Oman to Implement Expatriate Savings Scheme by 2027

Mar 11, 2026

63 min

Mar 11, 2026 02:30

Oman to introduce mandatory savings scheme for expatriate workers from 2027

## New Savings Initiative

Starting in 2027, Oman will require expatriate workers to participate in a mandatory savings scheme. This initiative, introduced by the Social Protection Fund, mandates that employers allocate 9% of an expatriate's basic salary to a structured savings program. The funds will be available to employees upon the conclusion of their employment in Oman.

## Financial Security for Expatriates

The scheme aims to provide expatriate workers with a financial safety net, allowing them to accumulate savings during their time in Oman. This new system is expected to either replace or complement the existing end-of-service gratuity, offering a more transparent and regulated approach to financial entitlements.

## Broader Social Reforms

This savings scheme is part of a broader set of reforms planned between 2026 and 2028. These include a sick-leave insurance scheme in 2026, requiring a 1% salary contribution, and a work-injury insurance program in 2028, also with a 1% contribution. The latter will offer compensation up to RO3,000 for workplace injuries.

## Enhancing Social Security

The Social Protection Fund's measures are designed to bolster Oman's social security system, improve worker welfare, and enhance the resilience of the labor market. These reforms reflect a commitment to strengthening financial security for the expatriate workforce in the Sultanate.

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