trends: Sultanate of Oman, as with other countries, encounters housing variations based on individuals’ lifestyles. Its capital, Muscat, experiences high rental prices, divided between downtown and the outskirts. Rent in downtown Muscat ranges from 200 to 350 Omani rials for a two-bedroom apartment. In outlying areas, costs may decrease for newer buildings or hover around 90 to 150 Omani rials for older residential complexes. Individuals living alone can share two-bedroom apartments with others, costing approximately 50-60 Omani rials per person in downtown Muscat, based on a unit housing 5 individuals.

Key Facts

Capital

Muscat

Languages

Arabic

Currency

Omani Rial

Population

4,644,384 (2023)

What are the eligibility criteria to apply for Sultanate of Oman Golden Visa?

 

  • Pensioners can reside without any work history in the Sultanate of Oman
  • Be at least 21 years old.
  • Have a net worth of 500,000 OMR ($1,300,000 USD) for Category 1, and 250,000 OMR ($650,000 USD) for Category II.
  • No deportations/ Visa refusal
  • No criminal record.

Sultanate of Oman Golden Visa Required Documents

  • A valid passport copy with a minimum validity of at least six months.
  • A copy of the residence card if the applicant is a resident in the Sultanate of Oman, or health insurance if he is a non-resident.
  • A valid non-conviction certificate for a minimum period of at least six months if the main applicant is a resident in the Sultanate of Oman. If the applicant is a non-resident, attaching a non-conviction certificate from their country of residence, certified by the Embassy of the Sultanate of Oman or the Ministry of Foreign Affairs is required.
  • A clear personal photograph.
  • The investment instrument.

How Many Dependents Can Be Included in a Single Application?

Relatives in the first degree, without limiting the number of individuals, are eligible to accompany the primary applicant for the Sultanate of Oman Golden Visa, provided they adhere to specific conditions and limitations.

Starting investment for Oman Residency  is 250,000 OMR

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    Step by Step procedures and time frame for obtaining Sultanate of Oman Golden Visa

    1. Reach Out to Migrate World

    Start by contacting us at Migrate World and informing us about your initial requirements. To grasp the nuances of your unique needs, our team will collaborate closely with you.

    1. Present Your Application

    Our proficient professionals will assist you in the process of compiling the necessary documents for your application.

    1. Application Review

    Our expert team in Sultanate of Oman will thoroughly review your application to ensure it meets all the criteria stipulated for the Sultanate of Oman Golden Visa.

    1. Receipt of Your Sultanate of Oman Golden Visa

    Once your application is approved by the government, we will promptly notify you and provide you with your Sultanate of Oman Golden Visa.

    How to avoid mistakes when applying for Sultanate of Oman residency by investment program?

    When seeking a Sultanate of Oman Golden Visa, placing your application in the hands of a trusted migration agency like Migrate World can provide a clear advantage. Our skilled experts understand the ins and outs of the application process, ensuring careful adherence to Sultanate of Oman’s specific requirements. With a proven history of success, Migrate World offers personalized guidance that saves time and minimizes the risk of mistakes that could slow your application down. As your dedicated partner, we not only simplify the process but also keep you updated with the latest information, empowering you to make informed choices. Your dream of attaining a Sultanate of Oman Golden Visa is our unwavering commitment. With Migrate World by your side, embark on this remarkable journey with confidence.

    Program Summary

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

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      Sultanate of Oman Golden Visa Benefits

      • The right to reside with his or her family members (first degree) without limiting the number of individuals
      • The possibility of employment in private (domestic) occupations at a maximum of 3 and Sponsorship is not required for extraction.
      • Permission to open a bank account.
      • Use of the lanes designated for Sultanate of Oman is at airports & outlets.
      • The possibilty of engaging in economic activities or working in the Sultanate of Oman.
      • Possibility to issue visitor visas for relatives.
      • Ownership of a single property outside of the integrated tourist areas, whether for residential, commercial, or industrial purposes, and this right is transferable to others, apart from owning the prohibited lands for non-Sultanate Oman is a significant opportunity for investors and individuals looking to diversify their real estate portfolio.

      How Can Migrate World Help You?

      At Migrate World, we are dedicated to being steadfast companions throughout our clients’ and investors’ journeys. Our comprehensive support ranges from assisting with staff and family relocation, and company formation, to operationalization. From finding homes and schools to handling insurance, transportation, office setup, government liaisons, and branding/marketing guidance, we take care of every detail from A to Z.

      Our focus spans Europe, North America, South Asia, China, and Russia. We cater to accomplished professionals – lawyers, doctors, nurses, retirees, academics, investors, and experts in technology and the shipping industry.

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      Does Sultanate of Oman provide a Golden Visa?

      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.

      FAQs

      The process of obtaining a Sultanate of Oman Golden Visa usually takes around 2 to 4 weeks.

      Individuals holding UAE residency are eligible for a visa upon arrival in the Sultanate of Oman. To qualify, your UAE residency visa should remain valid for at least three months. You also have the option to fly to the Sultanate of Oman from the UAE, with a flight duration of around 45 minutes.

      Sultanate of Oman offers a range of authorized visa categories for individuals seeking to travel to the country, including employment visas, resident and family visas, student visas, business and official visas, tourist visas, transit visas, and artist visas.

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