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Oman issues new free zone rules for foreign property ownership, residency and business licences

Oman issues new Special Economic Zone and Free Zone regulations covering foreign property ownership, residency, off-plan sales and automatic business licences

Oman has introduced new regulations for its special economic and free zones. The rules cover foreign property ownership, residency, and business licences. They also address off-plan sales and real estate development.

The regulations were issued by the Public Authority for Special Economic Zones and Free Zones (OPAZ) under Resolution No. 81/2026. They implement the Special Economic Zones and Free Zones Law, which was promulgated by Royal Decree No. 38/2025, according to Gulf News.

The new framework aims to improve Oman's investment climate and make its economic and free zones more competitive. According to Qais bin Mohammed Al Yousef, Chairman of OPAZ, the regulations provide greater regulatory clarity and a more efficient business environment to attract high-value and strategic projects.

Brief written by urgent.news from Arabian Business, Gulf News — 2 reports on this story. Machine-written — may contain errors; check the original before relying on it.

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