Residency Versus Work Permits in the Maldives: A Guide for Luxury Living and Investment

Residency in the Maldives grants the right to live on these coral atolls without the immediate obligation to work. Typically issued as an annual permit, it might require a minimum investment—often in real estate—or proof of substantial financial liquidity. Holders can enter and exit the archipelago freely, enjoy local amenities, and integrate into a community that values privacy and sustainability. Yet residency alone does not confer the legal right to earn income from employment onshore.

A residency permit application usually begins with a property purchase above the designated threshold, such as an investment in Coral Residences. Once documents are submitted—proof of funds, health clearance, police record checks—a 30- to 60-day review period follows. If granted, the initial term often spans 12 months, renewable each year with evidence of ongoing compliance. Over time, sustained renewal records can signal to authorities a long-term commitment and financial stability.

A work permit stands apart. It requires sponsorship by a local employer or licensed business entity. Employers submit an application that demonstrates a genuine need for foreign expertise or management. Once approved, the permit ties the holder to that employer and to a specific role. Changing jobs or launching an independent venture demands a separate process, often involving a fresh application and a new sponsorship agreement.