Running a property business in Oman
Across Oman, the Ministry of Housing and Urban Planning sets property policy, and a new Real Estate Registry Law is modernising registration. Foreign nationals can buy in Integrated Tourism Complexes, and recent rules have opened more areas to them. Leases are registered with each municipality. VAT at 5% has applied since April 2021, collected by the Oman Tax Authority. Fawtara e-invoicing is planned in three phases: a pilot for about 100 of the largest taxpayers in August 2026, then phases indicated for early and mid to late 2027. RealMake keeps each company's invoice data ready for its phase.