Oman home buyers to get residency on completion

VISA POLICY: Foreign home owners in Oman will be issued residency visas on completion. (Getty Images)

Oman will issue residency visas to foreign home owners after the completion of the properties and not on registration, a government official said on Monday.

Mohammed al-Sinani, the Tourism Ministry's director general of planning and follow-up, told Reuters that foreign property buyers would get a residence visa after the title deed has been changed to their names.

His comment camed after property buyers said that developers had promised they would receive residence visas while the homes are under construction.

"Home buyers get a multiple 3-week visiting visa each time they come when their property is under construction. Then they can apply to get two-year residency after the completion," Sinani said.

Buyers are also entitled to get residency for their family and parents. The residency will be cancelled and is transferable to the new owner when the property is sold, Sinani added.

Foreigners can only buy in areas called integrated tourism complex (ITC) - the Wave, Salalah Beach Resort, Barr Al-Jissah, Yiti Resort, Muscat Hills, Blue City and Jebel Sifah. (Reuters)

Print | Email | Discuss this article

| Share |

READERS' COMMENTS

Oman Residency
Posted by Arabesque, Muscat, Oman on Tuesday 3 November 2009 at 17:33 UAE time


Probably its 2 years – cause that’s the standard Residency Visa issue period in Oman - with (one can surmise) automatic renewals after -

Two Year Visas
Posted by Kevin, Muscat, Oman on Tuesday 3 November 2009 at 15:06 UAE time


The two year residency visa given for property owners reflects the current situation for expatriate residents living in Oman who are given a two year residency visa that is renewable.

My understanding is a similar renewable situation will apply for property owners assuming they are still the owner of that property once the initial two year visa period comes to an end

Oman Residency
Posted by Julian K, Abu Dhabi, UAE on Tuesday 3 November 2009 at 07:51 UAE time


I agreed that two years is a bit short, but is definitely much longer than the ridiculous six months which Dubai is giving and is not practical.

BFD -- NO VALUE AT ALL
Posted by RESIDENT IN KUWAIT on Tuesday 3 November 2009 at 07:09 UAE time


Why would anyone invest in a residency deal that is worthless ?

View all comments (5) >>

Click here to post a comment

Add your Comment All posts are sent to the administrator for review and are published only after approval. ArabianBusiness.com reserves the right to remove any comment at any time for any reason. Please keep your responses appropriate and on topic. Arabian Business would like to point out that only comments relevant to the story will be published. Any containing personal insults or inappropriate language will not be approved.
Name *
Remember me on this computer
Email *	(Your email address will not be published)
City
Country
Subject *
Comment *
Notify me of further comments
Enter the words above *
Please click post only once - your comment will not be published immediately.

MORE FROM ARABIANBUSINESS.COM