Oman employment visas
Overseas professionals who want to live and work in Oman must obtain both a residency visa and a work permit (also known as the labour card). A foreign national is entitled to a residency visa in the Oman after i) incorporating a business in Oman or ii) after becoming a shareholder of an Omani company or iii) after purchasing real estate in Oman or iv) after being employed by a company operating within Oman.
- Entrepreneurs relocating to Oman to manage their Omani business may apply for an Investor Residence Visa. This two year visa is suitable for investors/partners holding the minimum share capital of a limited liability company (LLC);
- After obtaining the investor work permit, residency visas can be obtained from the Directorate General of Passport and Residence (DGPR) by obtaining approval from the Ministry of Commerce and Industry and Ministry of Manpower;
- Entrepreneurs can simultaneously apply for residency visas for their spouse and children;
- A summary of entrepreneur visa costs include:
|Residence visa charges||55||DGPR|
|Healy Consultants fees||3,950||Healy Consultants|
|Total costs per visa||4,005|
- All foreign workers require a residence visa and employment visa. Expatriate employees must be sponsored by their employer to obtain a two-year employment visa. The employee must i) submit to a medical examination ii) show copies of employment contract and iii) provide academic or professional qualifications and iv) provide an employer sponsorship letter;
- Employment visas are issued prior to arrival by the Ministry of Manpower and Directorate General of Passport and Residence. Arrival extends the three-month visa to a two-year visa. The labour card is also an identity card and is to be carried at all times;
- Residence visas are granted to dependents of employees entitled for family sponsorship;
- Nationals of countries including India, Bangladesh, Pakistan and the Philippines require medical clearance before being granted an employment visa in Oman;
- The number of visas each company can sponsor is dependent upon the size of the office space occupied in Oman. After Oman company formation our Clients must provide proof of work contracts with third parties or proof that the activity requires expertise. For reference, a 500 sq. ft. office space with work assignments can sponsor four to six visas.
- A citizen of the countries listed below is entitled to easily obtainable visa applications on arrival valid for up to one year. Those countries include all EU member states, Argentina, Bolivia, Brazil, Chile, Colombia, Ecuador, French Guiana, Paraguay, Suriname, Uruguay, Venezuela, Australia, Brunei, Canada, Hong Kong, Indonesia, Lebanon, Malaysia, New Zealand, Seychelles, Singapore, South Africa, South Korea, Taiwan, Thailand, the United States, Qatar, UAE and any other GCC member country;
- Most countries that are not mentioned above will require their nationals to apply for visa at their country’s Oman embassy and be sponsored by a company, hotel or tourist agency.
Migrate to Oman
International entrepreneurs find migration to Oman straightforward thanks to Healy Consultants’ comprehensive relocation services. Our services related to migration to Oman include:
- Assistance obtaining an Oman employment and residence visas from the Directorate General of Civil Status. To assist with migration, Healy Consultants helps entrepreneurs and their families of all nationalities obtain permits allowing them to live and work in Oman;
- Immigration officials of the Gulf Cooperation Council (GCC) may soon approve a single visa application system, allowing visitors to the Gulf entry to all six of the GCC member countries (the United Arab Emirates, Bahrain, Saudi Arabia, Oman, Qatar, and Kuwait). Oman and the UAE already share a common visa system.
Oman corporate banking options
|International Banks in Oman||Local Banks in Oman|
|National Bank of Oman|
|Oman Arab Bank|
- Healy Consultants will be pleased to open an Oman corporate bank account for our Clients. Our Client will not have to travel for this engagement. It is a time consuming task, and Healy Consultants will shelter our Client from the administrative challenges. To optimize the probability of corporate bank account approval, Healy Consultants will prepare a business plan for the bank;
- There is no limitation on the inflow or outflow of funds for remittances of profits, debt service, capital, capital gains, and returns on intellectual property or imported inputs (except for foreign bank branch dividends). The Oman currency is the Rial, which is pegged to the US dollar. The exchange rate has remained at US$1 = Omani Rial .385 since 1986.
- Oman corporate and personal banking products and customer service are of a poor standard;
- Because Oman is not perceived as a tax haven, it is not on the list of black listed destinations. Oman is neither a member of the OECD nor of the EU. Oman is not on the OECD ‘blacklist’ of tax havens (nor the FATF blacklist). Consequently, Oman banks are not obliged to share customer information with international governments;
- Oman banks offer multiple currencies, internet banking and telephone banking, checking accounts, savings accounts, debit and credit cards, fixed term deposits and wealth management;
- To receive the best internet banking and customer service for corporate banking in Oman, Healy Consultants recommends international banks such as HSBC or Standard Chartered. Local banks can be used where appropriate for the Oman business. Healy Consultants can also help our Clients set up Oman offshore banking options.