Brick and Vision
Strategic location
Oman is strategically located on the south-eastern coast of the Arabian Peninsula, serving as a gateway between Asia, Africa, and the Middle East. Its capital, Muscat, plays a crucial role in regional trade, just a 60-minute flight from Dubai. Oman’s access to major shipping routes positions it well for economic growth, trade, and international collaboration.
GDP GROWTH
As of 2024, Oman’s GDP stood at OMR 41.12 billion (USD 106.94 billion), with an estimated growth rate increase of 2.6% from 2024 to 2029. The “Vision 2040” strategy aims to reduce reliance on oil and boost the contribution of non-oil sectors to GDP.
INVESTMENT CLIMATE
The government is actively encouraging foreign investment through streamlined regulations and various incentives. The establishment of free zones and special economic zones, such as Duqm, offers attractive opportunities for investors.
Source: Ministry of Foreign Affairs of Oman
Oman’s natural beauty
The rugged peaks of the Hajar Mountains offer breathtaking views and opportunities for adventure.
WAHIBA SANDS
The golden sands of the Wahiba Desert stretch as far as the eye can see, creating a mesmerizing landscape.
COASTAL BEAUTY
Pristine beaches along Oman’s coastline offer a haven for beachgoers and scuba divers.
From the rugged peaks of the Hajar Mountains to the golden sands of the Wahiba Desert, Oman is a land of extraordinary natural beauty and diverse landscapes, making it a unique and captivating destination. The country is also home to lush green oases, ancient forts, and picturesque wadis (valleys) that offer breathtaking views and opportunities for adventure. The turquoise waters of the Arabian Sea and the Gulf of Oman, along with its rich marine life, make it a paradise for divers and beach lovers.
Source: Ministry of Tourism of Oman
A young and dynamic population
Oman boasts a high literacy rate, exceeding 97%, thanks to significant investments in education over recent decades. Oman’s population at the beginning of 2024 was estimated at 5.27 million, reflecting steady growth.
YOUTH DEMOGRAPHICS
Oman has a young population, with a median age of 29.7 years as of 2025. The working-age population (15–64 years) represents the largest demographic group, accounting for 65.7% of the total, underscoring the economically active nature of the society.
URBANIZATION
Over 89% of Oman’s population lives in urban areas, with Muscat being the largest city and the capital. Approximately 60% of the population consists of Omani citizens, while the remaining 40% is made up of expatriates, primarily from South Asia, the Gulf, and other Arab countries.
Sources: World Bank, Gulf Migration, Media Lab, Oman Observer, Dubai Visa Updates, Dubai Property Benefits
A growing tourism hub
- VISITOR NUMBERS (2024): Over 3.8 million international visitors.
- TOURISM REVENUE (2024): Approximately USD 5.5 billion.
- UNESCO WORLD HERITAGE SITES: 5 sites, including the “Frankincense Trail” and Bahla Fort.
- HOTEL ROOMS (2025): Over 36,000 available.
- TOURISM TARGET (2040): Over 80,000 keys, generating USD 22.5 billion annually and contributing 6% to GDP.
- INTERNATIONAL FLIGHT DESTINATIONS: Oman is connected to over 135 global destinations, reaching 30% of the world’s population within a single flight.
Sources: Oman Observer, Arab News, Zawya, Investment Guide
Economic indicators
- b data-path-to-node=”1,0,0″ data-index-in-node=”0″>GROWING GDP: USD 107 billion in 2024.
- FOREIGN DIRECT INVESTMENT (FDI): USD 79.6 billion by Q1 2025.
- NON-OIL SECTOR CONTRIBUTION TO GDP: 67.7% in Q1 2025.
- INFLATION RATE (2023): Relatively low, at 0.62%.
- INTERNATIONAL TRADE: USD 63 billion in total volume in 2024.
- MAIN EXPORTS: Oil, natural gas, and petrochemicals.
- MAIN TRADING PARTNERS: China, UAE, and India.
