The Untold Story of Oman’s Free Zones: How to Build a 100% Foreign-Owned Company
Free zones (and special economic zones) in Oman are designated areas where regulatory, tax and ownership rules differ favourably from standard mainland regimes.
Hassan Aziz
Director, Asasika Oman
Your 2025 guide to buying property in Oman as an expat. Learn about ownership laws, ITCs, Golden Visa eligibility, mortgage options, taxes, and rising demand.
Yes — but under specific rules. Oman has gradually opened its market to foreign buyers through Integrated Tourism Complexes (ITCs) and designated freehold zones, where expats can purchase apartments, villas, and townhouses with full ownership rights.
Expats who invest in qualifying projects may also gain eligibility for the Oman Golden Visa, a 10-year residency program designed to attract international investors.
Foreign ownership limited to ITCs (e.g., Al Mouj, Muscat Bay, Yiti).
Buyers receive freehold title deeds, allowing resale and inheritance rights.
No annual property tax and no capital gains tax (for individuals).
Rental income subject to a 3% municipal levy, which landlords should factor into net yields.
These rules make Oman one of the most transparent and investor-friendly real estate frameworks in the GCC.
10-year residency permit tied to property ownership.
Family benefits (dependents included).
Investment thresholds (commonly cited at OMR 200k–250k in 2025 updates).
Pathway to easier travel and more secure long-term settlement in Oman.
Beachfront living close to the capital — ideal for expats seeking a lifestyle upgrade with strong rental potential in the luxury segment.
A flagship Integrated Tourism Complex, featuring marinas, golf courses, and international schools. Expats benefit from mature infrastructure and high demand from tenants.
An eco-friendly development aligned with Oman Vision 2040. Perfect for green investors who want long-term appreciation in a master-planned community.
Can expats buy freehold property in Oman?
Yes — but only in designated Integrated Tourism Complexes (ITCs) such as Al Mouj, Muscat Bay, and Yiti Sustainable City.
Does buying property in Oman give residency?
Yes — under the Golden Visa program, expats who meet the investment threshold (OMR 200k–250k in 2025 updates) can qualify for a 10-year residency permit.
What taxes apply to expat property owners in Oman?
There is no property tax and no capital gains tax for individuals. A 3% municipal rent tax applies on rental income.
Is Oman cheaper than Dubai for expats?
Yes — entry prices in Oman are generally lower than Dubai or Doha, offering expats affordable ownership while still benefiting from strong yields and lifestyle perks.
Ready to secure your place in Oman’s property market?
Whether you’re interested in a beachfront apartment at Muscat Bay, a luxury villa at Al Mouj, or a green investment at Yiti Sustainable City, Asasika Oman ensures a seamless ownership experience.
📞Contact us today to explore expat-friendly ownership opportunities and start your journey toward residency and investment in one of the GCC’s most dynamic markets.
Discover more insights and expert perspectives on real estate in Oman
Free zones (and special economic zones) in Oman are designated areas where regulatory, tax and ownership rules differ favourably from standard mainland regimes.
Explore why Oman is rapidly emerging as a Gulf luxury & investment hotspot — deeply authentic, with long-term growth prospects.
Discover Oman’s most exclusive villas, desert retreats and uncrowded beaches — the luxury escape you didn’t know you needed.