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Expat investors in Oman can renew residence permits electronically: Ministry

TAS News Service

info@thearabianstories.com

Thursday, June 4, 2020

MUSCAT: Residence permits of expat investors can be renewed electronically through Ministry of Commerce and Industry (MOCI).

In the wake of coronavirus outbreak in the country, the government had stopped services including renewal of investor permits. However, in a statement issued on Wednesday, MOCI said expats whose residence permits have expired can send the relevant documents through email for renewal.

“The Ministry of Commerce and Industry in coordination with the Ministry of Manpower and the Royal Oman Police (ROP) will receive the applications for renewal of the residence permits of foreign investors electronically (via e-mail) to reduce the spread of the coronavirus and to facilitate the continuation of work of institutions and companies,” the statement said.

MOCI will review and audit the documents of the institution or company and transfer them to the competent authorities after completing all the formalities.”

The Ministry said, “Investors wishing to renew the permits must attach a number of documents in their email to the Audit and Control of Commercial Establishments at the ‪Ministry.Audit.c@moci.gov.om.”‬

According to MOCI, the attached documents should include the annual budget or a recent financial statement approved by an accounting office, a bank account statement for a period of no less than 6 months of the company, lease contracts and municipal licences for effective activities, as well as a statement of social insurance and a statement of the expatriate workforce.

“In addition, a copy of the passport, residence permit and investor card and a statement of transfer of wages for all employees for the last 3 months,” the statement added.

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