Cheapest way to get residency of oman | Business in oman
Автор: Bilal Moin
Загружено: 2024-11-07
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Obtaining residency in Oman can be relatively affordable compared to other Gulf countries, though there are specific requirements and conditions. Here are the most common pathways to residency of oman:
2. Investor Visa (Business Visa)
Overview: If you're interested in starting a business in Oman, you can apply for an investor visa. This visa allows you to stay and work in the country as a business owner.
Cost: Minimum investment requirements exist, but it can vary by business type. Setting up a small business may cost you around $20,000–$50,000 in capital investment plus fees.
Process: You'll need to register your business with the Omani Ministry of Commerce and Industry and meet minimum capital requirements. Once the business is registered, you can apply for the investor visa.
Limitations: You’ll need to maintain the business in good standing and show it is actively operating to keep your residency status.
1. Employment Visa (Work Residency)
Overview: Getting an employment visa through a job offer in Oman is one of the most common ways to obtain residency. Your employer will typically sponsor your visa, and many companies cover visa costs as part of the employment package.
Cost: Varies based on the employer. Fees for visa processing may be covered by the employer, or there could be a small fee if you are responsible for certain documentation.
Process: Once you secure a job, your employer will handle most of the paperwork, which includes getting a labor permit, residency permit, and health check.
Limitations: Your residency is tied to your employment, so losing the job could mean losing the residency unless you transfer to another employer who can sponsor you.
3. Family Visa (Family Residency)
Overview: If you have an immediate family member (spouse, parent, or child) who is a legal resident or citizen of Oman, they may sponsor you for a family visa.
Cost: Processing fees are relatively low, but your family member (sponsor) needs to meet minimum salary requirements to sponsor dependents.
Process: Your family member (usually the primary resident visa holder) will apply on your behalf. Required documents include proof of relationship, sponsor’s salary slip, and residency status.
Limitations: You are dependent on the sponsor's continued employment and residency in Oman.
4. Retirement Visa
Overview: Oman recently introduced retirement residency visas for foreigners aged 60 and above, who wish to retire in Oman. You need to demonstrate financial stability to support your stay.
Cost: Specific financial requirements, such as proof of savings or pension income, will vary; visa fees will apply, though they are generally low.
Process: Submit proof of age, financial stability (income or savings), health insurance, and other requirements.
Limitations: Only available to those aged 60 and above, with proof of sufficient funds.
5. Student Visa
Overview: If you are accepted to study at an educational institution in Oman, you can obtain a student visa.
Cost: Varies depending on the institution; you will need to show proof of admission and may need to cover visa fees.
Process: The educational institution usually sponsors the student visa, requiring proof of enrollment and financial means to support yourself.
Limitations: Limited to the duration of study and typically doesn’t allow for employment outside of internships or part-time positions related to studies.
Additional Tips for Budget-Friendly Residency
Shared Housing: Living costs in Oman can be reduced by sharing accommodations, especially if you're on a lower budget.
Medical Insurance: Obtain a basic health insurance plan to meet requirements without overspending.
Each option has its own set of requirements and fees, and the most affordable route generally depends on your situation, such as employment eligibility or family connections in Oman. The employment visa or family visa tends to be the cheapest and most straightforward route if you qualify.
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