Buying & Investing in
Oman Property
A high-authority guide for international investors navigating the Sultanate's freehold markets, residency incentives, and capital growth opportunities.
For Singapore-based buyers
Your buyer checklist from Singapore
If you’re buying from abroad, clarity wins. Use this guide to understand the journey, the decisions that matter, and the questions to ask before you reserve.
We help you prepare what’s needed early so the process doesn’t stall.
Know what happens when—from reservation to staged payments to handover.
Choose the right project for your objective, not just marketing.
Practical next steps
- 1
Read the guide and note your must-haves vs nice-to-haves.
- 2
Shortlist a few developments that match your objective.
- 3
Speak to us for a side-by-side comparison and a clear execution plan.
Callback windows: 9am–6pm (GMT), with Singapore-friendly slots available.
FAQs
Questions we get from singapore-based buyers
Missing documents and unclear next steps. We front-load the checklist and keep the process predictable.
Ask about milestones, handover expectations, penalties/clauses, and what’s included vs optional. We’ll guide you through it.
Essential Resources
Research Resources
4 Guides
In This Guide
Navigate the Guide
Personalize this guide
What are you trying to do?
Choose your primary goal and we’ll point you to the most relevant sections and resources.
User profiles
Which buyer are you?
Different objectives require different entry points. Match your profile to the Sultanate's specific market segments.
The Resident Expat
Utility & Stability
Long-term residents seeking to optimize housing costs. Focus on City Usufruct zones (Seeb, Bausher) for accessibility and lifestyle stability.
Top Priority
Commute, Schools, Resale
The Yield Investor
Cashflow Optimization
Investors targeting high occupancy rates and consistent ROI. Focus on Waterfront ITCs (Al Mouj, Hawana) with professional short-term management.
Top Priority
Net Yield, Occupancy, Fees
The Legacy Builder
Asset Preservation
HNWIs seeking privacy and unique geography. Focus on Muscat Bay or AIDA for trophy assets with significant long-term appreciation potential.
Top Priority
Privacy, Views, Scarcity
The Strategic Retiree
Lifestyle Transition
Seeking climate diversity and healthcare quality. Focus on Salalah for summer escapes or Jebel Sifah for a resort-led community lifestyle.
Top Priority
Healthcare, Climate, Community
Economic Foundation
The Sultanate's Shift To
Institutional Real Estate
Vision 2040
Oman's long-term plan targets a massive 40% contribution from non-oil sectors by 2040. Real estate is a central engine for this growth, fueled by tourism expansion and FDIs.
Favorable Tax Regime
Oman remains one of the world's most tax-efficient environments. Investors benefit from 0% personal income tax on rental profit and 0% capital gains tax on individual property sales.
Political Stability
Known as the "Switzerland of the Middle East," Oman offers a neutral, stable, and transparent operating environment that protects property rights through established civil legislation.
Ownership Routes
Freehold Mastery
vs City Usufruct
The Omani legal framework allows for two distinct entry points into the real estate market. Understanding the nuances is critical for long-term equity preservation.
Lifetime Equity
ITC properties grant land ownership in perpetuity across generations.
Investor Residency
Direct property ownership is the fastest track to long-term residency (up to 10 years).
ITC Freehold
Best for international residents and high-net-worth investors. These "Integrate Tourism Complexes" allow foreign nationals to own 100% of the land and building.
- Perpetual ownership
- World-class amenities
- Residency rights
City Usufruct
Best for local residents and expats seeking city-center utility. Ownership rights for up to 99 years in specific Muscat zones like Seeb and Bausher.
- 99-year leasehold
- Lower entry prices
- Prime Muscat zones
Asset classes
Oman Property Typologies
Understanding the legal and architectural differences is the first step to a secure deployment.
ITC Freehold
Foreigners can own 100% of both land and building in Integrated Tourism Complexes. Includes residency rights.
Core Advantages
- Generationally secure
- Full ownership
- Residency
City Usufruct
99-year leasehold rights in multi-story residential buildings in specific city zones for expatriates.
Core Advantages
- Lower entry price
- City center access
- Utility focused
Branded Residences
Luxury units partnered with global hospitality brands (Trump, St. Regis). High service, high premium.
Core Advantages
- Premium management
- Brand prestige
- Yield floor
International Investors
Buying from
Abroad
You do not need to fly to Oman to acquire property. 60% of our international transactions are closed remotely using streamlined legal frameworks.
Power of Attorney (PoA)
Appoint a local lawyer to sign the final Title Deed transfer on your behalf. The PoA is drafted in Oman, sent to you for attestation at your local Oman Embassy, and returned via courier.
Remote Handover
For new properties, 3rd party snagging companies can inspect the unit, generate a technical report, and accept the keys on your behalf.
Digital Processing
Reservation forms and initial Sales & Purchase Agreements (SPA) can be signed digitally via DocuSign. Hard copies are only needed for the final Ministry transfer.
International Transfer Checklist
1. Proof of Funds
Standard KYC requirement. 3 months bank statement showing source of funds.
2. IBAN Transfers
Ensure your bank supports IBAN transfers to Oman (OMR or USD based accounts). Transfer times: 3-5 business days.
3. Currency Peg
OMR is pegged to USD (1 OMR = 2.60 USD). No currency fluctuation risk for dollar-based investors.
4. Passport Validity
Ensure passport has >6 months validity at time of purchase to avoid Ministry rejection.
Investment Performance
Rental demand in Oman is heavily driven by sea-view developments and resort-led communities. Short-term rentals are specifically lucrative in coastal ITCs.
