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FAQs about Foreign Ownership of Real Estate in Oman and Obtaining Permanent Residency

26/10/2025 Oman 1510 FAQs about Foreign Ownership of Real Estate in Oman and Obtaining Permanent Residency

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1. What is the average price of properties in Muscat available to foreigners that grant residency to the investor and their family?

Area Type Size (m²) Down Payment Monthly Installments Delivery Year Price (OMR) Price (USD)
Sultan Haitham City Studio 52 20% 60 months 2027 42,300 110,500
Sultan Haitham City 1 Bedroom + Living 75 20% 60 months 2027 58,200 151,000
Sultan Haitham City 2 Bedrooms + Living 131 15% 60 months 2027 65,000 220,000
Sultan Haitham City 3 Bedrooms + Living 195 15% 48 months 2027 115,500 300,000
Sultan Haitham City Townhouse 3 Bedrooms 202 20% 36 months 2027 120,000 312,000
Sultan Haitham City Villa 3 Bedrooms 400 10% 60 months 2027 240,000 624,000

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2. What is the Foreign Ownership System in the Sultanate of Oman (ITC)?

The system was established under Royal Decree No. (12/2006). It allows foreigners to own residential units within Integrated Tourism Complexes (ITC), with full rights to sell, gift, or bequeath them. Ownership also grants the owner and their family residency for the duration of ownership. However, such ownership does not grant Omani nationality.

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3. Can a property be registered under more than one foreign investor’s name?

Article (4) of the Executive Regulations of the Foreign Ownership Law in Oman, issued under Ministerial Decision No. (191/2007), states:

“Two natural persons who are first-degree relatives may jointly own a built unit or a plot designated for construction, and each shall be subject to the terms and conditions set forth in these Regulations.”

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4. When is residency granted if the property is purchased in installments?

  • First: Sultan Haitham City projects (all under construction): The Ministerial Decision of September 2025 stipulates: upon paying 30% of the property price, residency is granted to the investor only (if the property value is below OMR 50,000), or to the investor and his family (if the property value exceeds OMR 50,000).

  • Second: Other under-construction projects outside Sultan Haitham City: The investor only receives a one-year multiple-entry visa.

  • Third: Ready property on installments: Annual residency for the investor and family, renewable until full payment and title transfer.

  • Fourth: Ready property purchased in cash: Immediate permanent residency for the investor and family.

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5. Does the residency of an investor’s children in Oman end when they turn 21?

According to Decision No. 35/2019 issued by the Royal Oman Police, amending Article (3) of the Executive Regulations of the Foreign Residency Law:

“In all cases, residency of any son ends upon reaching the age of 21, and residency of any brother of the foreigner ends upon reaching the age of 18, unless a separate residency permit is granted. The Director General may waive the age requirement for humanitarian reasons. The age restriction does not apply to those holding ‘Join Investor Residency’ or ‘Join Owner Residency.’ Residency linked to ownership of a unit in an Integrated Tourism Complex (ITC) ends once the unit is legally transferred, and consequently the residency of the spouse, children, and accompanying family members also ends.”

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6. Are there any taxes or fees on property ownership?

There are no annual property taxes in Oman. At the time of purchase, the buyer pays a one-time registration fee of 3% of the property value for title transfer, plus annual maintenance fees, approximately OMR 4 per m².

???? Example: for a 100 m² apartment, service charges would be around OMR 400 annually (≈ USD 1,000).

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7. Does buying property in Oman grant permanent residency?

Oman has long-term residency programs for investors:

  • Purchasing a property worth at least OMR 200,000 grants a 10-year premium residency.

  • Purchasing a property worth less than OMR 200,000 grants a 2-year residency, renewable as long as the property remains registered in the foreigner’s name.

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