Oman’s Golden Visa in Oman program has emerged as a highly sought-after residency option for foreign investors, retirees, and skilled professionals. This long-term residency visa provides expatriates with greater financial and residential security while contributing to Oman’s economic diversification plans under Vision 2040.
If you’re considering obtaining the Golden Visa in Oman, this guide will walk you through its benefits, eligibility criteria, application process, required documents, and key considerations.
What is the Golden Visa in Oman?
The Golden Visa in Oman is a long-term residency program designed to attract foreign investment and skilled professionals. This initiative, introduced by the Royal Oman Police (ROP) and Ministry of Commerce, Industry, and Investment Promotion (MOCIIP), grants residency for 5 to 10 years, allowing expatriates to live, work, and invest in Oman with enhanced legal protections and business rights.
This visa is part of Oman’s strategic efforts to boost economic growth by attracting high-net-worth individuals, real estate investors, entrepreneurs, and retirees.
Benefits of the Golden Visa in Oman
The Golden Visa in Oman provides several advantages that make it an attractive option for expatriates and investors:
Long-Term Residency Security
Golden Visa holders are granted 5-year or 10-year renewable residency permits, offering expatriates long-term stability in Oman.
Business Ownership & Investment Opportunities
Foreigners can establish and fully own businesses in Oman without the need for an Omani partner, making it easier for entrepreneurs to expand their business operations.
Property Ownership Rights
Visa holders can purchase real estate in designated investment zones and own properties without restrictions, making Oman a lucrative market for international investors.
Family Sponsorship
The Golden Visa in Oman allows the primary applicant to sponsor immediate family members, including spouses and children up to 25 years old.
Multiple Entry & Exit Privileges
Holders can enter and exit Oman freely without requiring additional visas, facilitating seamless travel for business and personal purposes.
Exemptions from Local Sponsorship
Unlike other visa types, Golden Visa holders do not require an Omani sponsor (Kafeel), giving them complete autonomy over their residency and business dealings.
Employment Flexibility
Visa holders are not required to be linked to an employer or sponsor, allowing them to engage in multiple business activities without restrictions.
Retirement Benefits
Retirees holding the Golden Visa in Oman can enjoy secure residency with the ability to own property and have access to high-quality healthcare facilities.
Tax Benefits and Exemptions for Golden Visa Holders
One of the biggest advantages of the Golden Visa in Oman is its business-friendly tax policies. Oman does not impose personal income tax, making it an attractive destination for high-net-worth individuals and foreign investors.
- No Personal Income Tax: Golden Visa holders are exempt from personal income tax, allowing them to retain more earnings.
- Corporate Tax Exemptions: Businesses established in Oman Free Zones may qualify for tax holidays of up to 10 years.
- Custom Duty Exemptions: Investors importing machinery, raw materials, or equipment for business activities may be eligible for customs duty exemptions.
- No Capital Gains Tax: Profits from selling real estate investments or business shares are not taxed in Oman.
These financial benefits make Oman’s Golden Visa program one of the most tax-friendly options in the GCC region.
Eligibility Criteria for the Golden Visa in Oman
To qualify for the Golden Visa in Oman, applicants must meet specific investment, business, or residency-related criteria. Eligibility categories include:
Investors & Entrepreneurs
- Must invest a minimum of OMR 250,000 (for a 5-year visa) or OMR 500,000 (for a 10-year visa) in real estate, government bonds, or business ventures.
- Ownership of a business employing at least 50 Omani nationals may also qualify for a 10-year visa.
Real Estate Investors
- Must purchase property valued at OMR 250,000 or more for a 5-year visa.
- A 10-year visa is available for property purchases exceeding OMR 500,000.
Highly Skilled Professionals
- Professionals in specialized fields such as healthcare, engineering, IT, and finance may qualify if they hold executive roles in Oman-based companies.
Retirees
- Must be 60 years or older.
- Provide proof of at least two years of prior employment in Oman.
- Demonstrate a stable monthly income of at least OMR 4,000 through Omani bank statements.
Exceptional Talents
- Innovators, researchers, and distinguished individuals in fields like science, arts, and technology may qualify for the Golden Visa in Oman based on their contributions.