Al Mouj Muscat
Apartments - Long Term
6.5% - 7.5%
Jebel Sifah
Resort Units - Short Term
7.0% - 9.0%+
Muscat Bay
Luxury Villas/Apartments
5.5% - 6.5%
AIDA
Premium Mixed-Use ITC
TBD
Sultan Haitham City
New Urban Future City
ROI Forecast
* Yields are estimated gross returns based on recent market data and are subject to variation. Actual returns depend on unit type, occupancy, and market conditions. Consult an advisor for current figures.
Investor Residency Program
The Ministry of Commerce, Industry and Investment Promotion (MOCIIP) offers long-term residency incentives for significant property investments.
Tier One (First Class)
10 Years
Minimum Investment
OMR 500,000
Tier Two (Second Class)
5 Years
Minimum Investment
OMR 250,000
* Residency is provided to the primary investor and can cover spouse and dependent children. Renewals are subject to maintaining the investment portfolio.
Financials
Fees & Taxes
| Type | Cost | Notes |
|---|---|---|
| Registration Fee | 3% | One-time fee on property value. |
| Agency Fee | 2-3% | Typically paid by seller, but negotiable. |
| Annual Property Tax | 0% | No annual tax on ownership. |
| VAT | 5% | Usually exempt for residential; applies to commercial. |
| Capital Gains Tax | 0% | No CGT for individuals on property sales. |
*Note: Fees are subject to change by government authorities. Service charges apply for community maintenance in ITCs (approx OMR 4-8 per sqm annually).
Master Roadmap
The Buying Journey
A standard transaction takes 12-16 weeks from reservation to title deed. Here is the realistic flow.
Strategy & Intake
Duration: 2-4 Weeks
Speak to specialists to verify your eligibility for specific zones. Define your objective (residency vs yield) and shortlist project developers.
Key Deliverables & Tasks
Verify eligibility
Choose area
Secure mortgage pre-approval
Reservation & DD
Duration: 1-2 Weeks
Sign the Sales & Purchase Agreement (SPA). For off-plan, ensure payments go to the Project Escrow. For resale, verify the Title Deed validity.
Key Deliverables & Tasks
Pay 5-10% deposit
SPA Review
Identity verification
Ministry Approvals
Duration: 2-6 Weeks
Your purchase is submitted to the Ministry of Housing & Urban Planning (MOHUP). For certain zones, standard background checks are performed.
Key Deliverables & Tasks
Submit registration docs
Wait for approval notice
Official endorsement
Settlement
Duration: 1-2 Weeks
Final payment is settled. The 3% registration fee is paid to the Ministry. Escrow funds are released to the developer (if off-plan completion).
Key Deliverables & Tasks
Pay 3% Fee
Transfer balance
Sign final transfer
Title & Residency
Duration: 2-4 Weeks
Receive your official Mulqiya (Title Deed). Use this document to apply for the Investor Residency Program (IRP) if applicable.
Key Deliverables & Tasks
Collect Title Deed
Apply for IRP Visa
Setup Utilities
Market in Real Terms
What It’s Actually Like
Beyond the brochures: the economic and structural realities for real estate investors in Oman.
Currency Stability
The Omani Rial (OMR) is pegged to the US Dollar ($). For international investors, this eliminates the currency volatility risk common in other emerging markets.
Low Tax Friction
0% personal income tax on rental yields and 0% capital gains tax makes the net ROI significantly higher than in Europe or North America.
Community Standards
ITCs are managed under strict master-developer rules. This ensures common areas, beaches, and infrastructure are maintained to global standards for decades.
Resale Liquidity
The secondary market is strongest in Al Mouj and Muscat Bay. Branded units in Salalah are emergent but offer high entry-yield optionality.
Efficient Deployment
Investor Checklist
Successfully navigating the Omani property market requires coordination between developers, legal advisors, and the Ministry of Housing.
Save This Guide
Ready to take the next step? Copy this checklist to your digital planner or contact our advisory for a formatted PDF.
Off-Plan Security
All off-plan payments in Oman must go to a Project Escrow Account. Never pay a developer directly; always verify the Escrow details with your licensed advisor.
Continue learning
Deepen Your Due Diligence
Strong next steps for investors exploring Oman's freehold property markets and residency incentives.
Explore Properties
Browse qualifying properties in major ITCs
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Additional resources and guides
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Answers
Investor Q&A
An Integrated Tourism Complex (ITC) is a government-designated zone where non-Omanis and non-GCC nationals can legally purchase property on a 100% freehold basis. These complexes are master-planned and include residential, commercial, leisure, and hospitality components.
Key benefits of ITCs include full ownership, eligibility for investor residency, and high-quality community management. Top examples include Al Mouj Muscat, Muscat Bay, Jebel Sifah, and Hawana Salalah.
Investors in prime Muscat ITCs typically achieve gross rental yields of 5% to 8%. Apartments in high-demand waterfront areas like Al Mouj often range from 6.5% to 7.5%.
For higher yields, resort-integrated developments like Jebel Sifah offer short-term rental opportunities where gross returns can exceed 9% during peak seasons, especially when managed by professional hospitality operators.
The Oman Investor Residency Program (IRP) is structured into two main property-related tiers:
- Tier One (First Class): Minimum OMR 500,000 investment. Grantees receive a 10-year renewable residency visa.
- Tier Two (Second Class): Minimum OMR 250,000 investment. Grantees receive a 5-year renewable residency visa.
Both tiers allow for family sponsorship. Additionally, basic ownership in an ITC (even below these thresholds) typically facilitates a 2-year renewable residency.
Under Decision 357/2020, non-Omanis who have lived in the Sultanate for 2+ years can buy rights for up to 99 years in approved buildings. Key conditions include:
- Building must be in a residential/commercial multi-story building (4+ floors).
- Minimum purchase price of OMR 45,000 in Muscat.
- Limit of 40% foreign ownership per building.
- Limit of 20% owners from any single nationality per building.
Expert Guidance
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with confidence
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