Invest in Executive Accommodation at Muscat Bay Oman

Muscat Bay Oman Overview - Why invest in Muscat Bay?

Muscat Bay is planned for those who seek a balance between modern lifestyle and landscape living. Spread over 2.2 million square meters, it consists of 260 fashionable residential units which include spacious townhouses, luxury villas, and sophisticated apartments in three inhabited zones Wajd, Zaha and Nameer.

Invest in Executive Accommodation at Muscat Bay

The development of Muscat Bay Resort and Muscat Bay Boutique Hotel will include fully finished staff accommodations to meet the housing needs of human resources. This provides an excellent opportunity for investors with a steady income and promising returns on investment.

The compound is built in nine blocks, three of which is for senior staff and five blocks for colleagues. Male and females are in separate blocks.

A separate building dedicated to dining facilities and entertainment is also built. Total of 191 units would be built aiming to house 449 Staff members from the Hotels at Muscat Bay.

Muscat Bay Oman - Master Plan

Muscat Bay Oman - Master Plan

Muscat Bay Oman - Location

Ten Reasons To Invest In Oman

Strategic Location

At the Center of the east west nexus joining markets in Europe, Asia and North America. In addition, to close proximity to African Market.

Trade Agreements

Signatory to WTO, GCC common market, GAFTA, FTAs with USA and Singapore, Iceland, Norway, Switzerland and Lichtenstein.

Political and economic stability

Monarchy led by his Majesty Sultan Qaboos who commands popular support. Sound economic management – strict control over public debt, inflation and rate of exchange

Foreign Ownership

100% foreign ownership in free zones and 70% in most sectors.

Diversification

Government focus on diversification, industrialisation and privatisation to reliance on hydrocarbon revenues.

Taxation

0% personal income tax rate, Low income tax rates structure for companies and double taxation relief treaties available with many countries.

Transparent Legal System

Investor friendly legislative environment

Capital & Profit Repatriation

No restriction on capital or profit repatriation, currency exchange and transfer of dividends.

Infrastructure

Modern infrastructure with good roads, airports, sea ports and communications

Custom Exemption

Exemption on import of plant, machinery and raw materials for 5 year from commencement of production.

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