Duration
Duration
The Corporate Resident Visa for the Maldives is mostly used by foreign investors in the country. An investment of 50 million USD is usually required to get this visa. To be eligible, you may also invest 1 million USD in Maldivian banks or the same amount in government-based real estate programs. Moreover, you are required to apply to the Ministry of Economic Development to receive your visa.
You are eligible for a Corporate Residence Visa if you have;
You must provide the following documents.
When to Apply
You are required to make sure of the visa processing time and apply accordingly. Also, you should gather all the necessary documents and fulfil all the conditions before you decide to apply.
Visa Processing Time
The standard time in which the visa is processed is 15 days. It can be more or less depending on various factors. To avoid any mishap, you should ensure that all the required documents are in order.
How to Apply
Unlike most visas, you must apply for this one at the Ministry of Economic Development. After submitting the visa fee, all you can do is wait for a confirmation email.
Duration
The Corporate Residence Visa or CRV is valid for five years.
Fees
Along with your application for a Corporate Resident Visa, you must submit a fee of 15,000 MVR. After application approval, an email is received, and the payment channel will be accessed through the Business Portal.
The Corporate Resident Visa will be granted to successful applicants for five years. Anyone who wants to extend their visa can do so 90 days before it expires.
Work
You may need a Work Permit.
Multi-entry
Enter or leave the country as you please.
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