Oman’s New Golden Visa Opens Doors to Business Ownership and Long-Term Residency

Oman has officially launched its revamped Golden Visa program, offering long-term residency and expanded business ownership rights to foreign investors, entrepreneurs, and skilled professionals. The move marks a significant step in the Sultanate’s efforts to attract global talent, diversify its economy, and position itself as a competitive investment hub in the Gulf region.

Under the new visa framework, eligible individuals can secure residency permits ranging from 5 to 10 years, with options for renewal. For the first time, Golden Visa holders will also be allowed full business ownership without the need for an Omani sponsor a major shift aimed at simplifying the investment process and encouraging foreign direct investment (FDI).

The criteria to qualify vary based on the type of applicant. Investors must meet a minimum capital threshold in local businesses or real estate, while highly skilled professionals such as doctors, engineers, researchers, and tech experts must present proof of qualifications, experience, and a contract with an Omani entity. Additionally, certain visa tracks will extend benefits to spouses and children, offering families long-term security.

Officials from Oman’s Ministry of Commerce, Industry and Investment Promotion noted that the Golden Visa is a core pillar of the country's Vision 2040 economic roadmap, aimed at creating a more knowledge-based and diversified economy. The government hopes the new visa scheme will not only bring in fresh capital but also encourage innovation, entrepreneurship, and job creation for locals.

The launch of the Golden Visa follows similar initiatives across the Gulf region, but Oman’s version stands out for its streamlined process, lower entry thresholds, and inclusive residency options. The application portal is now open via the Invest Easy platform, with early interest already high among investors in real estate, tourism, logistics, and technology.

As Oman opens its doors wider to global talent and capital, the Golden Visa is poised to reshape the nation’s economic landscape, fostering stronger international partnerships and sustainable long-term growth.