In Sept. 2021, certain foreign investors will be eligible to obtain long-term residence visas in Oman. The Ministry of Commerce, Industry and Investment Promotion in Oman...
Key Points
- The Ministry of Commerce, Industry and Investment Promotion of
Oman released plans for the Investment Residency Programme (IRP),
which will take effect in Sept. 2021.
- The IRP will provide five and ten-year renewable long-term
residency visas to foreign investors who contribute to vital
sectors of the local economy, such as tourism, real estate,
education, health, information and technology.
- The long-term residency scheme was created out of the Oman
Vision 2040 government program to boost the economy and create more
employment opportunities.
- Eligibility criteria for these visas has not been provided yet,
but it will be announced soon.
Overview
In Sept. 2021, certain foreign investors will be eligible to
obtain long-term residence visas in Oman. The Ministry of Commerce,
Industry and Investment Promotion in Oman has announced plans for
the Investment Residency Programme which will provide five and
ten-year renewable visas to eligible
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