Oman Golden Visa: Your Gateway to Long-Term Residency
Golden Visa is a new economic strategy of modern investment options. Many countries are now offering golden visas. Recently, Bahrain announced their golden visas; now it is the time for Oman. The Omani government recently launched its revamped long-term residency program. The Oman Golden Visa, also known as the Oman Golden Residency, is a special design for foreign investors and talents to the Sultanate. This program is a clear signal of Omanβs commitment as a global investment hub. Letβs understand this new Oman Investment Residency Program.
Benefits of the Oman Golden Residency
The Oman Residency by Investment program is a long-term visa which provides a pathway to a stable life. The benefits are substantial and designed to support you and your family. Here are the key benefits of the Oman golden visa.
Long-Term Residency: The core benefit is a renewable residency permit for either five or ten years. It provides you with a long-term stay. You do not need a local sponsor.
Family Inclusion: During application time, you can include your spouse, children, and dependent parents, which allows you and your family to live, work, and study in Oman.
Full Business Ownership: If you get the golden visa, then you have the right to full business ownership in Oman. It is a major incentive for entrepreneurs and investors who want to set up or expand their ventures in the region.
Property Ownership: You can own a single property outside of designated Integrated Tourist Areas (ITAs) for residential, commercial, or industrial purposes.
Access to Services: Under this residency visa, you can access Omanβs high-quality healthcare and education systems. Furthermore, you have the right to work or engage in economic activities.
Ease of Travel: You can enjoy multiple entries at airports and the ability to issue visitor visas for your relatives.
Oman Golden Visa Eligibility and Requirements
Eligibility for the Oman Golden Visa 2025 is primarily based on some parameters. It includes specific financial and investment thresholds. The program is divided into two main tiers: a 5-year and a 10-year visa. Each has its own set of Oman Golden Visa minimum investment requirements.
| Visa Tier | Investment Amount (Oman Golden Visa minimum investment) | Qualifying Investment | Duration & Fee | Application Fees |
|---|---|---|---|---|
| 5-Year Golden Visa | Minimum of OMR 250,000 (~$650,000 USD) | Investment in an Omani limited liability company (LLC) or a public joint-stock company. Purchase of a single property in the Sultanate. Purchase of government bonds (with a remaining duration of at least 2 years). Residency for retirees with a fixed monthly income of at least OMR 4,000. | 5 years, renewable. | Application fee: OMR 326. |
| 10-Year Golden Visa | Minimum of OMR 500,000 (~$1.3 million USD) | Investment in an Omani LLC, public joint-stock company, or government bonds. Purchase of a single property in the Sultanate. Establishing a company that employs a minimum of 50 Omani nationals | 10 years, renewable. | Application fee: OMR 551. |
In addition to the investment criteria, all applicants must meet a few general requirements, which include:
- Being over the age of 21.
- Having a clean criminal record.
- Possessing sufficient funds to support yourself and your dependents.
Oman Golden Visa Application Process
The Oman Golden Visa application process is very simple. You can apply for the visa via the designated portal. While the exact process may vary slightly according to investment perspective, it generally follows these steps:
1. Preparation of Documents: Before you begin, you need some documents. The most common documents for the Oman golden visa include:
A valid passport copy for all applicants (main applicant and family).
Proof of the qualifying investment like bank statements, property deed, company registration documents.
A no-criminal-record certificate from your country of residence.
Proof of sufficient funds to support your stay.
Other personal identification documents as requested.
2. Application Submission: You can submit applications through the official government portal: Invest Oman platform, managed by the Ministry of Commerce, Industry and Investment Promotion. First, create an account and fill out the online application form, then upload all the necessary documents.
3. Screening and Review: Once submitted your application will be screened and reviewed by the relevant authorities. They will check your investment, personal background and all requirements. This may include security checks and due diligence.
4. Approval and Biometrics: If the authority approves your application, you will be notified. If you are abroad, you will receive an entry permit to travel to Oman. Once in the country, you will need to do a biometric scan (fingerprints, photo) to complete the process.
5. Residence Card Issuance: After biometric data is collected and verified, your official Oman Golden Residency card will be issued. This card is your long-term residence permit. With this card, you can enjoy all the benefits.
