Very interesting. Is the residency renewable indefinitely (provided you continue to own the property)? What is the minimum investment/purchase price? In fairness to Dubai, the Government are also really trying to compete by also offering 5-10 year visas + 100% foreign company ownership. They now really want families and retirees to come and settle long term, rather than just your typical expat flying in for a couple of years to “make millions” and then leave. Anyway thanks Ladislas for another really fantastic video. If you are still in the region, it would be great to see your take on Qatar and Bahrain.
Thank you. Yes, renewable indefinitely. You’re right, Dubai is making very positive changes. There is no minimum investment in Oman. You just need to buy anything within these developments. The cheapest I saw was an office space for about $50k. With the residency permit you can live outside of the developments anywhere in Oman.
Hey bro m your big fan and I like how you give maximum information in single video on a particular topic. Please can you make a separate video on which type of business can be grow in Oman easily if you are a outsider.
Hi Ladislas, thanks for this tour! Do you know what year Al Mouj first started? Also, are they still building units next to the existing ones? I know that they are building a St-Regis but do you know if they are building new apartments? I fear that with all of the vacant land around supply will be abundant and this will keep prices down.
Hello!! How r u? I watched your videos firstly it was awesome your have brillant content and real estate knowledge.. which is needed in it.. however I have a question for you tell me how much real estate agents earn in Oman what will be basics salary???? Awaiting for your great response!!
Are the rentals still low today? Returns compared to dubai are almost half. I would live in Oman but I would rather invest in dubai for rental returns. Can we have a zoom call and understand the market today there?
The numbers have gone up a little bit compared to what they were back then. Updated analysis: thewanderinginvestor.com/international-real-estate/making-a-real-estate-investment-in-oman-a-residency-and-lifestyle-play/
Did you try Dubai? no income tax, yields up to 10%. No sure how true is it but would be great if you go there one day to analyse it. Keep up the good work.
@@TheWanderingInvestor These properties will be in specified sites and should be licensed by the Ministry of Housing and Urban Planning. "Fees incurred by the seller would be 3 per cent of the unit value, and fees for the beneficiary would be 5 per cent of the unit value upon registration," the resolution said. The lease is for an initial period of 50 years, which may be renewed up to 99 years. The objective is to encourage expatriates to buy property while keeping in mind the demographics of the country. "It also contributes to creating a competitive business environment in this sector, and will inject cash into the real estate market," the resolution said.
If I were a Resident, based on a property I purchase via you, can I also work in Oman? I am interested in spending more time there, in my own property but supplement my income as well. I cannot become a Dolphine and swim for the rest of my life. LOL.
@@rasalkhaimah If I had had more time back then I would have stayed longer to try to close a deal. You can’t be time pressed in Somaliland. Discussions take a while 🤷♂️
Oman is a great country very pleasant to live. I love the people, the sea, the mountain and the desert. Very pleasant and peaceful life style
5 years in Oman was fantastic
Hi and thank you for all your eye-opening and informative videos. Could you do the same on the property market in Marocco, please?
Next time I go there I’ll do research 🙂
Very pleasant looking flat with seemingly low purchase and maintenance costs. I'd live in it.
Very interesting. Is the residency renewable indefinitely (provided you continue to own the property)? What is the minimum investment/purchase price? In fairness to Dubai, the Government are also really trying to compete by also offering 5-10 year visas + 100% foreign company ownership. They now really want families and retirees to come and settle long term, rather than just your typical expat flying in for a couple of years to “make millions” and then leave. Anyway thanks Ladislas for another really fantastic video. If you are still in the region, it would be great to see your take on Qatar and Bahrain.
Thank you. Yes, renewable indefinitely. You’re right, Dubai is making very positive changes.
There is no minimum investment in Oman. You just need to buy anything within these developments. The cheapest I saw was an office space for about $50k. With the residency permit you can live outside of the developments anywhere in Oman.
I really like your videos. Keep up the good work!
Can you show Low budget apartments please. Like 35000-40000 Omani riyals please.
Hey bro m your big fan and I like how you give maximum information in single video on a particular topic.
Please can you make a separate video on which type of business can be grow in Oman easily if you are a outsider.
They actually make it very hard for foreigners to start businesses without local partners. In most cases local partners are a liability.
