The Maldives is a unique archipelago of over a thousand islands in 26 different atolls set in the Indian Ocean, boasting untouched coral reefs, pristine beaches, and some of the best diving sites on earth. Due to its magical nature and high-end tourist facilities, the island nation has become a dream destination for travelers who seek privacy, luxury, and adventure in a picturesque corner of the world.

These distinctive strengths have helped the Maldives make quite a name for itself in the tourism industry, attracting an average of nearly 1.5 million tourists per year. 

 

Why Invest in the Maldives?

Though small in population, the island nation enjoys a number of economic strengths, including an abundance of natural marine resources, and a young and dynamic workforce. With the government’s support, the Maldives has recently become even more business-friendly. Significant Improvements to infrastructure and increasing ease of travel will serve to further boost tourism over the coming years, and new government policies are offering more opportunities to interested investors.

Developing in the Maldives today ensures investors a share in this exciting and promising future.

 

 

Investment Incentives

• Up to 100% foreign ownership
• Legally-backed investment guarantee
• Provision for overseas arbitration of disputes
• Long-term contractual agreements and long-term lease of land
• Freedom to use foreign managerial, technical, and unskilled workers
• No foreign exchange restrictions
• No restrictions on the repatriations of earnings or profits
• Investment Regulations

How to Invest in the Maldives

Before investing in the Maldives, interested parties can gather necessary information and decide on the type and extent of investment they would like to make. We at Momentum are well-versed in the investment opportunities available in the Maldives, and are happy to provide guidance throughout the process with a team of experts across the field and a decade of experience.

Once a decision has been made to invest, the interested party can visit the country on a free 30-day tourist visa and conduct in-person research and complete all the paperwork required to make an investment in the island nation. 

After the investment is approved by the Government, all employees recruited for the operations can then follow the normal process of obtaining a work permit, and the business can be fully established.

Further information on entry requirements, other types of visas, and tourist visa extensions are available on the website of the Maldives Department of Immigration and Emigration.

 

For more information:

• Law on Foreign Investments in the Republic of Maldives (Law: 25/79)
• Companies Act of the Republic of Maldives (Law: 10/96)
• Regulations Governing Duty Free Businesses in Maldives
• Regulations for Issuing Licenses to Fish in the Exclusive Economic Zone of the Republic of Maldives
• Entry Permits and Visa Requirements
• Ministry of Economic Development (more about regulations and procedures concerning investment in the Maldives)
• Maldives Monetary Authority (up-to-date statistics and research on the Maldivian economy)

Reputed international businesses with resort investments in the Maldives:

• Hilton
• Four Seasons
• One & Only
• Club Med 
• Waldorf Astoria
• LUX*
• Jumeirah
• Hard Rock Hotels
• Mövenpick