Oman today_ Qais bin Mohammed al Yousef, Oman’s Minister of Commerce, Industry, and Investment Promotion, announced a 16.2% growth in Foreign Direct Investment (FDI) by Q3 2024. He highlighted that favorable regulations, tax exemptions of up to 30 years, full foreign ownership, and customs duty waivers in free zones are the primary drivers of this increase.
The “Invest in Oman” pavilion, serving as an integrated service center, provides comprehensive support to investors at all stages. Additionally, the Investor Residence Programme offers renewable residence permits for 5 to 10 years for investors and their families.
With growing trade and investments, Oman is emerging as a prominent destination for sustainable economic opportunities.
Oman: An Attractive Destination for Foreign Investors with Special Incentives
