Oman 10-Year & 5-Year Investor Residency Program & New Labor Law Gratuity Rules (Royal Decree 53/2023)

Oman's Strategic Vision 2040: Investor Residency & Modernized Labor Codes

The Sultanate of Oman has positioned itself as one of the most attractive investment and lifestyle hubs in the Gulf, spearheaded by Oman Vision 2040. Through the Investor Residency Program (IRP) administered by the Ministry of Commerce, Industry and Investment Promotion (MOCIIP) and the Royal Oman Police (ROP), foreign investors can obtain long-term renewable residency.

Simultaneously, the landmark Oman Labor Law (Royal Decree 53/2023) enacted sweeping reforms to workplace leave entitlements, working hours, and End of Service Gratuity calculations for all private sector expatriates.

1. Oman Investor Residency Program (IRP) Tiers

2. Key Protections under the New Oman Labor Law (RD 53/2023)

• Annual Leave: 30 calendar days of fully paid annual leave per year after 6 continuous months of employment.
• Maternity Leave: Increased to 98 fully paid days under the newly unified Social Protection Fund provisions.
• Paternity Leave: 7 fully paid days upon the birth of a child.
• Working Hours & Overtime: Maximum 8 hours per day (40 hours per week) with a mandatory 30-minute rest break after 6 consecutive hours. Overtime is compensated at 125% for daytime extra hours and 150% for nighttime hours.
• End of Service Gratuity: Calculated at the rate of the last drawn basic monthly salary for every completed year of service, with fractional portions computed pro-rata.