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Real Estate

Planning to Invest? Maldives offers Vast Scope and Potentials

Maldives is a world renowned tourist spot, in the Indian Ocean. Tourism is the major source for foreign exchange for the Government of Maldives. 28% of GDP and more than 60% of the country’s foreign exchange is derived from Tourism. The number of tourists are increasing year by year.

As against the only 2 resorts in Maldives in 1972, the number of most modern resorts are 92 in the Maldives. As of 2007, over 8,380,000 tourists had visited Maldives. The number of tourists visiting Maldives is showing a steady increase.

The Maldives has a strong political and social background. There is a homogenous nature of the Maldivian society. They have one religion and one language. Therefore, government of Maldives is never confronted with any ethnic, political or social unrest that can disrupt its economic activities (which the other countries are struggling to tackle). Such problems are practically non-existent in Maldives.

The country is an income tax and corporate tax haven.

The major untapped area of natural potential is MARINE RESOURCES. Young, energetic and trainable workforce is available.

This background of soaring success in the field of tourism and business is enough for any overseas entrepreneur or corporate bodies to invest confidently in the fields of tourism and business of Maldives. There have been many successful partners from overseas countries who are partners in such business. The are very many successful foreign entrepreneurs in the areas of manufacturing and exporting, and developing and managing resorts. Their number is increasing quite fast.

The legendary culture of innovation and excellence of Maldives, the bewitching natural beauties of the hundreds of small islands, the blue seas around and the dancing waves and the surfs, the solitude of the islands, the unique sunsets, all these mesmerize the minds of each tourist and fill his heart with the unforgettable experience, memories and happiness he came looking for. This satisfaction, and this happiness of the tourists accelerates the growth of tourism in the Maldives.

The Maldives offers a clear security policy for all foreign investors.

Article 25/79 of the Law on Foreign Investments offers a transparent policy to the foreign investments, guaranteeing the security of investments made. The trade environment is liberal. The Private Sector is dynamic. All these offer a favorable climate to the investors.

There has been proven history of successful foreign investors.

The foreign investors can opt for:

Joint ventures with local partners
Wholly owned foreign investments.

INVESTING IN MALDIVES IS REGENERATING YOUR BUSINESS.

The investors could be assured of:

  • Business stability
  • Extensive free-trade agreements
  • Active government support for investment.

Source from Ministry of Trade and Industries www.trademin.gov.mv