The Golden Visa programme was launched on 31 August 2025, aligning with a broader framework of economic and digital reforms. These efforts aim to support high-performing local firms and create a more investor-friendly business environment, as part of Oman’s Vision 2040 strategy.
Two-Tier Investment Framework
Oman offers two main residency tiers under the Golden Visa scheme. The first tier provides a 10-year residency for those investing at least OMR 500,000 (approximately USD 1.3 million) in areas such as real estate, government bonds, or by establishing a business that employs at least 50 Omani nationals. This visa is renewable and comes with a fee of OMR 551.
The second tier offers a 5-year residency to investors who contribute OMR 250,000 (around USD 650,000) in business assets or real estate. Retirees with a fixed monthly income of OMR 4,000 may also qualify. This visa can be renewed every five years and has an application fee of OMR 326.
Benefits for Visa Holders and Their Families
Golden Visa holders can include their spouse, children, and in some cases, first-degree relatives. They are entitled to fast-track airport services and can own property in designated freehold zones. Most importantly, they can live, work, study, and conduct business in Oman without the need for a local sponsor. These benefits aim to create a sense of long-term stability and belonging for investors and their families.
Oman’s Place Among Gulf Golden Visas
Oman’s launch follows similar initiatives in neighbouring Gulf countries. The UAE has led the way since 2019, offering a broad and flexible Golden Visa programme. Saudi Arabia and Bahrain also have long-term residency options, though with varying criteria and investment thresholds. Oman’s entry point of approximately USD 520,000 positions it as a competitive and accessible option in the region, particularly for investors looking for long-term certainty and regulatory clarity.
Complementary Reforms Strengthening the Ecosystem
Alongside the Golden Visa, Oman introduced additional reforms to enhance its investment ecosystem. The ‘Al Majida Companies’ initiative recognises high-performing local businesses and rewards them with incentives based on factors such as governance, revenue, exports, and Omanisation.
The government also launched a digital platform to enable seamless transfer of commercial registration ownership, initially focusing on sole proprietorships. Moreover, Oman continues to engage in strategic collaborations across industries including sustainable construction, technology, and education.
Why This Matters
The Golden Visa is more than just a residency permit. It signals Oman’s commitment to welcoming foreign investors and fostering economic diversification. The programme not only improves investor confidence but also boosts regional competitiveness. By streamlining processes and introducing forward-looking policies, Oman is positioning itself as a stable and attractive destination for long-term capital and innovation.
