Oman expat numbers drop below 40%
The number of expats living in Oman has fallen significantly to less than 40% of the country's population, the first time such a large drop has been recorded in five years, according to data from the country's National Centre for Statistics and Information.
Data from the Oman NCSI shows that more than 45,000 expats left Oman in the last month alone, meaning that as of 27 July 2020, expatriates in Oman constitute only 39.9% of the country's total population of 4,536,938.
Expats now make up 1.81 million of the population, while Omanis account for 2.7 million.
The highest expatriate numbers in the past five years was on April 26, 2017, when they accounted for 46% of the population, the data stated.
The impact of the covid-19 pandemic across the region has led to many expats returning home with many Middle East nations seeing dramatic decreases in expatriate numbers.
As reported, Kuwait and Saudi Arabia have been actively pushing down the expat numbers in a bid to get more nationals into jobs.
by Tanya at http://www.ifajobs.net
Daniel van Niekerk
Welcome to Prestige IFA Jobs, the premier international wealth management recruitment service. Since our establishment in 2016, we have earned a reputation as the go-to choice for discerning international wealth management and investment advisory firms around the world. At Prestige IFA Jobs, we redefine the art of headhunting in our industry. We stand unrivaled, leading the way with our unique approach and unmatched expertise. No one does what we do quite like us. Our commitment goes beyond simply matching a qualified candidate with a good IFA firm. We believe in finding the perfect synergy between candidate and company. With our extensive background in personal financial advisory across multiple countries, we take the time to deeply understand our candidates and our clients. So, when things go wrong, don't go wrong with them...because the successful warrior is the average man, but with laser focus.
