A surge in taxes and the compulsory exchange of foreign currency to local currency for resorts in the Maldives has raised concerns among operators, especially as the industry continues to recover from the effects of the Covid-19 pandemic.
Starting December 1, the airport tax for foreign passengers will rise to US$50 for economy class, up from the current US$30. For business class passengers, the tax will double to US$120 from US$60, while first-class passengers will see an increase to US$240 from US$90. The increase for local passengers is lower in comparison.
From July 2025, the Tourism Goods and Services Tax (T-GST) goes up to 17 per cent…
