Update: Amendments to the Maldives Tourism Land Rent Regulation
The Maldives Government has on 8th November 2023 introduced the first amendments to the 2022 tourism land rent regulation, ‘Regulation on the Payment of Land Rent to the Government for Islands, Lagoons and Lands Leased for Tourism Purposes’ (Regulation No: R-33/2022) (“Land Rent Regulation”) governing various aspects of the calculation
November 19, 2023