Oman will introduce its Golden Visa programme for investors on August 31, along with a package of reforms to modernise trade and strengthen the business climate. The measures are aimed at positioning the Sultanate as a competitive global investment hub while accelerating its digital transition in commerce.
The golden visa programme will provide investors with long-term residency rights, giving them stability and incentives to expand business activities in Oman. Officials said the scheme is designed to attract foreign capital, encourage entrepreneurship, and diversify the national economy, as per a Gulf News report.
The initiative follows similar efforts by Gulf neighbours such as the UAE and Saudi Arabia, which have launched their own golden visa schemes to offer residency security to high-net-worth individuals and business leaders. By rolling out this programme, Oman aims to strengthen its appeal to international investors seeking reliable and long-term opportunities in the region.
Support for high-performing firms
Alongside the visa scheme, the government will introduce the “Al Majida Companies” initiative. This programme will focus on supporting Omani businesses that have demonstrated strong performance, both in domestic and overseas markets. The initiative is expected to provide these firms with incentives to expand, thereby creating more opportunities for local employment and economic growth.
Digital trade reforms
According to the Gulf News report, the Ministry of Commerce, Industry and Investment Promotion also announced the launch of a new service that enables the electronic transfer of commercial registrations through the “Oman Business” platform. Officials described this as a significant step towards creating a fully digital trade environment.
Mubarak bin Mohammed Al Douhani, Director-General of Planning at the ministry, said: “The golden visa programme and reforms are intended to give investors long-term stability and opportunities for growth, while offering Omani businesses incentives to expand both locally and internationally.”
He explained that digitalising commercial records will reduce processing time and operational costs for businesses while ensuring greater transparency. This move is part of wider government efforts to build a sustainable and modern trade system.
The launch event in Salalah, held under the patronage of Sayyid Marwan bin Turki Al Said, Governor of Dhofar, will also see the signing of cooperation agreements. The agreements involve Sultan Qaboos University, the German University of Technology, the Oman Energy Association, and Ebinaa. These collaborations aim to strengthen Oman’s construction sector by combining academic expertise with private sector participation.
According to officials, the partnerships will help develop local talent, foster innovation, and bring modern technology into national projects. The construction sector, being a key driver of Oman’s economic plans, is expected to benefit from enhanced knowledge transfer and joint initiatives between universities and industry bodies.
The measures align with Oman’s long-term development plans, which focus on diversifying the economy beyond oil and creating new opportunities across sectors such as technology, energy, and construction.
Oman’s golden visa scheme is part of a broader trend in the Gulf, where governments are competing to draw foreign investment through residency-linked programmes. By offering long-term stability, Gulf states seek to reduce investor concerns about policy changes and short-term restrictions.
With the new visa scheme and digital trade reforms, Oman is positioning itself to compete regionally while building a framework that supports innovation, entrepreneurship, and cross-border business.
The golden visa programme will provide investors with long-term residency rights, giving them stability and incentives to expand business activities in Oman. Officials said the scheme is designed to attract foreign capital, encourage entrepreneurship, and diversify the national economy, as per a Gulf News report.
The initiative follows similar efforts by Gulf neighbours such as the UAE and Saudi Arabia, which have launched their own golden visa schemes to offer residency security to high-net-worth individuals and business leaders. By rolling out this programme, Oman aims to strengthen its appeal to international investors seeking reliable and long-term opportunities in the region.
Support for high-performing firms
Alongside the visa scheme, the government will introduce the “Al Majida Companies” initiative. This programme will focus on supporting Omani businesses that have demonstrated strong performance, both in domestic and overseas markets. The initiative is expected to provide these firms with incentives to expand, thereby creating more opportunities for local employment and economic growth.
Digital trade reforms
According to the Gulf News report, the Ministry of Commerce, Industry and Investment Promotion also announced the launch of a new service that enables the electronic transfer of commercial registrations through the “Oman Business” platform. Officials described this as a significant step towards creating a fully digital trade environment.
Mubarak bin Mohammed Al Douhani, Director-General of Planning at the ministry, said: “The golden visa programme and reforms are intended to give investors long-term stability and opportunities for growth, while offering Omani businesses incentives to expand both locally and internationally.”
He explained that digitalising commercial records will reduce processing time and operational costs for businesses while ensuring greater transparency. This move is part of wider government efforts to build a sustainable and modern trade system.
The launch event in Salalah, held under the patronage of Sayyid Marwan bin Turki Al Said, Governor of Dhofar, will also see the signing of cooperation agreements. The agreements involve Sultan Qaboos University, the German University of Technology, the Oman Energy Association, and Ebinaa. These collaborations aim to strengthen Oman’s construction sector by combining academic expertise with private sector participation.
According to officials, the partnerships will help develop local talent, foster innovation, and bring modern technology into national projects. The construction sector, being a key driver of Oman’s economic plans, is expected to benefit from enhanced knowledge transfer and joint initiatives between universities and industry bodies.
The measures align with Oman’s long-term development plans, which focus on diversifying the economy beyond oil and creating new opportunities across sectors such as technology, energy, and construction.
Oman’s golden visa scheme is part of a broader trend in the Gulf, where governments are competing to draw foreign investment through residency-linked programmes. By offering long-term stability, Gulf states seek to reduce investor concerns about policy changes and short-term restrictions.
With the new visa scheme and digital trade reforms, Oman is positioning itself to compete regionally while building a framework that supports innovation, entrepreneurship, and cross-border business.
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