Expatriate investors can now own real estate in Oman worth up to half a million Rials, following a ministerial decision issued by Dr Khalfan bin Saeed Al Shuaili, the Minister of Housing and Urban Planning.
Expat investors who buy housing units valued between OMR 500,000 and OMR 250,000 will receive a first-class residence card, while those who own homes valued below OMR 250,000 will receive a second-class residence card, from the Real Estate Registry Secretariat.
