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Below is a list of articles from several sources about the current and future real estate and tourism opportunities in the Sultanate of Oman.

 

Why Invest in Oman

May Investors choose  to invest in Oman for several reasonsA Special International Report Prepared by The Washington Times Advertising Department - Published on December 21, 1999, mentioned the reasons why US should invest in Oman. These reasons are also true for investors. 

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Incentives for foreign investment in Oman 

  • No tax on capitalist returns or profits.
  • No restrictions on capital and profit transfers.
  • No restrictions on exchange processes 
  • The convertibility of the Rial Omani and fixed exchange rate with US$.
  •  Law corporate profit tax.    

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Oman: Real Estate Market Expected To Gain Further Momentum

The healthy macro-economic environment in 2005 has spilled its effects over all the activities in Oman including real estate. The total plots distributed have increased from 11,925 plots in 2003 to 35,359 plots in 2004, with the residential sector capturing the biggest share of the boom, registering 85.7% of the total number of plots distributed in 2004. Again, most of the real estate activity was concentrated in the capital city "Muscat" representing around 38% of total plots distributed in 2004.   

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Blue City in Muscat, Oman - Construction begins

Blue City in Muscat, Oman - Construction begins: Developers yesterday kick-started the construction of the $15-$20 billion Blue City with a groundbreaking ceremony for the $3 billion Phase 1.

Amidst rapid tourism development in the country, Oman is looking to take the development process to every region of the Sultanate, said Sayyid Asaad Bin Tareq Al Said, representative of Sultan Qaboos Bin Said, on the sidelines of the ceremony.

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Eqarat.com launches extensive business operations in Oman

Eqarat.com, the Dubai-based total solutions provider to the real estate sector, has announced the launch of its business operations in Oman as part of an aggressive expansion strategy aimed at establishing a stronger presence amongst developers and investors in the regional market. 

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Orascom to invest in Oman's real estate market

The chairman of Cairo-based real estate conglomerate, Orascom Hotels and Developments (OHD), said that the company is looking to establish major real estate investments in the Sultanate of Oman, Times of Oman reported.

He indicated that the company, which owns a 70 percent shareholding in Muriya Tourism Development Company, is set to positively influence the integrated community development scene in Oman.

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Oman Real Estate Market Comes Of Age

Dubai: From the perspective of a real estate developer, seeking out a potential investment destination is similar to diving into the deep blue sea, driven by the possibility of finding that rare gem - in this case an untouched location - that has the potential to create a magnificent sustainable tourist destination.

Oman is fast evolving into a real estate developer's dream. However, one is prompted to question - what is so exceptional about Oman?

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Oman will be one of the hottest destinations in 2008’

MUSCAT — Usama bin Karim Al Haremi, head of Corporate Communications and Media Department of Oman Aviation Services (Oman Air) said that Oman is blessed with the most tempting natural locations in the Gulf, and has started to take advantage of these possessions in developing its tourism industry. Widely known as Arabia’s best kept secret, Oman is becoming increasingly popular as a tourist destination, and has emerged into the travel world enlightening a land of friendly people and spectacular landscapes.

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Oman Set to Become Tourism Hotspot

by Michele Howe on Thursday, 18 October 2007

Oman is set to be a key tourism hotspot, a regional real estate advisory consultant said yesterday.

Predicting that with its triple sell of sun, sea and sand, the country was set for a boom in tourism, Robin Williamson, general manager of DTZ Bahrain, said that Oman represented a “huge opportunity” for real estate developers operating in the region
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