A second amendment to the Maldives Immigration Act was approved by President Ibrahim Mohamed.
This new law introduces two additional visa options.
A co-operate resident visa and a meeting visa.
The first is a visa for foreigners who have invested more than 250 million dollars in the Maldives or by keeping the same amount in a fixed bank account with a local bank for five years.
Shareholders and partners of companies that are registered and active in the Maldives can obtain corporate resident visa for themselves and their families according to the regulations.
The latter is a short-term permit that allows foreigners to visit the country for official business.
It is issued according to the guidelines set by the Registrar of Businesses.