Oman real estate overview & residency by investment
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- čas přidán 23. 07. 2024
- 📌 Full article on investing in real estate in Oman: thewanderinginvestor.com/inte...
Meet Nicole, my favourite real estate agent in Oman: thewanderinginvestor.com/serv...
Oman is a country I know well and that has a little-known residency by investment programme. In this video I discuss the real estate market in Muscat, Oman and talk about the residency by investment programme and who it is interesting for.
Filmed in January 2021
Time stamps:
00:00 Introduction
00:41 Background on Oman
01:50 Oman depends heavily on oil & gas
03:00 Sultan Haitham bin Tarik's substantial reforms (budget cuts, tax increases, easier for FDI, Omanization)
05:08 Why Omanization is needed
7:00 An exodus of expatriates from Oman
07:40 The real estate market in Oman is two-tiered - ITCs (Integrated tourism complexes)
08:50 Price and rental drops in the real estate market in Oman
09:35 Why you should focus on Muscat
10:05 Real estate investment in Al Mouj, Muscat
10:55 Real estate investment in Muscat Hills
11:42 Real estate investment Muscat Bay
12:24 Real estate investment in Jebel Sifah
13:35 Residency by investment in Oman and why living in Oman is great
15:30 Good healthcare in Oman
16:24 Who is Oman right for?
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No part whatsoever of the discussion and presentation is, or should be considered as, investment advice, financial advice, legal advice, or tax advice. Always do proper due diligence and speak to a qualified professional advisor in your jurisdiction. Also, be advised that Ladislas Maurice and The Wandering Investor staff may own real estate or investments in the specific markets or opportunities that are discussed. The Wandering Investor may also have marketing agreements in place with certain opportunities that are mentioned.
Great video. I lived several years in oman, we have the same conclusion. Oman is truly a very pleasant, peaceful and safe country. The Omanis are very welcoming. The nature is beautiful : the sea, the desert and the mountain. We always had great weekends
Well covered all aspects, very comprehensive. Literally answered all questions in my mind. Thanks
This country remind me so many good souvenirs. Great country and very nice people. The landscape is amazing : desert, the see with so many colorfull fishes and the mountains
Tel it how it is video - very honest, without hype, without an axe to grind
Smart policy to hear that the omanis fill the private sector 👍🇸🇴love that they go skill reduce depency. Something all the gulve countries must do. I love them be technological kingdom.
This is really helpful. Thank you for your honest assessment.
Very interesting country, different than crazy gulf countries, let me said you are amazing how much information you give us from A to Z less than 20 minutes.
Thank you ☺️
Great info! Thank YOU! I always heard good things about Oman but hearing these details from you I wanna visit this place more than ever. I just converted their currency and it’s pretty strong.
may I know where are u from
@@Nassersinani from USA
Can you please do an updated video for Oman.
Excellent job
your presentation style is unique bro .
Great video thank you!
Take care
Nice video
Well done, really good insight into Oman real estate market. All the information said are well articulated and close to the current situation. Though with his Majesty Haitham bin Tarik recent reforms and changes for housing and real estate legislation, we might expect more foreign investment within these ITC projects.
Thank u for the video. What is the cost of the cheapest studio apartment in Oman ?
Would love to see a vid / your thoughts on Portugal & Ras Al Khaimah UAE
What about Azaiba or Madinat Qooba? What do you think about starting Airbnb?
So what can you do there as terms of business, & can you buy a house?
Thank you for your video, may I know how to rent out properties in Jebel sifah? Is there any agent good in handle the property?
There are agencies on site that handle it
@@TheWanderingInvestor ic, so simply needs to sign agreement with agency and give them the key thatd all is it? As it is my first time to oen property
@@saeedtuoba1408 Go there and ask to meet the property management company. See how you feel them.
Can you do a video on investment in real estate in yerewan/ARMENIA
Next time I go :)
💞💞💞
Keep it up
keep it up man
What about Healthcare (any free healthcare) like how it is in Qatar if you invest 1 Million USD? What is the min requirements for investment and how much is needed in USD per month to live there.
Private healthcare is cheap. No minimum investment required, just that you invest in one of the designated areas. But it’s not a work permit. You can’t get a job there or create a company based on this visa.
Great comprehensive video.
Can you plesse ellaborate on good universities
Sultan Qaboos University
I am interested in finding my place in Al Mouj - would you help me ?
Yes. Send Nicole an email: nicole@thewanderinginvestor.com
what is the minimum amount of this apartments for investment if you want residency visa
No minimum. Any property within these ITCs qualifies. Nicole can help you source one: thewanderinginvestor.com/services/international-real-estate-services/my-favourite-real-estate-agent-in-muscat-oman/
Great video thanks. One question can you buy land for development?
Not as a foreigner
@@TheWanderingInvestor as a foreigner can you buy house on its own
@@security2752 within ITCs yes
@@TheWanderingInvestor thank you again.
Excellent Video!! Just one question i am from UK if i buy property in Oman which will give me residence of oman will it give me rights to me and my wife to work in Oman? Can you please advise?
No. Not the right to work.
@@TheWanderingInvestor So what would be your right advice come to Oman find job and then buy property? if i am thiking to settle down with family? Thanks for your promt response!!
@@rehanorkut Find a job. Not easy.
Thank you very much for your reply.
What a great video. I'm UK based with a young family thinking of relocating and I'm really struggling between Oman, Turkey or Malaysia. Its a tough decision. My friend works and lives in Dubai and he mentioned that Oman is the best part of the UAE hands down. My concern is living cost especially schools. In terms of work, I hope to work remotely for a UK company or maybe pick up a job in Oman. I wouldn't know where to start with the latter! Any agencies you would recommend?
There aren’t any jobs in Oman, such real estate residency does not give the right to work locally. You can work for a UK company though. Get in touch with Nicole, she runs a good real estate agency if you are looking to buy for residency: nicole@thewanderinginvestor.com
Brother i am in same situation so have u decide to settle in which country if you dont mind. Even i an British citizen really very hard to decide where to relocate as i am looking for Islamic country Insha Allah.
Very comprehensive video👍🏾.
What is minimum amount of purchase property to avail Residency?
Thank you. No minimum. It just needs to be in an ITC.
Thanks for the reply, in ITC what is minimum amount of property is possible for cash buy?
@@rj9980 about 100k USD. Maybe less for a small office which could also qualify.
@@TheWanderingInvestor Which ITC is recommended for value for money?
All you got to do is to start a business
Please do a video about investing ireal estate in Ajman UAE
I will next time I go. I’m not bullish though.
my friend you have received the call for prayer before continuing! It is just respect for others' religion!
You’re right, sorry.
I am international real estate agent. Can we talk
Hi
hello
are you watching the france game..I've seen someone like you
Lol. Where?
Too much macro talk
Investing in Oman without understanding the unique macro would be shooting blind.
You don’t talk while the prayer is going on! So rude!
With all due respect your message is rude.
You should choose your words carefully
It’s disrespectful to speak when the call to prayer is sounded.
How can a property management company can be established in Oman by an expat ? Thanks
Only in partnership with an Omani
Any idea or input on this new project called AIDA by Darglobal in YITI area. If any one has some info on this project , I would appreciate some input. At the moment it’s only sale on plan and will be finished in 2027 . Thank you so much @thewanderinginvestor
I don’t know anything about it. Sorry.