Can Indians Buy Property in Oman? The Complete NRI Buyer’s Guide (2026)

can indian buy property in oma

Yes — Indian nationals, including NRIs, can legally buy freehold property in Oman, own it outright, pass it to their heirs, and even earn residency from it. Oman opened its property market to foreigners through designated Integrated Tourism Complexes (ITCs), and 2026 has made it easier than ever: a lower Golden Residency threshold and a brand-new sponsor-free Owner Visa.

This guide covers exactly what Indian buyers need to know — the rules, the costs in rupees, how to move your money legally, the residency you get, and where to buy.

Can Indians legally own property in Oman?

Yes. Foreign nationals — Indians included — can buy 100% freehold property inside government-approved Integrated Tourism Complexes (ITCs). Freehold means you own both the unit and the land it sits on, with no lease expiry, and the right to sell, rent, or inherit.

Outside ITC zones, foreign ownership is restricted, so serious NRI buyers focus on ITC developments — which happen to be the country’s best-located coastal and resort communities anyway.

What is an ITC?

An Integrated Tourism Complex is a master-planned zone where foreigners get full freehold rights. Oman’s flagship ITCs include Jebel Sifah and Hawana Salalah on the coast, and marquee developments near Muscat. These are the only places an Indian buyer should be looking.

Where should Indian buyers look in Oman?

The strongest NRI options combine freehold security, strong rental demand, and resale liquidity:

Browse all options on our Oman property hub.

How much does property in Oman cost in Indian rupees?

Oman prices are quoted in Omani Rial (OMR), one of the world’s strongest currencies (OMR 1 ≈ USD 2.6). At mid-2026 rates, OMR 1 ≈ ₹224 — always check the live rate before you transfer.

Property typeApprox. OMRApprox. USDApprox. INR
Entry apartment (ITC)from OMR 50,000$ 130,000₹ 12,402,000
Beachfront / marina villafrom OMR 150,000$ 390,000₹ 37,204,000
Golden Residency thresholdOMR 200,000~$520,000~₹4.5 crore

Moving your money legally: the LRS route

Indian residents can remit funds abroad under the RBI’s Liberalised Remittance Scheme (LRS) — up to USD 250,000 per person, per financial year. A family can pool individual limits (e.g. spouses buying jointly), which comfortably covers most Oman purchases across one or two years.

Funds must move through proper banking channels with the correct purpose code, and TCS (Tax Collected at Source) may apply on foreign remittances — check current rates with your bank or CA. UInvest Group guides Indian buyers through the paperwork end to end.

Residency: what an Indian buyer gets in 2026

This is where 2026 changed the game. Buying property in Oman can now unlock two different residency routes — and Indian buyers should understand the difference.

1. The Owner Visa (new — sponsor-free)

Introduced under Royal Oman Police Decision 87/2026 (June 2026), any foreigner who owns property in Oman can now obtain a residency visa without a local sponsor, based on a certificate from the competent authority.

  • Valid 6 months to 1 year, renewable
  • Extends to your spouse and first-degree relatives
  • No minimum property value — it’s tied simply to owning a home
  • Automatically ends if you sell the property

This is the simplest path for a family that buys a holiday or rental home and wants the freedom to come and go.

2. The Golden Residency (long-term)

For larger investors, Oman’s Golden Residency — relaunched in 2025 via the official Invest Oman platform — grants a renewable 10-year residency for a qualifying investment of OMR 200,000 (~USD 520,000 / ~₹4.5 crore). Buying eligible ITC real estate at or above that threshold is one of seven qualifying routes, and it includes benefits like family inclusion and fast-track airport access.

In short: buy any ITC home → Owner Visa. Invest OMR 200K+ → 10-year Golden Residency.

What are the costs and fees?

Beyond the purchase price, Indian buyers should budget for:

  • One-time property transfer fee — around 3% of the property value
  • No annual property tax in Oman
  • Service / community charges on ITC developments
  • 5% VAT may apply on certain new/commercial transactions
  • Legal, registration and (if used) agency fees

There is no capital gains tax on personal property in Oman, which makes it attractive for long-term NRI investors.

Can NRIs get a mortgage in Oman?

Some Omani banks offer mortgages to non-resident foreign buyers, typically at lower loan-to-value ratios than for residents, subject to income and documentation. Many NRI buyers instead use developer payment plans, which spread payments across the construction period with little or no interest — often the simpler route.

Frequently asked questions

Can Indians buy property in Oman in 2026?

Yes. Indian nationals can buy 100% freehold property in Oman’s Integrated Tourism Complexes, with full rights to own, rent, sell and inherit.

Do I need to live in Oman to buy property there?

No. You can buy remotely as a non-resident. Owning property can then qualify you for a residency visa if you choose.

How much property do I need to buy for Oman residency?

Any ITC property can qualify you for the new sponsor-free Owner Visa. For the 10-year Golden Residency, you need a qualifying investment of OMR 200,000 (~USD 520,000) or more.

How can I send money from India to buy property in Oman?

Through the RBI’s Liberalised Remittance Scheme, which allows up to USD 250,000 per person per financial year via authorised banking channels.

Is there property tax in Oman?

There is no annual property tax. Expect a one-time transfer fee of around 3%, plus community service charges.

Ready to buy in Oman?

UInvest Group helps Indian and NRI buyers purchase freehold property across Oman — from beachfront homes in Salalah to marina residences at Jebel Sifah — and handle residency, remittance and paperwork end to end. Explore our Oman properties or contact our team for a personalised shortlist.

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