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Exporting to Oman
A guide for British businesses who are interested in developing their overseas trade and doing business in Oman.
Oman is the second largest state in the Arabian peninsula and is a founding member of the Gulf Cooperation Council (GCC). Around 44% of Oman’s population are expatriates.
Benefits for British businesses exporting to Oman include:
- UK is Oman’s biggest foreign investor
- English is widely spoken and accepted as a business language
- indigenous population growing at 3.5% per annum, with over half under 25
- British standards are widely used
- 7,000 UK residents make up the largest Western expatriate segment
- majority of western tourists come from the UK
Strengths of the Omani market include:
- strong government investments in infrastructure, healthcare and education (£7.5 billion in 2014)
- no personal income tax
- full repatriation of capital, net profit and royalties
- proximity to other Gulf markets
- good connectivity by air to all major cities
