Oman today_ Oman will implement its new “Golden Visa” program for investors starting August 31. This initiative is part of the government’s broader efforts to position the Sultanate as a global investment hub and accelerate the digitalization of commerce. At the same time, the “Al Majida Companies” initiative will be launched to support high-performing Omani businesses.
A new digital service for online transfer of commercial registrations via the “Oman Business” platform will also be introduced, streamlining and simplifying the process.
The Golden Visa allows investors and their families—including spouses, children under 25, and dependent parents—to live, work, and study in Oman without the need for a local sponsor. The visa is issued for five or ten years and is renewable.
Who is eligible?
Individuals who purchase property, own a company, or invest in sectors such as real estate, information technology, renewable energy, and tourism are eligible. Visa holders are also entitled to full ownership rights of their businesses.
The program offers additional benefits, including tax exemptions, property ownership in freehold areas, and access to high-quality healthcare and education.
The Director General of Planning at the Ministry stated, “The Golden Visa combines legal reforms with ongoing support for local companies to create a sustainable business environment.”
The Ministry also highlighted that, together with the new digital platform, the program will reduce time and operational costs for businesses, while increasing transparency and simplifying administrative processes.
During the inauguration ceremony in Salalah, cooperation agreements will be signed with leading institutions, including Sultan Qaboos University, the German University of Technology, the Oman Energy Association, and Abena. The main goal of these collaborations is to leverage academic expertise and private sector capabilities to drive innovation and growth, particularly in Oman’s construction industry.