Oman Golden Residency Through a Fixed-Term Deposit

Oman Golden Residency through a fixed-term deposit is a 10-year residence route for investors. The investor places at least OMR 200,000 in a fixed-term deposit with a licensed Omani bank.

The official Oman Golden Residency guide says the deposit must stay for at least five years. It is renewable for another five years.

Money in a current account or savings account is different. The bank product, deposit term and bank evidence must match the Golden Residency route.

What this residence route means

The fixed-term deposit route is one official way to qualify for Oman Golden Residency. The applicant keeps a large amount with a licensed Omani bank for a set period.

The fixed deposit is the qualifying investment. The bank must first accept the customer and the money. The government then reviews the residence application and its supporting documents.

Opening a deposit does not give automatic approval. The applicant must also meet the current identity, age, investment and document rules.

At a glance

Point	Current public information
Residence period	10 years.
Qualifying amount	At least OMR 200,000, about USD 520,000.
Bank	A licensed Omani bank.
Deposit type	A qualifying fixed-term deposit.
First deposit term	At least five years.
Next period	The official guide says the deposit is renewable for another five years.
Applicant age	At least 21 years for the investor visa.
10-year investor visa fee	OMR 500 on Gov.om. Bank and other costs are separate.
Approval	Subject to bank approval and government approval.

What makes the deposit qualify

The investor must place at least OMR 200,000 in a fixed-term deposit. The bank must be licensed in Oman. The first term must be at least five years.

The amount should remain as the qualifying principal. Principal means the main amount placed in the deposit. Bank charges, transfer costs and visa fees should be paid with other money.

The exact bank product must also be accepted. A product sold by a bank may be a fund, bond, insurance plan or market product. These products should not be treated as a qualifying fixed deposit without written confirmation.

Money or product	Normal access	Position for this route
Current account balance	Used for daily payments and transfers.	Do not assume it qualifies.
Savings account balance	Usually easy to withdraw.	Do not assume it qualifies.
Call deposit	Available after short notice.	May not meet the fixed-term rule.
Fixed-term deposit	Held until an agreed end date.	May qualify when the bank, amount, term and evidence are accepted.
Fund or market product	Value may change with the market.	It is not automatically a bank deposit.

Investors who need a case review before moving funds can use our Oman Golden Residency advisory.

Bank evidence for the application

The residence file must show that the investment is real. The official guide lists proof of investment and a bank statement among the common documents.

The bank may also need to give a deposit letter or certificate. The exact format should be checked in the live application system before the deposit is opened.

The bank evidence should clearly show

• The investor’s full legal name.
• The bank name and account details.
• The deposit amount and currency.
• The opening date.
• The maturity date, which is the end date.
• The fixed term of at least five years.
• The ownership of the deposit.
• Any rule about early withdrawal, renewal or a pledge.

The name on the passport, bank account, transfer record and deposit proof should match. The bank may ask for documents that explain the source of funds and source of wealth.

Practical application sequence

1. Check the live Golden Residency rules.
2. Choose a bank from the Central Bank of Oman list of licensed banks.
3. Ask whether the bank can open the required fixed-term deposit for the applicant.
4. Prepare passport, address, tax and source-of-funds documents.
5. Receive bank approval and written deposit terms.
6. Transfer enough money to keep at least OMR 200,000 after all charges.
7. Open the qualifying fixed-term deposit.
8. Collect the bank statement, deposit agreement and required bank proof.
9. Submit the Golden Residency application through the official system.
10. Keep the deposit active and prepare for renewal before maturity.

The bank and the authority may ask for more documents. The order can also change for a specific applicant.

How long the deposit must stay

The official guide states a minimum term of five years. It also says the deposit is renewable for another five years. This connects the deposit with the 10-year residence period.

The investor should check the renewal process before the first five years end. The bank may issue a new agreement and new proof for the second term.

Do not let the deposit move into a normal account at maturity without checking the residence rules. A gap between the first deposit and the renewed deposit may create a problem.

