Saturday, August 13, 2022

Oman to extend long-term residence visas for talented expats

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DUBAI: Talented expatriates living and working in Oman can very soon apply for a long-term residence visa, the state news agency said.

The development was announced by Khalid Al Shuaibi – head of the National Programme for Investment and Export Development.

Speaking during a presentation on the 2021 annual report of the Oman Vision 2040, Khalid Al Shuaibi confirmed that the country is considering expanding the investor residence programme to include the categories of creators and innovators.

“After implementing the first phase of the programme, we discovered that there is an increasing demand from other potential categories of some innovators and important segments of the economy that we are seeking,” Al Shuaibi said.

He clarified that a proposal has been submitted to the Council of Ministers that includes new target groups, and it will be announced as soon as the proposal for the second phase of the residency programme is approved.

“The new categories proposed in the second phase include creators, innovators, programmers and entrepreneurs as important human capital for the national economy,” he added.

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