Earlier this year, the largest commercial real estate services and investment firm in the world, Coldwell Banker Richard Ellis, stated that the demand for the Maldives by investors; amongst the reasons given for this was the growing number of tourist arrivals as well as the amendment of the country’s Foreign Direct Investment policy three years ago. Also highlighted was that the Maldives was a high-end tourism destination which offered the chance for higher returns on investments in hotel businesses. Another plus point was the country’s remarkable tourism recovery following the pandemic which further bolstered investor interest.
The popularity of this Indian Ocean nation has not diminished either as travellers continue to arrive in increasing numbers looking to stay at a luxury resort; Maldives had welcomed 886,978 tourists this year as of 21st June this year, as per statistics from the country’s Ministry of Tourism. This bodes as well as it looks to reach its year-end target of 1.9 million arrivals with private island resorts like The Residence Maldives Dhigurah providing ideal getaways for couples and families alike.
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