Interest, profit and withdrawal limits

A conventional fixed deposit may pay interest. An Islamic deposit may pay profit under its contract. The bank sets the rate, payment time and early-withdrawal rules.

There is no single public rate for this route. A rate can change by bank, currency, term and customer. Ask for the full written terms.

Action	Possible result
Withdraw interest or profit	It may be allowed if the qualifying principal stays at or above OMR 200,000. Confirm this in writing.
Make a partial withdrawal	The deposit may fall below the required amount.
End the deposit early	The bank may reduce the return. The qualifying investment may also end.
Use the deposit as security for a loan	The bank places a pledge over the deposit. Confirm whether this is accepted before borrowing.
Change bank or currency	The old deposit may close before the new one starts. Confirm the process first.

Common mistakes

Mistake	Why it can cause a problem
Keeping OMR 200,000 in a current account	A normal balance is not a fixed-term deposit.
Choosing a product only because it has a high return	The product may not meet the residence rules.
Sending money before bank approval	The bank may ask for a different account, currency or document file.
Using part of the OMR 200,000 for fees	The qualifying principal can fall below the threshold.
Assuming every licensed bank must accept the case	Each bank has its own customer and risk checks.
Breaking or reducing the deposit	The qualifying investment may no longer meet the rules.
Forgetting the first maturity date	The fixed deposit may end after five years without a valid renewal.
Assuming the full amount is insured	The current conventional scheme cap is OMR 20,000 per depositor per member bank.
Using a joint or split deposit without confirmation	Public information does not clearly confirm that every joint or multi-bank structure is accepted.

Fixed-term deposit checklist

• Confirm the OMR 200,000 minimum in the live system.
• Confirm that the bank is licensed in Oman.
• Ask the bank to confirm the exact deposit product.
• Confirm the first term is at least five years.
• Ask how the second five-year period will work.
• Keep fees and transfer charges outside the qualifying amount.
• Prepare clear source-of-funds documents.
• Check the accepted currency before transfer.
• Read the early-withdrawal and pledge rules.
• Ask which bank letter or certificate is required.
• Keep all bank statements and transfer records.
• Set a reminder before the maturity date.

Frequently asked questions

What is the minimum fixed deposit for Oman Golden Residency?

The current minimum is OMR 200,000. The deposit must be placed with a licensed Omani bank.

How long must the deposit stay fixed?

The official guide says at least five years. It also says the deposit is renewable for another five years.

Can money in a savings account qualify?

Do not assume it qualifies. This route requires a fixed-term deposit. A flexible savings balance is a different product.

Can any Omani bank provide the deposit?

The bank must be licensed in Oman. The bank must also accept the applicant and offer a product that meets the route rules.

Can I receive the interest or profit?

The bank terms may allow this. Confirm that the main qualifying amount stays at or above OMR 200,000.

Can I withdraw part of the deposit?

A partial withdrawal can reduce the deposit below the required amount. It may affect the residence file. Check before any withdrawal.

Is the full OMR 200,000 protected by deposit insurance?

No. The current conventional scheme has a maximum of OMR 20,000 per depositor per member bank, subject to its rules.

Does opening the deposit guarantee Golden Residency?

No. The bank and the government review the applicant, the funds, the deposit and the documents.

Can the deposit be split between two banks or held jointly?

Do not assume that a split or joint structure qualifies. Get written confirmation before using this structure.

Related Oman Verified guides and services

Conclusion

Oman Golden Residency through a fixed-term deposit requires at least OMR 200,000 in an accepted fixed-term deposit with a licensed Omani bank. The first term is at least five years and the official guide says it is renewable for another five.

The main checks are the bank, the exact product, the source of funds, the deposit proof, withdrawal limits and renewal before maturity.

Official Sources

• Oman Golden Residency official portal
• Invest Oman: Oman Golden Residency official guide
• Gov.om: Get Investor Visa
• Central Bank of Oman: Licensed banks
• Central Bank of Oman: Bank deposit insurance coverage

Official public information reviewed on 24 July 2026. Confirm the current requirements in the live government systems before submission.