Maldives Branded Residences-a Buyer’s Guide
Beyond the brand, the location and the lifestyle, there is an important legal framework that every prospective buyer should understand.… Read More »Maldives Branded Residences-a Buyer’s Guide
Hospitality
November 2020 – Amendments to Tourism Act
The Maldives Parliament proposed significant changes to the Tourism Act affecting lease rent, and introduced new concepts for ‘integrated tourist resort development’, ‘private island development’, etc.
This bulletin provides a snapshot overview of the salient provisions of the amendments to the Tourism Act.