Oman’s Ministry of Commerce, Industry, and Investment Promotion will launch its Golden Residency program for investors on August 31, 2025. This move is part of a package of new initiatives intended to attract foreign capital, boost economic growth, and position the country as a leading business hub.
Key Highlights
The announcements will be made at a “Sustainable Business Environment” event in Salalah and include several key initiatives:
- Golden Residency Program: A new long-term residency program for investors, launching on August 31.
- “Mujeedah Companies” Initiative: A new program to provide incentives and support for high-performing Omani companies.
- New Digital Service: A service to transfer commercial registration ownership electronically via the Invest Oman platform.
- Strategic Alignment: All initiatives are part of Oman’s Vision 2040 to diversify the economy.
Attracting Foreign Capital and Boosting Growth
The Golden Residency program is a strategic move to offer long-term incentives to investors, thereby attracting foreign capital and stimulating economic growth. The ultimate goal is to strengthen Oman’s position as a global investment destination by providing a stable and attractive business environment for long-term growth.
Empowering High-Performing Omani Companies
Launching alongside the residency program is the “Mujeedah Companies” initiative, which will enable high-performing Omani companies to grow and expand both locally and globally. This will be achieved through a comprehensive package of incentives and facilitations designed to enhance their competitiveness and accelerate their digital transformation.
Accelerating Oman’s Digital Transformation
The Ministry will also unveil a new digital service for transferring commercial registration ownership via electronic authentication. This service is a significant step towards digitizing all business transactions in the country, aiming to reduce time and costs for investors and ensure greater efficiency.
Source: WAYA
