Oman offers a unique mountain landscape, beaches and modern 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, financial services, telecommunications and tourism, leading to increased demand for real estate.
Advantages of investing in Oman real estate:
- quick processing and minimal requirements for applying for a residence permit;
- minimum investment amount in properties that are part of tourist complexes;
- ability to open a bank account in Oman;
- obtain an investor visa before receiving a residence permit;
- low taxes.
Taxes and expenses:
- 0% on rental income;
- 0% on sale of real estate, capital gains and inheritance;
- 5% on purchase from developer;
- 3% for registration upon handover.