Oman offers unique mountain landscapes, beaches and modern Middle Eastern architecture.
Thanks to diverse revenue sources such as oil production and tourism development, Oman's economy is experiencing significant growth. The country is actively developing logistics, the financial sector, telecommunications and tourism, which is driving increased demand for real estate.
Advantages of investing in Omani real estate:
- fast registration and minimal requirements for applying for a residence permit;
- minimal investment amount in properties that are part of tourist complexes;
- ability to open a bank account in Oman;
- obtain an investor visa before obtaining a residence permit;
- low taxes.
Taxes and expenses:
- 0% on rental income;
- 0% on property sales, capital gains and inheritance;
- 5% on purchase from developer;
- 3% for registration upon completion.