Residency Renewal Conditions and Stay Requirements
The Golden Visa in Oman is issued for 5 or 10 years, depending on the investment type. However, renewal is not automatic. Applicants must meet specific conditions to maintain their residency status.
- Minimum Stay Requirement: Golden Visa holders must reside in Oman for a certain number of days per year. Failing to meet this requirement can lead to visa cancellation.
- Investment Maintenance: The applicant must continue holding the qualifying investment (real estate, business, or government bonds) for the duration of the visa.
- Updated Financial Proof: For renewal, investors may need to provide updated financial documents proving their ability to sustain their investment.
- Background Checks: The renewal process includes criminal record verification and compliance with Omani laws.
Fast-Track Processing for High-Investment Applicants
Investors who contribute significantly higher amounts than the required threshold may qualify for fast-track visa processing.
- Applicants investing above OMR 1 million in real estate or business ventures may receive priority approval.
- High-net-worth individuals bringing in foreign direct investment (FDI) into Omani businesses could be eligible for accelerated residency permits.
- Certain categories, such as job creators and entrepreneurs establishing innovative startups, may be prioritized under Vision 2040 initiatives.
This preferential treatment encourages high-value investments and contributes to Oman’s economic diversification efforts.
Step-by-Step Process to Apply for the Golden Visa in Oman
Applying for the Golden Visa in Oman requires careful planning and document submission. Below is a step-by-step guide to ensure a smooth application process.
Step 1: Gather Required Documents
To start the process, prepare the following essential documents:
- Valid passport copy (with at least six months validity)
- Oman residency card (for current residents)
- Proof of investment or business ownership (title deeds, shareholding certificates, etc.)
- Bank statements (showing financial stability)
- Medical insurance policy
- Police clearance certificate (ensuring a clean criminal record)
- Employment contract or business registration documents (for professionals and investors)
- Retirement proof and income statements (for retirees)
Step 2: Submit the Application
Applicants can apply through the Ministry of Commerce, Industry, and Investment Promotion (MOCIIP) or the Royal Oman Police eVisa system.
Step 3: Pay the Application Fees
A non-refundable processing fee applies, which varies based on the visa category and residency duration.
Step 4: Background Verification & Inspection
Authorities will verify investment details, conduct background checks, and may inspect businesses or properties before final approval.
Step 5: Approval & Issuance of the Golden Visa
Once approved, the applicant will receive their Golden Visa in Oman, valid for 5 or 10 years, along with a residency card.
Step 6: Renewal Process
Golden Visa holders must ensure their investments remain valid and renew their residency permits before expiry.
Investment Options for the Golden Visa in Oman
There are multiple ways to qualify for the Golden Visa in Oman through investment:
- Real Estate Investment: Purchase property worth OMR 250,000 to OMR 500,000.
- Government Bonds: Invest a minimum of OMR 250,000 in Omani bonds.
- Business Establishment: Launch a company employing at least 50 Omani nationals.
- Company Shareholding: Hold substantial shares in an Omani company with a significant market presence.
Cost of Golden Visa in Oman
The cost of obtaining a Golden Visa in Oman varies based on the duration of the visa and the investment category under which the applicant qualifies. Below is a detailed breakdown of the costs associated with the Golden Visa in Oman:
Golden Visa for Investors
Investors who qualify under the real estate or business investment category need to meet specific financial requirements. The cost depends on the duration of the visa:
- 10-Year Golden Visa: OMR 500 (~USD 1,300)
- 5-Year Golden Visa: OMR 300 (~USD 780)
In addition to the visa cost, investment amounts required for eligibility include:
- OMR 250,000 (~USD 650,000) – Real estate investment
- OMR 500,000 (~USD 1.3 million) – Business investment
- OMR 500,000 (~USD 1.3 million) – Government bond investment
Golden Visa for High-Skilled Professionals & Exceptional Talent
For professionals, researchers, doctors, and entrepreneurs who apply for the Golden Visa based on expertise, the costs are:
- 10-Year Golden Visa: OMR 300 (~USD 780)
- 5-Year Golden Visa: OMR 200 (~USD 520)
Applicants must demonstrate high qualifications, work experience, and contributions to Oman’s economy to qualify under this category.
Golden Visa for Retirees
Foreign retirees who meet the requirements can apply for:
- 5-Year Golden Visa: OMR 200 (~USD 520)
To qualify, retirees must have a monthly pension of at least OMR 4,000 (~USD 10,400) and proof of financial stability.
