Maldives to Launch Investor Visa Offering Five-Year Residency

The Maldives government has announced the launch of its first investor visa program, offering five-year renewable residencies to foreign nationals who invest in luxury real estate.

The program is part of a broader national strategy to diversify the economy and reduce reliance on tourism, which currently generates over half of the country’s foreign currency inflows.

Officials confirmed the initiative is in its final planning stages, with further details expected in the coming months.

Residency Linked to Real Estate Acquisition

The investor visa will be directly tied to the purchase of approved real estate. While the required minimum investment amount has not yet been published, applicants will be eligible for a five-year residence permit, which can be renewed.

There will be no physical presence requirement to maintain residency, and applicants will need to provide standard documentation, including police clearance and medical reports.

The program supports the Maldives' long-term economic goals by welcoming investors interested in contributing to sectors such as real estate and infrastructure.

Legal Framework on Citizenship

Under current national laws, eligibility for citizenship remains subject to specific constitutional requirements, including religious and residency criteria. The investor visa offers long-term residency but does not automatically lead to citizenship.

Timeline and Next Steps

The program has not yet officially launched, but it is in an advanced stage of development. More details, including investment thresholds, property categories, and application procedures, are expected to be released in the coming weeks.