MUSCAT: Dr. Shamsheer Vayalil, the man who founded the region’s largest healthcare groups is
the among the first 22 investors to be granted long-term residency in Oman.
Dr Shamsheer, chairman and managing director of VPS Healthcare that runs Burjeel Hospital in Oman received the residency card from His Excellency Qais Bin Mohammed Al Yousef, Minister of Commerce, Industry and Investment Promotions.
22 expat investors of different nationalities received Oman’s first long-term residency card on Wednesday.
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The Ministry of Commerce, Industry and Investment Promotions on Wednesday revealed the details of obtaining long-term residency for expat investors in Oman.
The duration of the long-term residency is for 10 and five years subject to extension according to clear controls and procedures. Starting from October 3, expat investors can submit applications through the portal of the Ministry to obtain long term residency.