Family Sponsorship & Dependents
Golden Visa holders can sponsor family members, but additional fees apply:
- OMR 150 (~USD 390) per dependent (for spouse, children, or parents).
Additional Costs
- Application processing fee: OMR 50 (~USD 130)
- Medical fitness test: OMR 30-50 (~USD 80-130)
- Document attestation & translation: OMR 20-50 (~USD 50-130), depending on the number of documents.
Comparison with Other GCC Golden Visas
Foreign investors often compare the Golden Visa in Oman with similar programs in the UAE, Saudi Arabia, and Bahrain. Here’s how it stands out:
| Feature | Oman | UAE | Saudi Arabia | Bahrain |
| Minimum Investment | OMR 250,000 (Real Estate) | AED 2 million | SAR 1 million | BHD 200,000 |
| Validity | 5 or 10 years | 10 years | 5 years | 10 years |
| Tax Benefits | No personal income tax | No income tax | Business tax benefits | No corporate tax |
| Property Ownership | Freehold in designated areas | Freehold for investors | Leasehold (foreigners) | Freehold in specific zones |
Oman’s Golden Visa program provides a lower investment threshold than the UAE and Saudi Arabia while offering strong tax advantages and business incentives.
Work and Employment Rights for Golden Visa Holders
The Golden Visa in Oman grants investors freedom to work, start a business, and sponsor employees. However, there are some conditions:
- Golden Visa holders can establish and operate businesses without needing an Omani work permit.
- They can sponsor foreign employees for their company.
- If working for another employer, they may need additional labor approvals from the Ministry of Labor.
- Self-employed visa holders do not require local sponsorship, giving them flexibility in entrepreneurial activities.
These employment rights make Oman an attractive destination for business-minded expatriates.
Best Real Estate Investment Zones for Golden Visa Holders
Golden Visa holders investing in real estate must choose properties in designated investment zones.
Top Freehold Areas for Expats
- Muscat Hills – Luxury apartments and villas close to the airport.
- Al Mouj (The Wave) – High-end waterfront community with marina access.
- Qurum – Well-developed residential and commercial district.
- Salalah Beach Resort – Popular for tourism-related investments.
Golden Visa holders can rent out properties, making real estate investments a lucrative passive income source.
Family Sponsorship Conditions and Limitations
A major benefit of the Golden Visa in Oman is the ability to sponsor family members, but there are some conditions:
- Spouse & Children: Automatically eligible under the primary applicant’s Golden Visa.
- Parents: Allowed if the applicant can prove financial support and accommodation.
- Extended Family: Requires special approval from the authorities.
- Domestic Workers: Can be sponsored under the household employment category.
By offering family sponsorship, Oman’s Golden Visa program supports a family-friendly residency environment.
Banking & Financial Services for Golden Visa Holders
The Golden Visa in Oman makes it easier for investors to access banking services, but financial institutions may have additional criteria.
- Golden Visa holders can open personal and business bank accounts with leading banks like Bank Muscat and Oman Arab Bank.
- They qualify for mortgages and business loans, with competitive interest rates for long-term residents.
- International investors may be eligible for multi-currency accounts, facilitating cross-border transactions.
Having access to Oman’s banking sector allows foreign investors to efficiently manage finances and expand businesses.
Exit Strategy & Visa Cancellation Rules
If an investor decides to sell their assets or exit the residency program, what happens?
- If an investor sells their real estate or business, they must reinvest within 6 months or risk visa cancellation.
- Visa holders moving to another country must officially cancel their Golden Visa to avoid legal complications.
- If an investor’s financial situation changes, they can apply for a waiver or downgrade to a lower residency category.
This structured exit plan provides investors with flexibility while maintaining Oman’s economic stability.
Alternative Investment Options for Golden Visa Eligibility
Apart from real estate and business investment, other qualifying options for the Golden Visa in Oman include:
- Technology Startups: Investments in Oman’s innovation sector under Vision 2040.
- Government Bonds: Long-term fixed-income investments to support the Omani economy.
- Tourism & Hospitality Projects: Oman encourages investments in eco-tourism and hotel developments.
