Overview of Sultanate of Oman Residency by Investment Program

Sultanate of Oman, situated in the Middle East on the southeastern edge of the Arabian Peninsula, offers varying living costs based on lifestyle choices and income allocation. Here’s a breakdown to consider:

• Location Impact: Costs differ across Sultanate of Oman, with urban areas like Muscat generally having higher prices, while options outside the city might offer budget-friendly savings.
• Dining Expenses: Eating out can be costly, particularly in upscale hotels, but budget-friendly breakfasts and affordable cuisines can be found.
• Grocery Choices: Depending on your origin, the cost of groceries might vary, with local products often being more economical.
• Transportation Costs: Vehicle use is cheaper than in Europe, and while buses are available in cities, public transportation is widely common.
• Utility Expenses: Utilities such as water, gas, and electricity are reasonably priced, and communication options include VPNs and Wi-Fi.
• Sports and Leisure: Engaging in sports and fitness activities may require a higher budget, and entertainment costs fluctuate, including cinema tickets and clothing shopping.
• Accommodation Trends: Sultanate of Oman, as with other countries, encounters housing variations based on individuals’ lifestyles. Its capital, Muscat, experiences high rental prices, divided between downtown and the outskirts. Rent in downtown Muscat ranges from 200 to 350 Omani rials for a two-bedroom apartment. In outlying areas, costs may decrease for newer buildings or hover around 90 to 150 Omani rials for older residential complexes. Individuals living alone can share two-bedroom apartments with others, costing approximately 50-60 Omani rials per person in downtown Muscat, based on a unit housing 5 individuals.