Oman Launches Enhanced Golden Visa Programme on August 31

Oman is set to roll out its revamped Golden Visa programme on August 31, aimed at boosting the real estate market and diversifying the economy. The programme offers various visa options for investors, entrepreneurs, retirees, and skilled professionals.

Golden VisaReal EstateInvestmentOmanVision 2040Real Estate NewsAug 27, 2025

Oman Launches Enhanced Golden Visa Programme on August 31
Real Estate News:Oman will roll out its revamped Golden Visa programme on August 31 as part of efforts to strengthen its position as a global investment hub. Announced by the Ministry of Commerce, Industry and Investment Promotion (MOCIIP), the initiative aligns with Vision 2040 goals to diversify the economy and reduce reliance on oil revenues.

The updated programme offers renewable residency permits of five or ten years for foreign investors, entrepreneurs, retirees, and skilled professionals, allowing them and their families to live, work, and study in Oman without a local sponsor. This move is expected to attract a significant number of international investors and professionals.

Key options include a ten-year visa requiring a minimum investment of OMR 500,000 (USD 1.3 million) or the creation of a business employing at least 50 Omanis. A five-year visa is available with an investment threshold of OMR 250,000 (USD 650,000). Additionally, a five-year retirement visa is available for applicants with a fixed monthly income of OMR 4,000 or higher. Visa holders will be entitled to full business ownership rights, property ownership in freehold zones, and access to Oman’s healthcare and education systems.

Applications will be processed through the fully digital Invest Oman portal, streamlining the process and making it more accessible for potential applicants. This digital approach is part of Oman's broader strategy to enhance transparency and reduce bureaucratic hurdles.

Complementing the visa scheme, Oman is also launching the ‘Al Majida Companies’ initiative to help high-performing Omani firms expand domestically and internationally. A new digital service on the Oman Business platform will enable the electronic transfer of commercial registrations, aimed at reducing bureaucracy and enhancing transparency. According to Mubarak bin Mohammed Al Douhani, Director-General of Planning at MOCIIP, these reforms are designed to create a stable and investor-friendly environment while advancing digital trade.

Oman’s programme is broadly comparable to similar initiatives introduced by the UAE and Saudi Arabia, positioning the Sultanate within the region’s competitive investment landscape. The scheme is expected to boost the real estate markets in Muscat, Duqm, and Salalah while creating jobs and fostering growth in non-oil sectors such as IT, tourism, logistics, and renewable energy. These efforts are crucial for Oman’s economic diversification and long-term sustainability.

Frequently Asked Questions

What is the Golden Visa programme in Oman?

The Golden Visa programme in Oman is a residency permit scheme that offers renewable visas of five or ten years to foreign investors, entrepreneurs, retirees, and skilled professionals. It allows them and their families to live, work, and study in Oman without a local sponsor.

What are the investment thresholds for the Golden Visa?

The investment thresholds for the Golden Visa include a ten-year visa requiring a minimum investment of OMR 500,000 (USD 1.3 million) or the creation of a business employing at least 50 Omanis, and a five-year visa with an investment threshold of OMR 250,000 (USD 650,000).

What benefits do Golden Visa holders receive?

Golden Visa holders are entitled to full business ownership rights, property ownership in freehold zones, and access to Oman’s healthcare and education systems.

How can one apply for the Golden Visa?

Applications for the Golden Visa can be processed through the fully digital Invest Oman portal, making the process more accessible and streamlined.

What is the ‘Al Majida Companies’ initiative?

The ‘Al Majida Companies’ initiative is designed to help high-performing Omani firms expand domestically and internationally. It includes a new digital service on the Oman Business platform to enable the electronic transfer of commercial registrations, reducing bureaucracy and enhancing transparency.

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