- Industrial & Free Zone Business Setup: Investments in Duqm, Sohar, and Salalah Free Zones qualify for residency.
These diverse investment options make the Golden Visa in Oman accessible to a wide range of entrepreneurs and investors.
How to Get a Golden Visa in Oman?
Obtaining a Golden Visa in Oman involves a step-by-step process that requires fulfilling specific eligibility criteria, submitting necessary documents, and obtaining approval from the relevant authorities.
Determine Your Eligibility
Before applying, ensure that you meet the eligibility criteria under one of the following categories:
- Investors – Individuals investing in real estate, businesses, or government bonds.
- Entrepreneurs – Owners of startups or innovative businesses.
- High-Skilled Professionals – Experts in fields like medicine, IT, engineering, and research.
- Retirees – Individuals with a pension or financial stability proving long-term residency sustainability.
Each category has different investment and financial requirements, so it’s important to check which one suits your qualifications.
Meet the Financial Requirements
Applicants must fulfill the minimum investment requirements to qualify for the Golden Visa in Oman:
- Real Estate Investment – Purchase property worth at least OMR 250,000 (~USD 650,000).
- Business Investment – Invest a minimum of OMR 500,000 (~USD 1.3 million) in an Omani company.
- Government Bonds – Invest at least OMR 500,000 (~USD 1.3 million) in government-backed financial instruments.
- Retirees – Provide proof of a stable pension and bank savings to sustain living expenses.
Applicants must provide legal proof of their investments, such as real estate purchase deeds, company registration certificates, or investment agreements.
Gather the Required Documents
To apply for the Golden Visa in Oman, applicants must prepare and submit the following documents:
- Valid passport copy (with at least six months validity)
- Investment proof (real estate ownership, business investment, or government bond purchase)
- Bank statements (showing financial stability for the past six months)
- No criminal record certificate (issued by the home country and Oman)
- Medical fitness certificate (from an approved Omani health center)
- Health insurance policy (covering the applicant and dependents)
- Proof of address in Oman (rental contract or property deed)
Having these documents ready will speed up the application process and reduce the chances of rejection or delay.
Submit Your Application
Applicants can submit their Golden Visa application through:
- The Royal Oman Police (ROP) Online Portal
- The Ministry of Labour in Oman
- Authorized Government Service Centers
The application must be submitted with all the supporting documents and the relevant visa fees.
Pay the Golden Visa Fees
The cost of the Golden Visa in Oman varies depending on the visa duration:
- 10-Year Visa: OMR 500 (~USD 1,300)
- 5-Year Visa: OMR 300 (~USD 780)
- Retiree Visa (5-Year): OMR 200 (~USD 520)
- Dependent Sponsorship: OMR 150 (~USD 390) per family member
Applicants must make the payment through the official online portal or at the authorized visa center during submission.
Wait for Processing & Approval
After submitting the application, the authorities will:
- Verify the documents and conduct background checks.
- Review the investment details to ensure compliance with Oman’s regulations.
- Issue a notification for visa approval or request additional documents.
Processing times typically range from 4 to 8 weeks, depending on the investment category and completeness of the application.
Receive the Golden Visa & Residency Permit
Once approved, the applicant will:
- Receive the Golden Visa residence permit (valid for 5 or 10 years).
- Obtain an Omani residency card, allowing them to live, work, and invest in Oman without restrictions.
- Be eligible to sponsor family members for long-term residency in Oman.
The Golden Visa in Oman can be renewed as long as the applicant continues to meet the eligibility requirements.
Common Challenges & How to Overcome Them
Obtaining the Golden Visa in Oman can come with challenges such as complex documentation, investment requirements, and regulatory compliance. To overcome these, applicants should work with experienced consultants, ensure accurate paperwork, and stay updated on government policies. Seeking professional guidance can streamline the process and avoid delays.
Legal and Financial Documentation
Solution: Work with an Omani business consultant to ensure all paperwork is in order before submission.
Meeting Investment Thresholds
Solution: Consider partnering with financial advisors to explore investment opportunities that meet the visa requirements.
Delays in Processing
Solution: Apply well in advance and regularly follow up with authorities to track progress.
Property Ownership Restrictions
Solution: Ensure property purchases are made in designated investment zones to comply with visa rules.
Why Choose Oman for Residency?
