What does Oman residency by property cost?

From OMR 250,000 (about USD 650,000) for a five-year renewable residency, with a ten-year option at OMR 500,000.

Which free zone should I use?

Duqm for heavy industry and logistics, Salalah for shipping and re-export, Sohar for petrochemicals and metals, Al Mazunah for Yemen-facing trade.

Is there personal income tax in Oman?

Not currently. A limited personal income tax on high earners has been discussed for several years but is not in force at present.

Jurisdiction · Middle East

Oman

Neutral, stable Gulf base with free zones, logistics and a residency-by-property route.

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Overview

Oman offers something its neighbours cannot: diplomatic neutrality, and a location outside the Strait of Hormuz. Duqm and Salalah free zones give tax holidays of up to thirty years, 100% foreign ownership and direct Indian Ocean shipping access, which is why manufacturers and logistics groups keep looking here.

Oman also runs a straightforward residency-by-property programme starting at OMR 250,000, offering Gulf residency without the cost profile of Dubai.

Typical use-cases

Where Oman fits

Logistics and manufacturing
Free zone operations
Residency

Banking

Banking landscape

Bank Muscat, Sohar International, National Bank of Oman and HSBC Oman serve corporate clients. Onboarding requires commercial registration, a resident manager and Ministry of Commerce documentation. Free zone entities generally bank in Muscat.

Tax

Tax & reporting

15% corporate income tax, reduced to 3% for qualifying small enterprises. Free zone entities in Duqm, Salalah, Sohar and Al Mazunah enjoy corporate tax exemptions of 10 to 30 years. No personal income tax. VAT is 5%. Withholding tax of 10% applies to certain payments to non-residents.

Substance

Substance & register visibility

Free zone benefits require genuine operations within the zone, minimum investment and Omanisation of part of the workforce. Ownership is registered with the Ministry of Commerce, Industry and Investment Promotion on a non-public basis. Economic substance principles apply to relevant activities.

Decision

When to pick this jurisdiction

Pick Oman for logistics, manufacturing and shipping that benefits from a location outside Hormuz, or for Gulf residency at a lower property threshold than the UAE.

The director's view

Written up as a comparative shortlist.

Every Oman recommendation is delivered as a comparative memorandum — substance defensibility, banking access, treaty coverage, register visibility, cost to maintain and reputational risk — so the client can see the trade-offs before committing.

Next step

Considering Oman? Get a written comparison first.

Answer six questions and a director will come back with a shortlist, indicative costs and banking route.

Scope a structure here Compare jurisdictions

Frequently asked

Questions we hear on every Oman intake.

What does Oman residency by property cost?: From OMR 250,000 (about USD 650,000) for a five-year renewable residency, with a ten-year option at OMR 500,000.
Which free zone should I use?: Duqm for heavy industry and logistics, Salalah for shipping and re-export, Sohar for petrochemicals and metals, Al Mazunah for Yemen-facing trade.
Is there personal income tax in Oman?: Not currently. A limited personal income tax on high earners has been discussed for several years but is not in force at present.

Relevant services