Al Turki $42m Oman construction win

expat network

Al Turki $42m Oman construction win

High-profile ocean front mixed-use destination, The Wave in Muscat has awarded a RO16.2 million ($42 million) contract to leading developer Al Turki Enterprises for the construction of 99 villas, a report said.

“Reehan Residences, is one of our greenest precincts in the master plan and with 90 per cent sold out following the launch in June 2014, we are now ready to award the delivery of this precinct,” Hawazen Esber, chief executive officer at The Wave, Muscat was quoted as saying in the Times of Oman report.

He said that Reehan Residences was launched last year and Marsa Gardens this month in response to a growing demand for luxury product in the market.

Esber added that there were a number of other new releases planned for 2015, according to the report.

“Al Turki Enterprises has already been responsible for key projects in our master-plan including over 600 villas and townhouses and 550 apartments and continue to add value to the project through efficient building techniques and onsite management,” Esber added.

Source: Trade Arabia

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Moving Abroad Checklist

Initial Considerations

Will your partner be travelling with you?

If so, what will they be giving up in your present home and will they be able to continue with their career in your new home? You will need to check whether a separate visa is required for your partner to work or if your visa gives that right. If they are unable to work you will need to decide on the effect on your finances and what alternatives are available to give a fulfilling life (home business, training, voluntary work).

Are you taking family with you?

Moving with family raises many exciting opportunities, but also can create challenges. The HSBC Expat Explorer survey indicates that expat kids can take six months to settle in to their new country (see article). Getting young or even older children to prepare to move and leave their friends and family behind can be a challenge and should be thought through.

The options for education is another area that needs to be thought through.

Moving your child to a new country with a different education system can be a great opportunity to broaden their experience, but if they are close to key exams the timing can make this inadvisable. If you do take your family with you, it is important to decide between joining the local school system or choosing an international school.

Where will you be living?

Whether you will be living in a house or apartment, furnished or unfurnished, these decisions will affect what you need to take with you. The time you are planning to live overseas will also affect whether you should leave your property at home empty, rent it out or sell it. See the article Sell, Store or Ship.