How to Apply for Oman’s 10-Year Golden Visa: Full Guide

If you have been thinking about living long-term in the Gulf, Oman may have opened the right door. The country’s 10-year Golden Visa is designed for serious investors and entrepreneurs looking to make Oman their second home.

This is more than a residency permit. It is a statement: Oman is ready to welcome global talent and capital without unnecessary barriers. Let us break it down.

What Is Oman’s Golden Visa?

Oman launched its Investor Residency Program in 2021 as part of its Vision 2040 economic transformation plan. The goal is to attract foreign investors, diversify the economy, and reduce dependence on oil.

The Golden Visa grants residency for up to 10 years, with the option to renew. It allows you to live, work, own a business, and bring your family without needing a local sponsor. For many, it is a game-changer.

Who Can Apply?

To be eligible for Oman’s 10-year Golden Visa, applicants must meet several basic requirements. You must be at least 21 years old, in good health, and possess a valid passport. A clean criminal record is also essential. You also need to show that you are financially stable and truly plan to invest in Oman.

The visa is designed for those who can contribute to the country’s economy either by bringing in capital, starting a business, or creating jobs. If you meet these standards and choose one of the approved investment routes, you can apply for long-term residency under the program.

Investment Options to Qualify

Oman offers a few pathways to qualify for the 10-year Golden Visa. The most common ones include:

1. Real Estate Investment: Buy property worth at least OMR 500,000 (about $1.3 million). Unlike other Gulf nations, Oman allows foreign ownership outside designated tourist zones for this visa.
2. Company Investment: Invest a minimum of OMR 500,000 in a local business, either through shares, direct equity, or capital injection.
3. Job Creation: Set up a company that hires at least 50 Omani citizens. This option promotes local employment and is ideal for large-scale ventures.
4. Fixed Deposits or Government Bonds: Place OMR 500,000 in long-term deposits or bonds, with a remaining maturity of at least two years.

All investment routes are subject to documentation and approval. You’ll need to prove the funds are legally sourced and already deployed in Oman.

What Are the Benefits?

The Golden Visa lets you live, work, and invest in Oman with ease. Once approved, you are free to live and work in Oman without needing a sponsor. You can include your spouse and children under 25 in the application as well.

Owning property is fully permitted, and there are no restrictions on location for Golden Visa holders. You can renew the visa every three years with minimal hassle. Access to education, healthcare, and banking is available to you and your family.

You are also allowed multiple entries and exits without needing extra permits. The freedom it provides makes it one of the most generous residency options in the region.

How Much Does It Cost?

While the minimum investment is 500,000 Omani rials, there are additional costs involved. The government charges a visa issuance fee of approximately 550 rials per applicant.

If you are applying for family members, you can expect to pay around 100 rials for each dependent. Depending on your chosen investment path, you may also incur costs related to legal services, business setup, document translation, and health insurance.

If you work with a professional consultant or service provider, their fees will vary. The visa is renewable every 3 years, but as long as you maintain your investment and stay compliant, the process is straightforward.

How to Apply?

The application process is simple but requires proper documentation and planning. Here’s how to go about it:

• Choose your investment path. Decide whether you’ll qualify through real estate, company shares, job creation, or financial instruments.
• Complete the investment. Finalize your investment. For property, ensure the sale is completed. For business, ensure registration and proof of ownership.
• Gather all required documents. You will need your passport, police clearance, health insurance, proof of investment, and bank statements. If you’re including family, gather their documents too.
• Submit your application. Apply through Oman’s official Invest Portal or via the Ministry of Commerce, Industry, and Investment Promotion.
• Undergo background and investment verification. Authorities will review your documents and check for compliance with eligibility rules.
• Receive approval and collect your residence card. Once approved, your permit will be issued. The process usually takes around 3 to 6 weeks.
• Renew every three years. Although the visa is valid for 10 years, renewals are required every three years, provided you maintain your investment.

What to Keep in Mind

While the Golden Visa grants long-term residency, it does not provide a path to citizenship. You cannot hold two passports in Oman, and becoming a citizen there is very rare.

You must also maintain your investment throughout your residency. Selling your property or pulling capital out of a company may jeopardize your visa status.

There is no requirement to live in Oman full time, but you must meet the renewal conditions. So while you are not obligated to stay year-round, your ties to the country must remain active and compliant.

Why Choose Oman?

Oman might not have the glitz of Dubai or the rapid development of Riyadh, but it offers something unique. Stability. Culture. Space to grow.

The country is peaceful, business-friendly, and rapidly modernising. With full foreign ownership allowed in many sectors and zero personal income tax, it is an attractive base for investors and entrepreneurs alike.

Add to that stunning natural landscapes, a high quality of life, and growing infrastructure, and you have a compelling reason to consider Oman not just as an investment opportunity, but as a place to live and thrive.

Thinking About Oman’s 10-Year Golden Visa? Let’s Make It Simple

From eligibility and costs to the application process, getting the Golden Visa can feel complex, but it does not have to be.

At 10xM, we guide you through every step, help you meet the requirements, and make sure your investment or business setup ticks all the right boxes.

Speak to our experts today and take the first step toward long-term residency in Oman.