Oman Golden Visa

Oman is a rapidly developing economy with diverse investment opportunities. In recent years, the government has taken significant steps to make the country more open and attractive to foreign investment and talent, and a key part of this effort has been introducing the Oman Golden Visa programme in 2021.

The visa offers long-term residency options, catering to investors, entrepreneurs, skilled professionals, and retirees. Unlike traditional residency permits that require renewal every 1-2 years and are tied to employment, the Oman Golden Visa offers 5 or 10-year residency options independent of employment status. The programme stands out from others globally because of the variety of investment types it allows, including real estate, government bonds, and business ownership, providing multiple pathways for eligibility - making it an attractive option for a diverse range of individuals.

Contact Us

Interested In

Country of Residence*

Comments

Please enter a message

I'd like to receive news and updates

I have read and understood the Terms and Conditions, Privacy Policy and Cookie Usage Policy of this website.

Please leave this field blank

For a FREE company formation guide click here

Eligibility for the Oman Golden Visa

The base eligibility criteria for the Oman Golden Visa:

Be over the age of 21
Have no criminal record
Have sufficient funds to support yourself and your dependents
No restrictions on foreign nationality

Assuming you meet these initial requirements, you can choose from the following three investment options:

Invest in a property in Oman – Personal or Business

Specific requirements for the Oman Golden Visa

There are two types of available visas, either a 5-year (Silver Visa) or a 10-year (Golden Visa) option, with the investment criteria differing slightly.

5-Year Golden Visa (Silver Visa)

To qualify for a 5-year Golden Visa (often referred to as the Silver Visa):

• Invest in bonds issued by the Omani government - OMR 250,000 minimum. (Must have a remaining duration of at least 2 years).
• Property investment of at least OMR 250,000 in value.
• Invest in an Omani business ¬ OMR 250,000 minimum.

Retirees/ pensioners can also apply if they meet the following conditions:
• Must be at least 60 years old at the time of application.
• At least two-years employment in Oman.
• Provide a bank statement from an Oman-based bank for at least six months, showing a minimum monthly income of OMR 4,000.
• Submit a residential lease or property deed in the applicant's name.

10-Year Golden Visa

For the 10-year Golden Visa, the requirements are as follows:

• Set up a business in Oman with at least 50 Omani national employees (requires no minimum investment)
• Own shares in a public or closed joint-stock company with a market value of at least OMR 500,000 at the time of purchase.
• Property investment worth a minimum of OMR 500,000.
• Invest at least OMR 500,000 in an Omani-based LLC, closed joint-stock company, or government bonds. (If purchasing government bonds, the remaining duration of them must not be less than 2 years)

Document for the Application

The documentation requirements will vary slightly depending on the specific category of the Golden Visa you are applying for, but typically, you’ll be expected to provide the following as a minimum:

Documents verifying investment in bonds, real estate, or business ownership.
Passport copies and other personal identification documents such as a national ID card or driver's licence.
Evidence of employment or business operations, for example, employment contracts, business registration documents, or business licences.
Bank statements or other proof of income showing sufficient financial means.
Lease agreement or property deed as proof of residence.

Application process

Collect all required documents as per the visa category
Apply through the official Omani government portal (Invest in Oman) or the relevant immigration office.
Authorities will review your application and documents. This process includes checks on your investment details, personal background, and compliance with the programme requirements.
Some applicants may be required to attend an interview or provide additional information.
Upon approval, receive your Golden Visa, granting long-term residency in Oman.

Costs Associated with Oman's Golden Visa

As well as the investment requirement, you’ll also need to factor in application fees which generally amount to OMR 50 to OMR 100, and other additional expenses such as legal and administrative fees and the costs associated with obtaining healthcare and insurance.

The Oman Golden Visa offers a unique opportunity for investors, entrepreneurs, skilled professionals, and retirees to secure long-term residency in a rapidly developing and strategically located country. With diverse investment options, straightforward requirements, and a welcoming environment, this programme is an ideal way to establish a foothold in one of the Middle East's most promising markets.

Obtaining a Golden Visa in Oman could be advantages for your business, investment and long-term residency goals in the GCC region. If you require assistance with obtaining a Golden Visa, Partner Visa and PRO support in Oman, then contact us via the form below and we would be delighted to assist.