- ECONOMIC VISION 2040: 72.2% (2024) of GDP comes from non-oil sectors; the strategy aims to increase the non-oil sector contribution to 91% of GDP by 2040, with a focus on sectors such as logistics, tourism, fisheries, and mining.
Oman in the Real Estate Sector
INFRASTRUCTURE DEVELOPMENT
Ongoing infrastructure projects, such as new roads, airports, and public facilities, are enhancing the attractiveness of the real estate sector and drawing investments across the country.
MARKET PERFORMANCE
In 2024, Oman’s real estate market recorded over USD 8 billion in transactions, reflecting strong investor interest despite global economic challenges.
SUSTAINABILITY AND RENTAL YIELDS
There is a growing emphasis on sustainable real estate development, with new projects incorporating energy-efficient practices and designs. Prime areas in Muscat offer rental yields around 6–8%.
Sources: National Centre for Statistics and Information (NCSI), Ministry of Housing and Urban Planning of Oman, Ministry of Transport, Communications and Information Technology of Oman, Maxwell Cavendish, Sands of Wealth, Green Construction.
Benefits of investing in Muscat
TAX ADVANTAGES
- 0% Personal income tax
- 0% Import or export duties
- 0% Taxes
FOREIGN OWNERSHIP
- 100% Foreign ownership allowed in designated areas such as Integrated Tourism Complexes (ITCs).
- 100% Ownership
BANKING
- Hassle-free banking setup for investors
- Hassle-free setup
- FDI 2024 IN BILLIONS
>RESIDENCY
- Invest in Oman and secure a safe, luxurious residency with lifetime privileges.
- Lifetime
-
Billions (2024)
Oman offers an attractive tax regime with no personal income tax, enhancing investment returns within an investor-friendly political environment.
Unlock Exclusive Residency
10-YEAR VISA – Real Estate Investment OMR 200,000
- Residency via Real Estate Investment: Foreign nationals can obtain a Residence Visa by investing in Integrated Tourism Complexes (ITCs) in Oman.
- Validity: The Residence Visa is valid for 10 years and is renewable.
BENEFITS FOR GOLDEN VISA HOLDERS
- Fast-track lanes at airports and border crossings.
- Unlimited family inclusion for first-degree relatives, regardless of age or count.
- Ability to issue visit visas for relatives.
- Ownership of real estate outside ITC zones, subject to location restrictions (transferable according to standard rules).
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Right to hire up to 3 domestic workers.
Golden Visa Program
The first mortgage program
Exclusive partnership between DarGlobal and Sohar Islamic, introducing the first housing finance solution in Oman for foreign owners.
This pioneering initiative opens the market to a broader customer pool with convenience, flexibility, and speed.
FOR FOREIGN OWNERS IN OMAN
- Financing up to 50% of the property value (up to OMR 250,000).
- Interest rate at 6% p.a.
- Easier, faster, and stress-free homeownership.
- Open to residents and non-residents.
Twelve reasons to invest in Oman
- Lifetime Residency: Long-term residence visa for investors.
- Railway Project: The Hafeet Rail line will connect Muscat (Oman) to the UAE.
- 100% Freehold Ownership: For all nationalities.
- Taxes: 0% personal income tax and capital gains tax.
- Inheritance Laws: Local Omani laws apply, not those of the investor’s home country.
- Corporate Taxes: 0% tax for special economic zones/free zones.
- Ideal Location: Easy access to the Gulf, the Indian subcontinent, and Africa.
- Stable and Growing Economy: Oman’s inflation rate is among the lowest in the world. Ideal Location: Easy access to the Gulf, the Indian subcontinent, and Africa.
- Huge Growth Potential: The target is to generate over USD 22.5 billion annually from tourism by 2040.
- Cosmopolitan Tourism Hub: A vibrant community of expat investors representing over 100 nationalities.
- Inheritance Tax Exemption: 0% inheritance tax.
- 25-Year or Lifetime Residency: Available through specific investments.
