Buying a property and residency visa in Oman

Member since 09 June 2019

Sarraah01Member13 June 2019 13:30:34

Hi there ,

I have heard that when buying a property in oman I can get residency visa. Can anyone provide detailed Information about the requirements?

Any help would be appreciated聽 .

Regards
Sarah

GuestPoster411 Guest

GuestPoster411Guest14 June 2019 05:25:40

Hi Sarraah01,

玩偶姐姐riates are allowed to invest in properties within what is known as the 'Integrated Tourism Complexes' (ITC). There are quite a few across Oman and in Muscat.

Some notable names are the Al Mouj, Barr Al Jissah, Muscat Hills Golf and Country Club, Al Siffah Resort, Saraya Bandar Jissah Muscat Bay and Salalah Beach Resort.

Five more are in the offing : Diyar Ras Al Hadd Resort, Omagine Project, Quriyat Integrated Project, Naseem Al Sabaah Project and Al Nakheel Project.

The properties there are not sold outright but are leased for extended periods to the expatriates. And, obviously for them to stay there, such expatriates are also provided with long-term residency visas.

Since the specifics would vary from one ITC to another, it is best that you contact them directly (or visit their website) for more detailed information.

Harry Crumble Active member

Member since 01 June 2019

Harry CrumbleActive member17 June 2019 19:20:43

Al Nakheel is the company from Sheikh Mohammed bin Zayed al Makhtoum, UAE, as far i know.
Not sold outright? Only deeded then?
Taxation in Oman?

thank you

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Sabuj Das Member

Member since 15 February 2020

Sabuj DasMember15 February 2020 11:20:47

Hi Guys,

ITCs in Oman are freehold and not leasehold. Leasehold is deeded for a number of years and then taken back but freehold means its for however long you wish to keep it within the family since its hereditary as well.