Oman Ministerial Decision No. 58/2022 On Providing Benefits to Non-Omani Investors in the Ownership of Some Real Estates
Type
Law
Issued on
3 Mar 2022 (corresponding to 29 Rajab 1443 H)
Nature
Ministerial Decision
Jurisdiction
Oman
Taxonomy
General Real Property Law, General Commercial Law, Nationality & Citizenship
Based on the Land Law issued by Oman Sultani Decree No. 5/1980;
Real Estate Register Law issued by Oman Sultani Decree No. 2/1998;
Oman Sultani Decree No. 21/2004 on the regulation of real estate’s ownership by GCC Citizens in the member states;
Law on prohibition of ownership of real estates and lands by non-Omanis in some places issued by Oman Sultani Decree No. 29/2018;
The Implementing Regulation of Law on prohibition of ownership of real estates and lands by non-Omanis in some places issued by Oman Ministerial Decision No. 292/2020; and
Based on the requirements of the public interest;
The following has been decided: