Have Any Questions?

+91-8595338595

Post Views: 148

Oman to Launch Golden Visa Programme on August 31, Offering Long-Term Residency for Investors

Oman to Launch Golden Visa Programme on August 31, Offering Long-Term Residency for Investors

Oman to Launch Golden Visa Programme on August 31, Offering Long-Term Residency for Investors

Oman will officially launch its Golden Visa programme for investors on August 31, a move designed to attract foreign capital, boost economic diversification, and strengthen the country’s position as a global investment hub.

The announcement was made by the Ministry of Commerce, Industry and Investment Promotion, which also unveiled reforms to modernise trade and support high-performing Omani companies.

Immigration Consultants in India

What the Golden Visa Offers

  • Long-term residency rights for investors
  • Greater business security and growth incentives
  • Opportunities for entrepreneurship in Oman’s expanding economy
Officials said the initiative mirrors similar programmes in the UAE and Saudi Arabia, providing investors with stability and long-term confidence in the region.

Support for High-Performing Omani Firms

Alongside the visa programme, the government will introduce the “Al Majida Companies” initiative.
  • Targets Omani businesses with strong domestic and international performance
  • Offers incentives to expand and create jobs
  • Aims to boost economic growth and build globally competitive enterprises

Digital Trade Reforms to Streamline Business

The ministry also announced the launch of a service for the electronic transfer of commercial registrations via the “Oman Business” platform.
  • Cuts processing time and costs
  • Enhances transparency and efficiency
  • Aligns with Oman’s push towards a fully digital trade environment

Collaborative Growth for Key Sectors During the launch event in Salalah, cooperation agreements will be signed with Sultan Qaboos University, the German University of Technology, the Oman Energy Association, and Ebinaa. These partnerships aim to:
  • Foster innovation and technology transfer
  • Strengthen Oman’s construction sector
  • Build skilled talent for future projects

Why It Matters

With Gulf nations competing to attract global investors, Oman’s Golden Visa programme is a strategic step to ensure long-term capital inflow while supporting local enterprises and modernising trade processes.