Discover the complete guide for Indian nationals looking to invest in Oman’s real estate market, including key rules, designated areas, and legal conditions.
Indians can purchase property in Oman under specific rules and conditions. The law allows foreign nationals to buy real estate only in certain zones and with defined eligibility norms. Below is a guide to help you understand how it works.
Where You Can Invest
- Foreigners can buy residential and commercial properties in Integrated Tourism Complexes (ITCs), master‑planned developments that include both housing and commercial infrastructure.
- You may also invest in approved multi‑storey buildings that meet Ministry standards.
- Some popular developments open to foreigners include Al Mouj Muscat, Muscat Hills, Salalah Beach Resort, Jebel Sifah, Saraya Bandar Jissah, and others.
What “Usufruct” Rights Mean
- You don’t always own the land fully; instead, purchase happens via usufruct rights, which are long‑lease rights for up to 99 years.
- If you buy an undeveloped plot in an ITC, construction typically must begin within four years, or risk government repossession or auctioning.
Eligibility Requirements
You must meet certain conditions:
- Be 23 years or older
- Have lived in Oman for at least 2 years
- Property must be in an approved zone or licensed building (often four or more floors)
- Foreign ownership is limited: you may only own one unit, and foreigners can’t own more than 40% of units in a building. Also, a single foreign nationality should not exceed 20% ownership in a building.
- Minimum property value requirements differ by region: Higher in Muscat, lower outside Muscat governorate.
Key Restrictions & Zone Rules
- Foreigners cannot buy property in certain strategic, heritage or restricted regions.
- These include governorates or areas like Musandam, Al Buraimi, Al Dhahirah, Al Wusta, and others. Properties near military sites, archaeological zones, islands, and strategic mountains are often off‑limits.
Required Documents & Legal Steps
To buy property, you’ll usually need:
- Valid passport and proof of identity
- Proof of residency in Oman
- Financial documents showing income and stability
- Purchase agreement / title deed and registration with housing authorities
- Permits and building approvals if buying a plot or undeveloped land
Mortgages & Financing
- Some banks in Oman offer mortgages to foreigners, subject to residency status, income, and the property’s eligibility.
- Interest rates are generally comparable to local rates, but terms can vary depending on risk and location.
Final Thoughts
Yes, Indians can buy property in Oman — but only under regulated conditions and in designated areas. Always check local zone maps, eligibility criteria, and hire a legal expert in Oman to navigate paperwork. That ensures your investment is secure and compliant.
