WHY INVEST IN OMAN
Muscat, particularly the southern coast, is one of Oman's most desirable real estate markets, attracting both local and international buyers. The area is especially popular among retirees and second-home buyers from the GCC, Europe, and Asia. Property prices in Muscat have seen consistent growth, especially in luxury markets.
Oman’s Rise as a Top Investment Hub
Strategic Location
Oman, on the southeastern coast of the Arabian Peninsula, is a key gateway between Asia, Africa, and the Middle East. Its capital, Muscat, just 75 minutes from Dubai, is vital for regional trade, with Oman’s strategic shipping routes supporting economic growth and international collaboration.
GDP Growth
As of 2023, Oman's GDP was approximately $90 billion, with a growth rate of around 3.5%. The diversification strategy, Vision 2040, aims to reduce oil dependency and increase the contribution of non-oil sectors to the GDP.
Investment Climate
The government has been actively encouraging foreign investment through various incentives and relaxed regulations. The establishment of free zones and special economic zones, such as Duqm, provides attractive opportunities for investors.
The Benefits of Investing in Muscat, Oman
Oman offers an attractive tax regime with no personal income tax, enhancing the return on investment. The country is known for its stable political environment and investor-friendly policies.
Tax Benefits
0% Personal income tax and 0% Import or export duties
Foreign Ownership
100% Foreign Ownership allowed in designated Integrated Tourism Complexes (ITCs)
Banking
Hassle-Free Bank Account Setup for investors
Residency
Lifetime Residency for real estate investments starting at OMR 250,000 (approximately USD 650,000)
THE REAL ESTATE SECTOR IN OMAN
ZOOMING IN
ON MUSCAT
Economic Center
Muscat is the economic and administrative center of Oman, hosting the headquarters of major businesses, government institutions, and financial services.
Strategic Location
Just 75 minutes away from Dubai, Muscat offers a unique blend of accessibility and exclusivity.
Real Estate Growth
Oman's total trade volume in 2022 was $61 billion, with key exports including oil, natural gas, and petrochemicals. Major trading partners were China, the UAE, and India.