MUSCAT: Oman will grant long-term residency to expat investors for a period of 5 and 10 years, starting from September, Ministry of Commerce, Industry and Investment Promotion said on Wednesday.
The process will be activated through the ministry’s Investment Services Center via online after completing all the procedures related to the project.
In March this year, His Majesty Sultan Haitham Bin Tarik had approved the plan to offer long term visa status to expat investors as part of the economic stimulus package.
Read More
- Oman’s historic Rustaq gets a modern makeover with major development projects
- 300,000 visitors flock to Oman’s Al Jabal Al Akhdar Festival 2026
- Indian expat airlifted to hospital after road accident in Oman
- Truck carrying steel coils triggered deadly 15-vehicle Samail crash: Royal Oman Police
- Global experts to gather in Oman to combat water and climate challenges
According to the Ministry, the long-term residency can be renewed after its expiry, while “adhering to the procedures and controls regulating this, in addition to supporting integrative efforts to enhance the investment environment in the Sultanate and attract qualitative investments according to clear controls,” the statement from the Ministry said.
Liked this story? We’ll send you more. Subscribe to TAS newsletter and get stories delivered to your inbox. Click to get started.
