Archive · 16 Sep 2025
Oman: Property Ownership Opportunities Expand for Foreigners
Oman allows foreigners, including Indians, to buy property, but with rules.
You don't fully own the land, but get a long-term lease (usufruct).
Properties can be purchased in special areas called Integrated Tourism Complexes (ITCs) or certain commercial buildings.
In Muscat, more areas are now included, mainly multi-story buildings.
There are restrictions, such as only one unit per buyer.
Foreigners can't own over 40% of building units.
A minimum amount must be spent to buy property.
Banks can provide mortgages.
These rules help Oman attract investment while still safeguarding national interests.
Foreigners, including Indians, can buy property in Oman under specific conditions.
Ownership is through usufruct rights, which are long-term leaseholds (up to 99 years).
Undeveloped plots in ITCs require construction to begin within four years.
In 2020, Oman expanded usufruct rights in certain Muscat zones.
There are restrictions on the number of units owned and overall foreign ownership percentages.
- Who
- Foreigners, including Indians.
- What
- Can purchase property in Oman under specific conditions.
- When
- Since 2006; expansion in 2020.
- Where
- Integrated Tourism Complexes, select commercial buildings, and specific Muscat zones.
- Why
- To attract foreign investment.
- Eligibility
- Indians and other foreign nationals can purchase property in Integrated Tourism Complexes (ITCs) and certain commercial buildings.
- Ownership Type
- Usufruct (leasehold) rights up to 99 years.
- ITC Construction Deadline
- Four years for undeveloped plots.
- Muscat Zone Criteria
- Applicants must be at least 23, resided in Oman for two years, and buy units in buildings with four or more floors.
- Ownership Restrictions
- One unit per buyer; foreigners can't own over 40% of building units; nationals from one country can't hold over 20%.
- Minimum Property Values
- OMR 45,000 in Muscat; OMR 35,000 elsewhere.
- Mortgage Availability
- Available from some banks, with interest rates between 3% and 7%.
