Oman’s 10-year Golden Visa: Who is eligible and how much does it cost

Oman had introduced a long-term golden residency program on August 31, to attract foreign investors and skilled professionals as part of its Vision 2040 reforms. According to a Gulf News report, the programme was announced at the ‘Sustainable Business Environment’ forum in Salalah and offers residency of up to 10 years for eligible applicants.

Two-tier Golden Visa program
The golden visa is divided into two tiers:

• Under Tier One, a 10-year residency requires an investment of at least 500,000 Omani riyals through a company, government bonds, or real estate. Applicants may also qualify by creating a business employing 50 Omani nationals. The visa fee is 551 riyals and is renewable.
• Tier Two grants a five-year residency for a minimum investment of 250,000 riyals in a company or property, at a cost of 326 riyals. Retirees can also apply by showing a fixed monthly income of 4,000 riyals.

Who is eligible for the Golden Visa
The programme covers spouses, children, and first-degree relatives of the applicant without restrictions on age or number.

Applicants must be at least 21 years old, have valid health insurance, and cannot claim Omani citizenship unless eligible under existing laws.

Officials highlighted that the programme is designed to encourage knowledge transfer, support private enterprise, and position Oman as a competitive destination for international investors, as per the Gulf News report. By offering longer-term security, the government expects to enhance investor confidence and increase capital inflows, especially in real estate, corporate ventures, and employment-generating sectors.

The golden visa initiative aligns with broader reforms aimed at reducing dependence on oil revenues and expanding economic opportunities across Oman. It also brings the sultanate in line with other Gulf states offering long-term residency programmes to foreign professionals and business owners.