Oman has always done things its own way... Quiet, steady, and without all the noise. But that’s changing fast, especially with its Golden Visa program gaining serious momentum among global investors.
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While other countries in the region have shouted their residency programs from the rooftops, Oman took a more understated approach. But now, with ambitious redevelopment plans, especially in the southern hotspot of Salalah, the country is stepping into the spotlight. And it's got all the right elements to become a new favorite for high-net-worth individuals looking for a fresh, peaceful lifestyle with strong investment potential.
Salalah’s Massive Makeover Is a Game Changer
Salalah has long been a tourist favorite, known for its lush green landscapes and cooler monsoon weather. Now, it’s being reimagined. A major redevelopment plan is underway, opening the doors for long-term property investments and a chance to live in one of the most unique destinations in the Gulf.
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What Are Oman’s Golden Visa Options?
Oman currently offers two types of Golden Visas to foreign investors:
1. 5-Year Residency Visa (Renewable)
- Minimum investment: OR250,000
- Investment can be made in real estate, a limited liability company (LLC), or a public joint stock company.
- Retirees can also qualify if they earn a fixed monthly income of at least OR4,000.
2. 10-Year Residency Visa
- Minimum investment: OR500,000
- Options include real estate, LLCs, or public joint stock companies.
- Alternatively, investors can set up a company employing at least 50 Omanis, with no minimum capital required.
- Government bond deposits are also accepted.
- Applicants must be 21 or older and must not have any prior deportation orders from Oman.
All applications go through the Ministry of Commerce, Industry, and Investment Promotion, with final approvals handled by the Royal Oman Police.
Oman's Property Market Is Heating Up
Thanks to the Golden Visa program, Oman’s property market is seeing a new wave of interest, especially in places like Salalah and Muscat. New projects are launching, and international buyers are eyeing long-term stays in the country.
“Foreigners can own freehold properties in Integrated Tourism Complexes (ITCs),” explains Aakarshan Kathuria, CEO of RiseUp. “These come with residency rights for the buyer and their immediate family.”
He adds that while Oman’s property market is still developing, it offers solid rental returns of 5 - 8%, though the resale market isn’t as fast-paced as Dubai or Abu Dhabi. It’s a better fit for investors looking for stable, long-term income rather than quick flips.
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3 Real Estate Projects to Watch
Here are some of the standout real estate developments gaining investor attention:
- Al Mouj Muscat - A premium waterfront community with villas and apartments. Prices range from OR500,000 to OR2 million.
- Jebel Sifah - A coastal resort area just 45 minutes from Muscat. A 3-bedroom villa is listed at around OR212,000.
- AIDA Project - Nestled between the mountains and the sea, with starting prices from OR128,000.
Why Oman?
If you’re looking for a place that’s peaceful, welcoming, and full of natural beauty, without the crowds, Oman might just be your next move. With its expanding Golden Visa program, booming property market, and a major push to attract foreign investment, the Sultanate is quietly transforming into a serious contender on the global investment map.
Whether you're after a lifestyle upgrade, a stable rental income, or a long-term base in the Gulf with a different vibe, Oman is now officially on the radar.