Residence permit in Oman by investment

It’s a long-term residency programme introduced by the government in 2021 to diversify the economy and attract foreign investment that contributes to GDP growth. This programme allows foreign nationals to apply for a residence permit in exchange for investing in local assets.

If you are interested in how to get an Oman residence permit, explore the available programme. Foreigners can participate by investing in government bonds, real estate, LLCs, CJSCs, the capital of an existing company or by establishing a new enterprise in the state.

Many potential investors are interested in how much a residence permit in Oman costs. The sultanate allows two investment options. Programme participants can invest from OMR 250,000 (USD 649,500) to obtain a 5-year residency card or OMR 500,000 (USD 1.3 million) if they are interested in a 10-year residence permit.

The main benefits of Omani residency include:

• The right to live and work in a country with stable domestic politics and a developing economy
• Access to an attractive tax system with no personal income taxes
• The opportunity to open an account with local banks
• Fast application process and long validity of the cards
• Ability to include relatives and domestic staff in the application
• Eligibility to apply for visitor visas for relatives

The stages of applying for an Omani residence permit include:

1. Pre-verification
2. Investing in the selected asset
3. Preparing and submitting documentation in person or online
4. Receiving the residence card within the territory country

Foreigners should understand that the residence permit is not a pathway to Omani citizenship by naturalisation. However, it grants the right to reside in the country indefinitely. Only a woman who marries a native Omani and has resided in the country for 10 years can obtain a passport.

In exceptional cases, citizenship may be granted to foreigners for special services to the Sultanate.