Expatriate savings system
When does the expatriate savings scheme start?
The situation
The Fund board sets the start date, no later than 19 July 2027.
The law
- Social Protection Law, Royal Decree 52/2023 (savings system for non-Omanis): Employer savings contribution of 9 percent of basic wage, start date set by the Fund board, no later than 19 July 2027
What it means for you
Employers will pay 9 percent of each non-Omani worker's basic wage into a savings account, starting on a date set by the Fund board, no later than 19 July 2027. On OMR 600 basic that is OMR 54 a month. Budget for it now.
What to do
- Budget 9 percent.
- Watch Fund announcements.
- Update payroll.
- Brief staff.
We can do this for youSocial Protection Fund registration and monthly contributions: OMR 60