Oman
Oman’s New Golden Visa Scheme Will Offer A Long-Term Residency To Foreign Investors: Oman is introducing its Golden Visa programme on August 31, 2025, offering 5- or 10-year long-term residency permits for foreign investors and their families. The move is part of Oman’s wider strategy to attract foreign direct investment (FDI), encourage entrepreneurship, and boost its economy beyond oil dependency.
This announcement has already created excitement among expatriates and investors in the region, who see Oman as a stable, business-friendly, and culturally rich destination.
What Is The Oman Golden Visa?
The Oman Golden Visa, also referred to as the Golden Residency Programme, provides renewable 5- or 10-year residency permits to foreign investors, entrepreneurs, and professionals. Unlike regular work visas, it does not require a local Omani sponsor.
Holders of the Golden Visa can also bring their spouse, children under 25 years, and dependent parents, offering families a long-term base in Oman.
This programme is designed to compete with similar initiatives in the UAE, Saudi Arabia, and Qatar, where Golden Visas have already proven successful in drawing global talent and capital.
Key Benefits Of The Oman Golden Visa
- Long-Term Stability: Residency for 5 or 10 years, renewable upon meeting requirements.
- Family Sponsorship: Includes spouse, children (up to age 25), and dependent parents.
- Work & Business Rights: Freedom to live, work, and establish businesses without a local sponsor.
- Property Ownership: Eligibility to own property in freehold zones.
- Healthcare & Education Access: Visa holders can access premium healthcare and education facilities.
- Tax Advantages: Beneficial taxation policies for investors and entrepreneurs.
- Mobility: Easier movement across GCC countries, strengthening business opportunities.
Eligibility Criteria
While full details will be announced during the launch, eligibility will broadly include:
- Investment in Omani Business: Investors must set up or invest in local enterprises.
- Real Estate Ownership: Purchasing property above a certain value (to be announced).
- High-Net-Worth Individuals: Entrepreneurs and professionals meeting income or asset thresholds.
- Special Talent & Skills: Innovators, researchers, and professionals in priority sectors like technology, energy, healthcare, and education may also qualify.
Fees & Costs
- 10-Year Golden Visa: OMR 551 (approx. $1,430 USD)
- 5-Year Golden Visa: OMR 326 (approx. $845 USD)
These fees are competitive compared to other GCC countries, making Oman an attractive option for foreign investors seeking a cost-effective yet high-quality residency programme.
Why Oman Is Attractive For Investors
- Strategic Location: Positioned between Asia, Africa, and the Middle East, Oman is a global trade hub.
- Stable Governance: Politically stable, with strong ties to both the West and the GCC.
- Economic Diversification: The Vision 2040 strategy is driving investment in tourism, logistics, renewable energy, and technology.
- Cultural Appeal: Oman is known for its rich heritage, natural beauty, and safe environment—an added draw for expatriates looking for quality of life.
Comparison With Other GCC Golden Visas
| Feature | Oman Golden Visa | UAE Golden Visa | Saudi Arabia Premium Residency |
|---|---|---|---|
| Duration | 5 or 10 years | 10 years | 1 year (renewable) or unlimited |
| Family Sponsorship | Yes (spouse, kids under 25, parents) | Yes | Yes |
| Property Ownership | In Freehold Zones | In Freehold Zones | Select areas |
| Cost (approx.) | $845–$1,430 | $1,360–$2,720 | $2,100+ annually |
| Local Sponsor Required | No | No | No |
| Target Audience | Investors, Entrepreneurs, Skilled Professionals | Investors, Entrepreneurs, Skilled Professionals | Investors, Residents |
The Bigger Picture
The Oman Golden Visa is part of a broader economic vision to:
- Attract $100 billion in foreign investments by 2040.
- Support Al Majida Companies’ initiative, encouraging innovation and high-growth businesses.
- Provide global entrepreneurs and investors with a base in a safe, well-connected country.
For professionals and businesses, the programme offers an opportunity to become part of Oman’s emerging innovation and investment hub.
