NEWS FROM THE ARAB WORLD Foreign Investors Residency Permit in the Sultanate of Oman

NEWS FROM THE ARAB WORLD

Foreign Investors Residency Permit in the Sultanate of Oman

The Ministry of Commerce, Industry and Investment Promotion of Oman announced the “Investment Residency Programme”.

Based on this programme, foreign investors and retirees will have the right for long resident at the sultanate according to Oman agency.

As indicated by the Ministry, this program will take effect in Sept. 2021, electronically, through the services centre of the ministry, subject to the completing procedures related to this program. The aim of this program is to facilitate residence for those who invest in the Sultanate for 5 to 10 years with the possibility to renew according to the procedures and regulations in this regard. This program aims at enhancing and boosting selected type of investments to the Sultanate of Oman.