Highly Restricted Foreign Ownership
RestrictifThe Maldives has one of the most restrictive foreign property ownership frameworks globally. Foreigners CANNOT own land or property outright. Investment is only possible through leasehold, concession, or Joint Venture structures, all requiring government approval.
- Foreigners cannot own land or property outright under any standard pathway
- Resort island investment is through government leasehold (25-50 years, renewable)
- Integrated Tourism Development (ITD) projects allow foreign leasehold purchase (50-99 years) within designated zones
- Joint Venture structures with Maldivian entities are common for guesthouse and smaller investments
- The 2015 Constitutional Amendment allowed freehold for $1B+ investments on reclaimed land, but implementation has been inconsistent and politically uncertain -- do not rely on this pathway
- All foreign investment requires approval from the Ministry of Economic Development
- Environmental Impact Assessment (EIA) required for all development projects



