The Corporate Resident Maldives, a special investor scheme, introduced by the Government of Maldives, to recognize the contribution of foreign investors and their investments to the development of Maldives.
In recognition of the essential role of foreign investments to our development and prosperity, the government is committed to provide privileged treatment that matches the premium brand image of Maldives.
The Corporate Resident Maldives scheme is the first of its kind, introduced by the Government of Maldives to facilitate seamless and speedy services to investors in Maldives. For significant and large investors joining this privileged investor club, the scheme will take the service standards to a new level.
The Corporate Resident Visa (CR Visa) issued under the Corporate Resident Maldives scheme, will provide superior services to investors at the point of entry into the country, while the Corporate Resident Card will guarantee streamlined and hassle free services, during their stay in Maldives and in conducting business operations.
ELIGIBILITY
Investors and investments meeting the following eligibility criteria are invited to apply for the Corporate Resident Maldives scheme.
PRIVILEGES
WHO IS ENTITLED TO BECOME A CORPORATE RESIDENT
The CR Visa and the Corporate Resident Card is issued to the following qualifying foreign investments and investors.
DURATION OF THE CR VISA
For all eligible and qualifying investors, the CR Visa and the Corporate Resident Card will be issued for the durations specified below;
The CR Visa, Corporate Resident Card and the privileges entitled will be cancelled if the investment is sold, discontinued, change hands or the investor violates the Laws of the Maldives.
FEES
An administrative processing fee of USD 2,000 (two thousand) will be levied to process the application.
HOW TO APPLY RENEWAL
Foreign investors who desire to join the Corporate Resident Maldives scheme, are invited to submit the application form and the supporting documents stated in the form to the designated Ministry, as follows.
Tourism related investors shall submit the application to Ministry of Tourism.
For Non-tourism related investments, all applications shall be lodged to Ministry of Economic Development.
RENEWAL
Investors with a valid CR Visa and Corporate Resident Card shall apply to renew the documentation every 5 years. In the event of the expiry of the passport, application shall be submitted to renew the CR Visa.