Oman is an Arabian Peninsula country located on the southeast coast of the Strait of Hormuz. It has a strategic location on the water and is considered one of the most developed countries in the region. Oman offers great investment opportunities, thanks to its stable economy and growing tourism industry. Here are just a few reasons why you should consider investing in Oman.
Reasons to invest in oman?
1) Oman has a very young and educated population – over 60% of Omanis are below the age of 30 and 45% are under the age of 15. This provides a large and skilled workforce for businesses to tap into.
2) Oman is strategically located – it is situated on the southeast coast of the Arabian Peninsula and has direct access to the Indian Ocean. This makes it an ideal location for businesses looking to trade with both Asia and Africa.
3) Oman has a stable political environment – the country has been ruled by the same family for over 200 years and is therefore very stable politically. This makes it an attractive destination for businesses and investors alike.
4) Oman has a growing economy – according to IMF figures, Oman’s economy is expected to grow by 4.5% in 2018. This makes it an attractive destination for businesses and investors alike.
5) Oman is a popular tourist destination – the country has a wealth of historical and cultural sites, as well as natural beauty. This makes it an attractive destination for businesses and investors alike.
6)The government is supportive of foreign investment – Oman is a member of the World Trade Organization and has signed a number of Free Trade Agreements. This makes it an attractive destination for businesses and investors alike.
7) Oman is a safe and stable country – the crime rate is low and the government is stable. This makes it an attractive destination for businesses and investors alike.
8) Oman is rich in natural resources – Oman is loaded with oil and gas reserves, as well as minerals. This makes it an attractive destination for businesses and investors alike.
9) Oman is a culturally diverse country – Oman is home to people from many different cultures and religions. This makes it an attractive destination for businesses and investors alike.
10)The cost of living is relatively low – Oman has a strategic advantage of having a lower cost of living than some of its GCC counterparts. This makes it an attractive destination for businesses and investors alike.
11) The standard of living is high – Oman has a very high standard of living, with excellent infrastructure and amenities. This makes it an attractive destination for businesses and investors alike.
If you are interested in investing in Oman, Saud Bahwan Group is a great place to start. With a variety of businesses under one roof, you can be sure that you will find something to fit your interests and investment goals. Contact us today to learn more about our businesses and how we can help you get started on your investment journey in Oman.
