Oman Golden Visa: A Strategic Pathway for Indian Investors

Oman set up two investment residency programs to attract foreign investors and entrepreneurs, with a duration of 5 and 10 years each, renewable upon satisfaction of certain conditions. The programs intend to enhance economic diversification across Oman and place it as a competitive investment hub in the Gulf area.

Investment Options and Eligibility

Tier One (10-Year Residency):

Investment Options:

At least OMR 500,000 (approximately ₹1.1 crore) needs to be invested in an LLC, a public joint-stock company, or government bonds.
Purchase real estate for a value of OMR 500,000 or upwards.
Register a company that employs at least 50 Omani nationals.

Residency Details:

Validity: 10 years. Extendable.
Application Fee: OMR 551 (approximately ₹1.3 lakh).

Tier Two (5-Year Residency):

Investment Options:

Invest a minimum of OMR 250,000 (Rs. 57.5 lakhs approx.) in a limited liability company or public joint-stock company.
Purchase a property priced at OMR 250,000 or more.
Challenge Messrs., Expatriate workers residing in Oman shall produce evidence that they have a fixed monthly income of not less than OMR 4,000 (Rs. 920 thousand approx.).

Residency Details:

Period: 5 years, renewable.
Processing Fee: OMR 326 (Rs. 76,000 approx.).

Benefits of Oman’s Golden Visa

Long-Term Residency: Secure permanent and stable residence in Oman.
Family Inclusion: Ability to sponsor residency for family members.
Business Opportunities: Engage in some business or investment in Oman.
Economic Stability: Enjoy the benefits of Oman’s pro-business environment and its efforts in economic diversification.

To Summarize

Oman Golden Visa schemes offer promising opportunities for foreign investors from India to obtain long-term residency status while opening up business opportunities in the Gulf. Through these schemes, Oman presents attractive investment criteria and a stable economic condition, positioning itself as an excellent choice of location for the international investor.

Take the First Step with Abhinav Immigration Services

Navigating the Golden Visa route is not without its challenges. Abhinav Immigration Services provides services for Indian investors wishing to avail themselves of residence opportunities in Oman. From familiarizing you with eligibility criteria through assisting with the actual application process, our team ensures that your journey is free of roadblocks and ends in success. Contact us today so we can begin your journey into residency in Oman!