In a move to attract foreign investors and skilled workers, Oman has launched its new 10-year Golden Residency programme. The long-term visa is part of the country Vision 2040 reform plan which focuses on boosting the private sector and creating jobs.
Under the scheme, foreigners who invest at least 200,000 Omani rials (around $520,000) can apply for a renewable 10-year residency. The permit covers spouses, children and first-degree relatives without restrictions on age or number.
Benefits for Golden Visa Holders
- Fast-track airport services
- Right to employ up to three domestic workers
- Permission to own one property outside designated tourism complexes
How to Qualify
Applicants can become eligible through seven routes:
- Setting up a company worth RO200,000 or more
- Buying property in an integrated tourism complex
- Purchasing government bonds with at least two years maturity
- Investing in listed equities of RO200,000 or more
- Keeping a five-year bank deposit of RO200,000
- Owning a company with at least 50 Omani employees and RO200,000 in capital
- Being nominated under the Foreign Investment Law
READ MORE: Austria Job Seeker Visa 2025: A Guide for Skilled Professionals
Other Initiatives Announced
At the same event, the government launched the “Distinguished Companies” initiative to reward local firms excelling in governance, efficiency, and economic contribution. Authorities also introduced a digital service for transferring commercial registration ownership through the Oman Business Platform, beginning with sole proprietorships.
To promote the new visa internationally, Oman has partnered with Alam Al Hijrah, a government-accredited migration consultancy with outreach in more than 60 countries.
The new plan lowers the earlier minimum investment requirement of RO250,000, putting Oman in direct competition with neighbouring Gulf states offering similar long-term visas.
