B Class Property

Maldives real estate - Invest Now

by Admin
Created Jul 24, 2021 | Maldives
$0 raised of $590,000 goal 0.00%
  • 0 Investments
  • No deadline
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Maldives Residences has built a reputation for integrity and professionalism and offers a world class service to buyers, sellers and those looking to rent a property either short or long term.

The Investment Promotion Act makes provision for the introduction of a Smart City Scheme (SCS) and a Property Development Scheme (PDS). The two new schemes will be administered by the BOI under a new set of Regulations. Government will come up with a clear roadmap and guidelines for the development of these projects that will be prescribed shortly.
The Smart City Scheme (SCS) will promote targeted economic activities while at the same time consolidation the industrial and service base and an economic diversification path the promotion and uphold ecological sustainable development.
The Property Development Scheme (PDS) will attract investment from abroad by allowing non-citizens to acquire residential properties under the Scheme.
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