Would be great if you can make one video and and how to invest in Jebel Sifah specially about daily rental
Hi Ladislas, thanks for this tour! Do you know what year Al Mouj first started? Also, are they still building units next to the existing ones? I know that they are building a St-Regis but do you know if they are building new apartments? I fear that with all of the vacant land around supply will be abundant and this will keep prices down.
Very good point. Yes, they are still building. As a homeowner your number 1 competition is the primary market from the Developer.
@@TheWanderingInvestor Thanks for taking the time to answer!
I wanted to ask about this place, where it's located and some more infos about the place & how much the prices for the rent for few weeks?
Thank you very much for this information. Is there any possibility of buying outside of the ITC areas ?
Not for now
In uk rental yields im getting 8-10% in north east uk but london very low 3%.
Seems bug laybout of £$ for small return
@@paulcoates3860 it’s about getting that low tax residency more than the rental income
Hello!! How r u?
I watched your videos firstly it was awesome your have brillant content and real estate knowledge.. which is needed in it.. however I have a question for you tell me how much real estate agents earn in Oman what will be basics salary????
Awaiting for your great response!!
Thank you. You eat what you kill in Oman. Commissions only.
What about Qatar and Bahrain freehold properties for foreigners
Are the rentals still low today? Returns compared to dubai are almost half. I would live in Oman but I would rather invest in dubai for rental returns. Can we have a zoom call and understand the market today there?
The numbers have gone up a little bit compared to what they were back then. Updated analysis: thewanderinginvestor.com/international-real-estate/making-a-real-estate-investment-in-oman-a-residency-and-lifestyle-play/
nice information
May I know the price for 2 bhk
Did you try Dubai? no income tax, yields up to 10%. No sure how true is it but would be great if you go there one day to analyse it. Keep up the good work.
Thank you Tibor. Such yields never last long in Dubai. It’s a market where rents tend to fall as a building ages.
Hi, thank you for your videos How to get Real Estate license? Do you have to be Resident or Citizen of Oman?
Lots of foreigners are real estate agents,you need to be a resident of Oman first, some companies can sponsor your residence visa.good luck
Hello Ladislas, I have been emailing Nicole but haven't heard back from her. Is she ok?
Can you forward the email to me? Will follow up. Maybe a spam issue.
So residency with purchase of property?
Correct
But only leasehold
@@balance3201 No. freehold.
@@TheWanderingInvestor laws states needs to be leasehold
@@TheWanderingInvestor These properties will be in specified sites and should be licensed by the Ministry of Housing and Urban Planning. "Fees incurred by the seller would be 3 per cent of the unit value, and fees for the beneficiary would be 5 per cent of the unit value upon registration," the resolution said.
The lease is for an initial period of 50 years, which may be renewed up to 99 years. The objective is to encourage expatriates to buy property while keeping in mind the demographics of the country. "It also contributes to creating a competitive business environment in this sector, and will inject cash into the real estate market," the resolution said.
Awesome!
How do they fund infrastructure, k-9 education, prisons, colleges, hospitals etc. without taxes?!
Debt and oil. Not very sustainable.
too much noise in the viseo .. work on the sound quality
Yes. Thank you 👍
If I were a Resident, based on a property I purchase via you, can I also work in Oman? I am interested in spending more time there, in my own property but supplement my income as well. I cannot become a Dolphine and swim for the rest of my life. LOL.
@@Voluntia No. You can work online, but not locally.
How warm is it in Oman during the summer?
Very 🔥 😅. Winters are amazing though.
Of yesterday's temperature 49°C or 120.2°F
50 degrees @ summer 🥵
this is awesome.... do you have nicole' contact details
thewanderinginvestor.com/services/international-real-estate-services/my-favourite-real-estate-agent-in-muscat-oman/
That yield is almost nothing, compared to Hargesia somaliland.
For that kind of money you can easily get 20% yield here. Some areas even higher.
I tried to buy land in Berbera 13 years ago but they wouldn’t let me 😰
@@TheWanderingInvestor You would have become a millionaire if you did.
@@rasalkhaimah If I had had more time back then I would have stayed longer to try to close a deal.
You can’t be time pressed in Somaliland. Discussions take a while 🤷♂️
@@TheWanderingInvestor Watching your content all the way from Berbera. Keep up the good work!
@@rasalkhaimah haha nice!
A Big NOPE
Why so