The Government of Maldives has signed an agreement with global investment migration firm Henley & Partners to establish the country’s first-ever residence by investment programme. The deal was signed on the sidelines of the Maldives–Singapore Business Forum 2025, held at Sentosa Island, Singapore.
The new programme is part of the government’s efforts to draw in foreign investment beyond the tourism sector, and is aligned with stated plans under the government’s Vision 2040 to diversify the economy.
What the Agreement Entails
The residence by investment programme will allow foreign investors, particularly high-net-worth individuals, to obtain long-term residency in the Maldives through real estate acquisition. The programme will offer state-of-the-art properties with an emphasis on privacy and exclusivity, targeted at individuals seeking both lifestyle advantages and financial security amid global uncertainty.
The government has stated that only reputable applicants will be allowed through a stringent due diligence framework. Residency decisions will remain under the sovereign discretion of the Maldivian state, with safeguards in place to maintain the country’s international standing and legal integrity.
Minister of Economic Development and Trade, Mohamed Saeed, noted that this partnership was aimed at extending the Maldives’ legacy as a world-class destination to discerning global investors who see long-term potential in the country.
Economic Implications for the Maldives
By anchoring the programme in real estate investment, the government hopes to stimulate growth across other sectors such as hospitality, infrastructure, and services. The policy also marks a deliberate shift toward economic diversification, aiming to reduce dependence on traditional tourism revenues.
The initiative is expected to bring broader socio-economic benefits including job creation, infrastructure development, and foreign currency inflows. Real estate investments by ultra-wealthy individuals are often considered a first step towards deeper economic engagement and future business commitments.
Who Are Henley & Partners?
Henley & Partners is a London-headquartered global firm that specialises in residence and citizenship by investment. Known as one of the pioneers of the investment migration industry, the firm has advised governments and private clients worldwide for over two decades.
With over USD 15 billion in foreign direct investment raised through its government advisory practice, the firm is a key player in designing and implementing investment visa frameworks. Its role in the Maldives programme will involve advising the government, setting up due diligence procedures, and assisting in programme implementation to ensure alignment with national goals.
Henley & Partners also publishes the annual Henley Passport Index, a widely cited global ranking of countries based on travel freedom. The firm is often associated with high-profile clients seeking alternative residence or citizenship options for reasons ranging from global mobility to personal security and tax planning.
Safeguards and Governance
Both the government and Henley & Partners have emphasised the importance of responsible investment. The programme will be underpinned by a robust governance framework that includes transparent compliance procedures, independent assessments, and strong legal safeguards. Final approval of residency will rest solely with Maldivian authorities.
Officials have indicated that this is only the beginning of a larger dialogue on how such programmes can support the Maldives’ national development agenda while maintaining strong national security and international credibility.
The collaboration will also explore how investment migration could support the Maldives’ real estate market without distorting local housing needs, ensuring a balance between development and long-term social and economic interests.