Oman is an attractive destination for expatriates due to its stable economy, investor-friendly policies, high quality of life, and strategic location in the GCC. It offers political stability, modern infrastructure, and tax-friendly policies, making it ideal for long-term residency.
Conclusion
The Golden Visa in Oman is a game-changer for foreign investors, skilled professionals, and retirees looking for long-term residency with exclusive benefits. Whether investing in real estate, business, or government bonds, securing this visa provides stability, security, and business opportunities in Oman.
For those planning a smooth business setup or relocation, working with a trusted immigration consultant can help navigate the process efficiently. If you need assistance with visa applications, legal compliance, or investment guidance, consider partnering with Make My Company, a leading business setup company in Oman, for expert support.
By securing the Golden Visa in Oman, expatriates and investors can enjoy the thriving business environment, tax advantages, and high living standards that Oman offers.
Frequently Asked Questions (FAQs) About the Golden Visa in Oman
What is the Golden Visa in Oman?
The Golden Visa in Oman is a long-term residency program that grants 5-year or 10-year residence permits to investors, entrepreneurs, high-skilled professionals, and retirees who meet specific eligibility criteria.
Who is eligible for the Golden Visa in Oman?
Eligibility categories include:
- Investors (real estate or business investment)
- Entrepreneurs (owners of startups or innovative businesses)
- High-skilled professionals (doctors, engineers, researchers, IT specialists)
- Retirees (with proof of pension and financial stability)
- Exceptional talent (scientists, innovators, and high-profile experts)
How much does the Oman Golden Visa cost?
The cost depends on the visa duration and category:
- 10-Year Visa: OMR 500 (~USD 1,300)
- 5-Year Visa: OMR 300 (~USD 780)
- Retiree Visa (5-Year): OMR 200 (~USD 520)
- Dependent Sponsorship: OMR 150 (~USD 390) per family member
What are the investment requirements for the Oman Golden Visa?
- Real Estate Investment: Minimum OMR 250,000 (~USD 650,000)
- Business Investment: Minimum OMR 500,000 (~USD 1.3 million)
- Government Bond Investment: Minimum OMR 500,000 (~USD 1.3 million)
Can foreigners buy property in Oman to qualify for the Golden Visa?
Yes, foreign investors can buy property in designated areas approved by the government. The property must be worth at least OMR 250,000 (~USD 650,000) to qualify for the Golden Visa in Oman.
How long does it take to process a Golden Visa application in Oman?
The processing time varies but generally takes 4-8 weeks, depending on document verification, background checks, and investment approvals.
Can Golden Visa holders work in Oman?
Yes, Golden Visa holders can live, work, and do business in Oman without the need for a separate work permit. However, they must comply with Omani labor laws.
Can I sponsor my family under the Oman Golden Visa?
Yes, Golden Visa holders can sponsor their spouse, children, and parents for residency in Oman. A dependent visa fee of OMR 150 (~USD 390) per family member applies.
Can I apply for Omani citizenship with a Golden Visa?
The Golden Visa does not grant citizenship directly. However, long-term residents may be eligible for Omani nationality after 20+ years of residency, subject to government approval.
What happens if my Golden Visa expires?
Golden Visa holders must renew their visa before it expires. The renewal process includes re-submitting updated financial statements, medical reports, and other necessary documents.
What are the tax benefits for Golden Visa holders in Oman?
Oman has no personal income tax, no wealth tax, and low corporate tax rates, making it an attractive destination for investors and entrepreneurs.
Can a Golden Visa holder travel freely within the GCC?
While the Golden Visa in Oman grants long-term residency, it does not provide automatic GCC-wide travel privileges. However, visa facilitation agreements may allow easier access to some GCC countries.
Can I apply for the Golden Visa online?
Yes, applicants can apply online through the Royal Oman Police (ROP) portal or Ministry of Labour, where they can upload documents and track the status of their application.
Is health insurance required for the Golden Visa in Oman?
Yes, health insurance is mandatory for Golden Visa applicants and their dependents to ensure access to medical care in Oman.
What are the key documents required for a Golden Visa application?
- Valid passport copy
- Proof of investment (real estate, business ownership, or government bonds)
- Bank statements (showing financial stability)
- Medical fitness certificate
- No criminal record certificate
- Health insurance policy
