Oman will launch its new golden visa programme for investors on August 31, as part of broader efforts to strengthen the Sultanate’s position as a global investment hub. This initiative also supports the country’s goal of accelerating its digital transition in commerce.
The Ministry of Commerce, Industry and Investment Promotion will introduce the golden visa alongside the “Al Majida Companies” initiative, which supports high-performing Omani firms. Additionally, a new service will allow the electronic transfer of commercial registrations via the Oman Business platform.
Foreigners can apply for the programme via the ‘Invest Oman’ online platform. There are two options to choose from, depending on how much they ready to invest:
Tier 1 Visa: Conditions, Duration & Fees
- Put at least RO500,000 into a limited liability company, public joint-stock company, or government bonds
- Purchase a property worth RO500,000 or more in Oman
- Start a business that employs at least 50 Omani nationals, with no minimum capital requirement
The Tier 1 residency is valid for 10 years, and can be extended it after that. The cost is RO551.
Tier 2 Visa: Conditions, Duration & Fees
- Make an investment of at least RO250,000 in a limited liability company or public joint-stock company
- Buy property worth RO250,000 or more
The Tier 2 residency lasts for 5 years and can also be extended. The residency card costs RO326.
In addition, expatriates who are already living in Oman and want to retire can apply for the Tier 2 Extended Residency if they can provide proof of a fixed income of RO4,000 per month.
Additionally, Oman is preparing to introduce a Personal Income Tax starting in 2028, which could affect both local and foreign workers.
Oman’s golden visa programme follows similar initiatives in neighbouring Gulf countries, including the UAE and Saudi Arabia, which have sought to attract foreign entrepreneurs and investors by offering long-term residency rights.
