Oman is launching a new Golden Visa program from August 31, giving investors 5 or 10-year renewable residence permits. The program can be obtained through real estate, company ownership or capital investment.
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New Golden Visa: Oman will launch its new Golden Visa programme for investors on August 31. The programme is part of a broader initiative aimed at strengthening Oman’s position as a global investment hub and accelerating digital transformation in commerce. The Ministry of Commerce, Industry and Investment Promotion said the programme will be launched alongside the “Al Majida Companies” initiative, designed to support high-performing Omani firms.
In addition, a new service enabling the electronic transfer of commercial registrations through the “Oman Business” platform will also be launched.
Know what is special in Oman Golden Visa
- Oman’s Golden Visa offers investors 5 or 10-year renewable residence permits, allowing them, their spouses, children under the age of 25, and dependent parents to live, work, and study in Oman without the need for local sponsorship.
- Investors can qualify through the purchase of real estate, company ownership, or capital investment in key sectors such as real estate, IT, renewable energy, and tourism. Visa holders enjoy full business ownership rights.
- The program offers tax exemptions, property ownership rights in freehold areas, access to quality healthcare and education, and establishes Oman as a stable, business-friendly destination in line with its economic diversification Vision 2040 plan.
Investors will get long-term residence permit
The Golden Visa program provides investors with long-term residence permits, reflecting Oman’s strategy to establish itself as a global investment hub. Mubarak bin Mohammed Al Dohani, Director General of Planning at the Ministry of Commerce, Industry and Investment Promotion, highlighted the program’s role in promoting a sustainable business environment by combining regulatory reforms with continued support for local firms.
The Ministry of Commerce, Industry and Investment Promotion said the program will be launched alongside the “Al Majida Companies” initiative, designed to support high-performing Omani firms, and a new service that will enable the electronic transfer of commercial registrations through the “Oman Business” platform.
Digital transformation of business will begin
Along with the visa program, Oman will launch a streamlined digital platform for the electronic transfer of commercial registrations, a key step towards a fully digital business ecosystem.
The system aims to save time and reduce operational costs for businesses, as well as promote transparency and easier business administration. The inaugural ceremony in Salalah will include the signing of cooperation agreements with leading institutions such as Sultan Qaboos University, the German University of Technology, the Oman Energy Association and Ebena.
These collaborations are designed to harness academic expertise and private sector capabilities to promote innovation and growth in Oman’s manufacturing industry. Oman’s Golden Visa program and digital business reforms reflect a concerted effort to attract investment, promote economic diversification and modernize regulatory frameworks.
By facilitating long-term residency for investors and reducing red tape through digital tools, Oman aims to build a strong, innovative business environment that benefits both local companies and international investors.
