MUSCAT:  Oman has rolled out a 10-year Golden Residency Visa program for foreign nationals, aiming to strengthen its economy in line with Vision 2040.

The scheme targets foreign investors, skilled professionals, and their families, encouraging them to bring in capital, create jobs, and support technology transfer. Officials described the program as a strategic move to boost private sector growth, generate employment, and attract global expertise.

Minimum Investment Requirement:

To qualify, investors must put in at least 200,000 Omani Rials (about USD 520,000). Successful applicants will receive a renewable 10-year residency permit covering not only the main investor but also their spouse, children, and close relatives—with no limit on age or number of dependents.

Mubarak bin Mohammed Al-Douhani, Director General at the Ministry of Planning, said the Golden Visa and related reforms promise long-term stability and fresh opportunities for investors while giving local businesses room to expand.

The move places Oman alongside Gulf neighbors like the UAE and Saudi Arabia, which have already launched similar residency initiatives to attract foreign investment and reduce reliance on oil.

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