Oman to Launch Golden Visa on August 31, 2025: Get 10-Year Residency, Full Business Ownership & Tax Perks

Oman is gearing up to introduce a golden visa program for investors on August 31, 2025. This initiative aims to draw global investments and speed up the nation's digital shift in commerce. The program is part of broader efforts, including support for high-performing local companies and reforms to simplify business processes.

Oman To Introduce Golden Visa Program

The golden visa offers investors renewable residency permits for five or ten years. It allows them, their spouses, children under 25, and dependent parents to live, work, and study in Oman without needing local sponsorship. Investors can qualify through real estate purchases, company ownership, or capital investment in key sectors like real estate, IT, renewable energy and tourism.

Golden Visa Benefits

Visa holders enjoy full business ownership rights along with tax exemptions and property ownership in freehold zones. They also gain access to quality healthcare and education. This positions Oman as a stable, business-friendly destination aligned with its Vision 2040 plan for economic diversification.

The golden visa program reflects Oman's strategy to establish itself as a global investment hub. Mubarak bin Mohammed Al Douhani from the Ministry of Commerce highlighted its role in fostering a sustainable business environment by merging regulatory reforms with sustained support for local firms.

Alongside the visa program, Oman will launch a digital platform for electronic transfer of commercial registrations. This marks a significant step toward a complete digital trade ecosystem. The system aims to save time and reduce operational costs for businesses while promoting transparency and easier administration.

The launch event in Salalah will include signing cooperation agreements with institutions like Sultan Qaboos University and the German University of Technology. These collaborations aim to harness academic expertise and private sector strengths to fuel innovation in Oman's construction industry.

The golden visa aligns closely with Oman's Vision 2040 strategy, which focuses on reducing reliance on oil and expanding the non-oil economic base. The government aims to decrease oil's GDP share by 15% by 2030 and further by 18% by 2040. Investments are directed into logistics, manufacturing, real estate, IT, renewable energy, and tourism-sectors identified for sustainable growth.

These reforms enhance private sector participation, generate employment for Omani nationals, and support ongoing efforts to digitize business services. This ensures a more resilient national economy.

Regional Golden Visa Schemes in Oman

Oman's golden visa rollout positions it alongside other Gulf nations implementing similar long-term residency schemes to attract capital and talent. Through the Invest Oman platform, Oman offers two investment residency tiers, a 10-year visa for investments of at least 500,000 OMR (approx. $1.3 million USD) or establishing a company employing at least 50 Omani nationals; a 5-year visa requires an investment of 250,000 OMR (approx. $650,000 USD).

Expatriates wishing to retire in Oman can apply for a 5-year residence permit by demonstrating a fixed monthly income of 4,000 OMR (approx. $10,400 USD). The retirement visa fee is 326 OMR (approx. $845 USD).