Cooperate Resident Visa is a permit issued to a foreign investor, who had invested $50M (Fifty Million U.S. Dollars) or more in Maldives, or who had invested $1M (One Million U.S. Dollars) or more in a Maldivian Bank as a security deposit, or who had invested $1M (One Million U.S. Dollars) or more in a government approved real estate project.
Cooperate Resident Visa has to be applied to Ministry of Economic Development, and thus, visa will be granted after the approval from the Ministry. It has to be renewed in every five years (if the permitted period exceeds more than five years) and the visa fee for Cooperate Resident Visa is $2000 (Two Thousand U.S. Dollars).
Applying for Co-operate Resident Visa
The following documents has to be submitted to process the visa.
- Document from a relevant Government Authority proving the investment in Maldives.
- Passport of the applicant
- Passport size photo (Photo shall comply with Maldives Immigration passport photo standard and must be a recent photo)