The Ministry of Labor in the Sultanate of Oman has denied what is being circulated about the Sultanate’s cancellation of residency for expatriates over 40 years old.
The Ministry of Labor said in a statement: “There is no truth to what is being circulated regarding the Sultanate’s cancellation of residency for expatriates over 40 years old in 20 professions.” According to the newspaper (Times of Oman)
The Omani Ministry of Labor had issued an urgent decision to extend the work of licenses to bring in non-Omani manpower, which expired until 9/30/21.
The Omani Ministry stated in a brief statement to it that this comes out of the facilities provided by the ministry to private sector companies and facilities to face the effects of the Corona virus (Covid 19).
announce #Ministry_of_Labour Regarding the extension of work permits to bring in non-Omani manpower until 9/30/2021, in light of the facilities provided by the Ministry to private sector companies and establishments to face the effects of the Corona virus (Covid 19). pic.twitter.com/HFjZEKH1y8
— Ministry of Labor – Sultanate of Oman (@Labour_OMAN) June 30, 2021
“Investor residency” in the Sultanate of Oman
The Omani Ministry of Commerce, Industry and Investment Promotion in Oman had previously revealed the “Investor Residence” program.
The program grants foreign investors and retirees the right to long stay in the Sultanate.
Read also: The Sultanate of Oman announces a ban on entry for travelers from these countries
This program will be activated during the month of September through the Ministry’s Investment Services Center electronically, after completing all procedures related to the project.
economic stimulus plan
This new Omani service comes as part of the economic stimulus plan and in pursuit of its objectives related to improved incentives for the business environment.
The program aims to facilitate granting residency to investors wishing to invest in the Sultanate of Oman, so that the residency period is 5 or 10 years, subject to renewal, while adhering to the procedures and controls regulating this.
In addition to supporting integrative efforts to enhance the investment environment in the Sultanate and to attract quality investments according to clear and specific controls.
Expatriates in Oman make up nearly 40% of the country’s 4.5 million population
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