Business

Oman to launch Golden Residency for foreign investors on Sunday

Published: 08:08 AM,Aug 30,2025 | EDITED : 01:08 PM,Aug 30,2025

The proposed Downtown Al Khuwair Project in Muscat
 
The proposed Downtown Al Khuwair Project in Muscat

The Ministry of Commerce, Industry, and Investment Promotion (MOCIIP) will launch on Sunday several schemes to boost investment in the country, which include the Golden Residency, the Companies Initiative, the ownership transfer service on the Oman Business Platform, and the signing of cooperation programs in the construction sector.
This event will be held at Salalah Resort in Dhofar Governorate, under the patronage of His Highness Sayyid Marwan bin Turki al Said, Governor of Dhofar.

'Golden Residency Card for Investors will be available to foreign investors who meet specific investment thresholds.
It aims to boost the Sultanate of Oman’s appeal to international investors by simplifying procedures related to their residency and investments, according to official sources.

Currently, Oman offers two Investment Residency Programs through real estate, commercial investment, and long-term bank deposits on a renewable five and ten-year basis, subject to applicants meeting specific criteria, according to Invest Oman.

Tier One

  • Make an investment of not less than RO500,000 in a limited liability company, public joint-stock company or government bonds
  • Or buy a property in the sultanate to the value of RO500,000
  • Or establish a company employing a minimum of 50 Omani nationals – specification of company capital not required

Validity Duration

  • The validity of Oman’s Tier One Extended Residency permit is 10 years, subject to extension. The fee to obtain this residency card is RO551 for the applicant.

Tier Two 

  • Make an investment of not less than RO250,000 in a limited liability company or public joint- stock company
  • Or buy a property in the sultanate to the value of RO250,000
  • Or expatriate workers currently residing in Oman who wish to retire in the sultanate can obtain an Extended Residence permit by providing evidence of a fixed income of no less than RO4,000 a month

Validity Duration

  • The validity of Oman’s Tier Two Extended Residency permit is (5) years, subject to extension. The fee to obtain this residency card is RO326 for the applicant.

Apart from offering political and economic stability that boosts investor confidence and economic growth, the government has been focusing on long-term strategies, economic diversification, attracting foreign investments, and managing crises with a cautious response and by providing legislation as incentives in the workplace. 

The key attractions include tax exemptions and economic free zones.