Investment in Oman
Introduction

Investing in Oman is one of the attractive ways to get residency in this country. In this article, we will examine the conditions and benefits of investing in Oman. In recent years, Oman has become one of the best options for foreign investment for Iranians, because with the approval of the new foreign investment law in this country, many facilities have been provided for foreign investors. Opening an international bank account and obtaining residency in Oman are among the benefits of investing in this country. In addition, Oman is in favorable conditions in terms of economic stability and investment security. In the following, we will examine the investment methods in Oman, the benefits and incentives provided in this regard.

The new foreign investment law in Oman

Investment conditions in Oman have changed with the approval of the new foreign investment law in this country. This new law has been implemented since 2020 with the aim of attracting foreign investors. The most important changes in this law is the possibility of 100% ownership by foreigners in this country. In other words, in certain areas, foreign nationals can operate in this country without the presence of an Omani partner. According to this law, every year Omani officials are required to present their desired projects to attract foreign investment. Also, in order to facilitate the attraction of foreign investors, an online system has been launched to register foreign investors’ requests. By providing all the documents, the review of investors’ requests is done in only 14 days. According to this law, special facilities have been considered for investment in the less developed areas of Oman.

Investment methods in Oman
Buying property in Oman

Buying property in Oman is the easiest way to invest in this country. This is also one of the ways to obtain residency in Oman. Buying a property in this country is not a complicated process and as long as the property is in the person’s possession, his stay can be extended. The only point in this regard is that the purchase of property by foreigners is only possible in certain areas announced by the Omani government.

Company registration in Oman

Activists in the fields of trade and commerce can invest in this country by registering a company branch in Oman. In this country, it is possible to register all kinds of companies by foreigners. Of course, the company registration rules in Oman are different depending on the type of company. The difference in the rules is related to the number of shareholders, the minimum initial capital of the company and the percentage of participation of the Omani partner. In many areas, foreign investors can own up to 70% of the company’s shares. One of the benefits of registering a company in Oman is obtaining residency for shareholders and their family members.

Purchase of government bonds

Investing in the stock market and bonds is another way of investing in Oman. Of course, this investment method does not work for obtaining Oman residency. But considering the leading economy of this country, it is considered a suitable method for investment.

Why invest in Oman?
Statistics show that Oman enjoys good economic stability and is considered a good choice for investment.
With the approval of the new foreign investment law in Oman, many facilities are granted to foreign investors in this country.
Due to the good relations between Iran and Oman, Iranian nationals do not face any particular problem in this country.
By investing in Oman, you can enjoy financial and communication facilities to communicate with foreign customers.
Investment incentives in Oman
Foreign investment projects can enjoy all the incentives of Oman’s national projects.
For foreign investment projects, it is possible to allocate land through long-term lease or grant usufruct without obligation.
In foreign investment projects, if needed, the government undertakes the responsibility of providing public services (water, electricity, gas, sewage).
By complying with the customs laws of Oman, foreign investment projects can be exempted from customs and non-customs duties.
Necessary items for the creation, development and operation of foreign investment projects can be provided outside the framework of imports.
According to the existing laws, all types of foreign investment projects in different fields and regions can enjoy tax exemption.
Investment opportunities in Oman

There are investment opportunities in Oman for foreign nationals in the following general areas:

The field of infrastructure services
The field of health and education
Oil and gas field
The field of tourism
Information technology field
The field of specialized industrial training
The field of insurance services
Setting up a service startup
Conclusion

Investing in Oman offers many benefits and incentives to foreign investors due to the new foreign investment laws. From economic stability and investment security to financial and tax advantages, all these factors have made Oman an attractive destination for Iranian investors. Offering investment opportunities in various fields, this country is certainly a good choice for choosing the best option for foreign investment.

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