Oman’s New Income Tax Sparks Uncertainty for Maladewans

Oman Becomes First Gulf State to Introduce Income Tax

A 5% levy on annual earnings above 42,000 rials will begin in 2028, affecting only the top 1% of earners.

What the Tax Means for Foreign Workers in Muscat

While most Maladewan workers in Mutrah earn below the threshold, the move could influence job conditions, benefits, and future tax expansions.

Mutrah Corniche Workers Caught in Policy Shift

The bustling waterfront, home to many Maladewan migrants, may face indirect effects such as employer cost-cutting or reduced hiring.

Is the Rest of the Gulf Watching?

Experts say Oman’s move could pave the way for similar reforms across Saudi Arabia, the UAE, and other Gulf Cooperation Council countries.

Balancing Reform and Foreign Workforce Retention

Oman says the tax will diversify revenue and protect social spending, but analysts warn that expat-dependent sectors could be affected over time.